E.on Se · XETR:EOAN
E.on — Investor Presentation (March 2022)
88 slides from E.on's investor presentation, Mar 16, 2022
Slide 1: Facts & Figures 2022
March 2022 #StandWithUkraine Facts & Figures Edition 2022 incl. FY21 Financials
Slide 2: Content
E.ON Group Sustainability Energy Networks Customer Solutions Non-Core Financials Content 1 E.ON Group 2-8 2 Sustainability 9 - 15 3 Energy Networks 16 - 51 4 Customer Solutions 52 - 69 5 Non-Core 70 - 80 6 Financials 81 - 85 2
Slide 3: E.ON combines stability of regulated and infrastructure businesses with ambitious growth
E.ON Group Sustainability Energy Networks Customer Solutions Non-Core Financials E.ON combines stability of regulated and infrastructure businesses with ambitious growth Unique positioning with customer-centric energy infrastructure and solutions Up-stream and Power and gas Customer power generation
Slide 4: E.ON business units
E.ON Group Sustainability Energy Networks Customer Solutions Non-Core Financials E.ON business units Energy Networks Customer Solutions Corporate Functions Non-Core Germany Germany PreussenElektra Sweden UK Turkey Generation4 CEE1 & Turkey2 Netherlands / Belgium Other3 1. E.ON operates Energy Networ
Slide 5: E.ON's two core businesses
E.ON Group Sustainability Energy Networks Customer Solutions Non-Core Financials E.ON’s two core businesses Energy Networks Customer Solutions ~€35bn Regulated Asset Base1 ~51m customers across Europe3 Germany €22.8bn Germany 14.4m Sweden €4.8bn UK 10.5m CEE & Turkey2 €7.4bn Other ~26.6m3 ~80 GW Ren
Slide 6: E.ON's Board of Management
E.ON Group Sustainability Energy Networks Customer Solutions Non-Core Financials E.ON’s Board of Management Leonhard Birnbaum Marc Spieker Thomas König Patrick Lammers Victoria Ossadnik Chief Executive Officer Chief Financial Officer Chief Operating Officer – Chief Operating Officer – Chief Operatin
Slide 7: E.ON Supervisory Board Shareholder representatives
E.ON Group Sustainability Energy Networks Customer Solutions Non-Core Financials E.ON Supervisory Board Shareholder representatives Klaus Fröhlich Dr. Rolf Martin Schmitz Born 1960, German Born 1957, German Member since 2018 Member since 2019 Expert in brand and product strategies and Extensive mana
Slide 8: E.ON Supervisory Board Employee representatives
E.ON Group Sustainability Energy Networks Customer Solutions Non-Core Financials E.ON Supervisory Board Employee representatives Eugen Gheorghe Luha René Pöhls Born 1957, Romanian Born 1970, German Member since 2012 Member since 2019 Profound expertise in the gas business Expert in network operation
Slide 9: Content
E.ON Group Sustainability Energy Networks Customer Solutions Non-Core Financials Content 1 E.ON Group 2-8 2 Sustainability 9 - 15 3 Energy Networks 16 - 51 4 Customer Solutions 52 - 69 5 Non-Core 70 - 80 6 Financials 81 - 85 9
Slide 10: Climate targets and progress on GHG emissions
E.ON Group Sustainability Energy Networks Customer Solutions Non-Core Financials Climate targets and progress on GHG emissions E.ON‘s progress GHG emissions development (million metric tons) Scope 1 Scope 21 Scope 3 -7% 108.0 100.4 3.3 1.6 1.3 -6% 3.3 41.8 -5% 6.1 5.7 44.2 3.9 3.7 61.3 0.04 0.04 51.
