Investor Presentaiton

De-risking our long term targets Currency exposure: a low bottom line impact from volatile currencies enel 2020-22 EBITDA by currency 61% Cumulated impact 2020-221 (€bn) EBITDA Group NI 11% BRL (0.69) 0.84 (0.21) 0.24 ARS (0.12) 0.15 (0.03) 0.06 58 €bn 28% CLP (0.06) 0.09 (0.00) 0.00 Other (0.39) 0.48 (0.06) 0.09 ■ EUR ■ USD ■ Latin America Total (2.2%)-2.7% (1.8%)-2.2% 1. Sensitivity based on +/-10% USD/LOC (EUR/USD @Plan). Rounded figures -10% +10% 61

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