EDENOR

The basic earnings per share are calculated by dividing the profit attributable to the holders of the Company’s equity instruments by the weighted average number of common shares outstanding as of June 30, 2026 and 2025, excluding common shares purchased by the Company and held as treasury shares.

The basic earnings per share coincide with the diluted earnings per share, inasmuch as there exist neither preferred shares nor Corporate Notes convertible into common shares.

CONDENSED INTERIM CONSOLIDATED FINANCIAL STATEMENTS

CONDENSED INTERIM CONSOLIDATED FINANCIAL STATEMENTS

CONDENSED INTERIM CONSOLIDATED FINANCIAL STATEMENTS

The leases recognized as right-of-use assets in accordance with IFRS 16 are disclosed below:

The development of right-of-use assets is as follows:

The value of the Company’s other financial receivables approximates their fair value.

The non-current other receivables are measured at amortized cost, which does not differ significantly from their fair value.

CONDENSED INTERIM CONSOLIDATED FINANCIAL STATEMENTS

The roll forward of the allowance for the impairment of other receivables is as follows:

The value of the Company’s trade receivables approximates their fair value.

The roll forward of the allowance for the impairment of trade receivables is as follows:

CONDENSED INTERIM CONSOLIDATED FINANCIAL STATEMENTS

The non-current shares relate to acquisitions of minority interests in the share capital of two companies engaged in the development of mining projects aimed at the exploration of critical minerals, such as lithium and copper, at an early-stage or pre-exploration phase, in the province of Catamarca, whose adjacent areas show high prospectivity. Those acquisitions represent 15% and 40% of those companies’ share capital, with political rights in the latter case being limited to 11.8%. The Company has recognized these investments at their fair value in accordance with IFRS 9.

The fair value of the shares as of June 30, 2026 amounts to $ 54,689 and has been determined on the basis of valuation reports prepared by independent experts, which take into consideration third-party comparable transactions involving properties at similar exploration stages. Due to the fact that there is no active market for the shares, a per-hectare multiples approach was used, adjusted for geological characteristics, location and market conditions. The applicable fair value category is Level 3 (Note 5).

The reconciliation of the balances of cash and cash equivalents that are disclosed in the Statement of Cash Flows in accordance with the provisions of IAS 7 is as follows:

As of June 30, 2026, the Company’s share capital amounts to 906,455,100 shares, divided into 462,292,111 common, book-entry Class A shares with a par value of one peso each and the right to one vote per share, 442,566,330 common, book-entry Class B shares with a par value of one peso each and the right to one vote per share, and 1,596,659 common, book-entry Class C shares with a par value of one peso each and the right to one vote per share.

The restrictions on the distribution of dividends by the Company are those provided for by the Business Organizations Law and by the negative covenants established by the Corporate Notes program.

If the Company’s Debt Ratio were higher than 3.75, the negative covenants set out in the Corporate Notes program, which establish, among other issues, the Company’s impossibility to make certain payments, such as dividends, would apply.

CONDENSED INTERIM CONSOLIDATED FINANCIAL STATEMENTS

Additionally, in accordance with Title IV, Chapter III, section 3.11.c of the CNV regulations, the amounts subject to distribution will be restricted to the amount equivalent to the acquisition cost of the Company’s own shares. In this regard, the Company has special-purpose reserves to cover the aforementioned restriction.

(1) As of June 30, 2026, is disclosed net of the credits recognized in the Framework Agreement for $ 12,732 (Note 2.c). As of June 30, 2026 and December 31, 2025, includes $ 950 and $ 47,672 relating to post-dated checks issued by the Company in favor of CAMMESA, respectively.

The value of the financial liabilities included in the Company’s trade payables approximates their fair value.

(1) Related to an agreement entered into between ENRE and the Company regarding penalties associated with feeders, payable in 30 consecutive monthly installments.

The value of the rest of the financial liabilities included in the Company’s other payables approximates their fair value.

CONDENSED INTERIM CONSOLIDATED FINANCIAL STATEMENTS

The fair values of the Company’s Corporate Notes as of June 30, 2026 and December 31, 2025 amount approximately to $ 1,601,311 and $ 1,165,816 respectively. Those values have been determined on the basis of the estimated market price of the Corporate Notes at the end of the period/year. The applicable fair value category is Level 1.

CONDENSED INTERIM CONSOLIDATED FINANCIAL STATEMENTS

On April 15, 2026, in accordance with the provisions of the Prospectus Supplement, the Company approved the terms of issue of Class No. 10, US dollar-denominated Corporate Notes, due in 2031, 2032 and 2033, to be issued for an aggregate principal amount of up to USD 300,000,000, which may be increased to USD 550,000,000, in the framework of the Global Program for the Issuance of Corporate Notes.

Furthermore, simultaneously with the issuance mentioned above, the Company launched a Cash Tender Offer to acquire up to USD 150,000,000 of its outstanding Class No. 7 Corporate Notes.

In this regard, on April 28, 2026, the Company issued Class No. 10 -Series I and II- Corporate Notes for a principal amount of USD 523,338,243 and USD 26,661,757, respectively (with bids totaling USD 1,151,000,000).

In particular, the Class No. 10 Series II Corporate Notes were paid in kind through the delivery of the Company's Class No. 3 and Class No. 5 Corporate Notes, which were subsequently canceled for an amount of USD 25,260,945.

