2021-2023 Sustainability Plan and Financial Performance

GPG Conventional generation and trading Production down by 22% yoy, benefits from trading activities and efficiencies EBITDA evolution (€mn)1 enel 14 EBITDA by geography1 1,585 +41% 2,230 Gas portfolio management and short position Efficiencies for around 150 €mn mainly in Italy and Spain Around 130 €mn negative impact from FX 1% 15% 5% FY 2020 57% 2.2 €bn 22% Italy Latin America FY 2019 FY 2020 170 €mn from provision reversal in Spain Iberia RoW North America Opex/MW (k€/MW) 33.7 30.3 1. FY 2019 restated 112

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