Investor Presentaiton

Our vision in numbers M Electrification Retail EBITDA growth due to platformisation and related activities Retail gross capex 2020-22 (€bn) 41% FY 2019 3.3 3.2 2019-22 EBITDA evolution (€bn) +13% enel +13% FY 2019 3.6 3.6 3.3 3.2 0.4 0.3 0.8 0.6 1.2 €bn 82% 68% 80% Free market 2.2 2.3 59% 20% Regulated 32% 18% 2019E 2022 2019E 2022 ■ СТА Platform 118 EBITDA/cust. (€/cl)1 84 Italy Iberia Latin America ■ROE 23 Customers (mn) 1 35 46 1. Free market power and gas

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