Thomas Kusterer Ingo Peter Voigt

25 March 2021

Chief Financial Officer

Head of Finance, M&A and Investor Relations

Key messages

✓ Adjusted EBITDA forecast 2020 achieved

✓ ✓

Moderate COVID-19 impact proves resilient business model

Sustainable finance continues: €500 m Green Subordinated and €1.5 bn sustainable syndicated loan facility

✓

EnBW and bp jointly develop two offshore wind farms in UK (2 x 1.5 GW)

✓ ✓

Climate-neutral by 2035

EnBW 2020 Strategy completed

Investorandanalystconferencecallfullyear2020

EnBW 2020 Strategy completed - Adjusted EBITDA target overachieved

EnBW Strategy 2020 (published in 2013)

2012

Target 2020

Adjusted EBITDA in € bn

2.4

2.4

Investorandanalystconferencecallfullyear2020

Environment targets 2020 - underlining our sustainability commitment

Expand renewable energies to > 40%

Share of renewable energy capacities

Reduce CO2by 15% -20%✓

Compared to 2015 in g CO2 / kWh1,2

2015

Renewable energiesThermal power plants

  • 1 Includes redispatching

  • 2 The CO₂ intensity KPI is calculated excluding nuclear power. Including nuclear power, CO₂ intensity for 2020 is 268 g/kWh (2019: 235 g/kWh).

2020

Investorandanalystconferencecallfullyear2020

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EnBW - Energie Baden-Württemberg AG published this content on 25 March 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 25 March 2021 08:46:01 UTC.