Q3 & 9M Consolidated results October 29, 2021 ene Chile Q3 & 9M 2021 Key highlights and operational performance Chile Paolo Pallotti CEO ene INTERNAL Key highlights of the period Chile Externalities Decarbonization Electrification Sustainable finance | --- | --- | --- | --- | |--------------------------------------------------------------|-------------------------------------------------------------------------|-------------------------------------------------------|----------------------------------------- ...

Financial Data and Key Metrics Changes - For the first half of 2021, adjusted EBITDA reached $454 million, a decrease of 20% compared to 2020 figures [27] - The adjusted net income for the first half of 2021 was $119 million, representing a 45% decline from the previous year [33] - The second quarter adjusted EBITDA was $233 million, down 22% year-over-year [23] Business Line Data and Key Metrics Changes - Energy sales increased by 18% during the first half of 2021, driven by new contracts with three customers, including AngloAmerican [29] - The network business adjusted EBITDA for the second quarter was $35 million, a decrease of 27% compared to the same period in 2020 [31] - The company’s CapEx for the first half of 2021 reached $510 million, primarily focused on renewable capacity construction [22] Market Data and Key Metrics Changes - The aggregated energy distribution reached 7.9 terawatt hours, a 2% increase compared to the previous year [16] - The net overdue debt as of June 2021 was $186 million, a 20% increase year-over-year, affecting over 543,000 clients [19] - Digital interactions increased to 86% from 75% in the same period last year [16] Company Strategy and Development Direction - The company is consolidating its leading position in renewables and driving the energy transition in Chile [7] - Enel Chile is focusing on increasing renewable capacity to reduce exposure to commodity price fluctuations [39] - The company has signed agreements to promote electric mobility and energy efficiency solutions, particularly in the mining sector [10] Management's Comments on Operating Environment and Future Outlook - Management highlighted that the first half results were impacted by non-structural elements such as liquid gas availability and rising commodity prices [8] - The company anticipates a challenging hydrological scenario and commodity availability issues affecting the second half of 2021 [38] - Management expects adjusted EBITDA for the second half of 2021 to be between $0.6 billion and $0.7 billion [38] Other Important Information - Enel Chile was included in the Standard and Poor's IPSA ESG Titled Index, reflecting its commitment to sustainability [9] - The company achieved a FTSE Russell score of 4.0 out of 5.0, up from 3.4 the previous year [10] - The company has initiated a voluntary retirement program, impacting EBITDA by $31 million in the second quarter [21] Q&A Session Summary Question: How do you evaluate the expansion of the transmission system? - Management acknowledged the importance of improving the transmission system and is working on defining a portfolio to avoid bottlenecks [42][44] Question: How is the demand performance in the concession area of Enel Distribución in July? - Management noted a slight recovery in demand but indicated a decrease of 2% to 3% in the concession area compared to the previous year [46] Question: Why is the number of overdue clients decreasing versus the first half of 2020? - Management explained that while the number of clients not paying has not improved, the overdue debt segment has seen an increase among larger clients who are not being cut off due to regulations [50][52] Question: Is Enel evaluating to postpone the closure of Bocamina 2 due to drought? - Management confirmed that there are no plans to change the strategy regarding Bocamina 2, as renewable projects are expected to come online soon [55] Question: What is the hydro generation estimate for the second half of the year? - The company projects around 6.6 terawatt hours of hydro generation for the second half, aiming for a total of approximately 10.4 terawatt hours for the year [59] Question: Can you provide details on the extraordinary effects booked during this period? - The extraordinary effects of $46 million were split into $21 million related to decarbonization and $24 million for the voluntary retirement program [60]

