Enel Chile Sa · BCS:ENELCHILE
Enel Chile Sa — Investor Presentation (May 2025)
78 slides from Enel Chile Sa's investor presentation, May 2025
Slide 1: Enel Chile Corporate presentation May 2025
Enel Chile Corporate presentation May 2025
Slide 2: Chilean market context
Chilean market context 2
Slide 3: Chile continues to be a leader towards electrification and decarbonization strategies
Chile continues to be a leader towards electrification and decarbonization strategies Main characteristics Chile’s Net zero agenda Total population of 20 million1 80% renewable generation by 88% of population in urban areas; 40% in metropolitan region 2030 Potencial additional renewable energy2 0% c
Slide 4: National framework has been supportive, yet facing setbacks and ongoing challenges
National framework has been supportive, yet facing setbacks and ongoing challenges Decarbonization and electrification Acceleration of energy transition Beginning of the coal phase-out process Boost in renewable energy generation Rise in electric vehicle sales 4
Slide 5: National framework has been supportive, yet facing setbacks and ongoing challenges
National framework has been supportive, yet facing setbacks and ongoing challenges Several setbacks in the last years in Chile Decarbonization and Creation of Energy Stabilization electrification Mechanism PEC 1.0 Acceleration of energy transition Tariff update suspended and creation of PEC 2.0 & 3.
Slide 6: National framework has been supportive, yet facing setbacks and ongoing challenges
National framework has been supportive, yet facing setbacks and ongoing challenges Returning to normality, with some pending topics Regulated tariffs updated, no accumulation PEC receivables since 2024 year-end Decarbonization and PEC 2.0 and 3.0 and IDB factoring electrification execution 77% of to
Slide 7: Enel Chile 2024 highlights
Enel Chile 2024 highlights Enel Chile today and 2024 targets 7
Slide 8: 2024 marked important deliverables, strengthening our portfolio
2024 marked important deliverables, strengthening our portfolio and consolidating our presence in Chile Los Cóndores La Cabaña Don Humberto El Manzano 153 MW 106 MW 81 MW 99 MW 69 MW BESS 67 MW BESS 67 MW BESS Hybrid project Hybrid project Hybrid project Hydro project Wind + BESS I & II Solar + BESS
Slide 9: 2024 results validated our strategy and deliverables
2024 results validated our strategy and deliverables Strategic Pillars Delivering on our commitments 2024 targets successfully reached Resiliency, 1 flexibility and value generation Portfolio expansion confirmed and delivered Efficiency and 2 Ensuring value creation for shareholders: dividend policy
Slide 10: Our value proposition and strategic rationale
2025-27 Our value proposition and strategic rationale 10
Slide 11: Our investments and management actions will continue to pursue value creation and de-risking
1 2 3 Our investments and management actions will continue to pursue value creation and de-risking A more optimized Strategic selection Focus on integrated Pursuing the commercial of renewable offerings optimization of A B strategy investments distribution value Reducing exposure to Selecting the mo
Slide 12: Update our commercial strategy to de-risk and optimize the value of our portfolio
1 2 3 Update our commercial strategy to de-risk and optimize the value of our portfolio A Sales Gx Sourcing EBITDA Gx / Sales Gx (TWh) (TWh) (USD/MWh) -9% 64% 79% +19% 33.4 30.3 46.0 33.4 38.7 0.4 2.0 30.3 25.5 6.6 3.0 21.5 (3.6) 3.4 5.3 (1.9) 21.5 23.8 7.9 8.7 2026E 2026E 2026E Net spot PPA buy Ren
