Mr. Paul Sakrzewski reports

COPEL DISTRIBUICAO SELECTS COPPERLEAF PORTFOLIO FOR ASSET INVESTMENT PLANNING

Copperleaf Technologies Inc. has been selected for its decision analytics solution by the distribution subsidiary of Copel, one of the largest integrated energy groups in Brazil, responsible for supplying electricity to more than five million customers in the state of Parana.

Copel has been investing heavily in a program to reinforce the state's electrical infrastructure and improve the reliability of its asset base. Medium and high-voltage substations and distribution lines are being built and expanded to improve the population's quality of life and offer customers a safe, high-performance network. Guided by its strategic pillar of discipline in capital allocation, Copel recognized the need for a transparent and objective, end-to-end investment planning process to create and compare investment scenarios, obtain relevant business insights about its portfolio, and justify plans to the board of directors.

Copel Distribuicao has partnered with Copperleaf and Concert Technologies to help the company streamline investment planning and ensure portfolios are optimized to deliver maximum value to regulators, shareholders and customers.

"We are committed to making Copel Distribuicao an increasingly efficient company. Our expectation with this solution is to ensure that future investments and asset management bring even greater benefits," stated Maximiliano Orfali, chief executive officer of Copel Distribuicao. Since 2019, Copel's energy distribution subsidiary has invested 6.7 billion Brazilian reals ($1.88-billion) in electrical infrastructure in Parana.

"We are thankful to Copel for putting their trust in Copperleaf and proud to welcome them to our growing community. A pioneer in Latin America's energy sector, we look forward to working with a company that is dedicated to Brazil's sustainable energy future," said Paul Sakrzewski, Copperleaf chief executive officer. "Copperleaf and Concert Technologies will enable Copel to clearly align their resource allocation decisions with their strategic goals, including financial, sustainability and reliability targets."

"Copel's vision is to lead the electricity sector and, at the same time, promote sustainable development and generate sustainable value," said Karina Perez, Copperleaf regional sales director in Latin America. "We are excited to support the company in achieving these goals through value-based decision making."

"This project demonstrates Concert's firm commitment to offering high-value-added solutions for the electricity sector, whether through internal developments or strategic partnerships with international leaders, such as Copperleaf. I am sure that we are contributing, once again, to the evolution of the sector towards an increasingly data-driven approach," said Felipe Sant'Anna, innovation and new business manager at Concert Technologies.

About Copperleaf Technologies Inc.

Copperleaf provides enterprise decision analytics software solutions to companies managing critical infrastructure. It leverages operational and financial data to empower its clients to make investment decisions that deliver the highest business value. What sets Copperleaf apart is its industry-leading products and its commitment to providing extraordinary experiences, shaped by people who care deeply and partnerships that stand the test of time. Copperleaf is actively involved in shaping and implementing global industry standards and sustainability principles through its participation in the United Nations Global Compact, the Institute of Asset Management and other organizations. Headquartered in Vancouver, Canada, Copperleaf's solutions are distributed and supported by regional staff and partners worldwide.

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