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Corporate Structure

Argo Energia Empreendimentos e Participações S.A. (Argo) was organized on March 23, 2016. It is a corporation listed in the B category on the São Paulo Stock Exchange ("B3") and registered with the Brazilian Securities and Exchange Commission ("CVM"). Argo's controlling interest is shared between Grupo Energía Bogotá S.A. ("GEB"), and Red Electrica Brasil Holding Ltda. ("REB"), each one holding 50% of Argo's common shares.

Estrutura Societária

Argo Energia holds 100% of common shares in the SPEs Argo I, Argo II, Argo III, and Argo IV, and holds a 62.5% of common shares in Argeb, a jointly-owned subsidiary with Gebbrás (a company 100% controlled by Grupo Energia Bogotá ).

  Classification Interest %
Argo Transmissão de Energia S.A. ("Argo I") Controlled Company 100%
Argo II Transmissão de Energia S.A. ("Argo II")) Controlled Company 100%
Argo III Transmissão de Energia S.A. ("Argo III") Controlled Company 100%
Argo IV Transmissão de Energia S.A. ("Argo IC") Controlled Company 100%
Argeb Energia Empreendimentos e Participações S.A. ("Argeb") Jointly Controlled 62.50%

Argo's capital totals BRL 2,618,483, represented by 1,759,419,386 common shares, registered, book-entry shares, and without par value.

     
Shareholders Common Shares %
Red Eléctrica Brasil Holding Ltda. 879,710 50%
Grupo Energia Bogotá S.A. 879,710 50%
Total 1,759,420 100%