Slide 13: Our commercial strategy was reviewed to enhance resilience
1 2 3 Our commercial strategy was reviewed to enhance resilience, balance risk-return and the value of services A Sales Gx (TWh) PPAs geographic location PPAs by residual duration Avg. PPA Price 72 67 2024 2027E (USD/MWh) 5% 33.4 31.4 22% 22% 14% 30.6 30.3 58% 70% 42% 58% 63% Integrated offering 30%
Slide 14: Our sourcing strategy continues to bring flexibility and diversification
1 2 3 Our sourcing strategy continues to bring flexibility and diversification, reducing our short position A Hydro generation (TWh) Gas supply sourcing Energy sourcing (TWh) Net Spot 10.6 TWh North Zone Avg. 5 year 3.6 3.6 Mejillones LNG 33.4 13.7 Gas Atacama 1.3 Terminal 31.4 gas pipeline 3.6 3.6
Slide 15: Selective investments in renewables to support profitability
1 2 3 … selective investments in renewables to support profitability, continue focusing on BESS and Wind A Total generation capex Development capex by Additional capacity (USD bn) technology (GW) 1% 0.6 9.4 -28% 3% 8.9 29% 1.9 0.1 2025-27 0.5 1.4 0.5 0.8 USD bn 0.6 60% 7% 1.4 0.8 2024-26 2025-27 202
Slide 16: Capex optimization in distribution to address market evolution
1 2 3 Capex optimization in distribution to address market evolution while waiting for a new regulatory framework B Distribution tariff Gross CAPEX Main KPIs review process Old plan 6% Returns 2024 2027E (real terms post tax) 17% New plan Initiation study Energy distributed1 Consultant final report
Slide 17: Our vision in numbers
2025-27 Our vision in numbers 17
Slide 18: Investment plan designed to enhance resiliency and performance of our portfolio
1 2 3 Investment plan designed to enhance the resiliency and performance of our portfolio Cumulated gross capex Grids 2% Capex focused on optimizing grids operation and 12% new clients’ connections 23% 32% 2025-27 2025-27 49% Integrated Business 1.8 USD bn 1.8 USD bn 39% 15% Consolidation of renewab
Slide 19: Capital allocation on generation adequately designed
1 2 3 Capital allocation on generation adequately designed in terms of technology and yearly assignment… Generation capex Cumulated development capex (USD bn) Cumulated total capex by type Total annual capex by technology Total capex by technology Additional capacity (GW) 0.4 1% 13% 3% 0.1 29% 41% 0
Slide 20: Strengthening our generation integrated margin as the core of our strategy
1 2 3 Strengthening our generation’ integrated margin as the core of our strategy Integrated power margin evolution (USD bn) Main KPIs Commercial optimization Flexible & optimized sourcing ~1.4 0.3 ~1.5 2024 2027E 0.3 0.0 0.0 Sales Gx (TWh) 33 31 (0.6) Avg. PPA price1 (USD/MWh) 72 67 Avg. spot price
Slide 21: Maximum efforts on grids capital allocation aligned with EBITDA levels
1 2 3 Maximum efforts on grids capital allocation based on current regulation, aligned with EBITDA levels Grids cumulated EBITDA Grids cumulated total capex Grids FFO (USD bn) 19% 0.4-0.5 32% 34% 2025-27 2025-27 48% 0.4-0.5 0.4 USD bn USD bn (0.4) 33% 34% ~ 0.0 2025E 2026E 2027E Quality, resiliency
Slide 22: Consolidated Net income offsetting regulated PPA expiration
1 2 3 Consolidated Net income in the period, offsetting regulated PPA expiration Net income1 evolution (USD bn) FY 2024 adj: 622 USD mn 0.1 0.6-0.7 0.0 0.5-0.7 (0.1) 0.5-0.7 (0.1) 0.0 Net Income Δ EBITDA Δ D&A Δ Financial charges Δ Taxes Net income Minorities Net Income 2027E 2024 adj. 2027 pre-mino