Slide 11: E.ON on its way to achieve ambitious climate targets
E.ON Group Sustainability Energy Networks Customer Solutions Non-Core Financials E.ON on its way to achieve ambitious climate targets E.ON’s carbon footprint E.ON’s targets3 million metric tons 2030 2040 2050 3.9 Scope 1 3.7 -75% -100% 6.1 Scope 2 1 5.7 108.0 Scope 3 -50% -100% 100.4 4 Avoided 99 em
Slide 12: Sustainability performance highly ranked by ESG rating agencies
E.ON Group Sustainability Energy Networks Customer Solutions Non-Core Financials E.ON’s sustainability performance highly ranked by ESG rating agencies Rating: AA Rated on a AAA to CCC scale E.ON listed on High relative performance ESG Risk Rating: 18.2 (low risk) Rated on a 0 to 40+ scale Rank 3 ou
Slide 13: Sustainability KPI – Environmental ambitions
E.ON Group Sustainability Energy Networks Customer Solutions Non-Core Financials Sustainability KPI – Environ- Environmental ambitions mental KPI 2020 2021 Target Scope 1: % -21 -71 CO2 footprint reduction -75 (2030)1 and -100 (2040) Scope 22: % -71 -191 [CO2eq emissions] Scope 3: % -101 -171 -50 (2
Slide 14: Sustainability KPI – Social ambitions
E.ON Group Sustainability Energy Networks Customer Solutions Non-Core Financials Sustainability KPI – Social ambitions Social KPI 2020 2021 Target Diversity: Female executives % 21 21 ≥ 30 by 2030 Index SIF1: 0.09 SIF1: 0.09 ≤ 0.07 by 2025 Health & safety Index LTIF2: 1.5 LTIF2: 2.1 People developme
Slide 15: Sustainability KPI – Governance ambitions
E.ON Group Sustainability Energy Networks Customer Solutions Non-Core Financials Sustainability KPI – Gover- Governance ambitions nance KPI 2020 2021 Target Share of female % 30 30 ≥30 Supervisory Board members Independent Supervisory % 100 100 - Board members1 ESG included in Board - - - From 2022
Slide 16: Content
E.ON Group Sustainability Energy Networks Customer Solutions Non-Core Financials Content 1 E.ON Group 2-8 2 Sustainability 9 - 15 3 Energy Networks 16 - 51 • Germany 23 - 29 • Sweden 30 - 32 • CEE & Turkey 33 - 51 4 Customer Solutions 52 - 69 5 Non-Core 70 - 80 6 Financials 81 - 85 16
Slide 17: Energy Networks at a glance
E.ON Group Sustainability Energy Networks Customer Solutions Non-Core Financials Energy Networks at a glance What we do Energy Networks provides the infrastructure for the new energy world. We manage our power and gas grids in a smart and digitalized way We enable economic growth by connecting n
Slide 18: Energy Networks — Overview
E.ON Group Sustainability Energy Networks Customer Solutions Non-Core Financials Energy Networks — Overview Regulated Asset Base 20211,2 Grid length (‘000 km)3 700 Sweden Germany ∑ Grid length: 1,464 624 €4.8bn €22.8bn ∑ Grid length: 148 ~€35.0bn2 101 140 47 CEE & Turkey Germany Sweden CEE & Turkey
Slide 19: Energy Networks — Geographies
E.ON Group Sustainability Energy Networks Customer Solutions Non-Core Financials Energy Networks — Geographies Regulated Asset Base (RAB) € bn Total RAB1,2 35.0 Germany Sweden CEE3,4 &Turkey4 22.8 4.8 7.4 Power RAB Gas RAB 1. RAB is the value of all distribution assets determined by the regulator. I
Slide 20: Energy Networks — Financial overview
E.ON Group Sustainability Energy Networks Customer Solutions Non-Core Financials Energy Networks — Financial overview Germany Sweden CEE/Turkey1 Total 2 2 €m 2020 2021 2020 2021 2020 2021 2020 2021 3 Adjusted EBITDA 3,628 3,458 529 507 1,029 1,023 5,186 4,988 Adjusted EBIT3 2,182 1,961 371 337 689 6
Slide 21: Energy Networks — Upcoming regulatory periods
E.ON Group Sustainability Energy Networks Customer Solutions Non-Core Financials Energy Networks — Upcoming regulatory periods Poland1 16 -22 23 + Slovakia2 17 - 22 23+ Sweden 20 - 23 24 - 27 Romania 19 - 23 24 - 28 Germany 19 - 23 24 - 28 Hungary3 21 -24 25 - 28 Power Turkey 21 - 25 26 - 30 Czech R
