Corporate Presentation

Enel Américas

March 2024

Key considerations

Diversified investment vehicle in the region with ESG principles integrated in our long-term strategy

Grids: Focus on countries with constructive regulation, maximizing

RAB growth

Generation: Selective investments based on a risk-rewardmatrix by tech/country to maximize returns

Focus our efforts on strategic countries and assets aligned with faster energy transition and electrification

Prioritize products and services that can accelerate electrification

Strong liquidity and sound financial policies to support our growth goals

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Index

  1. Enel Américas at a glance
  2. 2024-2026Strategic Plan
  3. Q4 & FY 2023 Results

Enel Américas at a glance

Enel Américas at a glance

2023

Reported EBITDA (US$ bn)

3.7

Group Net Income (US$ bn)

0.9

CAPEX (US$ bn)

3.0

Net debt / EBITDA (times)

1.7

Installed capacity (GW)

14.6

RES capacity (%)

90

Grid customers (mn)

23.8

Charging points (#)

9.8

Ownership structure1

Retail

Institutional 0.85% investors; 8.51%

Chilean pension

Funds; 8.37%

# shares

Enel S.p.A

107,279,889,530

82.27%

Market Cap: US$ 11.9 bn

(1) As of December 31, 2023

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Diversified investment vehicle in the region

Enel Américas is Latin America's largest private power company

Corporate simplification

process ongoing

Brazil

Colombia

Central

Argentina

Peru

FY 2023

America

GENERATION

Installed

5,968

4,039

705

1,328

2,589

14,629

Market share

3%1

17%1

8%1

3%1

19%1

-

capacity (MW)

Energy sales

34.5

21.6

3.3

4.5

11.3

75.2

(TWh)

End users (mn)

15.4

3.8

-

2.6

1.5

23.3

GRIDS

Energy sales

70.1

15.3

-

18.1

8.5

112.0

(TWh)

Market share

16%1

21%1

-

15%1

27%2

-

EBITDA

60%

37%

3%

-

-

contribution

5

2023 figures. (1) Market share by energy sales for 2023, (2) Market share for September 2023

Gross CAPEX - FY 2023

Investments in Renewables and Grids aligned with our Strategic Plan targets

CAPEX by country

1%

8% 4%

21%

US$ 3.0 bn

(-17% YoY)

66%

Argentina

Brazil

Colombia

Peru

C. America

CAPEX by business1

6%

US$ 3.0 bn

44%

(-17% YoY)

50%

Asset development2 CAPEX by business

3%

14%

US$ 1.6 bn

(-15% YoY)

83%

Grids

Generation

Customers

6

(1) Renewables business' includes trading business; (2) Asset development - Growth investments in generation and Grids (quality programs smart metering)

Generation

Strategic actions

Clear path to organic growth in renewable power generation

Solid pipeline to enable continue value creation

Accelerate positioning within the

energy transition

Portfolio mainly represented by renewable technologies

Net installed capacity

EBITDA1 (US$ mn)

5%

2%

2%

+1%

3%

~1.8 GW added in 2023

7%

90% renewables

0.3

0.2

0.0

14.6 GW

48%

2023

40%

US$ 1.5 bn

1.5

1.5

1.4

42%

51%

2021

2022

2023

Hydro

Wind & Solar

CCGT

Argentina

Colombia

Adj. EBITDA

Disposals

Oil-gas

Coal

Brazil

C. America

Main KPIs

Installed capacity (GW)

Total Net production (TWh)

Renewable production (TWh)

(1) EBITDA without considering Peru

2021

15.9

48.7

32.8

2022

2023

Energy Sales

16.1

14.6

(TWh)

Free Market sales

53.4

50.6

(%)

39.1 43

2021

71.3

55

2022 2023

88.0 75.2

60 58

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Robust pipeline of ~48 GW, enabling the path to decarbonization

Gross Pipeline 1 (GW)

~20

~48

~1

~26

0.8

Gross Pipeline

Early Stage

BESS2

Mature

In Execution

Gross Pipeline by country

1% 1%

30%

~48 GW

68%

Projects in execution

Country Project MW Tech.

Arinos

461

22%

Pedra

22%

194

Pintada

Guayepo

190

Brazil Colombia Panama Guatemala

Projects in execution and Gross pipeline from Peru are not included. (1) Early stage and mature•are classified based on their development regarding land secured,

environmental permits and grids connection, while mature is further along in this process; (2) BESS: Battery Energy Storage System; includes 0.8 GW of mature

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pipeline and 0.6 GW of early stage pipeline

Grids

Regulated business with attractive returns

Strategic actions

Main KPIs

EBITDA1 (US$ bn)

Ensure the highest level of quality at the lowest cost across all grids

Improving the digitalization channels in order to reach the clients needs

Keeping the support to our clients on critical periods

Grid customers (mn)

Energy distributed (TWh)

SAIDI (hours) 2,3

SAIFI (times) 2,3

Energy Losses

(%)

Smart meters (th)

2021

26.2

119.8

8.6

4.2

12.7

129

20221 2023

23.3 23.8

122.6 112.0

  1. 9.0
  1. 4.3

12.8 12.5

295 709

27%

2023

US$ 2.3 bn

73%

Brazil

Colombia

+10%

0.4

0.2

1.8 2.1 2.3

2021

2022

2023

Adj. EBITDA

Disposals

(1) Data excludes Enel Dx Goiás for 2021 - 2022; (3) Quality indicators criteria for Colombia and Peru was modified to consider climate event-related cuts

and "force majeure" cuts, respectively.

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Disclaimer

Enel Americas SA published this content on 18 March 2024 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 18 March 2024 15:39:47 UTC.