Virtual Investor Day

Strategic Plan 2022-24

Enel Chile
November 29th, 2021
Agenda
Paolo Pallotti, CEO

Market context
2022-24 Enel Chile today
Strategic Plan
Main priorities and strategic actions
Value proposition

Giuseppe Turchiarelli, CFO

Plan in numbers

2022-24 Commercial strategy

Strategic Plan Financial management
Financial targets
Paolo Pallotti, CEO
Closing remarks 1
Market context
 Country overview
Main geographic Main demographic Net ZERO: the
topics1 topics4 unavoidable journey

757
+thousands km2
of land area
19 Total population
million
for Chile

4.3k
+kilometers
Length
from North to
88% Population
urban areas
in

50% Renewable
capacity
South
40% Population in
Metropolitan area as of 20207

Renewable potential 70x Consumption evolution5

compared to current installed Target renewable
capacity2
+1,180 GW
Energy 72 TWh
demand
in 2020
+32%
~95 TWh 80% generation
by 2030
Solar in 2030
Consumption per capita6
+191 GW
Wind 3.3 MWh 4.3 MWh by 2050
+160 Mton +30%
Green Hydrogen 2009 2019
Annual production Coal Power plants
+160 GW
5.5 MWh Consumption per capita
in Europe as of 20196 0% by 2040
Marine Energy3 2.1 MWh Consumption per capita
in LATAM as of 20196

1. Source: Government webpage: https://www.gob.cl/nuestro-pais/; 2. Source: Ministry of Energy (Hydrogen Strategy presentation, 3
Nov/20); 3. Inter-American Development Bank; 4. Source: National Institute of Statistics as of 2020; 5. Source: National Electric Power
Coordinator, PNCP Final Technical Report, July 2021; 6. International Energy Agency; 7. Association Generadoras de Chile
Regulatory framework evolution

Main topics on the agenda

Basic Stabilization
Networks Clients CO2 Tax Storage
Service Energy
tariff review Portability emission Technology
Law Mechanism

4
 Regulatory framework evolution:
Main updates and discussion in the short-term
Electricity Price Stabilization
Networks tariff review Basic Services Law
Mechanism

Total residential clients overdue

Dec 21 Q1 22 H1 22 2022 in the sector1
Distribution Consultant Regulator Expert Tariffs 1,350 Generation companies'
report technical panel decree Mar-20 Aug-21
2020-24 report
USD mn accruals (cap)
Period review # (‘000)
6% (real terms post tax)
Returns
clients 514 728
overdue

341 Q2 Forecasted period by

CNE in which the fund
(USD mn)1 3.1x 2022 shall reach 1,350 USD mn
Apr 21 Aug 21 Dec 21 H1 22
Transmission Consultant Regulator Expert Tariffs
Balance recovery
2020-23
report technical
report
panel decree 110
2027 (at latest)
Period review
7% Returns
(real terms post tax)

Mar-20 Aug-21
1. Source: Sector figures | SEC (2021) – Doc. 14543-03 5
Enel Chile today
 Enel Chile at a glance Better positioned to face

YE 2021 estimates 27.7 TWh

Sales to regulated and free clients1
liberalization of Chilean market
17.3 TWh sales to free clients1

Charging
1.1k points2
Growth through electrification, providing new
services, products and solutions

5.7 GW Leader in renewables and

decarbonization with a diversified portfolio
The largest utility Renewable capacity

in Chile with a
diversified and unique
2.4
Thermal capacity
GW Highly flexible and efficient, based on LNG

portfolio, boosting Million

sustainable growth 2.0 end users
Benchmark in the region in terms
of quality indicators

16.3
Energy distributed3
TWh
Largest company in terms of
energy distributed in Chile

7
1. Energy sold by our generation business line
2. Cumulative figures. Figures includes public, private and e-buses charging points
3. Data only for Enel Distribution concession area; Includes transmission tolls
Main priorities
 Our main priorities

Our commitments to enable … translate into our main priorities for 2022-2024
clients’ needs…

Sound commercial ESG Sustainable and

Affordable and strategy excellence resilient growth
clean energy

Commodity / service ESG reference in the Shield margins

sales growth in the region, fully committed resilience through
Reliable and market to SDG integrated services
safe delivery
Sound sourcing Decarbonization in a Enhancing efficiencies
portfolio to support the just, circular and
growth inclusive approach Asset rotation and
High tech and sustainable finance to
high quality service
Accelerating Green leadership step-up further growth
electrification with new in Chile
solutions for clients
9
Strategic actions
 Our strategic actions

