Edison Spa · MIL:EDNR
Edison Spa — FY2025 Earnings Presentation
11 slides from Edison Spa's earnings presentation, Feb 18, 2026
Slide 1: Edison Full Year 2025 Results
Edison Full Year 2025 Results February 18, 2026
Slide 2: Edison in 2025: strong operational performance on generation and customer side
Edison in 2025: strong operational performance both on the generation and on the customer side Energy supply • Total power generation: up c.+9% (@21 Twh) vs 2024 thanks to strong thermoelectric power generation • Sale to B2C, B2B and B2G Customers: +26% power volumes (@47 Twh) and +13% gas volumes (
Slide 3: Delivering on our three strategic pillars: key 2025 achievements
Delivering on our three strategic pillars: key 2025 achievements Renewables and flexibility Gas and energy security Customers and services Constant growth in renewables and low Ensure security of supply and drive the Support customers across all market carbon energy, leader in the supply of energy t
Slide 4: Financial performance in line with guidance and a robust financial position
Financial performance in line with guidance and a robust financial position enabling a progressive growth in investments €1,4bn 2025 guidance 1.708 1.305 €1,2bn 2024 2025 Main impacts vs 2024: EBIT (€M) ▪ Fewer opportunities to optimize the gas portfolio ▪ Lower renewable volumes, +€530m 2024 2025 e
Slide 5: +20% approx. increase in investments driven by renewables
+20% approx. increase in investments driven by renewables Gross Investments (€M, at end December) ▪ Investments 86% aligned with the UN SDGs and 62% with the EU Taxonomy in 2025 731 ▪ Most significant increase recorded in renewable energy sources (+92%), with: 615 ▪ 200 MW of construction projects c
Slide 6: Edison's 2030 guidance
Edison’s 2030 guidance 6
Slide 7: Commitment to our strategic pillars: 1) Renewables and flexibility
Commitment to our strategic pillars: 1) Renewables and flexibility RES, Hydro and flexibility Renewables and • RES capacity: 4GW target by 2030 balancing flexibility merchant and regulated exposure; with focus on PV grid-scale plants and onshore wind repowering • Hydro: renew hydro concessions and d
Slide 8: Commitment to our strategic pillars: 2) Gas and energy security
Commitment to our strategic pillars: 2) Gas and energy security Renewables and • Maintain gas portfolio diversification to contribute to flexibility security of supply, reduce intermittency risk and enhance optimization opportunities • 1-2 additional LNG contracts in 2029 and 2030 and Gas and partly
Slide 9: Commitment to our strategic pillars: 3) Customers and services
Commitment to our strategic pillars: 3) Customers and services Renewables and • B2C: reach 4.5M contracts by 2030 increasing the electrification of consumption and developing a flexibility services ecosystem, supported by the strengthening of physical and digital channels, to increase customer profi
Slide 10: Summary of guidance 2026 and 2030
Summary of guidance 2026 and 2030 Industrial Sustainability Financial 2030 2030 4.0 GW > 1.5 GW CO2 avoided emissions 4.5 M LTIR1 Public lighting M (Dirigenti) 0.2 bcm Water Intensity2 The Company indicates that the above guidance do not consider the potential material negative impacts that regulato
Slide 11: The “Dirigenti Preposti alla redazione dei documenti contabili societari” (Managers in charge of drafting
The “Dirigenti Preposti alla redazione dei documenti contabili societari” (Managers in charge of drafting the corporate accounting documents) of Edison S.p.A., Ronan Lory and Roberto Buccelli, certify that – pursuant to Article 154-bis, paragraph 2 of the Italian Consolidated Finance Act (Legislativ