Enel Americas S A : Américas - Corporate Presentation - Novembre 2025

About this update from Enel Americas S.a.

Corporate Presentation November 2025 November 22 nd , 2024 Enel Américas Index Enel Américas at a glance 2025-2027 Strategic Plan Q3 2025 Results Enel Américas at a glance Enel Américas at a glance Ownership structure 2 10.1% 0.8% 6.8% Market Cap 3 USD 10.7 bn 82.3% Enel SpA Institutional investors Chilean Pension Funds Retail Net debt / EBITDA (times) 1.7 0.6 EBITDA (US$ bn) 3.7 3.7 CAPEX (US$ bn) 2.7 2.1 Net Income (US$ bn) 0.9 2.6 1 2023 2024 RES Capacity (GW) 11.8 12.6 RES capacity (%) 98 98 Grid customers (mn) 22.2 22.6 (1) Includes net gain from disposal of Peruvian assets; (2) As of June 30, 2025; (3) August 20, 2025 Pillars and key business drivers Grids Investments tailored to returns , with advocacy playing a key role Continued enhancement of grid resiliency & quality Leverage digitalization and innovation to enable the energy transition Colombia Guatemala Panama Costa Rica Generation Selective capital allocation driven by a weighted risk-reward matrix Reduce spot price exposure to mitigate volatility Brazil Customers Prioritize products and services that can accelerate electrification Deliver quality improvements to improve customer satisfaction Argentina OUR STRATEGIC PILLARS 1 Profitability, flexibility and resilience 2 Efficiency and effectiveness 3 Financial and environmental sustainability 5 2025-2027 Strategic Plan Extreme weather events becoming more frequent… Current environment calls for increasing investments in distribution grids to improve resilience to climate events while enhancing quality, involving all stakeholders in this effort 2023 2024 November - Storm in Sao Paulo 2.1 mn customers affected October - Storm in Sao Paulo Strongest storm in 30 years 3.1 mn customers affected November - Storm in Rio de Janeiro 1.2 mn customers affected May - Storm in Rio Grande do Sul >500k people affected March - Heatwave in Buenos Aires Extended cuts in supply due to high temperatures 7 …and climate change risk adding higher market volatility… Spot price volatility vs reservoirs levels BRL/MWh 800 a Reservoir level 100% 600 200 80% 60% 40% 20% 0% Spot price 400 Reservoir level Price volatility period 0 2021 2022 2023 2024 2025 Brazil 1 COP/kWh 3000 2500 2000 1500 1000 500 0 2021 100% 80% 60% 40% 20% 0% Spot price Reservoir level Price volatility period 2022 2023 2024 2025 Colombia 2 8 (1) Source: CCEE (Brazil) and XM (Colombia); (2) ONS (Brazil, Southeast) and XM (Colombia). (a) Implementation of change in spot price calculation methodology …but LatAm has significant potential for growth in our businesses Share of electricity in final consumption (%) 1 45% RES share in electricity generation (%) 1 Increase in energy consumption is a key driver for Grids ' demand growth… …with renewables playing a key role to supply this energy and advance the energy transition 84% 88% 99% 21% 23% 2023 2025 2050 2023 2025 2050 (1) Source: Energy Transition Roadmaps, promoted by Enel Americas and developed by independent consultants with collaboration of stakeholders. 9 Key drivers Strengthening our focus on Grids as the backbone of our operations, increasing 61% 1 35% increase in our investments vs previous plan 1 … CAPEX 2025-27 Investments increase geographies 1 across all By country By business line 10% 1% 23% USD 7.5 bn 66% 4% 15% USD 7.5 bn 82% Ongoing advocacy on concession renewal focused on improving grids' quality & resilience, maximizing returns Brazil Colombia Argentina C. America Renewables Grids Selective approach to renewable investments driven by a weighted risk-reward matrix Customers (1) Argentina's increase vs previous plan is explained by different base assumptions (2025-27 is included for all years). 10

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