Enhancing the resiliency of our portfolio of

1 assets and commercial strategy

Allocating capital to support commercial growth

2 centered on our clients

Maximizing the value for our clients through

3 electrification

4 Bringing forward Net Zero

11
 Our strategic actions

Enhancing the resiliency of our portfolio of

1 assets and commercial strategy

Allocating capital to support commercial growth

2 centered in our clients

Maximizing the value for our clients through

3 electrification

4 Bringing forward Net Zero

12
Electrification of consumption
Electrification: the pathway for the energy Replacement of firewood
transition heating by electric
devices
% participation of electricity in
energy consumption in Chile1 54% Promoted by the
30% 2050 government
24%
2030
2020
Net incremental electricity in
Chile by 20302 Full electric buildings
Transport Residential Industry
2.4 TWh 5.4 TWh 14.4 TWh Increasing trend in last
years. Boosting
The roadmap towards electrification and new
zero emissions in transport3 electricity uses

2035 2040 2045 Energy efficiency Law

100% of light and 100% of sales of minor 100% of cargo to improve productivity,
medium vehicle sales mobile machinery transportation and
(construction, agricultural intercity buses sales competitiveness and
100% of public and forestry machinery) quality of life
transportation sales
Promoted by the
100% of sales of major government
mobile machinery

1. Study: The roadmap of the Chilean energy sector towards carbon neutrality, 2020, Association Generadoras Chile 13
2. Internal estimates
3. Ministry of Energy: National Electric Mobility Strategy 2021
 Energy transition brings several additional
opportunities for our Company and for our clients…
Main actions

Electrification of the final consumers

- Integrated offering for our
(e-city, e-mobility, e-home)
clients

Expiring PPAs in the market will trigger - Increased presence of

potential opportunities renewables in our portfolio
Energy
Free market size enhancement coming
Transition & - Reduce volatility from
from potential “liberalized clients”
clients’ hydrology and commodities
Empowerment
Decarbonization awareness of the clients, - New technologies
demanding renewable energy and efficiency (storage, H2)
services
- Asset rotation/
Green Hydrogen industry pushing for additional Portfolio enhancing
renewables growth
14
 … to create value in an integrated strategy

Integrated Approach Commercial Strategy Main references

Total Sales (TWh)1

27.7 29.0
Commodities Services
22.6 21.9 19-21 Period: New renewables
long-term PPAs with mining
companies
Product
PPA + &
Services 2019 2020 2021E 2024

Total Services revenues (USD mn)

195.7 20-24 Period: strong growth of
+35 other
companies integrated offering
98.5 110.0
82.7
Beyond Commodity strategy enhances our
offer of products and services.
2019 2020 2021E 2024
1. Includes free and regulated sales 15
 Our strategic actions

Enhancing the resilience of our portfolio of

1 assets and commercial strategy

Allocating capital to support commercial growth

2 centered in our clients

Maximizing the value for our clients through

3 electrification

4 Bringing forward Net Zero

16
 During the last 2 years, we’ve started the construction
of several projects towards a more renewable matrix…
Net Installed Capacity (MW) End of Construction

Azabache 61 Q4 21
First H2 pilot project

Campos del Sol 375 Q4 21

Sol de Lila 161 Q4 21 3.4MW 1.25MW

Domeyko 204 Q4 21 JV with AME (HIF)

.Santiago
Campos del Sol II 398 2022 One of the best wind
conditions due to its
Magallanes proximity to Antarctica
Sierra Gorda 375 2022

Finis Terrae 126 2022

Start of construction
163
+2GW under Valle del Sol 2022 September
2021
construction PMGD / PMGD II 86 2021-2022

Cerro Pabellón III 28 Q4 21

Expected to be operational
Q2 22
Renaico II 144 2022

17
Los Cóndores 150 2023
 … and we continue to boost our portfolio with new
hybrid projects

Campos del Sol II Sierra Gorda La Cabaña Rihue

398 MW 375 MW 106 MW 120 MW

30 MW BESS 30 MW BESS
Use of existing Use of existing Hybrid project Hybrid project
Wind + BESS Wind + BESS
facilities facilities
infrastructure of infrastructure of
Campos del Sol Sierra Gorda Wind South region South region

18
Growth on renewables towards a more resilient
and diversified matrix
Renewable Capacity Capacity by technology Development Renewables
evolution (GW) by 2024 Capex (USD bn)

