Sustainable Value Creation and Industrial Growth

Risk management 123 Operating risk: renewables growth already significantly addressed 2019-21 Additional capacity addressed¹ (GW) enel Pipeline by geography and technology² (GW) ~70% addressed 11.6 Coverage by yr 22% 7% 6% 2019 100% 2020 78% 19.8 GW 8.2 2021 41% 21% 44% 3.4 Italy and Iberia ■ South America ■Rest of Europe ■ North & C. America Target additional capacity Addressed Residual target ■ Asia/Australia It includes managed capacity As of December 2018 Includes 2019-2021 CODS only Total pipeline / residual target Short term pipeline³ / residual target - 6x ~ 4x 44% 55% 51

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