Investor Presentaiton

Our vision A fully sustainable capex plan Total gross capex by business and by nature 2020-22 4% 41% 6.5 4% 7% 28.7 €bn 5.0 Networks Retail 44% ■Conventional generation 13 CLIMATE ACTION enel Asset development by business 2020-22 66% 28.7 €bn 27% 17.2 €bn 17.2 Asset development Enel X EGP Customers Asset management AFFORDABLE AND CLEAN ENERGY 9STRY INDIATION ANDINFRASTRUCTURE SUSTAINABLE CITIES AND COMMUNITIES A 3% 4% ■Networks Enel X Conventional generation EGP ~ 95% of capex SDGs related 31

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