Long-term Climate Strategy and Financial Performance

Managerial actions supported Group's performance enel 2020 2021 EBITDA 18 €bn 19.2 €bn -7% Power demand Market disruption compensated by Managerial actions -24% BRL devaluation -10% Prices set in 2020 Hydro shortage -20% & gas disruption in Chile Digitalization and platformization ensured business continuity Open fiber cash in COVID -19 2022 19.7 €bn Loss in hydro -30% production in EU Power prices 2x increase & higher open position Integrated margin management Russia-Ukraine conflict 9

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