Slide 23: Portfolio management and capital allocation aligned with financial strategy
1 2 3 Our portfolio management and capital allocation aligned with our financial sustainable strategy 2025-27 Source of funds (USD bn) Net debt evolution (USD bn) Net debt/ EBITDA1 (x) 2.5 ≤ 2.0x 3.4 PEC -15% 0.5 Recovery (1.8) 3.5 3.0 (1.0) 0.5 Sources of Gross Dividends Change in funds capex net d
Slide 24: Reducing exposure to market volatility with a comfortable debt profile
1 2 3 All in all, reducing exposure to current market volatility with a comfortable debt profile Financial main ratios Debt maturity by year2 (USD bn) YE 2024 YE 2027E Share of sustainable 7% 8% 14% 23% finance1 31% 48% 2.3 Avg. term of debt (years) 6 ~7 1.1 Share of USD debt1 93% 93% 0.7 0.4 0.4 Sh
Slide 25: Financial targets
2025-27 Financial targets 25
Slide 26: Strategic plan targets
Strategic plan targets 2024 2025E 2026E 2027E Adjusted1 EBITDA (USD bn) 1.4 1.3-1.5 1.4-1.6 1.4-1.6 Net income (USD bn) 0.6 0.5-0.7 0.5-0.7 0.5-0.7 Dividend payout (%) Min 50% Min 50% Min 50% Min 50% 1. Excludes the negative effect of the functional currency. EBITDA: 657 USD mn and Net Income: 468 U
Slide 27: Closing remarks
Closing remarks 27
Slide 28: Enel Chile as a unique, sustainable and value-driven company
Enel Chile as a unique, Integrated Strategic plan sustainable commercial De-risking Selective capital designed to approach and strategy supported by solid to enhance allocation to more profitable enhance our solid and sound visibility and value-driven and diversified resilience projects financial as
Slide 29: Q1 2025 Results
Q1 2025 Results 29
Slide 30: Key highlights of the period
Key highlights of the period Portfolio Country and Business management Regulatory context profitability Los Cóndores hydropower plant started VAD 2020-24 Decree published Strong EBITDA commercial operation in April 2025 and Net Income in February 2025 compared to previous year VAD 2024-28 Consultant
Slide 31: Solid and diversified portfolio supports our commercial commitments
Solid and diversified portfolio supports our commercial commitments, despite the drought period Net installed capacity (GW) Net production and energy balance (TWh) Net production Portfolio mix evolution1 78% REN + BESS 5.6% 8.5 8.5 Net Spot 73% 1.4 16.5% 6.1 7.7 7.7 1.4 5.6 Emission free 1.3 product
Slide 32: Several important regulatory updates to be announced within the next months
Several important updates to the regulatory framework to be announced within the next months Topics under discussion Distribution regulatory cycle Regulatory changes expected in Q2 2025 Distribution: VAD 2020-24 The Comptroller General’s Office approved the Decree on regulated tariffs VAD 2020-24. D
Slide 33: Strong business performance in the first quarter of 2025
Strong business performance in the first quarter of 2025 Economic & financial performance1 EBITDA Net income FFO (USD mn) (USD mn) (USD mn) +25% +11% -5% 365 175 293 157 8,5 114 109 Q1 2024 Q1 2025 Q1 2024 Q1 2025 Q1 2024 Q1 2025 1. For comparative purposes, the figures for March 2024 in the financi
Slide 34: Investment focused on enhancing the resilience of our grids
Investment focused on enhancing the resilience of our grids and the performance of our portfolio Q1 2025 CAPEX by business and by nature 32% 29% 30% 68 68 52% USD mn USD mn 8,5 18% 39% REN + BESS Asset management Grids Asset development Thermal Customers 34
Slide 35: Strong Q1 2025 EBITDA results despite regulated PPAs' expiration
