Fourth Quarter & Full Year

Enel Américas

Consolidated results

February 28th, 2023

Fourth Quarter & Full Year 2022

Consolidated results

Maurizio Bezzeccheri

CEO

Q4 & FY 2022 key highlights

Operational performance

Financial results

Sustainability progress

Corporate simplification

Net production and energy

2022 EBITDA target

71% RES capacity; 73% of

sales up mainly due to

achieved

RES net production

Brazil

FFO improvement on better

2.5 GW RES capacity in

Steady energy distributed

NWC and EBITDA

execution

increase in our perimeter

Group net income impacted

Confirmed as one of the

Strong growth in Enel X and

by asset sales and

best ESG performers in

Retail

impairments

the region

Sale of thermal Gx assets in Argentina announced

CGTF & Enel Dx Goiás sale completed; starting analysis on Enel Dx Ceará sale

SEC1 deregistration

completed

(1) Security Exchange Commission

3

Current scenario

Mixed inflation trends in the region, significant Colombian peso depreciation affects results

Macroeconomic variables1

Local currencies

Inflation4

vs USD

∆% Q43

∆% FY3

December

December

'22 vs '21

'22 vs '21

2021

2022

Argentina

-72%

-72%

50.9%

94.8%

Brazil

6%

4%

10.1%

5.8%

Colombia

-24%

-13%

5.6%

13.1%

Peru

3%

1%

6.4%

8.5%

Costa Rica

4%

-4%

3.3%

7.9%

Guatemala

-1%

0%

3.1%

9.2%

Panama

-

-

2.6%

2.1%

Electricity distributed5

Argentina

5.2%

4.5%

Brazil

1.3%

0.0%

1.0%

Colombia

3.3%

Peru

2.1%

2.2%

∆% Q4

∆% FY

'22 vs '21

'22 vs '21

Collection rate6

∆% December

'22 vs '21

Argentina

96.9%

100.0%

Brazil

99.0%

98.3%

Colombia

101.6%

100.1%

Peru

101.0%

102.2%

2021

2022

FY 2021

FY 2022

∆%

Bad debt

(US$ mn) (345)

(290)

(16.1)%

(1) Source: Central Bank of each country; (2) End-of-period Fx; (3) Average Fx of the period, except for Argentina, which uses end-of-period FX. Panama is a dollarized economy, (4) Last 12 months, (5) Considers

4

a change in methodology for distributed energy in Enel Dx Rio, aligning it to Enel's global policy; (6) Collected income / billed income

Full year results aligned to our strategic actions

1

2

3

4

Continue deployment of RES capacity, supported by a robust pipeline, along with the

analysis of a stewardship model

Reinforce growth of grids to enable the energy transition,

investing in modernization and digitalization

Boost customer centricity, offering new services and products, and leading market

liberalization

Corporate simplification to focus our efforts to strategic countries and assets

5

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Enel Americas SA published this content on 28 February 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 28 February 2023 13:41:33 UTC.