2021-2023 Sustainability Plan and Financial Performance

2021-2023 Financial Targets enel 2020 2021 2022 2023 Earnings growth CAGR 2020 Ordinary EBITDA (€bn) 17.9 18.7-19.3 19.7-20.3 20.7-21.3 +5% / +6% Net ordinary income (€bn) 5.2 5.4-5.6 5.9-6.1 6.5-6.7 8% 9% CAGR 2020 Value creation Guaranteed DPS (€/sh) 0.358 0.38 0.40 0.43 +6% Implied Dividend Yield 1 (%) 4.3% 4.6% 4.8% 5.2% 1. Share price @ 8.276 €/share, as of December 30th 2020. 86

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