Investor Presentaiton

De-risking our long term targets Operating deployment: renewables' contribution to growth secured across the board enel Development secured Additional Capacity 2020-22 (GW) 14.1 2020-22 Production secured Variance in renewable production 2020-2022 75% Gap to target (GW) 5.0 2020-22 ~390 TWh 25% ~45% 2020-22 pipeline Sold ~3.4x Residual target Hedge w/retail portfolio¹ Upside/ Downside Netting Total 7% Total Production @ Opportunity/Risk 4% 59 1. Volumes to be sold forward in year n-1 (%)

View entire presentation