Investor Presentaiton

16 Q1 2022 Results May 2022 ENGIE Significantly higher earnings, cash flow generation impacted by changes in WCR • EBIT up 74% on a gross basis and 76% organically • Negative cash flow generation and higher net debt • Improving credit ratios • Strong liquidity and high cash levels • 2022 guidance upgraded EBIT CFFO³ 1 Unaudited figures throughout the presentation 2 Organic variation = gross variation without scope and foreign exchange effect 3 Cash Flow From Operations = Free Cash Flow before Maintenance Capex and nuclear phase-out expenses 4 vs. 31 December 2021 Q1 RESULTS Єbn, unaudited figures1 EBITDA Actual A Gross A Organic² 4.6 +49% +51% 3.5 +74% +76% (0.1) -1.7 Net Financial Debt 27.3 +2.04 Economic Net Debt 40.0 +1.74 I Economic Net Debt/EBITDA 3.3x -0.3x4

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