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  <link:arcroleRef arcroleURI="http://xbrl.org/arcrole/2008/element-label" xlink:type="simple" xlink:href="http://www.xbrl.org/2008/generic-label.xsd#element-label"/>
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    <link:loc xlink:type="locator" xlink:href="esef_ifrs_18.xsd#esef_role-000000" xlink:label="esef_role-000000"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="pt" xlink:label="label_esef_role-000000">[000000] Etiquetas a serem aplicadas caso a informação correspondente esteja presente num relatório</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="esef_role-000000" xlink:to="label_esef_role-000000"/>
    <link:loc xlink:type="locator" xlink:href="esef_ifrs_18.xsd#ifrs_18_role-110000" xlink:label="ifrs_18_role-110000"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="pt" xlink:label="label_ifrs_18_role-110000">[110000] Informação geral acerca das demonstrações financeiras</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ifrs_18_role-110000" xlink:to="label_ifrs_18_role-110000"/>
    <link:loc xlink:type="locator" xlink:href="esef_ifrs_18.xsd#ifrs_18_role-210000" xlink:label="ifrs_18_role-210000"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="pt" xlink:label="label_ifrs_18_role-210000">[210000] Demonstração da posição financeira, corrente/não corrente</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ifrs_18_role-210000" xlink:to="label_ifrs_18_role-210000"/>
    <link:loc xlink:type="locator" xlink:href="esef_ifrs_18.xsd#ifrs_18_role-220000" xlink:label="ifrs_18_role-220000"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="pt" xlink:label="label_ifrs_18_role-220000">[220000] Demonstração da posição financeira, ordem de liquidez</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ifrs_18_role-220000" xlink:to="label_ifrs_18_role-220000"/>
    <link:loc xlink:type="locator" xlink:href="esef_ifrs_18.xsd#ifrs_18_role-410000" xlink:label="ifrs_18_role-410000"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="pt" xlink:label="label_ifrs_18_role-410000">[410000] Demonstração do rendimento integral, componentes OCI apresentados líquidos de impostos</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ifrs_18_role-410000" xlink:to="label_ifrs_18_role-410000"/>
    <link:loc xlink:type="locator" xlink:href="esef_ifrs_18.xsd#ifrs_18_role-420000" xlink:label="ifrs_18_role-420000"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="pt" xlink:label="label_ifrs_18_role-420000">[420000] Demonstração do rendimento integral, componentes OCI apresentados antes de impostos</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ifrs_18_role-420000" xlink:to="label_ifrs_18_role-420000"/>
    <link:loc xlink:type="locator" xlink:href="esef_ifrs_18.xsd#ifrs_18_role-610000" xlink:label="ifrs_18_role-610000"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="pt" xlink:label="label_ifrs_18_role-610000">[610000] Demonstração das alterações no capital próprio</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ifrs_18_role-610000" xlink:to="label_ifrs_18_role-610000"/>
    <link:loc xlink:type="locator" xlink:href="esef_ifrs_18.xsd#ifrs_18_role-800100" xlink:label="ifrs_18_role-800100"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="pt" xlink:label="label_ifrs_18_role-800100">[800100] Subclassificações dos ativos, passivos e capitais próprios</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ifrs_18_role-800100" xlink:to="label_ifrs_18_role-800100"/>
    <link:loc xlink:type="locator" xlink:href="esef_ifrs_18.xsd#ifrs_18_role-800200" xlink:label="ifrs_18_role-800200"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="pt" xlink:label="label_ifrs_18_role-800200">[800200] Análise dos rendimentos e despesas</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ifrs_18_role-800200" xlink:to="label_ifrs_18_role-800200"/>
    <link:loc xlink:type="locator" xlink:href="esef_ifrs_18.xsd#ifrs_18_role-800400" xlink:label="ifrs_18_role-800400"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="pt" xlink:label="label_ifrs_18_role-800400">[800400] Demonstração das alterações no capital próprio, divulgações adicionais</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ifrs_18_role-800400" xlink:to="label_ifrs_18_role-800400"/>
    <link:loc xlink:type="locator" xlink:href="esef_ifrs_18.xsd#ifrs_18_role-800500" xlink:label="ifrs_18_role-800500"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="pt" xlink:label="label_ifrs_18_role-800500">[800500] Lista de notas</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ifrs_18_role-800500" xlink:to="label_ifrs_18_role-800500"/>
    <link:loc xlink:type="locator" xlink:href="esef_ifrs_18.xsd#ifrs_18_role-800600" xlink:label="ifrs_18_role-800600"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="pt" xlink:label="label_ifrs_18_role-800600">[800600] Lista das políticas contabilísticas</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ifrs_18_role-800600" xlink:to="label_ifrs_18_role-800600"/>
    <link:loc xlink:type="locator" xlink:href="esef_ifrs_18.xsd#ifrs_18_role-800610" xlink:label="ifrs_18_role-800610"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="pt" xlink:label="label_ifrs_18_role-800610">[800610] Lista das informações significativas sobre as políticas contabilísticas</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ifrs_18_role-800610" xlink:to="label_ifrs_18_role-800610"/>
    <link:loc xlink:type="locator" xlink:href="esef_ifrs_18.xsd#ifrs_18_role-810000" xlink:label="ifrs_18_role-810000"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="pt" xlink:label="label_ifrs_18_role-810000">[810000] Notas — Informação sobre a empresa</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ifrs_18_role-810000" xlink:to="label_ifrs_18_role-810000"/>
    <link:loc xlink:type="locator" xlink:href="esef_ifrs_18.xsd#ifrs_18_role-861000" xlink:label="ifrs_18_role-861000"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="pt" xlink:label="label_ifrs_18_role-861000">[861000] Notas — Análise de outro rendimento integral por item</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ifrs_18_role-861000" xlink:to="label_ifrs_18_role-861000"/>
    <link:loc xlink:type="locator" xlink:href="esef_ifrs_18.xsd#ifrs_18_role-861200" xlink:label="ifrs_18_role-861200"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="pt" xlink:label="label_ifrs_18_role-861200">[861200] Notas — Capital social, reservas e outro interesse de capital próprio</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ifrs_18_role-861200" xlink:to="label_ifrs_18_role-861200"/>
    <link:loc xlink:type="locator" xlink:href="esef_ifrs_18.xsd#ifrs_18_role-880000" xlink:label="ifrs_18_role-880000"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="pt" xlink:label="label_ifrs_18_role-880000">[880000] Notas — Informações adicionais</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ifrs_18_role-880000" xlink:to="label_ifrs_18_role-880000"/>
    <link:loc xlink:type="locator" xlink:href="esef_ifrs_18.xsd#ias_10_role-815000" xlink:label="ias_10_role-815000"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="pt" xlink:label="label_ias_10_role-815000">[815000] Notas — Acontecimentos após o período de relato</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ias_10_role-815000" xlink:to="label_ias_10_role-815000"/>
    <link:loc xlink:type="locator" xlink:href="esef_ifrs_18.xsd#ias_12_role-835110" xlink:label="ias_12_role-835110"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="pt" xlink:label="label_ias_12_role-835110">[835110] Notas — Impostos sobre o rendimento</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ias_12_role-835110" xlink:to="label_ias_12_role-835110"/>
    <link:loc xlink:type="locator" xlink:href="esef_ifrs_18.xsd#ias_16_role-822100" xlink:label="ias_16_role-822100"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="pt" xlink:label="label_ias_16_role-822100">[822100] Notas — Ativos fixos tangíveis</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ias_16_role-822100" xlink:to="label_ias_16_role-822100"/>
    <link:loc xlink:type="locator" xlink:href="esef_ifrs_18.xsd#ias_19_role-834480" xlink:label="ias_19_role-834480"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="pt" xlink:label="label_ias_19_role-834480">[834480] Notas — Benefícios dos empregados</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ias_19_role-834480" xlink:to="label_ias_19_role-834480"/>
    <link:loc xlink:type="locator" xlink:href="esef_ifrs_18.xsd#ias_2_role-826380" xlink:label="ias_2_role-826380"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="pt" xlink:label="label_ias_2_role-826380">[826380] Notas — Existências</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ias_2_role-826380" xlink:to="label_ias_2_role-826380"/>
    <link:loc xlink:type="locator" xlink:href="esef_ifrs_18.xsd#ias_20_role-831400" xlink:label="ias_20_role-831400"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="pt" xlink:label="label_ias_20_role-831400">[831400] Notas — Subsídios governamentais</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ias_20_role-831400" xlink:to="label_ias_20_role-831400"/>
    <link:loc xlink:type="locator" xlink:href="esef_ifrs_18.xsd#ias_21_role-842000" xlink:label="ias_21_role-842000"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="pt" xlink:label="label_ias_21_role-842000">[842000] Notas — Efeitos das alterações nas taxas de câmbio</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ias_21_role-842000" xlink:to="label_ias_21_role-842000"/>
    <link:loc xlink:type="locator" xlink:href="esef_ifrs_18.xsd#ias_23_role-836200" xlink:label="ias_23_role-836200"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="pt" xlink:label="label_ias_23_role-836200">[836200] Notas — Custos de empréstimos</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ias_23_role-836200" xlink:to="label_ias_23_role-836200"/>
    <link:loc xlink:type="locator" xlink:href="esef_ifrs_18.xsd#ias_24_role-818000" xlink:label="ias_24_role-818000"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="pt" xlink:label="label_ias_24_role-818000">[818000] Notas — Parte relacionada</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ias_24_role-818000" xlink:to="label_ias_24_role-818000"/>
    <link:loc xlink:type="locator" xlink:href="esef_ifrs_18.xsd#ias_26_role-710000" xlink:label="ias_26_role-710000"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="pt" xlink:label="label_ias_26_role-710000">[710000] Demonstração de alterações nos ativos líquidos disponíveis para benefícios</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ias_26_role-710000" xlink:to="label_ias_26_role-710000"/>
    <link:loc xlink:type="locator" xlink:href="esef_ifrs_18.xsd#ias_27_role-825480" xlink:label="ias_27_role-825480"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="pt" xlink:label="label_ias_27_role-825480">[825480] Notas — Demonstrações financeiras separadas</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ias_27_role-825480" xlink:to="label_ias_27_role-825480"/>
    <link:loc xlink:type="locator" xlink:href="esef_ifrs_18.xsd#ias_29_role-816000" xlink:label="ias_29_role-816000"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="pt" xlink:label="label_ias_29_role-816000">[816000] Notas — Relatório hiperinflacionário</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ias_29_role-816000" xlink:to="label_ias_29_role-816000"/>