The principal on Class No. 10 Corporate Notes will be repaid in three equal installments on April 28, 2031, 2032 and 2033. Furthermore, they will accrue interest at a fixed nominal annual rate of 9.5%, payable semiannually in arrears.

Additionally, as a result of the “Early Tender” within the framework of the Tender Offer for Class No. 7 Corporate Notes, the Company increased the maximum acceptance amount to USD 175,000,000, thereby accepting the tendered corporate notes on a pro-rata basis up to said amount. Consequently, on April 30, 2026, the Company redeemed USD 175,000,000 of the Class No. 7 Corporate Notes for cash, reducing the outstanding amount to USD 300,000,000.

The Company is subject to covenants that limit its ability to incur indebtedness pursuant to the terms and conditions of Classes Nos. 3, 5, 7, 9 and 10 Corporate Notes, which indicate that the Company may not incur new Indebtedness, except for certain Permitted Indebtedness or when the Debt ratio is not greater than 3.75 or less than zero and the Interest Expense Coverage ratio is less than 2. As of June 30, 2026, the values of the aforementioned ratios meet the established parameters.

Based on the above, the Company’s Corporate Note debt structure as of June 30, 2026 is comprised of as follows:

(*) Issuance in ARS, translated into USD at the exchange rate detailed in Note 5.

CONDENSED INTERIM CONSOLIDATED FINANCIAL STATEMENTS

The maturities of the Company’s borrowings and their exposure to interest rates are as follow:

The Company’s borrowings are denominated in the following currencies:

On June 29, 2026, in accordance with the provisions of the Prospectus Supplement, the Company approved the terms of issue of Class No. 11, US dollar-denominated Corporate Notes, due in 2029, to be issued for an aggregate principal amount of up to USD 150,000,000, which may be increased to USD 230,000,000, in the framework of the Global Program for the Issuance of Corporate Notes.

Consequently, on July 3, 2026, the Company issued Class No. 11 Corporate Notes for a principal amount of USD 213,462,519.

Furthermore, on July 27, 2026, in accordance with the provisions of the Prospectus Supplement, the Company approved the terms of issue of Additional Class No. 10 US dollar-denominated Corporate Notes, due in 2031, 2032 and 2033, to be issued for a maximum principal amount of up to USD 300,000,000, following the increase of the Program amount to USD 1,700,000,000 (Note 32).

Consequently, on August 5, 2026, the Company issued Additional Class No. 10 Corporate Notes for a principal amount of USD 200,000,000.

Finally, on August 7, 2026, the Company repaid in full its Class No. 9 Corporate Notes, for a total principal amount of $ 20,000.

CONDENSED INTERIM CONSOLIDATED FINANCIAL STATEMENTS

The value of the Company’s salaries and social security taxes payable approximates their fair value.

The breakdown of income tax, determined in accordance with the provisions of IAS 12, is as follows:

The detail of the income tax expense for the period includes two effects: (i) the current tax for the period payable in accordance with the tax legislation applicable to the Company; and (ii) the effect of applying the deferred tax method on the temporary differences arising from the valuation of assets and liabilities for accounting and tax purposes.

The breakdown of deferred tax assets and liabilities is as follows:

CONDENSED INTERIM CONSOLIDATED FINANCIAL STATEMENTS

Based on the guidelines provided for in IFRIC 23 “Uncertainty over income tax treatments”, the Company has restated for inflation the cumulative tax losses and fixed assets depreciation for additions prior to January 1, 2018, using the wholesale price index, general level (IPIM) and the consumer price index, general level (IPC), respectively. This criterion has been adopted taking into consideration that the effective income tax rate shows a confiscatory result, in line with the Supreme Court of Justice of Argentina’s decision rendered in the case entitled “Telefónica de Argentina SA and Another vs/EN-AFIP-DGI, General Tax Bureau” on October 25, 2022.

The reconciliation between the income tax expense recognized in profit or loss and the amount that would result from applying the applicable tax rate to the accounting income before taxes, is as follows:

The income tax payable, net of withholdings is as follows:

CONDENSED INTERIM CONSOLIDATED FINANCIAL STATEMENTS

The following transactions were carried out with related parties:

CONDENSED INTERIM CONSOLIDATED FINANCIAL STATEMENTS

The balances with related parties are as follow:

The Company’s Annual Ordinary Shareholders’ Meeting held on April 29, 2026 resolved, among other issues, the following:

Furthermore, the Company’s Ordinary Shareholders’ Meeting held on July 27, 2026, resolved to approve the increase in the amount of the Company’s Global Corporate Notes Issuance Programto up to USD 1,700,000,000, and to delegate authority to the Board of Directors.

The Company is participating in the competitive bidding process conducted by YPF S.A. to select the buyer of the shares it holds in Metrogas S.A., the leading natural gas distribution company in Argentina.

On July 23, 2026, the Company, jointly with Andina Energies PLC, submitted an irrevocable offer to YPF S.A. to acquire the shares of Metrogas S.A., representing 70% of its share capital and voting rights, and the shares representing 5% of the share capital and voting rights of MetroEnergía S.A., a subsidiary of Metrogas S.A.

At the date of issuance of these condensed interim consolidated financial statements, there can be no assurance as to the acceptance of the Company's offer, the consummation of the transaction, or the date of its occurrence.

CONDENSED INTERIM CONSOLIDATED FINANCIAL STATEMENTS

The following are the events that have occurred subsequent to June 30, 2026:

DANIEL MARX

Chairman