Financial Overview H1 2020

Market context was challenging over Q2 2020 Electricity demand Q2 2020 vs Q2 2019 Center -2% H1 2020 vs H1 2019 -2% enel Avg. spot power prices¹ Q2 2020 vs Q2 2019 Center H1 2020 vs H1 2019 -18% -13% South -6% South -20% -3% -12% Ural -8% -5% Ural -9% -7% 1st Price Zone -6% 1st Price Zone -15% -4% -11% 1. Day-ahead market (DAM) prices 2

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