Slide 22: Germany – Upcoming regulatory events
E.ON Group Sustainability Energy Networks Customer Solutions Non-Core Financials Germany – Upcoming regulatory events End of June Q3 January December 31st October Submission of cost Determination of Start of new BNetzA’s Determination of appraisal to efficiency factor power regulatory evaluation rep
Slide 23: Content
E.ON Group Sustainability Energy Networks Customer Solutions Non-Core Financials Content 1 E.ON Group 2-8 2 Sustainability 9 - 15 3 Energy Networks 16 - 51 • Germany 23 - 29 • Sweden 30 - 32 • CEE & Turkey 33 - 51 4 Customer Solutions 52 - 69 5 Non-Core 70 - 80 6 Financials 81 - 85 23
Slide 24: Energy Networks Germany — Business overview
E.ON Group Sustainability Energy Networks Customer Solutions Non-Core Financials Energy Networks Germany — Business overview Germany 2020 2021 2020 2021 Grid length Grid volumes and RAB Power ('000km)1 705 700 Wheeling volumes power (TWh)2 227 235 3 Market share (%) 38 38 Wheeling volumes gas (TWh)
Slide 25: Energy Networks Germany — Concession business
E.ON Group Sustainability Energy Networks Customer Solutions Non-Core Financials Energy Networks Germany — Concession business Very good track record Existing concessions Non-concession- Concession- • The German networks business holds more than 9,000 based RAB3 based RAB concessions with around 25m
Slide 26: Energy Networks Germany — Regulatory environment power & gas
E.ON Group Sustainability Energy Networks Customer Solutions Non-Core Financials Energy Networks Germany — Regulatory environment power & gas Process steps of regulatory system1 Basics Method: Revenue cap (incentive regulation) Regulatory period: 5 years - power: 3rd reg. period: 2019-2023, gas:
Slide 27: Energy Networks Germany — determination of allowed revenue
E.ON Group Sustainability Energy Networks Customer Solutions Non-Core Financials Energy Networks Germany — determination of allowed revenue Power distribution1 - illustration Commentary 2nd regulatory period 3rd regulatory period Reduction of allowed regulatory Allowed capital costs increase due to
Slide 28: Germany — Building blocks of allowed revenues
E.ON Group Sustainability Energy Networks Customer Solutions Non-Core Financials Germany — Building blocks of allowed revenues Schematic illustration for 2021 (power & gas) ~€21.2bn Gas1(New) ~€1.1bn Gas (Old) ~€3.4bn Totex indexed to thereof CPI and subject to ~ €4.0bn power general and individual
Slide 29: Energy Networks Germany — Determination of regulatory returns
E.ON Group Sustainability Energy Networks Customer Solutions Non-Core Financials Energy Networks Germany — Determination of regulatory returns Regulatory returns in German power networks 4th regulatory period1 3rd regulatory period 2 Equity return New assets Old assets2 Total New assets2 Old assets2
Slide 30: Content
E.ON Group Sustainability Energy Networks Customer Solutions Non-Core Financials Content 1 E.ON Group 2-8 2 Sustainability 9 - 15 3 Energy Networks 16 - 51 • Germany 23 - 29 • Sweden 30 - 32 • CEE & Turkey 33 - 51 4 Customer Solutions 52 - 69 5 Non-Core 70 - 80 6 Financials 81 - 85 30
Slide 31: Energy Networks Sweden — Business overview
E.ON Group Sustainability Energy Networks Customer Solutions Non-Core Financials Energy Networks Sweden — Business overview 1 Sweden 2020 2021 2020 2021 Grid length Grid conduct Power ('000km) 139 140 Wheeling volumes power (TWh) 35 37 Market share (%) 25 25 Wheeling volumes gas (TWh) 2 Gas ('000km)
Slide 32: Energy Networks Sweden — Regulatory environment power