Strong Q1 2025 EBITDA results despite the negative impact of regulated PPAs’ expiration EBITDA evolution (USD mn)1 +25% Lower PPA sales mainly related to the termination of some regulated contracts 28 365 31 (4) 66 293 Supply performance benefits production costs optimization (49) Increased Grids ma
Slide 36: Net income for Q1 2025 reflects the EBITDA growth
Net income for Q1 2025 reflects the EBITDA growth observed in the period Net income evolution (USD mn)1 +11% Increased D&A primarily driven by the new 72 REN projects in operation (15) (26) 1 175 Higher financial expenses mainly due to 157 (15) lower PEC interests and FX variation in the period High
Slide 37: Q1 2025 FFO remains stable
Q1 2025 FFO remains stable reflecting optimal fund management FFO evolution (USD mn)1 365 Working capital reflects seasonality effect and capex plan evolution (188) (38) 109 Taxes reflect better results (30) EBITDA Δ Working Income Financial FFO Financial expenses mainly explained by capital taxes e
Slide 38: Strong liquidity position to support debt maturities
Strong liquidity position to support debt maturities Debt and liquidity Gross debt (USD mn)1 Liquidity position (USD bn) Debt maturities (USD bn)1 Maturities/Gross Debt +2% 3,931 3,993 6% 10% 13% 28% 1.7 39% 385 416 1.1 1.1 0.8 USD bn 3,546 3,578 61% 0.4 0.5 1.1 0.2 0.2 0.5 0.9 0.2 0.2 0.1 0.1 Dec 3
Slide 39: Closing remarks
Closing remarks Our resilient and diversified business model supported results despite a challenging context Regulatory changes are still ongoing. It is important to continue monitoring the evolution of the regulatory framework Sound operational and financial performance in the quarter 39
Slide 40: Strategic plan 2025-27 Financial Annexes
Strategic plan 2025-27 Financial Annexes 40
Slide 41: Annexes
Annexes Strategic update 2025-27 Financial and operational annexes Main assumptions and macroeconomics Capex by business lines Installed capacity and production Main operative KPIs Enel Chile corporate information Credit ratings Organization structure Asset's location Management 41
Slide 42: Main assumptions
Main assumptions GDP CPI Foreign exchange YE Macroeconomics (%) (%) (CLP/USD) 2025E 2026E 2027E 2025E 2026E 2027E 2025E 2026E 2027E 2.7% 2.7% 2.4% 3.3 3.0 3.0 910 876 865 Commodities Henry Hub Brent (USD/MMBtu) (USD/bbl) 2025E 2026E 2027E 2025E 2026E 2027E 3.5 3.6 3.9 76 74 72 Spot prices Quillota s
Slide 43: Capex by business lines
Capex by business lines Total capex (USD bn) Capex 2025-27 allocation (USD bn) Business line 2025E 2026E 2027E 2025-27 Renewable 0.1 0.1 0.3 0.6 0.8 2% BESS 0.4 0.1 0.0 0.5 19% 0.5 Thermal 0.1 0.1 0.1 0.3 16% 0.5 3% 3% 25% Grids 0.1 0.1 0.1 0.4 29% 49% 0% 11% 17% Others1 0.0 0.0 0.0 0.0 21% 61% Tota
Slide 44: Installed capacity and production by technology
Installed capacity and production by technology Net installed capacity Net production 2024 2027E 2024 2027E +6% -2% 2% 21% 20% 23% 22% 41% 39% 0% 8.9 9.4 24.5 24.2 45% 7% 3% GW GW TWh 56% TWh 25% 34% 30% 34% Hydro Renewable (ex-hydro) BESS Thermal 44
Slide 45: Main operative KPIs
Main operative KPIs 2024 2027E REN capacity1 (GW) 6.9 7.5 REN capacity over total1 (%) 78% 79% CO2 GHG free production over total (%) 80% 77% Energy sold in Gx2 (TWh) 33.4 31.4 Energy distributed3 (TWh) 14.7 15.6 Network losses5 (%) 5.8% 5.4% Electrification6 (TWh) 0.8 4.2 1. It includes renewable c
Slide 46: Q1 2025 Results Annexes
Q1 2025 Results Annexes
Slide 47: First quarter Profit & Loss (USD mn)
