Enel's Energy Infrastructure Growth and Resilience

Grids investments deliver RAB growth within stable enel regulatory frameworks Capex by geography 17% 2023-25 ~15 €bn 83% RAB (€bn) +5% 41 39 8 8 33 31 2022 2025 Europe Latam 1. Net of M&A Regulatory frameworks Securing stable and visible returns Supporting throughout market disruptions Adapting to a changing environment 36

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