E.ON Group Sustainability Energy Networks Customer Solutions Non-Core Financials Energy Networks Sweden — Regulatory environment power Overview Key cost factors Basics • Regulatory return (WACC) on RAB (pre-tax, real): 2.35%3 • Method: Revenue cap • RAB set once a period by the regulator based on st
Slide 33: Content
E.ON Group Sustainability Energy Networks Customer Solutions Non-Core Financials Content 1 E.ON Group 2-8 2 Sustainability 9 - 15 3 Energy Networks 16 - 51 • Germany 23 - 29 • Sweden 30 - 32 • CEE & Turkey 33 - 51 4 Customer Solutions 52 - 69 5 Non-Core 70 - 80 6 Financials 81 - 85 33
Slide 34: Energy Networks Czech Republic — Business overview
E.ON Group Sustainability Energy Networks Customer Solutions Non-Core Financials Energy Networks Czech Republic — Business overview 1 Czech Republic 2020 2021 2020 2021 Grid length Grid conduct Power ('000km) 66 67 Wheeling volumes power (TWh) 14 15 Market share (%) 28 27 Wheeling volumes gas (TWh)
Slide 35: Energy Networks Czech Republic — Regulatory environment power
E.ON Group Sustainability Energy Networks Customer Solutions Non-Core Financials Energy Networks Czech Republic — Regulatory environment power Overview Key cost factors Basics Capex • Method: Revenue cap • Regulatory return (WACC) on RAB (pre-tax, nominal): 6.54% • Regulatory period: 2021-2025 • Dep
Slide 36: Energy Networks Czech Republic — Regulatory environment gas
E.ON Group Sustainability Energy Networks Customer Solutions Non-Core Financials Energy Networks Czech Republic — Regulatory environment gas Overview Key cost factors Basics Capex • Method: Revenue cap • Regulatory return (WACC) on RAB (pre-tax, nominal): 6.43% • Regulatory period: 2021-2025 • Depre
Slide 37: Energy Networks Hungary — Business overview
E.ON Group Sustainability Energy Networks Customer Solutions Non-Core Financials Energy Networks Hungary — Business overview 1 Hungary 2020 2021 2020 2021 Grid length Grid conduct Power ('000km) 133 84 Wheeling volumes power (TWh) 36 26 Market share (%) 81 50 Wheeling volumes gas (TWh) 15 16 2 Gas (
Slide 38: Energy Networks Hungary — Regulatory environment power
E.ON Group Sustainability Energy Networks Customer Solutions Non-Core Financials Energy Networks Hungary — Regulatory environment power Overview Key cost factors Basics Capex • Method: Price cap1 • Regulatory return (WACC) on RAB (pre-tax, real): 3.36% • Regulatory period: 2021-20242 • Annual adjust
Slide 39: Energy Networks Hungary — Regulatory environment gas
E.ON Group Sustainability Energy Networks Customer Solutions Non-Core Financials Energy Networks Hungary — Regulatory environment gas Overview Key cost factors Basics Capex • Method: Price cap • Regulatory return (WACC) on RAB (pre-tax, real): 3.24% • Regulatory period: 2021-20251 • Annual adjustmen
Slide 40: Energy Networks Poland — Business overview
E.ON Group Sustainability Energy Networks Customer Solutions Non-Core Financials Energy Networks Poland — Business overview 1 Poland 2020 2021 2020 2021 Grid length Grid conduct Power ('000km) 18 18 Wheeling volumes power (TWh) 7 8 Market share (%) 2 2 Wheeling volumes gas (TWh) - Gas ('000km) - RAB
Slide 41: Energy Networks Poland — Regulatory environment power
E.ON Group Sustainability Energy Networks Customer Solutions Non-Core Financials Energy Networks Poland — Regulatory environment power Overview Key cost factors Basics Capex • Method: Price cap + regulatory account from 2021 • Risk free rate and WACC set yearly (pre-tax, nominal ): 4.68% for 2022 •
Slide 42: Energy Networks Romania — Business overview
E.ON Group Sustainability Energy Networks Customer Solutions Non-Core Financials Energy Networks Romania — Business overview 1 Romania 2020 2021 2020 2021 Grid length Grid conduct Power ('000km) 82 83 Wheeling volumes power (TWh) 6 6 Market share (%) 17 17 Wheeling volumes gas (TWh) 27 29 2 Gas ('00