    <link:loc xlink:type="locator" xlink:href="esef_ifrs_18.xsd#ias_33_role-838000" xlink:label="ias_33_role-838000"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="pt" xlink:label="label_ias_33_role-838000">[838000] Notas — Lucros por ação</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ias_33_role-838000" xlink:to="label_ias_33_role-838000"/>
    <link:loc xlink:type="locator" xlink:href="esef_ifrs_18.xsd#ias_34_role-813000" xlink:label="ias_34_role-813000"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="pt" xlink:label="label_ias_34_role-813000">[813000] Notas — Relatório financeiro intercalar</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ias_34_role-813000" xlink:to="label_ias_34_role-813000"/>
    <link:loc xlink:type="locator" xlink:href="esef_ifrs_18.xsd#ias_36_role-832410" xlink:label="ias_36_role-832410"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="pt" xlink:label="label_ias_36_role-832410">[832410] Notas — Imparidade dos ativos</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ias_36_role-832410" xlink:to="label_ias_36_role-832410"/>
    <link:loc xlink:type="locator" xlink:href="esef_ifrs_18.xsd#ias_37_role-827570" xlink:label="ias_37_role-827570"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="pt" xlink:label="label_ias_37_role-827570">[827570] Notas — Outras provisões, passivos contingentes e ativos contingentes</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ias_37_role-827570" xlink:to="label_ias_37_role-827570"/>
    <link:loc xlink:type="locator" xlink:href="esef_ifrs_18.xsd#ias_38_role-823180" xlink:label="ias_38_role-823180"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="pt" xlink:label="label_ias_38_role-823180">[823180] Notas — Ativos intangíveis</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ias_38_role-823180" xlink:to="label_ias_38_role-823180"/>
    <link:loc xlink:type="locator" xlink:href="esef_ifrs_18.xsd#ias_40_role-825100" xlink:label="ias_40_role-825100"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="pt" xlink:label="label_ias_40_role-825100">[825100] Notas — Propriedade de investimento</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ias_40_role-825100" xlink:to="label_ias_40_role-825100"/>
    <link:loc xlink:type="locator" xlink:href="esef_ifrs_18.xsd#ias_41_role-824180" xlink:label="ias_41_role-824180"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="pt" xlink:label="label_ias_41_role-824180">[824180] Notas — Agricultura</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ias_41_role-824180" xlink:to="label_ias_41_role-824180"/>
    <link:loc xlink:type="locator" xlink:href="esef_ifrs_18.xsd#ias_7_role-510000" xlink:label="ias_7_role-510000"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="pt" xlink:label="label_ias_7_role-510000">[510000] Demonstração dos fluxos de caixa, método direto</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ias_7_role-510000" xlink:to="label_ias_7_role-510000"/>
    <link:loc xlink:type="locator" xlink:href="esef_ifrs_18.xsd#ias_7_role-520000" xlink:label="ias_7_role-520000"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="pt" xlink:label="label_ias_7_role-520000">[520000] Demonstração dos fluxos de caixa, método indireto</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ias_7_role-520000" xlink:to="label_ias_7_role-520000"/>
    <link:loc xlink:type="locator" xlink:href="esef_ifrs_18.xsd#ias_7_role-800300" xlink:label="ias_7_role-800300"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="pt" xlink:label="label_ias_7_role-800300">[800300] Demonstração dos fluxos de caixa, divulgações adicionais</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ias_7_role-800300" xlink:to="label_ias_7_role-800300"/>
    <link:loc xlink:type="locator" xlink:href="esef_ifrs_18.xsd#ias_7_role-851100" xlink:label="ias_7_role-851100"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="pt" xlink:label="label_ias_7_role-851100">[851100] Notas — Demonstração dos fluxos de caixa</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ias_7_role-851100" xlink:to="label_ias_7_role-851100"/>
    <link:loc xlink:type="locator" xlink:href="esef_ifrs_18.xsd#ias_8_role-811000" xlink:label="ias_8_role-811000"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="pt" xlink:label="label_ias_8_role-811000">[811000] Notas — Divulgação da base de elaboração das demonstrações financeiras e declaração de conformidade com as IFRS</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ias_8_role-811000" xlink:to="label_ias_8_role-811000"/>
    <link:loc xlink:type="locator" xlink:href="esef_ifrs_18.xsd#ifric_2_role-868500" xlink:label="ifric_2_role-868500"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="pt" xlink:label="label_ifric_2_role-868500">[868500] Notas — Ações dos membros em entidades cooperativas e instrumentos semelhantes</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ifric_2_role-868500" xlink:to="label_ifric_2_role-868500"/>
    <link:loc xlink:type="locator" xlink:href="esef_ifrs_18.xsd#ifric_5_role-868200" xlink:label="ifric_5_role-868200"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="pt" xlink:label="label_ifric_5_role-868200">[868200] Notas — Direitos a interesses resultantes de fundos de descomissionamento, restauro e reabilitação ambiental</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ifric_5_role-868200" xlink:to="label_ifric_5_role-868200"/>
    <link:loc xlink:type="locator" xlink:href="esef_ifrs_18.xsd#ifrs_1_role-819100" xlink:label="ifrs_1_role-819100"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="pt" xlink:label="label_ifrs_1_role-819100">[819100] Notas — Adoção pela primeira vez</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ifrs_1_role-819100" xlink:to="label_ifrs_1_role-819100"/>
    <link:loc xlink:type="locator" xlink:href="esef_ifrs_18.xsd#ifrs_12_role-825700" xlink:label="ifrs_12_role-825700"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="pt" xlink:label="label_ifrs_12_role-825700">[825700] Notas — Interesses noutras entidades</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ifrs_12_role-825700" xlink:to="label_ifrs_12_role-825700"/>
    <link:loc xlink:type="locator" xlink:href="esef_ifrs_18.xsd#ifrs_13_role-823000" xlink:label="ifrs_13_role-823000"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="pt" xlink:label="label_ifrs_13_role-823000">[823000] Notas — Mensuração pelo justo valor</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ifrs_13_role-823000" xlink:to="label_ifrs_13_role-823000"/>
    <link:loc xlink:type="locator" xlink:href="esef_ifrs_18.xsd#ifrs_14_role-824500" xlink:label="ifrs_14_role-824500"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="pt" xlink:label="label_ifrs_14_role-824500">[824500] Notas — Diferimentos regulamentares</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ifrs_14_role-824500" xlink:to="label_ifrs_14_role-824500"/>
    <link:loc xlink:type="locator" xlink:href="esef_ifrs_18.xsd#ifrs_15_role-831150" xlink:label="ifrs_15_role-831150"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="pt" xlink:label="label_ifrs_15_role-831150">[831150] Notas — Rédito de contratos com clientes</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ifrs_15_role-831150" xlink:to="label_ifrs_15_role-831150"/>
    <link:loc xlink:type="locator" xlink:href="esef_ifrs_18.xsd#ifrs_16_role-832610" xlink:label="ifrs_16_role-832610"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="pt" xlink:label="label_ifrs_16_role-832610">[832610] Notas — Locações</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ifrs_16_role-832610" xlink:to="label_ifrs_16_role-832610"/>
    <link:loc xlink:type="locator" xlink:href="esef_ifrs_18.xsd#ifrs_17_role-836600" xlink:label="ifrs_17_role-836600"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="pt" xlink:label="label_ifrs_17_role-836600">[836600] Notas — Contratos de seguro (IFRS 17)</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ifrs_17_role-836600" xlink:to="label_ifrs_17_role-836600"/>
    <link:loc xlink:type="locator" xlink:href="esef_ifrs_18.xsd#ifrs_2_role-834120" xlink:label="ifrs_2_role-834120"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="pt" xlink:label="label_ifrs_2_role-834120">[834120] Notas — Acordos de pagamento com base em ações</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ifrs_2_role-834120" xlink:to="label_ifrs_2_role-834120"/>
    <link:loc xlink:type="locator" xlink:href="esef_ifrs_18.xsd#ifrs_3_role-817000" xlink:label="ifrs_3_role-817000"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="pt" xlink:label="label_ifrs_3_role-817000">[817000] Notas — Concentrações de atividades empresariais</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ifrs_3_role-817000" xlink:to="label_ifrs_3_role-817000"/>
    <link:loc xlink:type="locator" xlink:href="esef_ifrs_18.xsd#ifrs_4_role-836500" xlink:label="ifrs_4_role-836500"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="pt" xlink:label="label_ifrs_4_role-836500">[836500] Notas — Contratos de seguro</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ifrs_4_role-836500" xlink:to="label_ifrs_4_role-836500"/>
    <link:loc xlink:type="locator" xlink:href="esef_ifrs_18.xsd#ifrs_5_role-825900" xlink:label="ifrs_5_role-825900"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="pt" xlink:label="label_ifrs_5_role-825900">[825900] Notas — Ativos não correntes detidos para venda e unidades operacionais descontinuadas</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ifrs_5_role-825900" xlink:to="label_ifrs_5_role-825900"/>
    <link:loc xlink:type="locator" xlink:href="esef_ifrs_18.xsd#ifrs_6_role-822200" xlink:label="ifrs_6_role-822200"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="pt" xlink:label="label_ifrs_6_role-822200">[822200] Notas — Exploração e avaliação de recursos minerais</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ifrs_6_role-822200" xlink:to="label_ifrs_6_role-822200"/>
    <link:loc xlink:type="locator" xlink:href="esef_ifrs_18.xsd#ifrs_7_role-822390" xlink:label="ifrs_7_role-822390"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="pt" xlink:label="label_ifrs_7_role-822390">[822390] Notas — Instrumentos financeiros</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ifrs_7_role-822390" xlink:to="label_ifrs_7_role-822390"/>
    <link:loc xlink:type="locator" xlink:href="esef_ifrs_18.xsd#ifrs_8_role-871100" xlink:label="ifrs_8_role-871100"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="pt" xlink:label="label_ifrs_8_role-871100">[871100] Notas — Segmentos operacionais</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ifrs_8_role-871100" xlink:to="label_ifrs_8_role-871100"/>
    <link:loc xlink:type="locator" xlink:href="esef_ifrs_18.xsd#ifrs_axi_role" xlink:label="ifrs_axi_role"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="pt" xlink:label="label_ifrs_axi_role">Validações da agregação do eixo</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ifrs_axi_role" xlink:to="label_ifrs_axi_role"/>
    <link:loc xlink:type="locator" xlink:href="esef_ifrs_18.xsd#ifrs_axi_periodAdj_role" xlink:label="ifrs_axi_periodAdj_role"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="pt" xlink:label="label_ifrs_axi_periodAdj_role">Validações da agregação do eixo ajustadas por período</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ifrs_axi_periodAdj_role" xlink:to="label_ifrs_axi_periodAdj_role"/>
