Investor Presentaiton

Networks - Key highlights Tedp +XX Growth, 2020-25 ~€0.7 Bn annual organic CAPEX CAPEX¹, € Bn Regulated Asset Base to increase by ~€2 Bn RAB², € Bn EBITDA to increase by 50% EBITDA, € Bn 5% p.a. excluding Viesgo acquisition 3.4 40% 7.1 1.3 8% p.a. 0.1 0,1 1,0 D 1,0 5.1 ✓ 1,3 0,3 0.9 F 0,6 0.1 0.8 0,2 2,2 4,8 0,9 3,7 90 0,6 2021-25 1. Includes financial investments 2. Transmission based on awarded CAPEX Note: Excludes Viesgo in 2020. 6x Euro/BRL along the period 2020 2025 2020 2025 Investor presentation 27 22

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