Slide 43: Energy Networks Romania — Regulatory environment power
E.ON Group Sustainability Energy Networks Customer Solutions Non-Core Financials Energy Networks Romania — Regulatory environment power Overview Key cost factors Basics Capex • Method: Price cap tariffs basket with actual volume acceptance (1 year time lag)1 • Regulatory return (WACC) on RAB (pre-ta
Slide 44: Energy Networks Romania — Regulatory environment gas
E.ON Group Sustainability Energy Networks Customer Solutions Non-Core Financials Energy Networks Romania — Regulatory environment gas Overview Key cost factors Basics Capex • Method: Revenue cap1 • Regulatory return (WACC) on RAB (pre-tax, real): 6.39% plus 1pp or 2pp5 • Regulatory period: 2019-2023
Slide 45: Energy Networks Slovakia — Business overview
E.ON Group Sustainability Energy Networks Customer Solutions Non-Core Financials Energy Networks Slovakia — Business overview Slovakia 1,2 2020 2021 2020 2021 Grid length Grid conduct Power ('000km) 62 62 Wheeling volumes power (TWh) 13 14 Market share (%) 69 69 Wheeling volumes gas (TWh) - Gas ('00
Slide 46: Energy Networks Slovakia — Regulatory environment power
E.ON Group Sustainability Energy Networks Customer Solutions Non-Core Financials Energy Networks Slovakia — Regulatory environment power Overview Key cost factors Basics Capex • Method: Price cap • Regulatory return (WACC pretax, nominal) on RAB: set annually; 5.65% for • Regulatory period: 2017-202
Slide 47: Energy Networks Turkey — Overview
E.ON Group Sustainability Energy Networks Customer Solutions Non-Core Financials Energy Networks Turkey — Overview Enerjisa Enerji (networks & retail): Free float #1 Distribution network operator by grid length 40% 40% #1 Energy supplier by customer number 20% Istanbul 2.3 310,000 km 10.3m retai
Slide 48: Energy Networks Turkey — Financial overview
E.ON Group Sustainability Energy Networks Customer Solutions Non-Core Financials Energy Networks Turkey — Financial overview 1 Enerjisa Enerji (networks & retail) 2020 2021 Revenues (TRY m) 21,757 30,548 EBITDA + capex reimbursement 2 (TRY m) 4,684 7,600 Net Income (TRY m) 1,088 2,282 3 E.ON share 4
Slide 49: Energy Networks Turkey — Business overview
E.ON Group Sustainability Energy Networks Customer Solutions Non-Core Financials Energy Networks Turkey — Business overview Networks1 2020 2021 Retail 2020 2021 2,3 Power grid length ('000km) 236 310 Power sales (TWh) 34.0 35.8 Market share (%) 2 20 24 Market share (%) 5 14 14 Wheeling Power (TWh) 4
Slide 50: Energy Networks Turkey — Regulatory environment power
E.ON Group Sustainability Energy Networks Customer Solutions Non-Core Financials Energy Networks Turkey — Regulatory environment power Overview Key cost factors Basics Capex: • Method: Revenue cap • Regulatory return (WACC) on RAB (pre-tax, real): 12.3%1 • Regulatory period: 2021-2025 • Capex reimbu
Slide 51: Energy Networks Turkey — Regulatory environment retail
E.ON Group Sustainability Energy Networks Customer Solutions Non-Core Financials Energy Networks Turkey — Regulatory environment retail1 Retail Partially liberalized energy market Evolution of market liberalization - eligibility threshold Above a certain consumption threshold, customers can (MWh p
Slide 52: Content
E.ON Group Sustainability Energy Networks Customer Solutions Non-Core Financials Content 1 E.ON Group 2-8 2 Sustainability 9 - 15 3 Energy Networks 16 - 51 4 Customer Solutions 52 - 69 • Energy Retail 57 - 64 • Energy Infrastructure Solutions 65 - 69 5 Non-Core 70 - 80 6 Financials 81 - 85 52
Slide 53: Customer Solutions – Business overview