    <link:loc xlink:type="locator" xlink:href="esef_ifrs_18.xsd#ifrs_cro_role" xlink:label="ifrs_cro_role"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="pt" xlink:label="label_ifrs_cro_role">Validações do período cruzado</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ifrs_cro_role" xlink:to="label_ifrs_cro_role"/>
    <link:loc xlink:type="locator" xlink:href="esef_ifrs_18.xsd#ifrs_eps_role" xlink:label="ifrs_eps_role"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="pt" xlink:label="label_ifrs_eps_role">Validações dos lucros por ação</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ifrs_eps_role" xlink:to="label_ifrs_eps_role"/>
    <link:loc xlink:type="locator" xlink:href="esef_ifrs_18.xsd#ifrs-dim_role-901000" xlink:label="ifrs-dim_role-901000"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="pt" xlink:label="label_ifrs-dim_role-901000">[901000] Eixo — Aplicação retrospetiva e reexpressão retrospetiva</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ifrs-dim_role-901000" xlink:to="label_ifrs-dim_role-901000"/>
    <link:loc xlink:type="locator" xlink:href="esef_ifrs_18.xsd#ifrs-dim_role-901100" xlink:label="ifrs-dim_role-901100"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="pt" xlink:label="label_ifrs-dim_role-901100">[901100] Eixo — Afastamento do requisito da IFRS</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ifrs-dim_role-901100" xlink:to="label_ifrs-dim_role-901100"/>
    <link:loc xlink:type="locator" xlink:href="esef_ifrs_18.xsd#ifrs-dim_role-901500" xlink:label="ifrs-dim_role-901500"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="pt" xlink:label="label_ifrs-dim_role-901500">[901500] Eixo — Data de criação</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ifrs-dim_role-901500" xlink:to="label_ifrs-dim_role-901500"/>
    <link:loc xlink:type="locator" xlink:href="esef_ifrs_18.xsd#ifrs-dim_role-903000" xlink:label="ifrs-dim_role-903000"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="pt" xlink:label="label_ifrs-dim_role-903000">[903000] Eixo — Unidades operacionais descontinuadas e em continuação</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ifrs-dim_role-903000" xlink:to="label_ifrs-dim_role-903000"/>
    <link:loc xlink:type="locator" xlink:href="esef_ifrs_18.xsd#ifrs-dim_role-904000" xlink:label="ifrs-dim_role-904000"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="pt" xlink:label="label_ifrs-dim_role-904000">[904000] Eixo — Ativos e passivos classificados como detidos para venda</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ifrs-dim_role-904000" xlink:to="label_ifrs-dim_role-904000"/>
    <link:loc xlink:type="locator" xlink:href="esef_ifrs_18.xsd#ifrs-dim_role-913000" xlink:label="ifrs-dim_role-913000"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="pt" xlink:label="label_ifrs-dim_role-913000">[913000] Eixo — Demonstrações financeiras consolidadas e separadas</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ifrs-dim_role-913000" xlink:to="label_ifrs-dim_role-913000"/>
    <link:loc xlink:type="locator" xlink:href="esef_ifrs_18.xsd#ifrs-dim_role-914000" xlink:label="ifrs-dim_role-914000"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="pt" xlink:label="label_ifrs-dim_role-914000">[914000] Eixo — Moeda em que a informação é apresentada</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ifrs-dim_role-914000" xlink:to="label_ifrs-dim_role-914000"/>
    <link:loc xlink:type="locator" xlink:href="esef_ifrs_18.xsd#ifrs-dim_role-915000" xlink:label="ifrs-dim_role-915000"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="pt" xlink:label="label_ifrs-dim_role-915000">[915000] Eixo — Efeito cumulativo à data da aplicação inicial</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ifrs-dim_role-915000" xlink:to="label_ifrs-dim_role-915000"/>
    <link:loc xlink:type="locator" xlink:href="esef_ifrs_18.xsd#sic_29_role-832900" xlink:label="sic_29_role-832900"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="pt" xlink:label="label_sic_29_role-832900">[832900] Notas — Acordos de concessão de serviços</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="sic_29_role-832900" xlink:to="label_sic_29_role-832900"/>
    <link:loc xlink:type="locator" xlink:href="esef_ifrs_18.xsd#ifrs_18_role-810000d" xlink:label="ifrs_18_role-810000d"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="pt" xlink:label="label_ifrs_18_role-810000d">[810000d] Notas — Informação sobre a empresa - Divulgação de informação sobre passivos não correntes com convenções</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ifrs_18_role-810000d" xlink:to="label_ifrs_18_role-810000d"/>
    <link:loc xlink:type="locator" xlink:href="esef_ifrs_18.xsd#ifrs_18_role-810000b" xlink:label="ifrs_18_role-810000b"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="pt" xlink:label="label_ifrs_18_role-810000b">[810000b] Notas — Informação sobre a empresa - Divulgação das reclassificações ou alterações na apresentação</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ifrs_18_role-810000b" xlink:to="label_ifrs_18_role-810000b"/>
    <link:loc xlink:type="locator" xlink:href="esef_ifrs_18.xsd#ifrs_18_role-810000a" xlink:label="ifrs_18_role-810000a"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="pt" xlink:label="label_ifrs_18_role-810000a">[810000a] Notas — Informação sobre a empresa - Divulgação das quantias a serem recuperadas ou liquidadas após doze meses para classes de ativos e passivos com quantias a serem recuperadas ou liquidadas num prazo inferior ou superior a doze meses após a data de relato</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ifrs_18_role-810000a" xlink:to="label_ifrs_18_role-810000a"/>
    <link:loc xlink:type="locator" xlink:href="esef_ifrs_18.xsd#ifrs_18_role-861200b" xlink:label="ifrs_18_role-861200b"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="pt" xlink:label="label_ifrs_18_role-861200b">[861200b] Notas — Capital social, reservas e outro interesse de capital próprio - Divulgação das reservas do capital próprio</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ifrs_18_role-861200b" xlink:to="label_ifrs_18_role-861200b"/>
    <link:loc xlink:type="locator" xlink:href="esef_ifrs_18.xsd#ifrs_18_role-861200a" xlink:label="ifrs_18_role-861200a"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="pt" xlink:label="label_ifrs_18_role-861200a">[861200a] Notas — Capital social, reservas e outro interesse de capital próprio - Divulgação das classes de capital social</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ifrs_18_role-861200a" xlink:to="label_ifrs_18_role-861200a"/>
    <link:loc xlink:type="locator" xlink:href="esef_ifrs_18.xsd#ias_16_role-822100a" xlink:label="ias_16_role-822100a"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="pt" xlink:label="label_ias_16_role-822100a">[822100a] Notas — Ativos fixos tangíveis - Divulgação da conciliação das alterações nos ativos fixos tangíveis incluindo ativos sob direito de uso</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ias_16_role-822100a" xlink:to="label_ias_16_role-822100a"/>
    <link:loc xlink:type="locator" xlink:href="esef_ifrs_18.xsd#ias_19_role-834480d" xlink:label="ias_19_role-834480d"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="pt" xlink:label="label_ias_19_role-834480d">[834480d] Notas — Benefícios dos empregados - Divulgação da análise de sensibilidade para pressupostos atuariais</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ias_19_role-834480d" xlink:to="label_ias_19_role-834480d"/>
    <link:loc xlink:type="locator" xlink:href="esef_ifrs_18.xsd#ias_19_role-834480c" xlink:label="ias_19_role-834480c"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="pt" xlink:label="label_ias_19_role-834480c">[834480c] Notas — Benefícios dos empregados - Divulgação do justo valor dos ativos do plano</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ias_19_role-834480c" xlink:to="label_ias_19_role-834480c"/>
    <link:loc xlink:type="locator" xlink:href="esef_ifrs_18.xsd#ias_19_role-834480b" xlink:label="ias_19_role-834480b"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="pt" xlink:label="label_ias_19_role-834480b">[834480b] Notas — Benefícios dos empregados - Divulgação dos direitos de reembolso</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ias_19_role-834480b" xlink:to="label_ias_19_role-834480b"/>
    <link:loc xlink:type="locator" xlink:href="esef_ifrs_18.xsd#ias_19_role-834480a" xlink:label="ias_19_role-834480a"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="pt" xlink:label="label_ias_19_role-834480a">[834480a] Notas — Benefícios dos empregados - Divulgação do passivo (ativo) líquido por benefícios definidos</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ias_19_role-834480a" xlink:to="label_ias_19_role-834480a"/>
    <link:loc xlink:type="locator" xlink:href="esef_ifrs_18.xsd#ias_21_role-842000c" xlink:label="ias_21_role-842000c"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="pt" xlink:label="label_ias_21_role-842000c">[842000c] Notas — Efeitos das alterações nas taxas de câmbio - Divulgação da informação financeira resumida acerca da unidade operacional estrangeira</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ias_21_role-842000c" xlink:to="label_ias_21_role-842000c"/>
    <link:loc xlink:type="locator" xlink:href="esef_ifrs_18.xsd#ias_21_role-842000b" xlink:label="ias_21_role-842000b"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="pt" xlink:label="label_ias_21_role-842000b">[842000b] Notas — Efeitos das alterações nas taxas de câmbio - Divulgação dos riscos a que a entidade é exposta quando a moeda não é convertível</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ias_21_role-842000b" xlink:to="label_ias_21_role-842000b"/>
    <link:loc xlink:type="locator" xlink:href="esef_ifrs_18.xsd#ias_21_role-842000a" xlink:label="ias_21_role-842000a"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="pt" xlink:label="label_ias_21_role-842000a">[842000a] Notas — Efeitos das alterações nas taxas de câmbio - Divulgação dos ativos e passivos afetados pelo facto de uma moeda não ser convertível</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ias_21_role-842000a" xlink:to="label_ias_21_role-842000a"/>
    <link:loc xlink:type="locator" xlink:href="esef_ifrs_18.xsd#ias_24_role-818000a" xlink:label="ias_24_role-818000a"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="pt" xlink:label="label_ias_24_role-818000a">[818000a] Notas — Parte relacionada - Divulgação das quantias incorridas pela entidade para a prestação de serviços de pessoal-chave da gerência prestados por entidades de gestão separada</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ias_24_role-818000a" xlink:to="label_ias_24_role-818000a"/>
    <link:loc xlink:type="locator" xlink:href="esef_ifrs_18.xsd#ias_27_role-825480c" xlink:label="ias_27_role-825480c"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="pt" xlink:label="label_ias_27_role-825480c">[825480c] Notas — Demonstrações financeiras separadas - Divulgação das associadas</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ias_27_role-825480c" xlink:to="label_ias_27_role-825480c"/>
