Investor Presentaiton

Delivering on a fully sustainable capex plan Capex increased by 17% yoy 8% 5% 3% Capex by business and by nature 2% 18% 43% enel Capex asset development by business 2% 28% 39% FY 2019 10 €bn FY 2019 10 €bn 23% 59% FY 2019 5.9 €bn 68% Networks Retail ■ Enel X ■Conventional EGP Other generation Asset development Customers ■Asset management 13 CLIMATE 7 AFFORDABLE AND ACTION QNDUSTRY INNOVATION CLEAN ENERGY AND INFRASTRUCTURE 11 SUSTABLECITIES AND COMMUNITIES ■Networks Enel X Conventional generation EGP More than 90% of capex SDGs related 76

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