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Investor Presentaiton

Our vision in numbers 2. 123 9 Enabling Infrastructure Networks capex focused on quality and efficiencies enel Networks gross capex 2020-22 (€bn) RAB (€bn) Operating performance 2019 2022 5% 13% 27% ~45 ~ 43 11.8 €bn Opex/end user (€/cust) 42.5 35.61 ~12 ~14 5% SAIFI² (n) 3.2 2.9 50% -31 -31 ■ Smart Meters Quality & Efficiency Quality index³ (%) +160 bps vs 2019E 2019 2022 ■ Platforms ■ Connections ■ Other ■ Europe Latin America In real terms Calculated as weighted average on end users Quality on services rewards/penalties and losses reduction economic impact on gross margin 47
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