    <link:loc xlink:type="locator" xlink:href="esef_ifrs_18.xsd#ias_27_role-825480a" xlink:label="ias_27_role-825480a"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="pt" xlink:label="label_ias_27_role-825480a">[825480a] Notas — Demonstrações financeiras separadas - Divulgação das filiais</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ias_27_role-825480a" xlink:to="label_ias_27_role-825480a"/>
    <link:loc xlink:type="locator" xlink:href="esef_ifrs_18.xsd#ias_33_role-838000b" xlink:label="ias_33_role-838000b"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="pt" xlink:label="label_ias_33_role-838000b">[838000b] Notas — Lucros por ação - Divulgação dos instrumentos com potencial efeito diluidor futuro não incluídos no cálculo dos lucros diluídos por ação</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ias_33_role-838000b" xlink:to="label_ias_33_role-838000b"/>
    <link:loc xlink:type="locator" xlink:href="esef_ifrs_18.xsd#ias_33_role-838000a" xlink:label="ias_33_role-838000a"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="pt" xlink:label="label_ias_33_role-838000a">[838000a] Notas — Lucros por ação - Divulgação dos certificados de depósito</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ias_33_role-838000a" xlink:to="label_ias_33_role-838000a"/>
    <link:loc xlink:type="locator" xlink:href="esef_ifrs_18.xsd#ias_36_role-832410d" xlink:label="ias_36_role-832410d"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="pt" xlink:label="label_ias_36_role-832410d">[832410d] Notas — Imparidade dos ativos - Divulgação da perda por imparidade reconhecida ou revertida para uma unidade geradora de caixa</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ias_36_role-832410d" xlink:to="label_ias_36_role-832410d"/>
    <link:loc xlink:type="locator" xlink:href="esef_ifrs_18.xsd#ias_36_role-832410c" xlink:label="ias_36_role-832410c"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="pt" xlink:label="label_ias_36_role-832410c">[832410c] Notas — Imparidade dos ativos - Divulgação da informação das unidades geradoras de caixa</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ias_36_role-832410c" xlink:to="label_ias_36_role-832410c"/>
    <link:loc xlink:type="locator" xlink:href="esef_ifrs_18.xsd#ias_36_role-832410b" xlink:label="ias_36_role-832410b"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="pt" xlink:label="label_ias_36_role-832410b">[832410b] Notas — Imparidade dos ativos - Divulgação da informação da perda por imparidade reconhecida ou revertida para um ativo individual ou unidade geradora de caixa</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ias_36_role-832410b" xlink:to="label_ias_36_role-832410b"/>
    <link:loc xlink:type="locator" xlink:href="esef_ifrs_18.xsd#ias_36_role-832410a" xlink:label="ias_36_role-832410a"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="pt" xlink:label="label_ias_36_role-832410a">[832410a] Notas — Imparidade dos ativos - Divulgação da perda por imparidade e reversão de perdas por imparidade</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ias_36_role-832410a" xlink:to="label_ias_36_role-832410a"/>
    <link:loc xlink:type="locator" xlink:href="esef_ifrs_18.xsd#ias_37_role-827570b" xlink:label="ias_37_role-827570b"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="pt" xlink:label="label_ias_37_role-827570b">[827570b] Notas — Outras provisões, passivos contingentes e ativos contingentes - Divulgação dos passivos contingentes</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ias_37_role-827570b" xlink:to="label_ias_37_role-827570b"/>
    <link:loc xlink:type="locator" xlink:href="esef_ifrs_18.xsd#ias_37_role-827570a" xlink:label="ias_37_role-827570a"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="pt" xlink:label="label_ias_37_role-827570a">[827570a] Notas — Outras provisões, passivos contingentes e ativos contingentes - Divulgação de outras provisões</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ias_37_role-827570a" xlink:to="label_ias_37_role-827570a"/>
    <link:loc xlink:type="locator" xlink:href="esef_ifrs_18.xsd#ias_38_role-823180c" xlink:label="ias_38_role-823180c"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="pt" xlink:label="label_ias_38_role-823180c">[823180c] Notas — Ativos intangíveis - Divulgação dos ativos intangíveis materiais para a entidade</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ias_38_role-823180c" xlink:to="label_ias_38_role-823180c"/>
    <link:loc xlink:type="locator" xlink:href="esef_ifrs_18.xsd#ias_38_role-823180b" xlink:label="ias_38_role-823180b"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="pt" xlink:label="label_ias_38_role-823180b">[823180b] Notas — Ativos intangíveis - Divulgação dos ativos intangíveis com duração indefinida</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ias_38_role-823180b" xlink:to="label_ias_38_role-823180b"/>
    <link:loc xlink:type="locator" xlink:href="esef_ifrs_18.xsd#ias_38_role-823180a" xlink:label="ias_38_role-823180a"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="pt" xlink:label="label_ias_38_role-823180a">[823180a] Notas — Ativos intangíveis - Divulgação da conciliação de alterações nos ativos intangíveis e goodwill</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ias_38_role-823180a" xlink:to="label_ias_38_role-823180a"/>
    <link:loc xlink:type="locator" xlink:href="esef_ifrs_18.xsd#ias_41_role-824180b" xlink:label="ias_41_role-824180b"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="pt" xlink:label="label_ias_41_role-824180b">[824180b] Notas — Agricultura - Divulgação da informação acerca dos produtos agrícolas</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ias_41_role-824180b" xlink:to="label_ias_41_role-824180b"/>
    <link:loc xlink:type="locator" xlink:href="esef_ifrs_18.xsd#ias_41_role-824180a" xlink:label="ias_41_role-824180a"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="pt" xlink:label="label_ias_41_role-824180a">[824180a] Notas — Agricultura - Divulgação da informação pormenorizada acerca dos ativos biológicos</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ias_41_role-824180a" xlink:to="label_ias_41_role-824180a"/>
    <link:loc xlink:type="locator" xlink:href="esef_ifrs_18.xsd#ias_7_role-851100b" xlink:label="ias_7_role-851100b"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="pt" xlink:label="label_ias_7_role-851100b">[851100b] Notas — Demonstração dos fluxos de caixa - Divulgação do intervalo de datas de vencimento de pagamento dos passivos financeiros que fazem parte de acordos de financiamento de fornecedores</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ias_7_role-851100b" xlink:to="label_ias_7_role-851100b"/>
    <link:loc xlink:type="locator" xlink:href="esef_ifrs_18.xsd#ias_7_role-851100a" xlink:label="ias_7_role-851100a"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="pt" xlink:label="label_ias_7_role-851100a">[851100a] Notas — Demonstração dos fluxos de caixa - Divulgação dos passivos financeiros que fazem parte de acordos de financiamento de fornecedores</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ias_7_role-851100a" xlink:to="label_ias_7_role-851100a"/>
    <link:loc xlink:type="locator" xlink:href="esef_ifrs_18.xsd#ias_8_role-811000c" xlink:label="ias_8_role-811000c"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="pt" xlink:label="label_ias_8_role-811000c">[811000c] Notas — Divulgação da base de elaboração das demonstrações financeiras e declaração de conformidade com as IFRS - Divulgação das alterações nas estimativas contabilísticas</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ias_8_role-811000c" xlink:to="label_ias_8_role-811000c"/>
    <link:loc xlink:type="locator" xlink:href="esef_ifrs_18.xsd#ias_8_role-811000b" xlink:label="ias_8_role-811000b"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="pt" xlink:label="label_ias_8_role-811000b">[811000b] Notas — Divulgação da base de elaboração das demonstrações financeiras e declaração de conformidade com as IFRS - Divulgação da alteração voluntária na política contabilística</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ias_8_role-811000b" xlink:to="label_ias_8_role-811000b"/>
    <link:loc xlink:type="locator" xlink:href="esef_ifrs_18.xsd#ias_8_role-811000a" xlink:label="ias_8_role-811000a"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="pt" xlink:label="label_ias_8_role-811000a">[811000a] Notas — Divulgação da base de elaboração das demonstrações financeiras e declaração de conformidade com as IFRS - Divulgação da aplicação inicial de normas ou interpretações</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ias_8_role-811000a" xlink:to="label_ias_8_role-811000a"/>
    <link:loc xlink:type="locator" xlink:href="esef_ifrs_18.xsd#ifrs_1_role-819100c" xlink:label="ifrs_1_role-819100c"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="pt" xlink:label="label_ifrs_1_role-819100c">[819100c] Notas — Adoção pela primeira vez - Divulgação dos justos valores dos itens utilizados como custo considerado</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ifrs_1_role-819100c" xlink:to="label_ifrs_1_role-819100c"/>
    <link:loc xlink:type="locator" xlink:href="esef_ifrs_18.xsd#ifrs_1_role-819100b" xlink:label="ifrs_1_role-819100b"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="pt" xlink:label="label_ifrs_1_role-819100b">[819100b] Notas — Adoção pela primeira vez - Divulgação dos ativos e passivos financeiros redesignados</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ifrs_1_role-819100b" xlink:to="label_ifrs_1_role-819100b"/>
    <link:loc xlink:type="locator" xlink:href="esef_ifrs_18.xsd#ifrs_1_role-819100a" xlink:label="ifrs_1_role-819100a"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="pt" xlink:label="label_ifrs_1_role-819100a">[819100a] Notas — Adoção pela primeira vez - Divulgação da informação comparativa elaborada ao abrigo dos PCGA anteriores</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ifrs_1_role-819100a" xlink:to="label_ifrs_1_role-819100a"/>
    <link:loc xlink:type="locator" xlink:href="esef_ifrs_18.xsd#ifrs_12_role-825700g" xlink:label="ifrs_12_role-825700g"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="pt" xlink:label="label_ifrs_12_role-825700g">[825700g] Notas — Interesses noutras entidades - Divulgação da informação acerca das entidades estruturadas não consolidadas controladas pela entidade de investimento</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ifrs_12_role-825700g" xlink:to="label_ifrs_12_role-825700g"/>
    <link:loc xlink:type="locator" xlink:href="esef_ifrs_18.xsd#ifrs_12_role-825700f" xlink:label="ifrs_12_role-825700f"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="pt" xlink:label="label_ifrs_12_role-825700f">[825700f] Notas — Interesses noutras entidades - Divulgação da informação acerca das filiais não consolidadas</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ifrs_12_role-825700f" xlink:to="label_ifrs_12_role-825700f"/>
    <link:loc xlink:type="locator" xlink:href="esef_ifrs_18.xsd#ifrs_12_role-825700e" xlink:label="ifrs_12_role-825700e"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="pt" xlink:label="label_ifrs_12_role-825700e">[825700e] Notas — Interesses noutras entidades - Divulgação das entidades estruturadas não consolidadas</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ifrs_12_role-825700e" xlink:to="label_ifrs_12_role-825700e"/>
