Long-term Climate Strategy and Financial Performance

2 3 A strong RES development, notwithstanding supply enel chain disruptions, de-risks our generation Yearly additions¹ (GW) 2023-25 Additional capacity target¹ 1.7x 5.1 5.2 3.0 3.1 9.8 21 GW 11.2 FY 2019 FY 2020 FY 2021 FY 2022 Residual target ■In execution 1. It includes renewable managed capacity and BESS capacity Residual target covered around 7x by the 2023-25 mature pipeline 5.5 GW to be added in 2023, 100% already in execution Ready to accelerate energy independence in Europe: ~130 GW projects in pipeline in Italy and Iberia 61

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