Investor Presentaiton

Decarbonisation 1. 2. CLEAN ENERGY Focus on coal phase out Acceleration of decarbonisation with coal capacity down by 4.1 GW Coal production (TWh) Coal production on total¹ -42% Coal capacity (GW) Coal capacity on total¹ -26% enel Coal production almost halved in 2019 64.4 37.6 25.7% 16.4% 18.5% FY 2018 FY 2019 Does not include managed capacity and production Reftinskaya, Tarapacà, Bastardo and Alcudia 15.8 11.7 4.1 GW of coal capacity (4 power plants)2 reduction in 2019 Revenues from coal c.3.5% on total EBITDA from coal c.2% on total 13.9% FY 2018 FY 2019 4.3 €bn impairment 80

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