    <link:loc xlink:type="locator" xlink:href="esef_ifrs_18.xsd#ifrs_12_role-825700d" xlink:label="ifrs_12_role-825700d"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="pt" xlink:label="label_ifrs_12_role-825700d">[825700d] Notas — Interesses noutras entidades - Divulgação dos empreendimentos conjuntos</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ifrs_12_role-825700d" xlink:to="label_ifrs_12_role-825700d"/>
    <link:loc xlink:type="locator" xlink:href="esef_ifrs_18.xsd#ifrs_12_role-825700c" xlink:label="ifrs_12_role-825700c"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="pt" xlink:label="label_ifrs_12_role-825700c">[825700c] Notas — Interesses noutras entidades - Divulgação das unidades operacionais conjuntas</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ifrs_12_role-825700c" xlink:to="label_ifrs_12_role-825700c"/>
    <link:loc xlink:type="locator" xlink:href="esef_ifrs_18.xsd#ifrs_12_role-825700b" xlink:label="ifrs_12_role-825700b"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="pt" xlink:label="label_ifrs_12_role-825700b">[825700b] Notas — Interesses noutras entidades - Divulgação das associadas</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ifrs_12_role-825700b" xlink:to="label_ifrs_12_role-825700b"/>
    <link:loc xlink:type="locator" xlink:href="esef_ifrs_18.xsd#ifrs_12_role-825700a" xlink:label="ifrs_12_role-825700a"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="pt" xlink:label="label_ifrs_12_role-825700a">[825700a] Notas — Interesses noutras entidades - Divulgação da informação acerca das entidades estruturadas consolidadas</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ifrs_12_role-825700a" xlink:to="label_ifrs_12_role-825700a"/>
    <link:loc xlink:type="locator" xlink:href="esef_ifrs_18.xsd#ifrs_13_role-823000i" xlink:label="ifrs_13_role-823000i"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="pt" xlink:label="label_ifrs_13_role-823000i">[823000i] Notas — Mensuração pelo justo valor - Divulgação da análise de sensibilidade da mensuração pelo justo valor para alterações nos dados não observáveis, instrumentos de capital próprio da entidade</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ifrs_13_role-823000i" xlink:to="label_ifrs_13_role-823000i"/>
    <link:loc xlink:type="locator" xlink:href="esef_ifrs_18.xsd#ifrs_13_role-823000h" xlink:label="ifrs_13_role-823000h"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="pt" xlink:label="label_ifrs_13_role-823000h">[823000h] Notas — Mensuração pelo justo valor - Divulgação da análise de sensibilidade da mensuração pelo justo valor para alterações nos dados não observáveis, passivos</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ifrs_13_role-823000h" xlink:to="label_ifrs_13_role-823000h"/>
    <link:loc xlink:type="locator" xlink:href="esef_ifrs_18.xsd#ifrs_13_role-823000g" xlink:label="ifrs_13_role-823000g"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="pt" xlink:label="label_ifrs_13_role-823000g">[823000g] Notas — Mensuração pelo justo valor - Divulgação da análise de sensibilidade da mensuração pelo justo valor para alterações nos dados não observáveis, ativos</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ifrs_13_role-823000g" xlink:to="label_ifrs_13_role-823000g"/>
    <link:loc xlink:type="locator" xlink:href="esef_ifrs_18.xsd#ifrs_13_role-823000f" xlink:label="ifrs_13_role-823000f"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="pt" xlink:label="label_ifrs_13_role-823000f">[823000f] Notas — Mensuração pelo justo valor - Divulgação dos passivos mensurados pelo justo valor e emitidos com uma melhoria da qualidade de crédito de terceiro indissociável</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ifrs_13_role-823000f" xlink:to="label_ifrs_13_role-823000f"/>
    <link:loc xlink:type="locator" xlink:href="esef_ifrs_18.xsd#ifrs_13_role-823000e" xlink:label="ifrs_13_role-823000e"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="pt" xlink:label="label_ifrs_13_role-823000e">[823000e] Notas — Mensuração pelo justo valor - Divulgação dos dados não observáveis significativos utilizados na mensuração pelo justo valor do capital próprio</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ifrs_13_role-823000e" xlink:to="label_ifrs_13_role-823000e"/>
    <link:loc xlink:type="locator" xlink:href="esef_ifrs_18.xsd#ifrs_13_role-823000d" xlink:label="ifrs_13_role-823000d"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="pt" xlink:label="label_ifrs_13_role-823000d">[823000d] Notas — Mensuração pelo justo valor - Divulgação dos dados não observáveis significativos utilizados na mensuração pelo justo valor dos passivos</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ifrs_13_role-823000d" xlink:to="label_ifrs_13_role-823000d"/>
    <link:loc xlink:type="locator" xlink:href="esef_ifrs_18.xsd#ifrs_13_role-823000c" xlink:label="ifrs_13_role-823000c"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="pt" xlink:label="label_ifrs_13_role-823000c">[823000c] Notas — Mensuração pelo justo valor - Divulgação dos dados não observáveis significativos utilizados na mensuração pelo justo valor dos ativos</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ifrs_13_role-823000c" xlink:to="label_ifrs_13_role-823000c"/>
    <link:loc xlink:type="locator" xlink:href="esef_ifrs_18.xsd#ifrs_13_role-823000b" xlink:label="ifrs_13_role-823000b"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="pt" xlink:label="label_ifrs_13_role-823000b">[823000b] Notas — Mensuração pelo justo valor - Divulgação da mensuração pelo justo valor do capital próprio</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ifrs_13_role-823000b" xlink:to="label_ifrs_13_role-823000b"/>
    <link:loc xlink:type="locator" xlink:href="esef_ifrs_18.xsd#ifrs_13_role-823000a" xlink:label="ifrs_13_role-823000a"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="pt" xlink:label="label_ifrs_13_role-823000a">[823000a] Notas — Mensuração pelo justo valor - Divulgação da mensuração pelo justo valor dos passivos</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ifrs_13_role-823000a" xlink:to="label_ifrs_13_role-823000a"/>
    <link:loc xlink:type="locator" xlink:href="esef_ifrs_18.xsd#ifrs_14_role-824500a" xlink:label="ifrs_14_role-824500a"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="pt" xlink:label="label_ifrs_14_role-824500a">[824500a] Notas — Diferimentos regulamentares - Divulgação da informação acerca das quantias reconhecidas em relação aos saldos dos diferimentos regulamentares</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ifrs_14_role-824500a" xlink:to="label_ifrs_14_role-824500a"/>
    <link:loc xlink:type="locator" xlink:href="esef_ifrs_18.xsd#ifrs_15_role-831150c" xlink:label="ifrs_15_role-831150c"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="pt" xlink:label="label_ifrs_15_role-831150c">[831150c] Notas — Rédito de contratos com clientes - Divulgação dos ativos reconhecidos decorrentes dos custos incorridos para obtenção ou cumprimento de contratos com clientes</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ifrs_15_role-831150c" xlink:to="label_ifrs_15_role-831150c"/>
    <link:loc xlink:type="locator" xlink:href="esef_ifrs_18.xsd#ifrs_15_role-831150b" xlink:label="ifrs_15_role-831150b"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="pt" xlink:label="label_ifrs_15_role-831150b">[831150b] Notas — Rédito de contratos com clientes - Divulgação do preço de transação atribuído às obrigações de desempenho remanescentes</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ifrs_15_role-831150b" xlink:to="label_ifrs_15_role-831150b"/>
    <link:loc xlink:type="locator" xlink:href="esef_ifrs_18.xsd#ifrs_15_role-831150a" xlink:label="ifrs_15_role-831150a"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="pt" xlink:label="label_ifrs_15_role-831150a">[831150a] Notas — Rédito de contratos com clientes - Divulgação das obrigações de desempenho</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ifrs_15_role-831150a" xlink:to="label_ifrs_15_role-831150a"/>
    <link:loc xlink:type="locator" xlink:href="esef_ifrs_18.xsd#ifrs_16_role-832610c" xlink:label="ifrs_16_role-832610c"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="pt" xlink:label="label_ifrs_16_role-832610c">[832610c] Notas — Locações - Divulgação da análise do vencimento de pagamentos de locação operacional</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ifrs_16_role-832610c" xlink:to="label_ifrs_16_role-832610c"/>
    <link:loc xlink:type="locator" xlink:href="esef_ifrs_18.xsd#ifrs_16_role-832610b" xlink:label="ifrs_16_role-832610b"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="pt" xlink:label="label_ifrs_16_role-832610b">[832610b] Notas — Locações - Divulgação da análise do vencimento de pagamentos de locação financeira a receber</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ifrs_16_role-832610b" xlink:to="label_ifrs_16_role-832610b"/>
    <link:loc xlink:type="locator" xlink:href="esef_ifrs_18.xsd#ifrs_16_role-832610a" xlink:label="ifrs_16_role-832610a"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="pt" xlink:label="label_ifrs_16_role-832610a">[832610a] Notas — Locações - Divulgação da informação quantitativa acerca dos ativos sob direito de uso</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ifrs_16_role-832610a" xlink:to="label_ifrs_16_role-832610a"/>
    <link:loc xlink:type="locator" xlink:href="esef_ifrs_18.xsd#ifrs_17_role-836600o" xlink:label="ifrs_17_role-836600o"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="pt" xlink:label="label_ifrs_17_role-836600o">[836600o] Notas — Contratos de seguro (IFRS 17) - Divulgação da informação relativa ao desreconhecimento previsto de ativos ligados a fluxos de caixa de aquisição de seguros</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ifrs_17_role-836600o" xlink:to="label_ifrs_17_role-836600o"/>
    <link:loc xlink:type="locator" xlink:href="esef_ifrs_18.xsd#ifrs_17_role-836600n" xlink:label="ifrs_17_role-836600n"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="pt" xlink:label="label_ifrs_17_role-836600n">[836600n] Notas — Contratos de seguro (IFRS 17) - Divulgação da redesignação dos ativos financeiros à data da aplicação inicial da IFRS 17</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ifrs_17_role-836600n" xlink:to="label_ifrs_17_role-836600n"/>
    <link:loc xlink:type="locator" xlink:href="esef_ifrs_18.xsd#ifrs_17_role-836600m" xlink:label="ifrs_17_role-836600m"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="pt" xlink:label="label_ifrs_17_role-836600m">[836600m] Notas — Contratos de seguro (IFRS 17) - Divulgação da análise dos prazos de vencimento para o risco de liquidez decorrente de contratos abrangidos pela IFRS 17</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ifrs_17_role-836600m" xlink:to="label_ifrs_17_role-836600m"/>
    <link:loc xlink:type="locator" xlink:href="esef_ifrs_18.xsd#ifrs_17_role-836600l" xlink:label="ifrs_17_role-836600l"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="pt" xlink:label="label_ifrs_17_role-836600l">[836600l] Notas — Contratos de seguro (IFRS 17) - Divulgação da informação acerca do risco de crédito decorrente de contratos abrangidos pela IFRS 17</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ifrs_17_role-836600l" xlink:to="label_ifrs_17_role-836600l"/>
