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Investor Presentaiton

1. Retail Power unitary margin and opex per client enel Includes only power free market Power unitary margin (€/MWh)¹ Opex per client (€/customer) 2019 2022 2019 2022 Italy 22.3 20.2 26.0 22.9 Iberia 10.5 9.8 35.5 30.5 Latin America 3.8 3.0 14.4 12.5 Rest of Europe 6.3 10.4 16.2 11.3 137
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