E ON : Presentation "Full Year Results 2021"

16th March 2022

#StandWithUkraine

FY 2021 results

Humanitarian crisis affects all of us - E.ON supporting with variety of measures

4 E.ON markets with borders to Ukraine

Support and donations

E.ON supports affected regions and matches donations from employees

Regional support from E.ON entities

E.ON offers direct help for refugees and additional activities especially in Poland, Slovakia, Hungary, Czech Republic and Romania

Energy security in border areas

E.ON to maintain a reliable and affordable access to energy for our customers in the affected regions

E.ON FY 2021 results

~€2 million

donation

PL

SKUkraine

HU

RO

2

Time for action: multiple implications from the war for the E.ON FY 2021 results European energy sector and it's customers

Short-term

Access to gas in situation of shortages

Enough liquidity on European wholesale markets now but tighter situation expected during winter season 2022/2023

Stability of supply

Maintain access to non-gas assets as feasible options to be discussed with politics

Affordability of energy

Ensuring protection of the customers to maintain affordability of energy. Germany: Abolishment of renewables surcharge is right signal

Long-term

Reduce dependency from Russia through diversification of fuel mix

PL

55% of German gas supply stemming from Russian imports

Import more Liquified NaturalSK Gas (LNG)

LNG infrastructure needs to be ramped up and prepared to
HU	RO
also supply green hydrogen

Accelerate energy transition

Digitalization and modernization of energy network infrastructure to absorb increasing demand for renewables connections

3

2021 delivery above expectations despite operational challenges and volatile macro environment

E.ON FY 2021 results

We are the reliable partner for energy infrastructure and solutions

Covid-19

E.ON is the operator of system critical infrastructure and a reliable energy supplier

Floods and storms

E.ON successfully executed disaster management in Germany, Sweden and CEE with minimum power outages

Energy prices

E.ON is the reliable supplier and partner for our customers

2021 with strong delivery

EBITDA €7.9bn

ANIDPS1

€2.5bn€0.49

1. Subject to 2022 AGM approval	4

We successfully progress on our strategic priorities

E.ON FY 2021 results

Growth

Sustainability

Digitalization

• ~€5.3bn investments in 2022 and ~€27bn until 2026
• At least 6% power RAB growth p.a.

• 107m tons avoided CO2 emissions in
  2021
• 97% EU taxonomy aligned capex 2021

•	100,000 smart meters in Germany
•	Investments into digital start-ups to
	broaden our digital ecosystem e.Hub

• Increasing demand for sustainable B2C • Major green gas activities initiated solutions in 2021: >125,000 PV, heating

and charging solutions installed (+25% yoy)

• Successful digitalization of German and

UK retail operations

5