First quarter Profit & Loss (USD mn) Q1 2025 Q1 20241 ∆ qoq Reported EBITDA 365 293 +25% D&A (84) (75) +12% Bad Debt (9) (4) +139% Impairment - - - Reported EBIT 272 214 +27% Financial expenses (26) 3 -887% Other non-financial result 3 1 +453% Reported EBT 249 218 +14% Income taxes (63) (48) +30% Mi
Slide 48: Main business EBITDA breakdown
Main business EBITDA breakdown EBITDA Generation EBITDA Grids business line (USD mn)1 business line (USD mn)1 +9% 316 289 +128% 49 22 Q1 2024 Q1 2025 Q1 2024 Q1 2025 1. For comparative purposes, the figures for March 2024 in the financial statements are converted using the average exchange rate for
Slide 49: Consolidation of our renewable matrix throughout the country
Consolidation of our renewable matrix throughout the country Central zone Net installed capacity7 PMGD 103 MW 5.6% 13 MW 78% REN + BESS 16.5% El Manzano3 99 MW +67 MW BESS 41.2% 2.3% 8.9 Los Cóndores4 153 MW Southern zone GW Don Humberto5 81 MW Renaico II 144 MW +67 MW BESS La Cabaña6 106 MW 34.4% +
Slide 50: Stable and diversified energy supply
Stable and diversified energy supply Argentine 3.7 GW natural Hydroelectric plants throughout the country Net installed gas capacity Gas Atacama gas pipeline operative (Argentina) Mejillones LNG Quintero LNG 2.0 GW Terminal Terminal Natural gas Net installed capacity Argentine gas contracts signed f
Slide 51: Commodities and Spot price outlook
Commodities and Spot price outlook Henry Hub (USD/mmBTU) Brent (USD/bbl) API 2 (USD/Ton) Q1 2025: 3.7 Q1 2025: 76 Q1 2025: 102 Q1 2024: 2.2 Q1 2024: 83 Q1 2024: 105 3.9 4.0 3.5 3.5 3.4 90 84 85 85 122 82 83 114 119 115 120 2.5 2.5 2.6 2.6 80 81 112 2.6 2.3 74 76 74 74 110 106 110 106 1.9 1.9 99 1.6
Slide 52: Hydrology outlook
Hydrology outlook Historic Enel Chile hydro generation (TWh) Rainfall in our most relevant basins2 2,200 4,000 2015 11.8 1,800 Cumulated rainfall (mm) 2016 9.1 3,000 1,400 2017 9.7 2,000 1,000 2018 11.4 600 1,000 Maule Bío-Bío 2019 10.6 200 (34% of consolidated Gx) (25% of consolidated Gx) 0 0 2020
Slide 53: Focus on electrification through our integrated margin offering
Focus on electrification through our integrated margin offering Integrated offering – Main KPIs Grids main KPIs Q1 2024 Q1 2025 Q1 2024 Q1 2025 Q1 2024 Q1 2025 REN + BESS capacity +7% Charging points2,3 +24% Energy distributed6 -2% (GW) 6.5 6.9 (‘000) 3.0 3.7 3.7 3.6 (TWh) REN + BESS capacity +1.2pp
Slide 54: Annexes Regulatory and Country context
Annexes Regulatory and Country context
Slide 55: Chile country overview
Chile Country overview 2024 Demographic & Electricity industry data 2 economic data 1 20 million Energy demand Total population ~79.6 TWh 2024 80 years Life expectancy 4,240 kWh Consumption per capita 2023 CPI Metropolitan 4.3% Consumption per region 5,914 kWh capita 330 USD Bn GDP 2023 European reg
Slide 56: Chile - Power Industry Overview
Chile - Power Industry Overview Transmission Chile has a regulated and highly competitive electricity industry, with clearly defined segments fully operated by private companies Generation Generation ▪ Production and sale of energy and capacity, either on the spot market or through supply contracts
Slide 57: Chile - Electricity sector
Chile - Electricity sector Main regulatory entities Autonomous organizations PRESIDENCIA Panel de Expertos MINISTERIO DE ENERGÍA Coordinador Eléctrico MINISTERIO DE ENERGÍA Nacional (Subsecretario) Empresas Eléctricas (AG) SUPERINTENDENCIA COMISIÓN CHILENA AGENCIA CHILENA DE COMISION NACIONAL ELECTR
Slide 58: Chile - System operation
