Enel Capex and Financial Guidance

2023 Remuneration Policy Main changes vs 2022 enel MBO objectives1 LTI objectives1 LTI Share component Share Ownership Guidelines Group Opex objective remooved FFO/Consolidated net financial debt objective weight increased to 30% (from 20%) to further emphasize the importance of maintaining a solid financial structure GHG emissions reduction objective weight increased to 15% (from 10%)² Objective modified to cover not only direct scope 1 emissions related to power generation, but also inidirect scope 1 and 3 emissions related to the electricity sold to end customers Increased to 150% (from 130%) for the CEO and to 100% (from 65%) for the CEO-1 managers, to ensure a further alignment with the interests of the shareholders in the long-term³ Requirement for the CEO / Executives with strategic responsibilities to achieve (within 5 years) and maintain (during the term of office) Enel shares equivalent to 200%/100% of fixed annual remuneration. Introduced to foster the alignment with the interests of the shareholders, further incentivizing the commitment to achieve the strategic objectives A benchmark analysis on ESG objectives for both MBO and LTI was performed by an independent third party, leading to an increase in the weight of the climate objective in the LTI Weight of TSR objective consequently reduced to 45% (from 50%) Percentage unchanged for the other beneficiaries of the 2023 LTI Plan (65%) 2. 3. -23 172

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