2021-2023 Sustainability Plan and Financial Performance

Customers Expanding customer value drives EBITDA up by 36% enel EBITDA evolution 2020 2023 Δ (€bn) B2C customer value1 (€/cl/y) 71 91 +30% +36% B2B customer 0.3 0.1 0.4 value¹ (€/cl/y) 200 289 +45% FY 2020 0.5 (0.1) 4.5 B2G Revenues 3.4 +60% vs 2020 3.3 Opex/Customer (€/cl)² 22.6 18.8 -17% Stewardship model EBITDA Cumulated 21-23 1.4 €bn 2020E B2C B2B B2G Efficiency FX & Other 2023 Future value of contracts vs 2020³ +2.6x Fair Value of JVs & Partnerships 3.1 €bn 69 1. Europe gross margin per customer. B2B customer value 2020E. 3. Margin of contracts in place as of 2023 calculated for full life 2. In real terms. 2020E.

View entire presentation