Investor Presentaiton

Financial ratios RESULTS PRESENTATION / 2022 FFO / Adjusted Net Debt improves 2.4 p.p. as strong cash flow generation more than compensates Net Debt increase ADJUSTED CREDIT METRICS 2022 20211 Adjusted Net Debt/ EBITDA 3.3x 3.2x FFO 2 / Adjusted Net Debt 25.4% 23.0% RCF / Adjusted Net Debt 22.0% 20.6% Adjusted Leverage 42.8% 41.0% IBERDROLA 1) Proforma including Neoenergia Brasilia and Poland onshore in December 2021 www.iberdrola.com [30 2) 2022 FFO includes collection of EUR 826 M on positive court rulings in Spain and positive one-off linked to NY Order that allows to accrue certain regulatory assets (EUR 340 M)

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