2021-2023 Sustainability Plan and Financial Performance

Cash flow (€bn)1 8.4 (0.7) (2.7) (1.2) (1.1) 2.7 enel (2.2) (4.9) Ordinary EBITDA A Provisions³ AWorking capital & other Income Financial FFO Capex FCF taxes expenses 4 PY 8.42 (1.0) (3.5) (0.9) (1.0) 2.1 (4.1) (2.1) Delta YoY +32% +22% -30% -9% +31% +18% -5% 1. Rounded figures 234 2. Calculation includes 0.4 €bn provision reversal in Spain reported separately in Q1 2020 3. Accruals, releases, utilizations of provisions in EBITDA (i.e. personnel related and risks and charges), accruals of bad debt Includes dividends received from equity investments 138

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