2021-2023 Sustainability Plan and Financial Performance

A strong financial position (€bn) Source of funds allocation 2021-23 9.4 46.2 (40.0) (€bn) 25% Net debt evolution 26% 57-58 45.4 (15.6) enel 26% Sources of funds Incremental debt Gross capex1 Dividends 2020 2023 2030 2.5x 2.7x 2.7x 1. Includes capex associated with stewardship model FFO/Net debt Net debt/EBITDA 75

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