E.ON Group Sustainability Energy Networks Customer Solutions Non-Core Financials Customer Solutions – Business overview Energy Retail Decentral Infrastructure New Business Energy Sales Energy Infrastructure eMobility Infrastructure Supply of electricity and gas Solutions (EIS) Operating charging Inn
Slide 54: E.ON's market position in Energy Retail
E.ON Group Sustainability Energy Networks Customer Solutions Non-Core Financials E.ON’s market position in Energy Retail Top 3 Customer accounts1,2 Thereof: electricity customers1,2 million million +3% 38.8 39.9 Top 2 +3% 11.7 12.0 6.2 6.3 51.3 2.1 2.2 49.9 10.1 10.3 Top 5 Top 1 Top 1 8.6 9.1 13.9 1
Slide 55: Customer Solutions — Operational overview
E.ON Group Sustainability Energy Networks Customer Solutions Non-Core Financials Customer Solutions — Operational overview Electricity sales Gas sales TWh1 TWh1 196 5% 188 189 156 120 116 111 92 94 77 82 74 69 69 20 19 2020 2021 2020 2021 2020 2021 2020 2021 2020 2021 2020 2021 2020 2021 2020 2021 O
Slide 56: Customer Solutions — Financial overview
E.ON Group Sustainability Energy Networks Customer Solutions Non-Core Financials Customer Solutions — Financial overview Adj. EBITDA1 2021 by customer segment € bn ~0.5 1.5 ~1.0 Energy retail2 Energy Infrastructure Solutions (EIS) Germany UK NL / Belgium Other4 Total t/o EIS 2,3 € bn 2020 2021 2020
Slide 57: Content
E.ON Group Sustainability Energy Networks Customer Solutions Non-Core Financials Content 1 E.ON Group 2-8 2 Sustainability 9 - 15 3 Energy Networks 16 - 51 4 Customer Solutions 52 - 69 • Energy Retail 57 - 65 • Energy Infrastructure Solutions 66 - 69 5 Non-Core 70 - 80 6 Financials 81 - 85 57
Slide 58: Energy Retail — Germany and UK
E.ON Group Sustainability Energy Networks Customer Solutions Non-Core Financials Energy Retail — Germany and UK Germany 2020 2021 UK 2020 2021 Power sales (TWh) 196.2 188.0 Power sales (TWh) 76.6 91.8 2 # of E.ON customers - power (m) 11.7 12.0 # of E.ON customers - power (m) 5.5 5.5 # of customers
Slide 59: Energy Retail — Netherlands and Italy
E.ON Group Sustainability Energy Networks Customer Solutions Non-Core Financials Energy Retail — Netherlands and Italy The Netherlands 2020 2021 Italy 2020 2021 Power sales (TWh) 20.3 19.3 Power sales (TWh) 9.8 7.4 # of E.ON customers - power (m) 1 2.2 2.2 # of E.ON customers - power (m) 0.4 0.4 # o
Slide 60: Energy Retail — Sweden and Poland
E.ON Group Sustainability Energy Networks Customer Solutions Non-Core Financials Energy Retail — Sweden and Poland Sweden 2020 2021 Poland 2020 2021 Power sales (TWh) 13.7 14.0 Power sales (TWh) 5.5 5.5 # of E.ON customers - power (m) 0.8 0.8 # of E.ON customers - power (m) 1.0 1.0 1 2 # of customer
Slide 61: Energy Retail — Czech Republic and Hungary
E.ON Group Sustainability Energy Networks Customer Solutions Non-Core Financials Energy Retail — Czech Republic and Hungary Czech Republic 2020 2021 Hungary 2020 2021 Power sales (TWh) 16.3 15.0 Power sales (TWh) 25.8 23.0 # of E.ON customers - power (m) 1.0 1.1 # of E.ON customers - power (m) 2 2.7
Slide 62: Energy Retail — Romania and Slovakia
E.ON Group Sustainability Energy Networks Customer Solutions Non-Core Financials Energy Retail — Romania and Slovakia 3 Romania 2020 2021 Slovakia 2020 2021 Power sales (TWh) 4.7 4.6 Power sales (TWh) 9.3 9.5 # of E.ON customers - power (m) 1 1.5 1.5 # of E.ON customers - power (m) 1.3 1.5 4 # of cu
Slide 63: Energy Retail — Croatia
E.ON Group Sustainability Energy Networks Customer Solutions Non-Core Financials Energy Retail — Croatia 1 Croatia 2020 2021 Power sales (TWh) 0.8 0.9 # of E.ON customers - power (m) 0.1 0.1 # of customers total market - power (m) 2.0 2.0 Gas sales (TWh) 0.0 1.0 # of E.ON customers - gas (m) 0.04 0.
