Free Market Performance and Investment Plans

Networks investments to enhance value and performance... 2022-24 Gross capex by geography and by nature 1. +12% RAB1 (€bn) enel +14% ~65 18 24% 49 16 43 15 18 €bn Row 12 13% 63% 13.4 11.4 +18% Europe 32 55 35 2021-23 Old Plan 2022-24 New Plan Quality & Resiliency Digitalisation Connections Europe ☐ ROW It does not include M&A. 2021 2024 2030 55

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