Sustainable Value Creation and Industrial Growth

Ordinary EBITDA by business line 1.1 2.9 16.21 €bn 4.5 .1 7.6 ■ Networks ■ Enel X ■ Renewables ■ Thermal Generation ■ Retail 1. Rounded figures Performance driven by growth and volume/prices Growth and efficiencies enel ΔΥΟΥ +12% +3% Higher margins across all markets +20% Focus on new infrastructures and services Normalization of market environment and thermal gap (40%) 73

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