Investor Presentaiton

Financial Results Emgesa - Operating income growth and margin stability (Million COP) Operating Income EBITDA 4,281 2020 Net Income 1,283 2020 +10.4% 4,727 2,489 2021 2020 Net Debt +33,4% 1,712 2021 1,838 2020 +18,7% +19,9% 2,955 2021 2,150 2021 enel codensa - emgesa 62,5% EBITDA Margin 36,2% Net Margin *EBITDA is calculated by adding depreciation and amortization (included in cost of sales and administrative expenses) to operating income (which is estimated to subtract cost of sales and administrative expenses from operating income)

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