Slide 64: Energy Retail — Future Energy Home
E.ON Group Sustainability Energy Networks Customer Solutions Non-Core Financials Energy Retail — Future Energy Home Market leading position in several European markets with ~71,000 Home Home Heating Solutions installed in 2021 Heating Heat pump share more than doubled and ~2m active service contract
Slide 65: Energy Retail — eMobility Solutions
E.ON Group Sustainability Energy Networks Customer Solutions Non-Core Financials Energy Retail — eMobility Solutions Market leading in eMobility in core markets Germany, Denmark and Sweden ~24,000 charging solutions sold in 2021 to B2C and B2B customers1 Strong partner for charging solutions with OE
Slide 66: Content
E.ON Group Sustainability Energy Networks Customer Solutions Non-Core Financials Content 1 E.ON Group 2-8 2 Sustainability 9 - 15 3 Energy Networks 16 - 51 4 Customer Solutions 52 - 69 • Energy Retail 57 - 65 • Energy Infrastructure Solutions 66 - 69 5 Non-Core 70 - 80 6 Financials 81 - 85 66
Slide 67: Energy Infrastructure Solutions – Strong footprint across Europe
E.ON Group Sustainability Energy Networks Customer Solutions Non-Core Financials Energy Infrastructure Solutions – Strong footprint across Europe Serving >1.5m customers in Europe # of plants across 15 countries ~4,100 Revenue EBITDA €bn €bn Heat, cooling, steam 2.6 networks 2.0 ~5,000 km 0.48 0.34
Slide 68: EIS provides energy solutions to four customer segments
E.ON Group Sustainability Energy Networks Customer Solutions Non-Core Financials EIS provides energy solutions to four customer segments based on three business models Our portfolio Customer segments Cluster for decarbonization solutions Heat Cooling Real estate Commercial City-quarter solutions bas
Slide 69: Energy Infrastructure Solutions in figures
E.ON Group Sustainability Energy Networks Customer Solutions Non-Core Financials Energy Infrastructure Solutions in figures Heat networks as part of City Energy Solutions 2020 2021 Energy Infrastructure Solutions (EIS) 2020 2021 Germany On-site Generation (incl. industrial generation) (MW) 1,686 1,7
Slide 70: Content
E.ON Group Sustainability Energy Networks Customer Solutions Non-Core Financials Content 1 E.ON Group 2-8 2 Sustainability 9 - 15 3 Energy Networks 16 - 51 4 Customer Solutions 52 - 69 5 Non-Core 70 - 80 • PreussenElektra 70 - 75 • Turkey Generation 76 - 80 6 Financials 81 - 85 70
Slide 71: PreussenElektra — Business overview
E.ON Group Sustainability Energy Networks Customer Solutions Non-Core Financials PreussenElektra — Business overview What we do: Active and operated by PreussenElektra Shut down PreussenElektra covers our nuclear generation activities in Decommissioning Brunsbüttel Germany Headquarters PreussenEle
Slide 72: PreussenElektra — Decommissioning (Process overview)
E.ON Group Sustainability Energy Networks Customer Solutions Non-Core Financials PreussenElektra — Decommissioning (Process overview) Decommissioning of a nuclear power plant1 Shut down phases 30-40 years 1-3 years 4 years 10-15 years 2 years Service operation and dismantling Post operation and Serv
Slide 73: PreussenElektra — Financial highlights
E.ON Group Sustainability Energy Networks Customer Solutions Non-Core Financials PreussenElektra — Financial highlights Financials Nuclear power sales (TWh) 2020 2021 €m 2020 2021 Owned generation (accounting view) 28.4 30.5 Revenues 1,388 1,632 Purchases 1.4 1.1 Adjusted EBITDA 1 895 1,563 Total po
Slide 74: PreussenElektra — Decommissioning (site overview)
E.ON Group Sustainability Energy Networks Customer Solutions Non-Core Financials PreussenElektra — Decommissioning (site overview) German nuclear power plants shut down Capacity E.ON share Shut down Start of Current Progress of MW % year decommissioning phase decommissioning E.ON as operator Würgass
Slide 75: PreussenElektra — Decommissioning (provisions mechanics)
