PitchSend

Investor Presentaiton

Delivering on a fully sustainable capex plan More than 90% capex addressed in 2020 5% 3% Capex by business and by nature 4% 24% Q1 2020 48% Q1 2020 1.9 €bn 1.9 €bn 54% 40% 22% enel Asset development capex by business Capex addressed by year 26% 2020E 92% Q1 2020 1.0 €bn 2021E 72% 70% 2022E 42% Networks Retail Enel X Asset development ■Networks Enel X EGP Customers ■Conventional generation EGP Conventional Asset management generation 102

View entire presentation