Slide 1: ING ESG Speed Dating
ING ESG Speed Dating 7 October 2025
Slide 2: We are the playmaker of the green energy transition in Europe
We are the playmaker of the green energy transition in Europe EBITDA EBITDA EBITDA share1 ~76% share1 ~7% share1 ~17% Energy Networks Energy Infrastructure Solutions Energy Retail We operate the largest energy distribution Industries and cities face major energy We are helping millions of private gr
Slide 3: Unique position across the utility value chain and geographical diversification
Unique position across the utility value chain and geographical diversification with focus on Germany, central and northern Europe Energy Networks Energy Infrastructure Solutions Energy Retail E.ON has no activities and no legacy assets in: Large-scale generation4 Active in Active in Active in Power
Slide 4: Ambitious targets across all sustainability dimensions
Ambitious targets across all sustainability dimensions Environmental Social Governance Emissions1 Female executives Supervisory Board Composition • -50%2 scope 1 & 2 emissions by 2030 • At least 32% female executives in • At least 30% women representation5 • -50% scope 3 emissions by 2030 management
Slide 5: Environment
Environment
Slide 6: Introduction of the E.ON-wide Nature Strategy
Introduction of the E.ON-wide Nature Strategy to expand our impact, unify our commitments and streamline our efforts It’s on us to make a net-positive impact on nature Leadership & Transformation “We will maximize positive “We will have a net-zero impact on biodiversity & “We will lead the energy se
Slide 7: E.ON on its way to achieve ambitious climate targets
E.ON on its way to achieve ambitious climate targets E.ON’s carbon footprint E.ON’s targets4 million metric tons 2030 2040 2050 2 Scope 1 2 3 Scope 1-2 -50%5 -100% Scope 21 4 65 Scope 3 -50% -100% Scope 32 60 6 Avoided 106 emissions3 119 Science Based Targets Initiative (SBTi) has confirmed E.ON sho
Slide 8: Climate targets and progress on GHG emissions
Climate targets and progress on GHG emissions E.ON‘s progress GHG emissions development (million metric tons) Scope 11 Scope 21 Scope 32 -49% -24% -46%7 120.27 4.82 3.98 3 3.66 65.23 1.71 60.06 3.46 2.92 1.51 2.54 2.01 1.98 30.12 27.84 0.05 0.04 3.19 3.38 1.86 0.05 1.84 0.05 0.27 0.28 30.48 28.17 0.
Slide 9: CO2 emission: E.ON's carbon footprint by GHG Protocol scopes
CO2 emission: E.ON’s carbon footprint by Greenhouse Gas (GHG) Protocol scopes Definitions of scope E.ON’s carbon footprint by GHG Protocol scope Direct GHG emissions: Emissions from Scope 1 operations that are owned or controlled by the reporting company Indirect GHG emissions: Emissions from the ge
Slide 10: E.ON's commitments to UN Sustainable Development Goals (SDGs)
E.ON’s commitments to UN Sustainable Development Goals (SDGs) Impact of core business Stable, reliable and smart networks enable the energy transition, while innovative customer solutions help our customers to reduce their emissions. And with our climate targets E.ON is committed to become carbon-ne
Slide 11: Sustainability performance highly ranked by ESG rating agencies
E.ON’s sustainability performance continuously highly ranked by ESG rating agencies Current rankings Rankings development1 Rating: AA (Leader group) YTD ‘25 2024 2023 Rated on an AAA to CCC scale High relative performance MSCI AA AA AA ESG Risk Rating: 19.0 (low risk) Low risk Medium risk Low risk R
Slide 12: Nature and biodiversity strategy to increase positive impact
E.ON will further increase positive impact on ecosystems and wildlife through a holistic nature and biodiversity strategy We build on a variety of local biodiversity measures implemented by our business units Protection of wildlife and landscapes, e. g. through irrigating riparian forests, creating
Slide 13: Several levers to drive Circular Economy
E.ON has several levers to drive Circular Economy, despite not being a manufacturer CE. N Cooperate with Create transparency suppliers to design and set supplier quotas on products for maximal E.ON less impacted than OEMs1, but has several the use of secondary reuse & recyclability materials levers
Slide 14: Sustainability KPI: Environmental ambitions
Sustainability KPI: Environmental ambitions KPI 2023 2024 Target CO2 footprint reduction [CO2eq emissions] Scope 1 % -481 -491 -50 (2030)3 and -100 (2040) Scope 22 % -281 -241 Scope 34 % -411 -461 -50 (2030)1 and -100 (2050) EU taxonomy aligned Capex5 % 98 98 >95% Share of renewable generation plant
Slide 15: Social
Social
Slide 16: Health & safety as a key pillar of E.ON's strategy
Health & safety as a key pillar of E.ON's strategy Many E.ON employees perform high-risk work, such as on energy networks, gas pipelines, and other industrial facilities. Stringent health and safety performance is therefore of utmost importance to E.ON. We constantly improve our health & safety perf
Slide 17: Risk-based layers to mitigate human rights issues in the supply chain
