Investor Presentaiton

Results by Business / Energy Production and Customers SPAIN UNITED STATES UNITED KINGDOM IBERDROLA EBITDA EUR 3,460.2 M (-4.1%): EBITDA decrease due to: o Group's policy of maintaining prices despite high-cost environment. 。 Lower renewable production. O 。 Positive Court Rulings in Q4'21. RESULTS PRESENTATION / 2022 EBITDA USD 759.7 M (-10.7%): Positive impact of Texas cold snap accounted for in Q1'21 and provisions in Commonwealth Wind. Higher output (+3.8%) due to new installed capacity, and better prices. EBITDA GBP 712.3 M (+20.6%): Higher wind output drives EBITDA growth, partially compensated by higher energy procurements at higher costs, fully recoverable in H1 2023. www.iberdrola.com |25

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