Long-term Climate Strategy and Financial Performance

2022E-25 Integrated commercial business: EBITDA evolution +7% Fixed price volumes 75% RES production on total 0.6 1.1 1.7 0.2 enel CAGR -15% -100% Sales covered by own production & LT PPAS 4.8 2.2 7.0 10.6 2022E Exogenous factors normalization 2022E Normalized I Increase in volumes Services RES penetration Sales coverage 2025 +1.9 €bn Commercial strategy +1.7 €bn Sourcing strategy 32 32

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