Investor Presentation

Networks - Key highlights ~€0.7 Bn annual organic CAPEX CAPEX¹, € Bn Regulated Asset Base to increase by ~€2 Bn RAB², € Bn 3.4 0.1 1.0 ✓ Tedp +XX Growth, 2020-25 EBITDA to increase by 50% EBITDA, € Bn 5% p.a. excluding Viesgo acquisition 40% 1.3 7.1 8% p.a. 0.1 1.0 0.3 5.1 1.3 0.9 0.6 0.1 0.8 0.2 2.2 4.8 0.9 3.7 0.6 2021-25 1. Includes financial investments 2. Transmission based on awarded CAPEX Note: Excludes Viesgo in 2020. 6x Euro/BRL along the period 2020 2025 2020 2025 Investor presentation 26

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