80%
renewable
+3.3 GW 20% +12%
8.0 2024 vs. 2020 37% 1.7
2% 1.5
+0.4 10.1 GW
5.7 10%
4.7 +2.6 1%

+0.2 30%

+0.2
Hydro Geothermal BESS
2020 2021E 2024 Solar Wind Thermal 2021-2023 2022-2024
Old plan New plan
~ 7k jobs created during the
construction phase
19
 This strategy is supported by an extensive
pipeline to seize future opportunities

Renewables pipeline by technology and maturity (GW)1 Gross Pipeline by region

24%
~3
48%
61% ~10

30%
~21
14%
~7
1%

22%
~2
Gross Pipeline BESS Early stage Mature In Execution

1. Data as of Oct/21; BESS includes storage for around 2.1 GW in Early Stage and around 0.9 GW in mature pipeline 20
 Our strategic actions

Enhancing the resiliency of our portfolio of

1 assets and commercial strategy

Allocating capital to support commercial growth

2 centered in our clients

Maximizing the value for our clients through

3 electrification

4 Bringing forward Net Zero

21
 Grid infrastructure evolution is key to enable
electrification…
Distributed Electricity1 (TWh) Main KPIs Networks Capex
(USD mn)
2021E 2024
+6% End users +11%
2.0 2.2
(mn)
0.55
17.3 0.49
16.3 Losses2 5.2 5.0 32%
(%)
34%

Telecontrol 2,662 2,710

(#)
68%
66%
SAIDI2 168 168
(min)
2021E 2024 2021-2023 2022-2024
SAIFI2 Old plan New plan
1.5 1.5
(#)
Distribution
Transmission
1. Data only for Enel Distribution concession area; Includes transmission tolls 22
2. Includes distribution and transmission business
 … supported by investments focused on our
clients, efficiency and digitization…
Networks Capex
Grid Blue Sky Main digitization KPIs2 (USD mn)1

2021E 2024

High voltage
TECHNOLOGICAL SOLUTIONS

Customer 100% 100% 33%

DIGITAL INFRASTRUCTURE

(%)
centricity
46% 2022-24
Medium voltage 0.5 USD bn
80% 90%
(%)
Networks value
Low voltage
16% 30%
(%)
21%
Operating
performance Clear Efficiency results
Quality & Resiliency
OPEX/ client1 Digitization
58 50
(USD/cl) -14% Connections
1. Includes distribution and transmission business 23
 … with the main goal of improving our client's
journey through new digitalized channels…
Commercial service at a glance Main KPIs Digitization strategy
principles

Our journey in numbers 2021E 2024

Platformization and Clients App 532 760

digitization users (´000#)

Clients' digital
90% 95%
interactions (%)

2 mn 466 24 mn
Clients' care E-Billings 435 795 New Digital Data Driven
Clients Billing
served attendants per year (´000#) Experience Operation

2.8 mn 145 k Digital payments Platformization, Self

Phone calls WhatsApp interactions 77% 85%
per year per year (%) Service and Automation
APP Clients Voice of
www.enel.cl First call
“Enel Clientes Chile” 83 87
resolution (%) Customer 24
 … leveraged on innovative technologies to bring
value added services to all clients
Leading the energy transformation Main Enel X KPIs Electrification 5 (GWh)

2021E 2024
Through e-mobility
Charging Points1-2 3.9x
(public and private) (‘000) 1.1 4.9

First e-truck in Chilean Electric buses1-3

mining industry (‘000) 1.6 2.6
885
Public lighting1 225
340 425
Decarbonizing our (‘000)
2021E 2024
homes
e-Home services4

905k
(‘000) 77.9 203.5
Accumulated
CO2 emission
Lighting our cities in tons avoided by
electrification by 20245
an efficient way

1. Cumulative figures. 2.Public, private and E-buses charging points; 3.Considers E-buses supplied, managed and served by Enel X; 4.Includes 25
assistance services, air conditioning and photovoltaic panels; 5. Accumulated since 2019
 Our strategic actions

Enhancing the resiliency of our portfolio of

1 assets and commercial strategy

Allocating capital to support commercial growth

2 centered in our clients

Maximizing the value for our clients through

3 electrification

4 Bringing forward Net Zero

26
 Net zero emissions is a
win-win strategy for ALL

Our consistent journey…

Paving the
way to a
Decarbonization Speeding up
announcement decarbonization
Boosting
renewables
Zero Coal
capacity
renewable
future 2030