    <link:loc xlink:type="locator" xlink:href="esef_ifrs_18.xsd#ifrs_17_role-836600k" xlink:label="ifrs_17_role-836600k"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="pt" xlink:label="label_ifrs_17_role-836600k">[836600k] Notas — Contratos de seguro (IFRS 17) - Divulgação dos sinistros efetivos em comparação com estimativas anteriores</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ifrs_17_role-836600k" xlink:to="label_ifrs_17_role-836600k"/>
    <link:loc xlink:type="locator" xlink:href="esef_ifrs_18.xsd#ifrs_17_role-836600j" xlink:label="ifrs_17_role-836600j"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="pt" xlink:label="label_ifrs_17_role-836600j">[836600j] Notas — Contratos de seguro (IFRS 17) - Divulgação da análise de sensibilidade às alterações nas variáveis de risco decorrentes de contratos abrangidos pela IFRS 17</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ifrs_17_role-836600j" xlink:to="label_ifrs_17_role-836600j"/>
    <link:loc xlink:type="locator" xlink:href="esef_ifrs_18.xsd#ifrs_17_role-836600i" xlink:label="ifrs_17_role-836600i"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="pt" xlink:label="label_ifrs_17_role-836600i">[836600i] Notas — Contratos de seguro (IFRS 17) - Divulgação da informação pormenorizada acerca das concentrações de risco decorrentes de contratos abrangidos pela IFRS 17</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ifrs_17_role-836600i" xlink:to="label_ifrs_17_role-836600i"/>
    <link:loc xlink:type="locator" xlink:href="esef_ifrs_18.xsd#ifrs_17_role-836600h" xlink:label="ifrs_17_role-836600h"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="pt" xlink:label="label_ifrs_17_role-836600h">[836600h] Notas — Contratos de seguro (IFRS 17) - Divulgação da natureza e extensão dos riscos decorrentes de contratos abrangidos pela IFRS 17</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ifrs_17_role-836600h" xlink:to="label_ifrs_17_role-836600h"/>
    <link:loc xlink:type="locator" xlink:href="esef_ifrs_18.xsd#ifrs_17_role-836600g" xlink:label="ifrs_17_role-836600g"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="pt" xlink:label="label_ifrs_17_role-836600g">[836600g] Notas — Contratos de seguro (IFRS 17) - Divulgação da curva de rendimentos utilizada para descontar os fluxos de caixa que não variam com base nos retornos dos elementos subjacentes</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ifrs_17_role-836600g" xlink:to="label_ifrs_17_role-836600g"/>
    <link:loc xlink:type="locator" xlink:href="esef_ifrs_18.xsd#ifrs_17_role-836600f" xlink:label="ifrs_17_role-836600f"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="pt" xlink:label="label_ifrs_17_role-836600f">[836600f] Notas — Contratos de seguro (IFRS 17) - Divulgação dos dados dos métodos utilizados para mensurar contratos no âmbito da IFRS 17</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ifrs_17_role-836600f" xlink:to="label_ifrs_17_role-836600f"/>
    <link:loc xlink:type="locator" xlink:href="esef_ifrs_18.xsd#ifrs_17_role-836600e" xlink:label="ifrs_17_role-836600e"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="pt" xlink:label="label_ifrs_17_role-836600e">[836600e] Notas — Contratos de seguro (IFRS 17) - Divulgação dos ajustamentos efetuados quando a entidade alterou a base de desagregação das receitas (despesas) financeiras de seguros entre resultados e outro rendimento integral em contratos com características de participação direta</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ifrs_17_role-836600e" xlink:to="label_ifrs_17_role-836600e"/>
    <link:loc xlink:type="locator" xlink:href="esef_ifrs_18.xsd#ifrs_17_role-836600d" xlink:label="ifrs_17_role-836600d"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="pt" xlink:label="label_ifrs_17_role-836600d">[836600d] Notas — Contratos de seguro (IFRS 17) - Divulgação da informação acerca do reconhecimento esperado da margem de serviço contratual nos resultados</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ifrs_17_role-836600d" xlink:to="label_ifrs_17_role-836600d"/>
    <link:loc xlink:type="locator" xlink:href="esef_ifrs_18.xsd#ifrs_17_role-836600c" xlink:label="ifrs_17_role-836600c"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="pt" xlink:label="label_ifrs_17_role-836600c">[836600c] Notas — Contratos de seguro (IFRS 17) - Divulgação do efeito dos contratos de seguro reconhecidos inicialmente</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ifrs_17_role-836600c" xlink:to="label_ifrs_17_role-836600c"/>
    <link:loc xlink:type="locator" xlink:href="esef_ifrs_18.xsd#ifrs_17_role-836600b" xlink:label="ifrs_17_role-836600b"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="pt" xlink:label="label_ifrs_17_role-836600b">[836600b] Notas — Contratos de seguro (IFRS 17) - Divulgação da análise dos rendimentos de seguros</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ifrs_17_role-836600b" xlink:to="label_ifrs_17_role-836600b"/>
    <link:loc xlink:type="locator" xlink:href="esef_ifrs_18.xsd#ifrs_17_role-836600a" xlink:label="ifrs_17_role-836600a"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="pt" xlink:label="label_ifrs_17_role-836600a">[836600a] Notas — Contratos de seguro (IFRS 17) - Divulgação da conciliação de alterações nos contratos de seguro por componentes</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ifrs_17_role-836600a" xlink:to="label_ifrs_17_role-836600a"/>
    <link:loc xlink:type="locator" xlink:href="esef_ifrs_18.xsd#ifrs_2_role-834120c" xlink:label="ifrs_2_role-834120c"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="pt" xlink:label="label_ifrs_2_role-834120c">[834120c] Notas — Acordos de pagamento com base em ações - Divulgação do intervalo de preços de exercício das opções sobre ações em circulação</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ifrs_2_role-834120c" xlink:to="label_ifrs_2_role-834120c"/>
    <link:loc xlink:type="locator" xlink:href="esef_ifrs_18.xsd#ifrs_2_role-834120b" xlink:label="ifrs_2_role-834120b"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="pt" xlink:label="label_ifrs_2_role-834120b">[834120b] Notas — Acordos de pagamento com base em ações - Divulgação do número e vida contratual remanescente média ponderada das opções sobre ações em circulação</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ifrs_2_role-834120b" xlink:to="label_ifrs_2_role-834120b"/>
    <link:loc xlink:type="locator" xlink:href="esef_ifrs_18.xsd#ifrs_2_role-834120a" xlink:label="ifrs_2_role-834120a"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="pt" xlink:label="label_ifrs_2_role-834120a">[834120a] Notas — Acordos de pagamento com base em ações - Divulgação dos termos e condições do acordo de pagamento com base em ações</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ifrs_2_role-834120a" xlink:to="label_ifrs_2_role-834120a"/>
    <link:loc xlink:type="locator" xlink:href="esef_ifrs_18.xsd#ifrs_3_role-817000d" xlink:label="ifrs_3_role-817000d"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="pt" xlink:label="label_ifrs_3_role-817000d">[817000d] Notas — Concentrações de atividades empresariais - Divulgação da conciliação de alterações no goodwill</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ifrs_3_role-817000d" xlink:to="label_ifrs_3_role-817000d"/>
    <link:loc xlink:type="locator" xlink:href="esef_ifrs_18.xsd#ifrs_3_role-817000c" xlink:label="ifrs_3_role-817000c"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="pt" xlink:label="label_ifrs_3_role-817000c">[817000c] Notas — Concentrações de atividades empresariais - Divulgação dos passivos contingentes numa concentração de atividades empresariais</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ifrs_3_role-817000c" xlink:to="label_ifrs_3_role-817000c"/>
    <link:loc xlink:type="locator" xlink:href="esef_ifrs_18.xsd#ifrs_3_role-817000b" xlink:label="ifrs_3_role-817000b"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="pt" xlink:label="label_ifrs_3_role-817000b">[817000b] Notas — Concentrações de atividades empresariais - Divulgação das contas a receber adquiridas</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ifrs_3_role-817000b" xlink:to="label_ifrs_3_role-817000b"/>
    <link:loc xlink:type="locator" xlink:href="esef_ifrs_18.xsd#ifrs_3_role-817000a" xlink:label="ifrs_3_role-817000a"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="pt" xlink:label="label_ifrs_3_role-817000a">[817000a] Notas — Concentrações de atividades empresariais - Divulgação das transações reconhecidas separadamente da aquisição de ativos e pressuposto de passivos na concentração de atividades empresariais</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ifrs_3_role-817000a" xlink:to="label_ifrs_3_role-817000a"/>
    <link:loc xlink:type="locator" xlink:href="esef_ifrs_18.xsd#ifrs_7_role-822390zk" xlink:label="ifrs_7_role-822390zk"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="pt" xlink:label="label_ifrs_7_role-822390zk">[822390zk] Notas — Instrumentos financeiros - Divulgação de informação sobre passivos não correntes com convenções</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ifrs_7_role-822390zk" xlink:to="label_ifrs_7_role-822390zk"/>
    <link:loc xlink:type="locator" xlink:href="esef_ifrs_18.xsd#ifrs_7_role-822390zj" xlink:label="ifrs_7_role-822390zj"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="pt" xlink:label="label_ifrs_7_role-822390zj">[822390zj] Notas — Instrumentos financeiros - Divulgação dos passivos financeiros afetados pelas alterações da IFRS 9 efetuadas pela IFRS 17</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ifrs_7_role-822390zj" xlink:to="label_ifrs_7_role-822390zj"/>
    <link:loc xlink:type="locator" xlink:href="esef_ifrs_18.xsd#ifrs_7_role-822390zi" xlink:label="ifrs_7_role-822390zi"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="pt" xlink:label="label_ifrs_7_role-822390zi">[822390zi] Notas — Instrumentos financeiros - Divulgação dos ativos financeiros afetados pelas alterações da IFRS 9 efetuadas pela IFRS 17</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ifrs_7_role-822390zi" xlink:to="label_ifrs_7_role-822390zi"/>
    <link:loc xlink:type="locator" xlink:href="esef_ifrs_18.xsd#ifrs_7_role-822390zh" xlink:label="ifrs_7_role-822390zh"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="pt" xlink:label="label_ifrs_7_role-822390zh">[822390zh] Notas — Instrumentos financeiros - Divulgação da informação quantitativa relativa aos instrumentos financeiros que ainda não transitaram para uma taxa de referência alternativa</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ifrs_7_role-822390zh" xlink:to="label_ifrs_7_role-822390zh"/>
    <link:loc xlink:type="locator" xlink:href="esef_ifrs_18.xsd#ifrs_7_role-822390zg" xlink:label="ifrs_7_role-822390zg"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="pt" xlink:label="label_ifrs_7_role-822390zg">[822390zg] Notas — Instrumentos financeiros - Divulgação dos passivos financeiros à data da aplicação inicial da IFRS 9</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ifrs_7_role-822390zg" xlink:to="label_ifrs_7_role-822390zg"/>
