Investor Presentaiton

Financial Results Codensa-Operating income growth and margin stability (Million COP) Operating Income EBITDA 5,714 +11,8% 6,389 1,882 2020 Net Income +16,5% 843 2021 2020 Net Debt 982 2,453 +10,9% 2,087 2021 +48,4% 3,640 enel codensa - emgesa 32,7% EBITDA Margin 15,4% Net Margin 2020 2021 2020 2021 *EBITDA is calculated by adding depreciation and amortization (included in cost of sales and administrative expenses) to operating income (which is estimated to subtract cost of sales and administrative expenses from operating income)

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