E.ON applies several risk-based layers to assess, identify and mitigate human rights issues in the supply chain Minimum standards must be met by complete supplier base Supplier Code of Conduct DECLARE: clear statement towards suppliers; E.ON has zero tolerance for breaching social, environmental and
Slide 18: Human rights: Clear part of our business and supply chain
Human rights: Clear part of our business and our supply chain Governance/Supervision Human Rights Officer/ • Monitors human rights risk management system Chief Compliance Officer • Reports regularly to the Management Board • Permanent Member of the Sustainability Council Incident Incident Human Righ
Slide 19: Results of ESRS materiality analysis
Results of ESRS materiality analysis prove that E.ON is managing and reporting the right ESG topics • E.ONs ESG reporting already goes beyond legal requirements • It covers many more important ESG topics and E.ONs mature management approaches and KPIs for these topics • The results of the first ESRS
Slide 20: Sustainability KPI: Social ambitions
Sustainability KPI: Social ambitions KPI 2023 2024 Target Diversity: Female executives % 24 26 ≥32 by 2031 Index SIF1: 0.03 SIF1: 0.03 ≤0.07 by 2030 Health & safety Index LTIF2: 2.17 LTIF2: 2.46 People development: h/a 22.0 20.6 Training hours3 Community contribution €m 22 17 Germany: min/a 21 23 Ne
Slide 21: Governance
Governance
Slide 22: E.ON's Board of Management
E.ON’s Board of Management Leonhard Birnbaum Nadia Jakobi Thomas König Marc Spieker Victoria Ossadnik Chief Executive Officer Chief Financial Officer Chief Operating Officer – Chief Operating Officer – Chief Operating Officer – Chief Sustainability Officer Networks Commercial Digital • Communication
Slide 23: E.ON Supervisory Board: Experienced, diverse and independent
E.ON Supervisory Board: Experienced, diverse and independent 16 Board Members1 Member of the E.ON Supervisory Board for2 8 7 Independent Shareholder Representatives 4 3 2 8 Employee Representatives <2 years 2 - 4 years 5 - 7 years >7 years Age3 Nationality 3 Independence4 Female representatives5 Boa
Slide 24: Supervisory Board assumes responsibility for sustainability
E.ON’s Supervisory Board assumes responsibility for sustainability advises and monitors Board of Management CEO/CSO1 reports Supervisory Board • The Supervisory Board regularly addresses sustainability topics reports chairs reports • The Supervisory Board approves ESG targets of the management board
Slide 25: Small changes to Compensation System for the Management Board
Overview of small changes to Compensation System for the Management Board Base salary | Fixed amount, paid in twelve monthly installments Consistently positive feedback Changes from investors and proxy advisors 1-year on the current system period Performance Earnings per share 80% Annual bonus crite
Slide 26: E.ON Performance Plan (LTI) – New Design
E.ON Performance Plan (LTI) – New Design (Planned) Structure of E.ON Performance Plan Previously: 0-150% Initial Number of Total Target Achievement 0-200 % Share Price Payout Amount Virtual Shares plus Dividends Cap at 200 % of Granted Total Shareholder Return (TSR) Return on Capital Employed (ROCE)
Slide 27: Sustainability KPI: Governance ambitions
Sustainability KPI: Governance ambitions KPI 2023 2024 Target Share of female % 38 38 ≥30 Supervisory Board members1 Independent Supervisory % 100 100 100 Board members ESG included in Board of Management - Since 2022 included Since 2022 included included remuneration 1. Refers to shareholder repres
Slide 28: Finance and Green Bond Framework
Finance and Green Bond Framework
Slide 29: Green Bond Framework overview
Green Bond Framework overview: Framework structure in line with draft EU Green Bond Standard1 + Process for selection of Management of Green assets and capex Reporting External Verification green assets and Capex use-of-proceeds • Electricity Networks (DSO) • All projects directly • E.ON strives to
Slide 30: Green Bond categories
Green Bond categories Electricity Networks (DSO) Renewable Energy Energy Efficiency Clean Transportation All distribution infrastructure and Renewable energy production and Integrated on-site business and city EV charging stations and supporting equipment in the inter-connected storage including3 en
Slide 31: Capital market debt well diversified and substantially green
Capital market debt well diversified and substantially green Capital Market Debt1 (in €bn) Maturity Profile1 (in €bn) 5 4 3 2 1 Capital market debt 0 44% '25 '26 '27 '28 '29 '30 '31 '32 '33 '34 '35 '36 '37 '38 '39 '40 '41 '42 '43 '44 ~EUR 32.1bn thereof EUR 14.2bn Green Bonds Vanilla Bonds green bon
Slide 32: Disclaimer
Disclaimer This presentation contains information relating to E.ON Group (‘E.ON’) that must not be relied upon for any purpose and may not be redistributed, reproduced, published, or passed on to any other person or used in whole or in part for any other purpose. By accessing this document, you agre
Slide 33: Thank you
Thank you 2-orl