>85%
2019 2020 2021 2022 2024 Renewable
Coal facilities New disconnection dates ~1 GW Disconnection of
closure Bocamina I Bocamina II 80% capacity
up to 2040 December 2020 Additional May 2022 Renewable
Tarapacá renewable
disconnection in Bocamina II capacity capacity
December 2019 May 2022 connected
27
Acceleration of Net Zero supported by
electrification and renewables …

2021E 2023 2024 2040

SCOPE 1
GENERATION
<250 <100 <90 0
Anticipating
(gCO2e/kWh)
our Net zero
Main actions
NET ZERO target to 2040
Coal phase-out by May/22 (from 2050)
Accelerate renewables deployment

Innovation and new technologies (H2, storage) as a mitigator for

Climate Change impact

Pushing electrification of our clients

28
No use of carbon removal
 … all with actions focused in a just and inclusive
approach…

Circular Economy Just Transition

approach towards
decarbonization
Coal unit Closing date

Tarapacá: Dec/19
Repurposing 158 MW
Bocamina I: Dec/20
128 MW

Bocamina II: May/22

350 MW

People 3.0 CO2 avoided1

million tons

~23
USD million
Tax saved2

29
1. Using as base the coal generation of 2019
2. Using as reference the 2019 fiscal year
… reflected in the consistent improvements of our
main ESG scores
ISS ESG FTSE Russell MSCI

AA
4.0 A
B BBB
-B 3.2 3.4
C

EM
2019 2020 2021 2019 2020 2021 2018 2019 2020 4º 2º 1º 1º
Scale from -D to B+ Scale from 0 to 5 Scale from CCC to AAA
2018 2019 2020 2021
As of Feb 2021 As of Jun 2021 As of Aug 2021

MILA
Moody’s ESG Solutions S&P Dow Jones
4º 1º 1º 1º
2018 2019 2020 2021

54 57 84
88 88 2nd time in a row in the
Chile
49 1st place (as a Utility) in
76 MILA (Latin American integrated markets , Chile and 2º 1º 1º 1º
EM (Emerging Market) rankings
2018 2019 2020 2021
2019 2020 2021
Scale from 0 to 100
2018 2019 2020 2021 5th at world utilities
scale
Scale from 0 to 100
30
As of May 2021 As of Nov 2021
Our value
 Our investments are focused on decarbonization and
tailor-made to satisfy our clients’ needs, creating value
Capex by business model and
Total investments (USD bn) Dividend yield (%)
business line

+12% 7 p.p.
1% 9
2.6 21%
2.4
2022-24
7% 2.6 USD bn

71% 3

2021-23 2022-24 2021E 2024

Old plan New plan Renewables Networks
Thermal Enel X

32
1. Using a share price of $33.36/share as of Nov 19th 2021. Payout of 50% as current dividend policy approved by Shareholders’ Annual Meeting
2022-24
Plan in numbers
 New plan investments to improve our portfolio
resiliency
Investments centered on clients’ needs… …focused on SDG goals CAPEX 2022-24 allocation (USD bn)
SDG related 1.0
1%
1% 15% 0.9
6% 1% 0.7
21% 21% 1%
9% 29%
2022-24 2022-24
7% 2.6 USD bn 2.6 USD bn 7%
77%
71% 69%
63%
93%

93% aligned to 2022 2023 2024

Renewables Networks SDGs
Thermal Enel X Renewables Networks
>90% aligned to
Thermal Enel X
EU taxonomy 34
 Generation capex driven by decarbonization
strategy…
Generation CAPEX 2022-24 Renewable's development CAPEX
comparison (USD bn)

Total CAPEX Development CAPEX Add capacity Add capacity

Old plan1 +0.18 New plan1
2% USD bn
14% 11% 6% 11%
Others NCRE 1.7
1.5
85% 78%
3%
2022-24 20% 2022-24
2.0 USD bn 1.7 USD bn 76% 2% 5%
57%

21% 6% 5%
10%
86%
1% 1%
2021-23 2022-24
Development Capex Solar Wind Thermal
+2.4GW Old plan New plan +3.3GW
Hydro Others
NCRE

1. Additional growth capacity by technology vs. 2020 reported figures 35

 … bringing additional flexibility to our portfolio...

