2021-2023 Sustainability Plan and Financial Performance

1. ...and a structured stewardship business model that will catalyse additional third parties investments... enel Capex by cluster Enel's direct investments ~10 €bn Enel's adjusted EBITDA1 >150 €bn ΙΘ Stewardship model Ownership model 2021-30 ~40 €bn ~40 €bn ~10 €bn Renewables E-transport Enel Third parties It includes share of income from JVs and capital gains 4.0 2021-30 ~17 €bn 2.8 Fair Value of JVs & Partnerships 10.1 Fiber Flexibility & Other Operating platforms Business platforms JVs & Partnership I ~10 €bn 13

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