    <link:loc xlink:type="locator" xlink:href="esef_ifrs_18.xsd#ifrs_7_role-822390zf" xlink:label="ifrs_7_role-822390zf"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="pt" xlink:label="label_ifrs_7_role-822390zf">[822390zf] Notas — Instrumentos financeiros - Divulgação dos ativos financeiros à data da aplicação inicial da IFRS 9</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ifrs_7_role-822390zf" xlink:to="label_ifrs_7_role-822390zf"/>
    <link:loc xlink:type="locator" xlink:href="esef_ifrs_18.xsd#ifrs_7_role-822390ze" xlink:label="ifrs_7_role-822390ze"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="pt" xlink:label="label_ifrs_7_role-822390ze">[822390ze] Notas — Instrumentos financeiros - Divulgação dos passivos financeiros afetados pelas alterações da IFRS 9 no respeitante às características de pré-pagamento com compensação negativa</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ifrs_7_role-822390ze" xlink:to="label_ifrs_7_role-822390ze"/>
    <link:loc xlink:type="locator" xlink:href="esef_ifrs_18.xsd#ifrs_7_role-822390zd" xlink:label="ifrs_7_role-822390zd"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="pt" xlink:label="label_ifrs_7_role-822390zd">[822390zd] Notas — Instrumentos financeiros - Divulgação dos ativos financeiros afetados pelas alterações da IFRS 9 no respeitante às características de pré-pagamento com compensação negativa</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ifrs_7_role-822390zd" xlink:to="label_ifrs_7_role-822390zd"/>
    <link:loc xlink:type="locator" xlink:href="esef_ifrs_18.xsd#ifrs_7_role-822390zc" xlink:label="ifrs_7_role-822390zc"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="pt" xlink:label="label_ifrs_7_role-822390zc">[822390zc] Notas — Instrumentos financeiros - Divulgação da matriz de provisões</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ifrs_7_role-822390zc" xlink:to="label_ifrs_7_role-822390zc"/>
    <link:loc xlink:type="locator" xlink:href="esef_ifrs_18.xsd#ifrs_7_role-822390zb" xlink:label="ifrs_7_role-822390zb"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="pt" xlink:label="label_ifrs_7_role-822390zb">[822390zb] Notas — Instrumentos financeiros - Divulgação da exposição ao risco de crédito</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ifrs_7_role-822390zb" xlink:to="label_ifrs_7_role-822390zb"/>
    <link:loc xlink:type="locator" xlink:href="esef_ifrs_18.xsd#ifrs_7_role-822390za" xlink:label="ifrs_7_role-822390za"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="pt" xlink:label="label_ifrs_7_role-822390za">[822390za] Notas — Instrumentos financeiros - Divulgação da conciliação de alterações na provisão de perdas e explicação das alterações na quantia escriturada bruta para instrumentos financeiros</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ifrs_7_role-822390za" xlink:to="label_ifrs_7_role-822390za"/>
    <link:loc xlink:type="locator" xlink:href="esef_ifrs_18.xsd#ifrs_7_role-822390z" xlink:label="ifrs_7_role-822390z"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="pt" xlink:label="label_ifrs_7_role-822390z">[822390z] Notas — Instrumentos financeiros - Divulgação da reclassificação de ativos financeiros</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ifrs_7_role-822390z" xlink:to="label_ifrs_7_role-822390z"/>
    <link:loc xlink:type="locator" xlink:href="esef_ifrs_18.xsd#ifrs_7_role-822390y" xlink:label="ifrs_7_role-822390y"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="pt" xlink:label="label_ifrs_7_role-822390y">[822390y] Notas — Instrumentos financeiros - Divulgação da informação pormenorizada acerca dos empréstimos</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ifrs_7_role-822390y" xlink:to="label_ifrs_7_role-822390y"/>
    <link:loc xlink:type="locator" xlink:href="esef_ifrs_18.xsd#ifrs_7_role-822390x" xlink:label="ifrs_7_role-822390x"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="pt" xlink:label="label_ifrs_7_role-822390x">[822390x] Notas — Instrumentos financeiros - Divulgação da informação acerca das posições em risco de crédito designadas como mensuradas pelo justo valor através dos resultados</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ifrs_7_role-822390x" xlink:to="label_ifrs_7_role-822390x"/>
    <link:loc xlink:type="locator" xlink:href="esef_ifrs_18.xsd#ifrs_7_role-822390w" xlink:label="ifrs_7_role-822390w"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="pt" xlink:label="label_ifrs_7_role-822390w">[822390w] Notas — Instrumentos financeiros - Divulgação da informação acerca das quantias que afetaram a demonstração do rendimento integral como resultado da contabilidade de cobertura</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ifrs_7_role-822390w" xlink:to="label_ifrs_7_role-822390w"/>
    <link:loc xlink:type="locator" xlink:href="esef_ifrs_18.xsd#ifrs_7_role-822390v" xlink:label="ifrs_7_role-822390v"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="pt" xlink:label="label_ifrs_7_role-822390v">[822390v] Notas — Instrumentos financeiros - Divulgação da informação pormenorizada acerca dos itens cobertos</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ifrs_7_role-822390v" xlink:to="label_ifrs_7_role-822390v"/>
    <link:loc xlink:type="locator" xlink:href="esef_ifrs_18.xsd#ifrs_7_role-822390u" xlink:label="ifrs_7_role-822390u"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="pt" xlink:label="label_ifrs_7_role-822390u">[822390u] Notas — Instrumentos financeiros - Divulgação da informação pormenorizada acerca dos instrumentos de cobertura</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ifrs_7_role-822390u" xlink:to="label_ifrs_7_role-822390u"/>
    <link:loc xlink:type="locator" xlink:href="esef_ifrs_18.xsd#ifrs_7_role-822390t" xlink:label="ifrs_7_role-822390t"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="pt" xlink:label="label_ifrs_7_role-822390t">[822390t] Notas — Instrumentos financeiros - Divulgação da informação acerca dos termos e condições dos instrumentos de cobertura e o modo como afetam os fluxos de caixa futuros</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ifrs_7_role-822390t" xlink:to="label_ifrs_7_role-822390t"/>
    <link:loc xlink:type="locator" xlink:href="esef_ifrs_18.xsd#ifrs_7_role-822390s" xlink:label="ifrs_7_role-822390s"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="pt" xlink:label="label_ifrs_7_role-822390s">[822390s] Notas — Instrumentos financeiros - Divulgação da estratégia de gestão dos riscos relativa à contabilidade de cobertura</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ifrs_7_role-822390s" xlink:to="label_ifrs_7_role-822390s"/>
    <link:loc xlink:type="locator" xlink:href="esef_ifrs_18.xsd#ifrs_7_role-822390r" xlink:label="ifrs_7_role-822390r"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="pt" xlink:label="label_ifrs_7_role-822390r">[822390r] Notas — Instrumentos financeiros - Divulgação dos instrumentos financeiros por tipo de taxa de juro</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ifrs_7_role-822390r" xlink:to="label_ifrs_7_role-822390r"/>
    <link:loc xlink:type="locator" xlink:href="esef_ifrs_18.xsd#ifrs_7_role-822390q" xlink:label="ifrs_7_role-822390q"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="pt" xlink:label="label_ifrs_7_role-822390q">[822390q] Notas — Instrumentos financeiros - Divulgação da compensação dos passivos financeiros</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ifrs_7_role-822390q" xlink:to="label_ifrs_7_role-822390q"/>
    <link:loc xlink:type="locator" xlink:href="esef_ifrs_18.xsd#ifrs_7_role-822390p" xlink:label="ifrs_7_role-822390p"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="pt" xlink:label="label_ifrs_7_role-822390p">[822390p] Notas — Instrumentos financeiros - Divulgação da compensação dos ativos financeiros</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ifrs_7_role-822390p" xlink:to="label_ifrs_7_role-822390p"/>
    <link:loc xlink:type="locator" xlink:href="esef_ifrs_18.xsd#ifrs_7_role-822390o" xlink:label="ifrs_7_role-822390o"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="pt" xlink:label="label_ifrs_7_role-822390o">[822390o] Notas — Instrumentos financeiros - Divulgação das classificações internas de crédito</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ifrs_7_role-822390o" xlink:to="label_ifrs_7_role-822390o"/>
    <link:loc xlink:type="locator" xlink:href="esef_ifrs_18.xsd#ifrs_7_role-822390n" xlink:label="ifrs_7_role-822390n"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="pt" xlink:label="label_ifrs_7_role-822390n">[822390n] Notas — Instrumentos financeiros - Divulgação das classificações externas de crédito</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ifrs_7_role-822390n" xlink:to="label_ifrs_7_role-822390n"/>
    <link:loc xlink:type="locator" xlink:href="esef_ifrs_18.xsd#ifrs_7_role-822390m" xlink:label="ifrs_7_role-822390m"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="pt" xlink:label="label_ifrs_7_role-822390m">[822390m] Notas — Instrumentos financeiros - Divulgação da análise do vencimento de ativos financeiros detidos para gestão dos riscos de liquidez</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ifrs_7_role-822390m" xlink:to="label_ifrs_7_role-822390m"/>
    <link:loc xlink:type="locator" xlink:href="esef_ifrs_18.xsd#ifrs_7_role-822390l" xlink:label="ifrs_7_role-822390l"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="pt" xlink:label="label_ifrs_7_role-822390l">[822390l] Notas — Instrumentos financeiros - Divulgação do justo valor de investimentos em instrumentos de capital próprio designados pelo justo valor através de outro rendimento integral</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ifrs_7_role-822390l" xlink:to="label_ifrs_7_role-822390l"/>
    <link:loc xlink:type="locator" xlink:href="esef_ifrs_18.xsd#ifrs_7_role-822390k" xlink:label="ifrs_7_role-822390k"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="pt" xlink:label="label_ifrs_7_role-822390k">[822390k] Notas — Instrumentos financeiros - Divulgação da análise do vencimento de passivos financeiros derivados</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ifrs_7_role-822390k" xlink:to="label_ifrs_7_role-822390k"/>
    <link:loc xlink:type="locator" xlink:href="esef_ifrs_18.xsd#ifrs_7_role-822390j" xlink:label="ifrs_7_role-822390j"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="pt" xlink:label="label_ifrs_7_role-822390j">[822390j] Notas — Instrumentos financeiros - Divulgação da análise do vencimento de passivos financeiros não derivados</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ifrs_7_role-822390j" xlink:to="label_ifrs_7_role-822390j"/>
    <link:loc xlink:type="locator" xlink:href="esef_ifrs_18.xsd#ifrs_7_role-822390i" xlink:label="ifrs_7_role-822390i"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="pt" xlink:label="label_ifrs_7_role-822390i">[822390i] Notas — Instrumentos financeiros - Divulgação da análise do vencimento das saídas de caixa não descontadas para a recompra de ativos financeiros desreconhecidos ou quantias a pagar ao destinatário da transferência em relação aos ativos transferidos</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ifrs_7_role-822390i" xlink:to="label_ifrs_7_role-822390i"/>
    <link:loc xlink:type="locator" xlink:href="esef_ifrs_18.xsd#ifrs_7_role-822390h" xlink:label="ifrs_7_role-822390h"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="pt" xlink:label="label_ifrs_7_role-822390h">[822390h] Notas — Instrumentos financeiros - Divulgação do envolvimento continuado nos ativos financeiros desreconhecidos</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ifrs_7_role-822390h" xlink:to="label_ifrs_7_role-822390h"/>
