ANNUAL RESULTS 2020

Strategy and investments ITALY In Єm Sales (1) ESG Renewables Regulated France - Generation and supply Consolidated sales Operational data and markets Q1 2020 restated (1) Q1 2021 A% A% Org. (2) 1,715 2,029 +18.3 +18.5 Gas business Positive price effect (strong increase in spot market prices), with limited margin impact Electricity business Limited positive price effect (increase in spot market prices, not yet fully reflected in contracts indices) Higher thermal generation (technical unavailability in Q1 2020) with a good performance in ancillary services Better wind power output Downstream business ACQUISITION OF THE REMAINING 70% STAKE IN E21 (38 WIND FARMS, 674 MW CAPACITY) (3) EDISON'S MOODY'S RATING UPGRADE TO BAA2 (FROM BAA3) - Limited positive price effect Power residential clients slightly increased - Higher gas volumes sold to B2B segment The 2020 published data has been restated for the impact related to the change in scope from the E&P disposal (excluding Norway and Algeria). The closing of the disposal of Norway occurred in March 2021. EDF SALES FIRST QUARTER 2021 (2) Organic change at comparable scope, standards and exchange rates. (3) Wind farms already fully consolidated 74

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