2021-2023 Sustainability Plan and Financial Performance

1. 2. Creating value for shareholders 3Y Dividend Policy (DPS €/Share) CAGR 20 6% Guaranteed DPS FY 2020 0.43 0.358 0.40 0.38 0.35 20201 2021 2022 2023 Growing dividends to 2030 Minimum guaranteed dividend EPS CAGR 2020-23 + Average 3Y DY in the period (Share price @ 8.2€/share) 2030 enel 3Y Total Return² Average DY ~5% >13% 8%-10% 3Y Total Return -13% Earnings CAGR 46

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