Production evolution (TWh) CO2 free production (%) Energy balance (TWh)

+21% +5%
22.9 27.7 27.7 29.0 29.0
19.0 +30 p.p 2024
5.5
6.3
10.6 0.6
3.7 16.5
2.5 17.3
8.0 +92%
22.9
0.7 10.4 19.0
2021E
4.3 10.4 12.5
2.3 1.8 0.0

2021E 2024 +62% 2021E 2024

Coal Oil&Gas Renewables Emission free Production Regulated sales

(Ex - hydro)
Others Purchases third Parties Non regulated sales
CCGT1 Hydro
Net spot
1. Combined Cycle Gas Turbine 36
 V 02
… reflected in generation business line’s EBITDA
improvements
EBITDA evolution over 2021E-2024 (USD bn) Main performance indicators

+34% 2021E 2024 CAGR

PPA price2
(USD/MWh)
72 66 -3%
1.4
-0.03
0.21 EBITDA
1.0 0.16 adjusted1 25 +24%
(USD/MWh)
0.35 48
0.7 EBITDA1
proforma 37 +8%
(USD/MWh)

OPEX/MW
(kUSD/MW)3 30 27 -3%
Adj. 2021E1 Hydro and 2021E Sourcing Growth Others 2024
commodity Proforma
Thermal variable
scenario
Cost (USD/MWh)
62 44 -11%
26% EBITDA margin 38%
Marginal cost
(USD/MWh)4
86 37 -24%
1. Adjusted by decarbonization impairment and Voluntary Retirement Plan: EBITDA: USD 0.06 bn 37
2. Refers only to average energy price, without considering capacity payment.2021 Proforma EBITDA
3. Real figures normalized by the same FX and adjusted by the effect of the voluntary retirement program in the generation business in 2021
4. Average spot price in Quillota 220 kV
 Networks investments to support electrification
and performance
Capex tailored to improve performance and electrification EBITDA evolution over 2021E-2024 (USD bn)

2022-24 | 0.5USD bn
+45%

33% 32% 0.27

0.02
46% 0.03
0.19 0.02 42%
0.02
68%
42%
21%

58%
Quality & Resiliency Distribution 58%
Digitization Transmission
Connections 2021E1 Volume & Quality & Growth Others 2024
Indexation efficiencies

1. Adjusted by Voluntary Retirement Plan: EBITDA: USD 0.01 bn Distribution Transmission 38

 Value services pushing for electrification and value
creation for our clients
Enel X strategy Enel X CAPEX EBITDA evolution over 2021E-2024 (USD mn)

Enabling electrification and

Net-Zero pathways
+110%

B2B 13%
5% 46
- Partner to optimize energy (2)
costs and emissions 2022-24 10
25 USD mn 7
B2C 22 10
- Promote electrification and 82%
cost efficiency thru smart
home solutions
B2B B2C B2G

B2G 2021E1 B2B B2C B2G Other 2024

- Sustainable, smart and
circular city services
1. Adjusted by Voluntary Retirement Plan: EBITDA: USD 1 mn 39
 EBITDA increase in a more conversative hydrology
scenario
EBITDA evolution over 2021-2024 (USD bn) EBITDA Old vs. New Plan 22-23 (USD bn)

+38% -19%

1.7
0.06 3.1
0.25
1.2 (0.5) 2.5
0.16 (0.1)
(0.3) 0.3
0.9 0.35
12.1
TWh/y
9.9
TWh/y

Adj. 2021E1 Hydro and 2021E Sourcing Gx Growth Gx, Networks, 2024 2022-23 Hydrology Spot/ PPAs Others 2022-23
commodity Proforma Dx & Tx efficiency Old Plan Commodities New Plan
scenario & others
Avg. Hydro
1. Adjusted by decarbonization impairment and Voluntary Retirement Plan: EBITDA: USD 0.08 bn 40
2022-24
Commercial strategy
Commercial strategy supported by long-term visibility,
geographic diversification and solid client's portfolio …
Portfolio by off-taker PPAs geographic location PPAs by residual duration

2024
+33%
2020
2020
12% 14% 22%
35% 33%
39%
21.9 26%
TWh 31%
49% 29.0 69% 65%
TWh

43% 17% 13%

Free market & others 32%
Regulated 2024
Mining free market 2022-2025 2026-2030 >2030
North Central South

