Investor Presentaiton

Net debt evolution FFO up 25%, compensates gross investments and FX Eur M RESULTS PRESENTATION / 2022 2,750 1,084 1,189 43,749 39,119 -11,123 10,730 Other² Dividend¹ FX FFO Gross Investments Net debt Dec 2021 Net debt Dec 2022 Limited impact from working capital and collateral position allows Net Debt to remain below Eur 44 Bn IBERDROLA 1. Includes scrip dividend plus cash 2. Includes working capital variations and collaterals www.iberdrola.com |29

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