Chile - System operation Description Marginal Cost Model1 Hydro & NCRE Coal & Gas Diesel Marginal Cost (US$ / MWh) Spot Price Generation (MWh) • Physical energy dispatch for each generation company is independent from its contractual obligations, and each facility’s operation is coordinated centrall
Slide 59: Chilean electricity sector: generation overview
Chilean electricity sector Generation overview Chilean system I Net Installed Capacity by Net Generation by Player- Net Installed Capacity by Player - SEN - Dec 2024 SEN - Dec 2024 Technology - SEN - Dec 2024 II (MW) (GWh) (MW) III 1% 10% 99% of S national 24% 21% E IV 29% installed N V RM capacity(
Slide 60: Chilean coal phase out committed scenario
Chilean coal phase out committed scenario1 Complete phase-out of coal-energy sources by 2040. Coal capacity 2018 2023 2025 2030 2040 at year end (MW) 5,512 4,116 2,781 1,687 0 6,000 5,000 Enel Chile, the first Chilean generator to complete the coal phaseout process in 2022: • Tarapacá (158 MW) disco
Slide 61: Chilean scenarios in terms of clean electrification @2050
Chilean scenarios in terms of clean electrification @2050 Different scenarios have different assumptions/purposes EnerBase: The business-as-usual scenario, illustrating the Benchmark of Energy Transition Scenarios @2050 effects of current policies and trends. EnerBlue: Reflect the successful achieve
Slide 62: Chilean market regulated auctions
Chilean market regulated auctions Brief history recap 2013-2024 USD/MWh DisCos Tender Volume DisCos Tender awarded price1 Spot price2 TWh 150 148 13 140 12 130 129 128 128 11 120 10 110 112 108 108 9 100 90 91 91 8 83 7 80 79 70 6 60 59 5 57 50 48 46 4 40 33 35 3 30 24 2 20 10 1 0 0 2013 (2013-1) 20
Slide 63: Energy tariff stabilization mechanism
Energy tariff stabilization mechanism PEC 01, PEC 02 & PEC 03 PEC 01 PEC 02 PEC 03 Total amount: 3,700 USD mn Total amount: 1,800 USD mn Total amount: 1,350 USD mn1 Balance to be settled: Up to 2035 Balance to be settled: Up to 20322 Balance to be settled: Up to 2027 (PEC 02 & PEC 03) 100% guarantee
Slide 64: Enel Chile is the largest Utility player in Chile in installed capacity
Enel Chile is the largest Utility player in Chile in installed capacity Net installed capacity (GW) Q1 2025 Hydro Solar Wind BESS Geo CCGT O&G Total Q1 2025 2% North 22% Facilities (#) 1 15 7 - 2 1 2 28 Zone 41% 8.9 Net installed capacity (GW) 0.02 1.8 0.5 - 0.1 0.7 0.3 3.4 GW 34% Center Facilities
Slide 65: Distribution regulatory framework (1/2)
Distribution regulatory framework (1/2) Overview Return on Recognition of asset value according to optimized network investment WACC real post-tax ranging from 6% - 8% based on the WACC 2020-2024: 6% real term post-tax Regulatory assets’ value WACC 2024-2028: 6% real term post-tax period length is I
Slide 66: Distribution regulatory framework (2/2)
Distribution regulatory framework (2/2) Overview Distribution tariff Timeline review process VAD 2024-2028 Q2 2025 Q3 2025 Q4 2025 H1 2026 (estimated timeline) VNR = USD 2.1 USD bn Consultant Enel Dx Preliminary Enel Dx Final Expert Final report comments comments panel (Dec 2022) final report Regula
Slide 67: Chilean electricity sector: distribution overview
Chilean electricity sector Distribution overview Sales - Dec 2023 Clients - Dec 2023 Networks - Dec 2023 Installed capacity - Dec 2023 (GWh) (#) (Km) (MVA*) 13% 14% 10% 8% 8% 32,501 44% 7,251,158 45% 181,125 44% 28% 18,889 GWh clients Kms. MVA* 51% 29% 36% 34% 11% 10% 12% Enel Distribución Chile Pee
Slide 68: Enel Chile - Networks' business