E.ON Group Sustainability Energy Networks Customer Solutions Non-Core Financials PreussenElektra — Decommissioning (provisions mechanics) Schematic illustration of provision building at E.ON1 Provision utilization for German nuclear €m 709 361 Real discount rate: -2.0% t0 t0 t+1 t+2 t+n 2020 2021 Co
Slide 76: Content
E.ON Group Sustainability Energy Networks Customer Solutions Non-Core Financials Content 1 E.ON Group 2-8 2 Sustainability 9 - 15 3 Energy Networks 16 - 51 4 Customer Solutions 52 - 69 5 Non-Core 70 - 80 • PreussenElektra 70 - 75 • Turkey Generation 76 - 80 6 Financials 81 - 85 76
Slide 77: Generation Turkey — Financial overview
E.ON Group Sustainability Energy Networks Customer Solutions Non-Core Financials Generation Turkey — Financial overview Enerjisa Üretim (Generation & Trading) 50% 50% Enerjisa Üretim (generation & trading) 1 2020 2021 Revenues (TRY m) 9,345 16,439 2 EBITDA (TRY m) 2,383 3,223 Net Income (TRY m) 963
Slide 78: Generation Turkey — Asset overview (1)
E.ON Group Sustainability Energy Networks Customer Solutions Non-Core Financials Generation Turkey — Asset overview (1) Assets Enerjisa Üretim1 Generation Production Start-up Remuneration per Power plant Type Revenue stream capacity (MW) (GWh) year MWh In operation Market prices; Bandırma-I Gas 936
Slide 79: Generation Turkey — Asset overview (2)
E.ON Group Sustainability Energy Networks Customer Solutions Non-Core Financials Generation Turkey — Asset overview (2) 1 Assets Enerjisa Üretim Generation Production Start-up Remuneration Power plant Type Revenue stream capacity (MW) (GWh) year USD/MWh Çambaşı Hydro 44 120 2013 FIT $73 Kavşakbendi
Slide 80: Generation Turkey — Regulatory Environment
E.ON Group Sustainability Energy Networks Customer Solutions Non-Core Financials Generation Turkey — Regulatory Environment Renewables (Feed-in tariff) Incentive framework USD denominated (USD/MWh) • Stable cash flows from USD-denominated feed-in tariffs (for 10 years) • Annual flexibility to opt fo
Slide 81: Content
E.ON Group Sustainability Energy Networks Customer Solutions Non-Core Financials Content 1 E.ON Group 2-8 2 Sustainability 9 - 15 3 Energy Networks 16 - 51 4 Customer Solutions 52 - 69 5 Non-Core 70 - 80 6 Financials 81 - 85 81
Slide 82: Relevant at-equity participations of E.ON
E.ON Group Sustainability Energy Networks Customer Solutions Non-Core Financials Relevant at-equity participations of E.ON E.ON share 1 At equity contribution Company Description % to E.ON result (€ m) 2020 2021 Energy Networks Germany GASAG AG Utility (power, gas, energy services) in the city of Be
Slide 83: E.ON's Financials
E.ON Group Sustainability Energy Networks Customer Solutions Non-Core Financials E.ON’s Financials1 Adjusted EBITDA1 Adjusted EBIT1 €m FY 20202 FY 2021 €m FY 20202 FY 2021 Energy Networks 5,186 4,988 Energy Networks 3,242 2,970 Germany 3,628 3,458 Germany 2,182 1,961 Sweden 529 507 Sweden 371 337 CE
Slide 84: E.ON's Financials
E.ON Group Sustainability Energy Networks Customer Solutions Non-Core Financials E.ON’s Financials1 OCFbIT Investments (cash-effective) €m FY 20202 FY 2021 €m FY 20202 FY 2021 Energy Networks 5,221 4,689 Energy Networks 3,369 3,520 Germany 3,614 3,020 Germany 2,365 2,396 Sweden 612 602 Sweden 353 40
Slide 85: E.ON's Financials
E.ON Group Sustainability Energy Networks Customer Solutions Non-Core Financials E.ON’s Financials1 At-equity contribution to adjusted EBITDA/EBIT1 Profit & Loss €m FY 20202 FY 2021 €m FY 2020 FY 2021 Energy Networks 366 428 Adjusted EBITDA1 6,905 7,889 Depreciation/amortization recognized in Adjust
Slide 86: Appendix
Appendix Facts & Figures 2022 86
Slide 87: Glossary & List of Abbreviations
Glossary & List of Abbreviations AI Artificial Intelligence HS&E Health, Safety and Environment SAIFI System Average Interruption Frequency Index ARO Asset Retirement Obligation HV High Voltage SDG Sustainable Development Goals B2B Business to Business HVAC Heat Ventilation and Air Conditioning SME
Slide 88: 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 agree