Enel's Energy Infrastructure Growth and Resilience

Operational de-risking Spot purchases Fixed sales sourcing mix1 EBITDA currency exposure EUR Latam USD enel Contracted/regulated EBITDA (€bn) 3% 15% 10% 24% 10% Thermal 12% generation 29% 90% 2025 22.2-22.8 2022 GHG 75% 64% free sources production 68% -80% 2022E 2025 2022 2025 2022 sourcing cost reduction @2025 mix: -40% Sourcing cost volatility index: -100bps 1. Including LT PPAs Currencies repositioning avoids 150 €mn negative impact every 10% devaluation of local currencies 49

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