Enel Chile - Networks’ business Overview Concession area: FY 2024 End users FY 2024 Physical energy sales 33 municipalities in the metropolitan region 2% 4% 7% 1% 5% 0% 15% 39% 2.2 14.8 mn TWh 37% 90% Residential Industrial Others Residential Industrial Others Market share 44% Commercial Tolls Comme
Slide 69: Chilean regulated tariff
Chilean regulated tariff Bill components breakdown1 Distribution Energy Transmission Taxes and Bill of final MPC charge Cost cost cost Others client (VAD) ≤350 kWh/month Household 55% 11% 6% 11% 17% Bill >350 kWh/month Household 53% 14% 8% 8% 17% Bill 69 1. Average reference for Enel Distribución Ch
Slide 70: Glossary
Glossary Term Definition Term Definition AGM Annual general meeting LTM Last twelve months API2 Coal price reference indicator MPC Spanish acronym for client protection mechanism BESS Battery energy storage system MW Megawatt CAPEX Capital Expenditures NCRE Non-conventional renewable energy CCGT Com
Slide 71: Credit Rating - Enel Chile and Enel Generación Chile
Credit Rating - Enel Chile and Enel Generación Chile International market Chilean market Enel Chile Enel Chile Standard & Poor’s Fitch Ratings Fitch Ratings Feller Rate BBB Stable BBB+ Stable AA+(cl) Stable AA(cl) Stable Enel Generación Enel Generación Standard & Poor’s Fitch Ratings Fitch Ratings F
Slide 72: Organization structure
Organization structure Enel Chile shareholders1 64.9% 1.1% 8.4% Chile 21.1% Pension Funds Market Cap2 Institutional Investors USD 4.8 bn ADR’s 4.5% Enel SpA 64.9% Others 100.0% 93.5% 99.1% 100.0% Green Power Chile Generación Chile Distribución Chile Enel X Chile 1. As of March 31, 2025 2. Market cap
Slide 73: Management of the Company
Management of the Company G. Turchiarelli Chief Executive Officer C. Henríquez Procurement S. Conticelli Chief Financial Officer G. Grande ICT Real Estate and C. Navarrete Deputy Chief Financial Officer M. Rinchi General Services G. Manzulli People and Organization A. Pinto Security J. Rodríguez Leg
Slide 74: Corporate governance structure
Corporate governance structure1 Shareholders’ meeting Audit firm 43% BoD’s composition Board of Directors (7 members) 57% Executive of Enel SpA Independent Functions: Directors Committee Audit committe Sustainability committe Related parties transactions 1. As of April 30, 2025. 74
Slide 75: Board composition
Board composition Board of Directors Board of Directors’ diversity3 Marcelo Castillo Chair Rodolfo Avogadro Director 43% Gender diversity 57% Salvatore Bernabei Director Male Female Valentina de Cesare Director 14% Directors’ Committee (C) María Teresa Vial1 43% Director Tenure Nationality diversity
Slide 76: Policies, principles and codes
Policies, principles and codes Ethics, Integrity, Human Rights, and Diversity • Ethical code • Zero Tolerance Plan for Corruption • Global Compliance Program on Corporate Criminal Liability • Criminal Risk Prevention Model • Compliance Program for Free Competition Regulations • Human Rights Policy •
Slide 77: Disclaimer
Disclaimer This presentation contains statements that could constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements appear in a number of places in this announcement and include statements regarding the intent, belief or curr
Slide 78: Contact us
Contact us Contacts Email ir.enelchile@enel.com Channels – Follow us Herramienta: Youtube » Recursos educativos digitales Forma linkedin, square icon instagram icon facebook, square icon Descripción generada automáticamente con confianza media Isabela Klemes Head of Investor Relations Enel Chile Web