Companhia Energética de Minas Gerais (NYSE:CIG) Q2 2023 Earnings Conference Call August 4, 2023 2:00 PM ET

Company Participants

Carolina Senna - Superintendent, IR

Reynaldo Passanezi Filho - CEO

Leonardo George de Magalhaes - CFO

Thadeu Carneiro da Silva - Chief Generation and Transmission officer

Marco da Camino Ancona Lopez Soligo - Chief Participation Officer

Conference Call Participants

Andre Sampaio - Santander

Marcelo Sa - Itau

Daniel Travitzky - Safra Bank

Operator

[Starts Abruptly] Earnings Video Conference Call. We inform that this video conference is being recorded and will be available at the company's [indiscernible] website, where you will find the company's presentation. Should you need simultaneous interpreting, the feature is available by clicking on the globe icon located on the bottom of the screen using interpretation and then the language of your choice, Portuguese or English. If you choose to follow the call in English, you can also select mute original audio.

Now, I would like to turn the floor over to Carolina Senna, Investor Relations, Superintendent. Please, Ms. Senna, you may proceed.

Carolina Senna

Thank you. Good afternoon, everyone. I'm Carolina Senna. I'm Cemig's Investor Relations Superintendent. We now start Cemig's second quarter 2023 earnings call and webcast with the following executives: Reynaldo Passanezi Filho, CEO; Leonardo George de Magalhaes, CFO and IR Officer; Marco da Camino Ancona Lopez Soligo, Chief Participation Officer; Marney Tadeu Antunes, Chief Distribution Officer; and Thadeu Carneiro da Silva, Chief Generation and Transmission officer.

For the initial remarks, I turn the floor over to our CEO, Reynaldo Filho.

Reynaldo Passanezi Filho

Good afternoon, everyone. Once again, it is a pleasure to be here, bringing to you the results of another quarter. And these keep being sound and consistent results, as you can see in this first slide, I can say that this is our main message. The company is effectively in a sound and consistent growth route. This is thanks to a very clear strategy that here we called to focus in Minas Gerais and to win.

As you see in the last bullet, we have been very successful in executing the largest investment program in Cemig's history. And this program is focused on the businesses that we know in the territories and the areas and the clients that we know. You have BRL42 billion investments for the next five years, focused in distribution, transmission and generation of energy in Minas Gerais, and also in the trading area all over the country.