Financial Data and Key Metrics Changes - Enel Chile achieved adjusted EBITDA of over $1.2 billion and net income of $0.6 billion for 2020, aligning with revised guidance [10][13] - The company reported a total CapEx of $921 million for 2020, with a significant increase in development CapEx driven by renewable expansion [55][56] - The adjusted net income for 2020 reached $1.26 billion, a 9% increase compared to the previous year [66] Business Line Data and Key Metrics Changes - The total net production for Q4 2020 increased by 4% to 5.3 terawatt hours, primarily due to improved hydrological conditions [22] - For the full year 2020, net production decreased by 8% to 19.3 terawatt hours, mainly due to lower generation in hydro power plants [24] - The distribution business saw a 29% decrease in adjusted EBITDA for Q4 2020 compared to the same period in 2019, attributed to lower energy consumption due to lockdown measures [62] Market Data and Key Metrics Changes - The Chilean GDP decreased by 6% during 2020, impacting overall demand [7] - Enel Chile remained a net spot buyer in the market, with total purchases of 3.6 terawatt hours during 2020, an increase of 1.2 terawatt hours compared to 2019 [25] - The company reported a 2% decrease in physical sales for the year, primarily due to lower demand from distribution companies [26] Company Strategy and Development Direction - Enel Chile aims to achieve a 64% reduction in direct CO2 emissions by 2023, with a commitment to making 90% of its electricity generation carbon-free [11] - The company has over 1.3 GW of generation projects under construction and a pipeline of more than 14 GW in various stages of development [17] - Enel Chile is focusing on decarbonization and electrification, with plans to consolidate its position in the Chilean market [17][15] Management's Comments on Operating Environment and Future Outlook - Management acknowledged the challenges posed by the COVID-19 pandemic but emphasized the resilience of operations and commitment to client support [8][10] - The company expects modest rainfall in 2021 due to the La Niña phenomenon, which may impact hydrology and generation capacity [30] - Management expressed optimism about the recovery of electricity production and demand in 2021, contingent on the evolution of the pandemic [88] Other Important Information - Enel Chile has been recognized as one of the best-performing ESG companies in Latin America, reflecting its commitment to sustainability [12][16] - The company plans to propose a dividend of approximately $3.9 per thousand shares at the Annual Shareholder Meeting [12] Q&A Session Summary Question: Impact of regulatory changes on profitability - Management indicated that the basic service law will allow clients to extend payment terms, which may influence cash flows and working capital [75][76] Question: Updates on hydrogen opportunities - Management confirmed participation in a pilot project for green hydrogen production, viewing it as a significant opportunity for the business model [79] Question: Outlook for free market evolution - Management noted ongoing discussions regarding the portability law and its potential impact on the free market [80][81] Question: CapEx management to avoid oversupply - Management emphasized a balanced approach to CapEx, focusing on renewable energy and storage systems [99] Question: Gas supply situation in Chile - Management discussed the complexities of gas supply from LNG and Argentina, highlighting seasonal availability challenges [100]

Full Year and Q4 Consolidated results March 1st, 2021 Chile Full Year 2020 Key highlights and targets Paolo Pallotti CEO Chile Key highlights of the period Resilient performance ESG Positioning Shareholders remuneration Decarbonization Chile | --- | --- | --- | --- | |------------------------------------------------------|-----------------------------------------------------------------------------------|------------------------------------------------------------|------------------------------------------- ...