    <link:loc xlink:type="locator" xlink:href="esef_ifrs_18.xsd#ifrs_7_role-822390g" xlink:label="ifrs_7_role-822390g"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="pt" xlink:label="label_ifrs_7_role-822390g">[822390g] Notas — Instrumentos financeiros - Divulgação da natureza e extensão dos riscos decorrentes de instrumentos financeiros</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ifrs_7_role-822390g" xlink:to="label_ifrs_7_role-822390g"/>
    <link:loc xlink:type="locator" xlink:href="esef_ifrs_18.xsd#ifrs_7_role-822390f" xlink:label="ifrs_7_role-822390f"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="pt" xlink:label="label_ifrs_7_role-822390f">[822390f] Notas — Instrumentos financeiros - Divulgação da informação pormenorizada acerca das coberturas</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ifrs_7_role-822390f" xlink:to="label_ifrs_7_role-822390f"/>
    <link:loc xlink:type="locator" xlink:href="esef_ifrs_18.xsd#ifrs_7_role-822390e" xlink:label="ifrs_7_role-822390e"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="pt" xlink:label="label_ifrs_7_role-822390e">[822390e] Notas — Instrumentos financeiros - Divulgação dos ativos financeiros vencidos ou em imparidade</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ifrs_7_role-822390e" xlink:to="label_ifrs_7_role-822390e"/>
    <link:loc xlink:type="locator" xlink:href="esef_ifrs_18.xsd#ifrs_7_role-822390d" xlink:label="ifrs_7_role-822390d"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="pt" xlink:label="label_ifrs_7_role-822390d">[822390d] Notas — Instrumentos financeiros - Divulgação da informação pormenorizada acerca dos instrumentos financeiros</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ifrs_7_role-822390d" xlink:to="label_ifrs_7_role-822390d"/>
    <link:loc xlink:type="locator" xlink:href="esef_ifrs_18.xsd#ifrs_7_role-822390c" xlink:label="ifrs_7_role-822390c"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="pt" xlink:label="label_ifrs_7_role-822390c">[822390c] Notas — Instrumentos financeiros - Divulgação dos ativos financeiros transferidos não desreconhecidos na íntegra</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ifrs_7_role-822390c" xlink:to="label_ifrs_7_role-822390c"/>
    <link:loc xlink:type="locator" xlink:href="esef_ifrs_18.xsd#ifrs_7_role-822390b" xlink:label="ifrs_7_role-822390b"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="pt" xlink:label="label_ifrs_7_role-822390b">[822390b] Notas — Instrumentos financeiros - Divulgação dos passivos financeiros</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ifrs_7_role-822390b" xlink:to="label_ifrs_7_role-822390b"/>
    <link:loc xlink:type="locator" xlink:href="esef_ifrs_18.xsd#ifrs_7_role-822390a" xlink:label="ifrs_7_role-822390a"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="pt" xlink:label="label_ifrs_7_role-822390a">[822390a] Notas — Instrumentos financeiros - Divulgação dos ativos financeiros</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ifrs_7_role-822390a" xlink:to="label_ifrs_7_role-822390a"/>
    <link:loc xlink:type="locator" xlink:href="esef_ifrs_18.xsd#ifrs_8_role-871100d" xlink:label="ifrs_8_role-871100d"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="pt" xlink:label="label_ifrs_8_role-871100d">[871100d] Notas — Segmentos operacionais - Divulgação dos principais clientes</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ifrs_8_role-871100d" xlink:to="label_ifrs_8_role-871100d"/>
    <link:loc xlink:type="locator" xlink:href="esef_ifrs_18.xsd#ifrs_8_role-871100c" xlink:label="ifrs_8_role-871100c"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="pt" xlink:label="label_ifrs_8_role-871100c">[871100c] Notas — Segmentos operacionais - Divulgação das áreas geográficas</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ifrs_8_role-871100c" xlink:to="label_ifrs_8_role-871100c"/>
    <link:loc xlink:type="locator" xlink:href="esef_ifrs_18.xsd#ifrs_8_role-871100b" xlink:label="ifrs_8_role-871100b"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="pt" xlink:label="label_ifrs_8_role-871100b">[871100b] Notas — Segmentos operacionais - Divulgação dos produtos e serviços</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ifrs_8_role-871100b" xlink:to="label_ifrs_8_role-871100b"/>
    <link:loc xlink:type="locator" xlink:href="esef_ifrs_18.xsd#ifrs_8_role-871100a" xlink:label="ifrs_8_role-871100a"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="pt" xlink:label="label_ifrs_8_role-871100a">[871100a] Notas — Segmentos operacionais - Divulgação dos segmentos operacionais</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ifrs_8_role-871100a" xlink:to="label_ifrs_8_role-871100a"/>
    <link:loc xlink:type="locator" xlink:href="esef_ifrs_18.xsd#ifrs_19_role-890000" xlink:label="ifrs_19_role-890000"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="pt" xlink:label="label_ifrs_19_role-890000">[890000] Subsidiárias não sujeitas a Prestação Pública de Contas</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ifrs_19_role-890000" xlink:to="label_ifrs_19_role-890000"/>
    <link:loc xlink:type="locator" xlink:href="esef_ifrs_18.xsd#ifrs_18_role-800270" xlink:label="ifrs_18_role-800270"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="pt" xlink:label="label_ifrs_18_role-800270">[800270] Medidas do desempenho definidas pela gerência</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ifrs_18_role-800270" xlink:to="label_ifrs_18_role-800270"/>
    <link:loc xlink:type="locator" xlink:href="esef_ifrs_18.xsd#ifrs_18_role-800260" xlink:label="ifrs_18_role-800260"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="pt" xlink:label="label_ifrs_18_role-800260">[800260] Divulgação das despesas especificadas por natureza</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ifrs_18_role-800260" xlink:to="label_ifrs_18_role-800260"/>
    <link:loc xlink:type="locator" xlink:href="esef_ifrs_18.xsd#ifrs_18_role-330000" xlink:label="ifrs_18_role-330000"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="pt" xlink:label="label_ifrs_18_role-330000">[330000] Demonstração do rendimento integral, resultados</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ifrs_18_role-330000" xlink:to="label_ifrs_18_role-330000"/>
    <link:loc xlink:type="locator" xlink:href="esef_ifrs_18.xsd#ifrs_7_role-822390zp" xlink:label="ifrs_7_role-822390zp"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="pt" xlink:label="label_ifrs_7_role-822390zp">[822390zp] Notas — Instrumentos financeiros - Divulgação de informação sobre fluxos de caixa futuros estimados decorrentes da compra de eletricidade ao abrigo de contratos para a receção de eletricidade dependente da natureza </label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ifrs_7_role-822390zp" xlink:to="label_ifrs_7_role-822390zp"/>
    <link:loc xlink:type="locator" xlink:href="esef_ifrs_18.xsd#ifrs_7_role-822390zo" xlink:label="ifrs_7_role-822390zo"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="pt" xlink:label="label_ifrs_7_role-822390zo">[822390zo] Notas — Instrumentos financeiros - Divulgação dos ativos financeiros afetados pelas emendas às Orientações de Aplicação da secção relativa à classificação dos ativos financeiros</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ifrs_7_role-822390zo" xlink:to="label_ifrs_7_role-822390zo"/>
    <link:loc xlink:type="locator" xlink:href="esef_ifrs_18.xsd#ifrs_7_role-822390zn" xlink:label="ifrs_7_role-822390zn"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="pt" xlink:label="label_ifrs_7_role-822390zn">[822390zn] Notas — Instrumentos financeiros - Divulgação de passivos financeiros sujeitos a termos contratuais com base num acontecimento contingente que pode alterar a quantia de fluxos de caixa contratuais</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ifrs_7_role-822390zn" xlink:to="label_ifrs_7_role-822390zn"/>
    <link:loc xlink:type="locator" xlink:href="esef_ifrs_18.xsd#ifrs_7_role-822390zm" xlink:label="ifrs_7_role-822390zm"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="pt" xlink:label="label_ifrs_7_role-822390zm">[822390zm] Notas — Instrumentos financeiros - Divulgação de ativos financeiros sujeitos a termos contratuais com base num acontecimento contingente que pode alterar a quantia de fluxos de caixa contratuais</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ifrs_7_role-822390zm" xlink:to="label_ifrs_7_role-822390zm"/>
    <link:loc xlink:type="locator" xlink:href="esef_ifrs_18.xsd#ifrs_7_role-822390zl" xlink:label="ifrs_7_role-822390zl"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="pt" xlink:label="label_ifrs_7_role-822390zl">[822390zl] Notas — Instrumentos financeiros - Divulgação de informação sobre investimentos em instrumentos de capital próprio designados pelo justo valor através de outro rendimento integraL</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ifrs_7_role-822390zl" xlink:to="label_ifrs_7_role-822390zl"/>
    <link:loc xlink:type="locator" xlink:href="esef_ifrs_18.xsd#ifrs_19_role-890000a" xlink:label="ifrs_19_role-890000a"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="pt" xlink:label="label_ifrs_19_role-890000a">[890000a] Subsidiárias não sujeitas a Prestação Pública de Contas - Divulgação da análise do vencimento de pagamentos de locação financeira a receber</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ifrs_19_role-890000a" xlink:to="label_ifrs_19_role-890000a"/>
    <link:loc xlink:type="locator" xlink:href="esef_ifrs_18.xsd#ifrs_19_role-890000b" xlink:label="ifrs_19_role-890000b"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="pt" xlink:label="label_ifrs_19_role-890000b">[890000b] Subsidiárias não sujeitas a Prestação Pública de Contas - Divulgação da análise do vencimento de pagamentos de locação operacional</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ifrs_19_role-890000b" xlink:to="label_ifrs_19_role-890000b"/>
    <link:loc xlink:type="locator" xlink:href="esef_ifrs_18.xsd#ifrs_18_role-800100a" xlink:label="ifrs_18_role-800100a"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="pt" xlink:label="label_ifrs_18_role-800100a">[800100a] Subclassificações dos ativos, passivos e capitais próprios</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ifrs_18_role-800100a" xlink:to="label_ifrs_18_role-800100a"/>
    <link:loc xlink:type="locator" xlink:href="esef_ifrs_18.xsd#ias_12_role-835110b" xlink:label="ias_12_role-835110b"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="pt" xlink:label="label_ias_12_role-835110b">[835110b] Notas — Impostos sobre o rendimento</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ias_12_role-835110b" xlink:to="label_ias_12_role-835110b"/>
    <link:loc xlink:type="locator" xlink:href="esef_ifrs_18.xsd#ias_12_role-835110a" xlink:label="ias_12_role-835110a"/>
    <label:label xlink:type="resource" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="pt" xlink:label="label_ias_12_role-835110a">[835110a] Notas — Impostos sobre o rendimento</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="ias_12_role-835110a" xlink:to="label_ias_12_role-835110a"/>
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