Continue to increase presence on Geographic diversification to

9 years avg. duration
non-sensitive demand market reduce prices exposure
42
… with conservative management assumptions,
leveraged by portfolio flexibilities
Sources Mix Portfolio Hourly cluster energy Portfolio’s flexibility
(TWh) allocation for 2024
44 44 44 Availability of gas power plants
generation
45 47
27.7 29.0 Increase PPA purchases at
26 Spot price competitive prices
20 (USD/MWh)
New Hydro profile generation,
1,450MW CCGT Var Cost
(USD/MWh)
prioritizing generation during the
15 night
1,212MW ~7GW of renewable in late-stage
77% 81% 10 1,154MW development
5 +180MW of BESS in the plan in
different market locations
0
Energy Energy 23 - 8 hrs 9 - 18 hrs 18 - 23 hrs Short-term conservative hydro
Sold 2021E Sold 2024 scenario included in the plan
Net Spot Firm sources1 Hydro Purchases PPA
Ren. (exhydro) Net Spot 43
1. Own production and PPA purchases
CCGT CCGT MW available
2022-24
Financial management
 Strong cash generation financing our diversification
strategy, with available optionality…
Source of funds allocation 2022-24 Net debt evolution 2021E - 2022 with
Strategic plan scenario (USD bn)1 Asset rotation optionality (USD bn)

2.9x 5.1
3.0 0.3
4.7 0.1
Net Debt/ (0.7) 1.0
EBITDA 2024
(2.6)
Net Debt/
EBITDA
4.8x

(0.6) 0.1
Sources of Incremental Gross Dividends Cash 2021E Sources Gross Dividends 2022 Asset 2022 post
funds debt Capex of Capex Rotation asset
funds rotation

1. Base case assumption (without Asset Rotation) 45

 … supported by sustainable instruments to fund
our growth
Financial flexibility & main ratios Debt maturity by year (USD bn)

YE 2021E YE 2024
3.3
SDG-linked gross 0.9 2.7 CO2 emissions 4% 9% 5% 14%
debt USD bn (gCO2eq/kWh)

2023 2024
Share of sustainable 2.5
finance
19% 52% <100 <90

Avg. term of new

debt (years) 5 9 0.7
0.5
USD denominated 0.2 0.3 0.7 0.8
0.5
debt (over gross debt) 98% 98% 0.2 0.3 0.1
2021 2022 2023 2024 After
% of fixed 2024
gross debt ~85% ~85%
Maturities/Gross debt SDG-Linked
% cost
of debt 4.1% 4.2% 46
2022-24
Earnings evolution
 Earnings recovery supported by growth initiatives
and managerial action
Net Income evolution 2021-24 (USD bn)

37%

0
(0.15)
(0.04)
0.46 (0.10) 0.6
0.5

0.24
0.2

Adj. 2021E1 Hydro and 2021E EBITDA D&A Financial Taxes 2024
commodity proforma charges
scenario

1. Adjusted by decarbonization impairment and Voluntary Retirement Plan: Net income: USD 0.05 bn 48
2022-24
Financial targets
 Strategic plan targets

2021E 2022 2023 2024 CAGR2021-2024

EBITDA1 0.8 - 0.9 1.0 - 1.1 1.4 - 1.5 1.6 - 1.7 +26% / +24%
(USD bn) USD bn USD bn USD bn USD bn

Net Income1 0.2 0.2 - 0.3 0.5 - 0.6 0.6 - 0.7

(USD bn) USD bn USD bn USD bn USD bn
+44% / +52%

Dividend
payout2 30 - 50% 30 - 50% 50% 50%

1. Adjusted by decarbonization impairment and Voluntary Retirement Plan 50

2. Management proposal to be approved in the Annual Shareholders’ Meeting
 Unique Integrated
commercial Enablers of Sustainable
Bringing
integrated strategy
supported by
decarbonization
and forward Net
growth vehicle
with ESG fully
Zero to 2040
utility in solid and electrification in
Chile from 2050
integrated into
diversified strategy
Chile assets

51
2022-2024
Annexes
Annexes
Carbon Neutral certificate

2022 – 24 Financial and Operational annexes

Main assumptions, Macroeconomics and sensitivities
Gross Capex per Business Lines
Generation Installed capacity, production and PPA portfolio

Enel Chile Corporate information

Credit Ratings
Organization Structure
Board of Directors and Management
Assets location
Policies, principles and codes

Investor Relation team & Contact us

53
Carbon Neutral certification

In partnership with GreenerRoadshowstm, we are pleased to announce that this Investor Day
is certified as Carbon Neutral under PAS2060 Certification

54
Main assumptions
Macroeconomics
GDP Demand Growth CPI
(%) (%) (%)

2022 2023 2024 2022 2023 2024 2022 2023 2024

2.7% 3.6% 3.4% 3.4% 3.4% 2.9% 2.5% 2.8% 3.0%

Commodities
Henry Hub Brent
(USD/MMbtu) (USD/bbl)

