2021-2023 Sustainability Plan and Financial Performance

VOLUME Risks and opportunities: commodities and volumes COMMODITY +10% across commodities -10% +1% electricity demand -1% Cum. 2021-23 EBITDA impact (%) -0.5 -0.8 0.9 Mitigation factors enel Increasing renewable production Forward hedging strategy Long customer position and forward sales 0.6 Total 2021-23 impact (1.3%) 1.5% Very diversified customer base 171

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