Long-term Climate Strategy and Financial Performance

1 2 3 4 Balancing customer demand and supply enel Fixed power sales1 (TWh) Fixed power sales coverage1 +7% ~200 ~185 2022E 1. Core countries ~75% ~80% Affordable price offering to customers based on fixed price contracts ~70% covered by GHG free sources ~90% covered by GHG free sources More effective commercial strategy granted by a higher coverage from RES production 2025 2022E 2025 % total own production % on total sales 100% & long-term PPAs Clean energy coverage enhances margins and reduces short term risks 14

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