2022 2023 2024 2022 2023 2024

3.3 3.0 2.7 66.0 63.0 62.0

Marginal costs
Quillota marginal cost Crucero marginal cost
(USD/MWh) (USD/MWh)

2022 2023 2024 2022 2023 2024

61.8 41.5 37.5 49.4 34.0 33.1 55
Main sensitivities for 2022-2024 figures

Annual Impact on 2022-24 EBITDA (USD mn)

+10%

+1%
Genco Sales
Hydrology

~100 ~6
-10%

~(100)

-1%
~(6)

+10% -10%

-10%
GAS ~(10) ~5
Commodities

(Henry Hub) ~15

OIL
~(20) ~15
+10%

(Brent) ~(25)

COAL
~5 ~(5)
(API2) 56
Capex by Business line

Gross CAPEX (USD bn) CAPEX 2022-24 allocation (USD bn)

1.0
0.0
0.2 0.9
Business line 2021E 2022 2023 2024 ∑ 2022-24
0.1 0.0 0.7
Renewables 0.9 0.8 0.6 0.5 1.8 0.2 0.0
0.1 0.2
Thermal 0.1 0.1 0.1 0.1 0.2
0.0
Networks 0.2 0.2 0.2 0.2 0.5
0.8
Enel X 0.0 0.0 0.0 0.0 0.0 0.6
0.5
Others 0.0 0.0 0.0 0.0 0.0

Total 1.2 1.0 0.9 0.7 2.6 2022 2023 2024

Renewables Networks
Thermal Enel X
57
Installed Capacity and Production by Technology

Installed capacity (GW) Production (GWh)

+25% +21%
4% 6%
7% 12% 0% 8%
15% 4% 0%

37%
18%
8.1 44% 10.1 19.0 42% 22.9 46%
GW GW 23% TWh TWh
46%

26% 43%
19%

Coal CCGT Oil&Gas Hydro Renewables

(ex - Hydro + BESS) 58
Generation PPAs portfolio

PPAs profile (TWh) Clients value strategy

Commodities Services
29.6 28.5 29.0
27.7

21.9 Product

50%
63%
63% 62%
57%
PPA’s + &
Services

Integrated offer
50% 37% 38% 43%
37%
Beyond Commodity strategy
enhances our offer of
2020 2021E 2022 2023 2024 products and services.

Regulated Customers Free Market

59
 Credit Rating
Enel Chile and Enel Generación Chile

International market Chilean market

Enel Chile Enel Chile

Standard & Poor’s Moody’s Fitch Ratings Fitch Ratings Feller Rate

Affirmed Apr/21 Affirmed Aug/21 Affirmed Jan/21 Affirmed Jan/21 Affirmed Jun/21

Enel Generación Enel Generación

Standard & Poor’s Fitch Ratings Fitch Ratings Feller Rate

Affirmed Apr/21 Affirmed Jan/21 Affirmed Jan/21 Affirmed Jun/21

60
 Organization structure

Enel Chile shareholders1

64.9%
1.3%
12.1%

Chile
Pension Funds
17.8% Market Cap2
Institutional Investors
3.2 $ bn ADR’s

3.9% Enel SpA

64.9% Others
100.0% 93.5% 99.1% 99.1% 100.0%

Green Power Generación Chile Transmisión Chile Distribución Chile Enel X

1. As of September 30, 2021 61

2. Market cap as of November 22, 2021
 Enel Chile businesses
Largest Utility player in Chile in installed capacity and number of clients
Thermal generation Renewables generation Distribution area
Tarapacá TG
Azabache Finis Terrae Empresa Eléctrica
Atacama Cerro Pabellón Pampa Norte
Domeyko Enel Colina
Valle de los Vientos
D. Almagro Sol de Lila Sierra Gorda Este
Taltal Lalackama I
Lalackama II Campos del Sol
Huasco Taltal
Canela Chañares
Quintero Talinay Oriente
San Isidro Diego de Almagro
Talinay Poniente La Silla
PMGD Los Molles
Rapel Carrera Pinto
Bocamina 2 Bio Bio
Maule
Laja
Renaico
Los Buenos Aires Enel Distribución Chile
Pullinque
Pilmaiquén
Coal
CCGT Hydro 69% of installed
capacity corresponds to
Others Wind renewable resources
Solar
Geothermal