Financial Data and Key Metrics Changes - The adjusted EBITDA for 2020, net of COVID-19 impact, would have reached $866 million, which is $58 million higher than the previous year [58] - The reported net income for the nine months of 2020 was $282 million, with adjusted figures totaling $324 million, reflecting a 16% decrease compared to the same period in 2019 [74] Business Line Data and Key Metrics Changes - The total net production for the nine-month period decreased by 12.1%, amounting to 14 terawatt hours, with 61% of generation coming from renewable sources [44] - Physical energy sales decreased by 5.5% or 1 terawatt hour, primarily due to lower demand from distribution companies related to the termination of regulatory PPAs [48] Market Data and Key Metrics Changes - The lockdown measures significantly impacted electricity demand across various economic sectors, particularly in industrial and commercial segments [18] - The collection rate during 2020 reached 96%, down from historical levels of around 99%, mainly due to the economic situation and regulatory measures [22] Company Strategy and Development Direction - The company is focused on accelerating the development of renewable projects to support economic recovery and has created approximately 3,600 new jobs in construction [16] - The company announced the start of construction for the 204-megawatt Domeyko solar plant and plans to disconnect the Bocamina 1 coal plant by the end of the year [9][30] Management Comments on Operating Environment and Future Outlook - Management acknowledged the ongoing challenges posed by COVID-19 but emphasized the company's operational resilience and commitment to supporting clients [12] - The company expects gradual improvements in demand as regions begin to reopen, with a focus on the green economy and renewable energy [15][18] Other Important Information - The company is participating in a pilot project for green hydrogen production, which is expected to be one of the largest of its kind in Latin America [11][38] - The gross debt increased to $4.15 billion as of September 2020, primarily due to new funding to support CapEx plans [77] Q&A Session Summary Question: Impact of bad debt on working capital - Management indicated that the working capital was significantly impacted by lower collections due to COVID-19, amounting to $99 million, and the energy stabilization mechanism [90] Question: Guidance on EBITDA - Management expressed confidence in meeting the previously provided guidance of $1.2 billion to $1.3 billion for EBITDA, potentially leaning towards the lower end depending on external factors [86] Question: Strategy behind renewable projects - The company is focusing on a portfolio approach for renewable projects, ensuring that they are not linked to single clients, thus minimizing pricing risk [88] Question: Gas sales performance - Management noted that gas sales margins were affected by lower international commodity prices, and they do not expect to achieve the same margins as in the previous year [100] Question: CapEx expectations for the year - Management anticipates that while they may not reach the full CapEx amount planned for the year, they do not foresee a significant gap in investments for ongoing projects [99]

Enel Chile 9M 2020 Consolidated results October, 30th 2020 Chile | --- | --- | --- | --- | --- | --- | --- | |-------|-------|-------|-------|---------|-------|----------------------| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | 9M 2020 | | | | | | | | | | Consolidated results | | | | | | | | Paolo Pallotti | CEO Chile Key highlights of the period Chile COVID-19 Decarbonization Electrification Innovation | --- | --- | --- | --- | |----------------------------------------------|----------------- ...

Enel Chile SA (NYSE:ENIC) Q2 2020 Earnings Conference Call July 28, 2020 10:00 AM ET Company Participants Isabela Klemes - Head, IR Paolo Pallotti - CEO Giuseppe Turchiarelli - Chief Financial, Administration & Control Officer Conference Call Participants Operator Good day, ladies and gentlemen, and welcome to Enel Chile's First Half 2020 Results Conference Call. My name is Olivia, and I will be your operator for today. During this conference call, we may make statements that constitute forward-looking stat ...

Enel Chile H1 2020 Consolidated results July, 28th 2020 | --- | --- | --- | --- | --- | --- | --- | |-------|-------|-------|-------|---------|-------|----------------------| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | H1 2020 | | | | | | | | | | Consolidated results | | | | | | | | Paolo Pallotti | CEO Key highlights of the period Responding to COVID-19 Digitalization Renewables expansion Speed up decarbonization Liquidity Company fully operational and services stable Step ahe ...

Enel Chile S.A. (NYSE:ENIC) Q1 2020 Earnings Conference Call May 5, 2020 10:00 AM ET Company Participants Isabela Klemes - Head of Investor Relations Giuseppe Turchiarelli - Chief Financial Officer Conference Call Participants Enrico Bartoli - MainFirst Rodrigo Mora - Moneda Operator Good day, ladies and gentlemen, and welcome to Enel Chile 1Q 2020 Results Conference Call. My name is Gigi, and I will be your operator for today. Questions will be taken through the webcast chat. This call is made for investor ...

Enel Chile Q1 2020 Consolidated results May, 5th 2020 Key highlights of the period Business continuity Digitalization Corporate Governance Shareholder remuneration Liquidity | --- | --- | --- | --- | --- | |---------------------------------------------------------|-------------------------------------------------------------------|--------------------------------------------------------------|-------------------------------------------------------------------|------------------------------------------------ ...