2021-2023 Sustainability Plan and Financial Performance

Increasing the share of sustainable finance while further reducing cost of debt Liability management program Share of sustainable finance after liability management enel New issues Liability management 54% 2021E 46% EUR 3.25 €bn Tender offer 1.1 €bn USD1 Make whole call 4 $bn 6 $bn 13 CLIMATE ACTION Sustainability linked bond 1. July 2021 Sustainable sources Traditional sources Savings on financial expenses around 100 €mn per year from 2022. Crystallising the current low rate curve Share of sustainable finance sources up by 13 p.p. vs 2020. On track to reach the 48% target in 2023 ~500 €mn negative non-recurring impact on financial expenses expected by YE 140

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