2.4 GW Thermal net installed Capacity 5.4GW Renewable net installed Capacity
End users Indefinite
Coal CCGT Oil & Others Hydro Wind Solar Geothermal
>2 million concession period

0.3GW 1.5 GW 0.6 GW

3.6 GW 0.6 GW 1.1 GW 0.07 GW
62
1. Data as of September 30th 2021
Management of the company
Management Team

P. Pallotti Chief Executive Officer A. Pellegrini Sustainability & Community Relations

G. Turchiarelli Chief Financial Officer R. Puentes Procurement

L. Schnaidt People and Organization A. Barrios Digital Solutions

D. Gomez Regulation M. Rinchi Services & Security

E. Belinchón Internal Audit Karla Zapata Enel X Chile

P. Urzúa Institutional Affairs Officer J. Stancampiano Enel Generación Chile

A. Pinto Safety R. Castañeda Enel Distribución Chile

D. Valdés Counsel
R. Castañeda Enel Transmisión Chile

C. Vera Communication 63
Corporate governance structure

Shareholders’ meeting Audit firm

14% 43%

BoD’s
composition Board of Directors
(7 members)

43%

Non executive Executive

Independent Functions:
Directors Committee
Audit committe
Sustainability committe
Related parties transactions

64
Board composition

Board of Directors Board of Directors’ diversity

Herman Chadwick Chair

29%
Monica Girardi Director 57%
Age Gender
diversity diversity
Isabella Alessio Director 43%
71%

41-50 Over 50 Male Female

Salvatore Bernabei Director

Directors’ Committee (C)

Fernán Gazmuri 43%
Director.
Tenure 57% Nationality
43%
diversity diversity
Directors’ Committee 57%
Pablo Cabrera Director

Directors’ Committee 1-3 years Over 3 years Chilean Italian

Gonzalo Palacios Director

Non executive Executive Independent 65

 CEO’s short-term variable remuneration

Macro objective Objective Type of target

Weight Range

Maximum
Profitability Net Income Chile 25% Economic
120%

Maximum
Financial FFO Chile 15% Financial
120%

Safety in the Maximum

Safety 20% ESG
workplace 120%

Maximum
Business Customers 20% ESG
120%

Maximum
Business Strategy Chile1 20% ESG
120%

66
1. Includes renewables capacity, customer centricity and others.
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
• Diversity Policy
• Privacy and data protection policy

Corporate Governance:
• Corporate Governance practices
• Action protocol in dealing with public officials and public authorities
• Protocol of acceptance and offering of gifts, presents, and favors
• Induction procedure for new Directors
• Procedure for permanent training and continuous improvement of the Board of Directors
• Information procedure for shareholders about the background of candidates for Director
• Habituality policy
• Tax transparency and reporting
• Engagement policy

Sustainability:
• Sustainability and Community Relations Policy
67
• Environmental policy
• Biodiversity conservation
Strategic Plan 2022-2024
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 current expectations of Enel Chile and its management with respect to, among other
things: (1) Enel Chile's business plans; (2) Enel Chile's cost-reduction plans; (3) trends affecting Enel Chile's financial condition
or results of operations, including market trends in the electricity sector in Chile or elsewhere; (4) supervision and regulation of
the electricity sector in Chile or elsewhere; and (5) the future effect of any changes in the laws and regulations applicable to
Enel or its subsidiaries. Such forward-looking statements are not guarantees of future performance and involve risks and
uncertainties. Actual results may differ materially from those in the forward-looking statements as a result of various factors.
These factors include a decline in the equity capital markets of the United States or Chile, an increase in the market rates of
interest in the United States or elsewhere, adverse decisions by government regulators in Chile or elsewhere and other factors
described in Enel Chile's Annual Report and Form 20-F. Readers are cautioned not to place undue reliance on those forward-
looking statements, which state only as of their dates. Enel Chile undertakes no obligation to release publicly the result of any
revisions to these forward-looking statements. This presentation does not constitute a recommendation regarding the
securities of the Company. This presentation does not contain an offer to sell or a solicitation of any offer to buy any securities
issued by Enel Chile or any of its subsidiaries.
68
Strategic Plan 2022-2024
Contact us
Contacts
Email ir.enelchile@enel.com
Phone +56 2 2630 9606

Channels Follow us

Website
Isabela Klemes Enel.cl
Head of Investor Relations Enel Chile

Investor Relations team Mobile App

Catalina González Enel Investors
Claudio Ortiz
Pablo Contreras Download app
Francisco Basauri iOS Android
Monica de Martino - NY Office

69