Enel Americas S A : Superintendency approves merger of subsidiaries to form Enel Colombia

INTERNAL

Enel Américas

Santa Rosa 76, piso 15 [e-mail]

COMUNICADO DE PRENSA

SUPERINTENDENCY APPROVES MERGER OF SUBSIDIARIES TO

FORM ENEL COLOMBIA

• The purpose of the merger is to create a more robust company to address with a greater competitive edge and resilience in the energy sector and non- conventional renewable energies.
• The operation considers all of the Enel Group's assets in Colombia, Costa Rica, Panama, and Guatemala.

Santiago, March 2, 2022 - The Colombian Superintendency of Companies approved the merger process involving the companies Emgesa S.A. ESP, Codensa S.A. ESP, Enel Green Power Colombia S.A.S. ESP, and ESSA2 SpA (subsidiaries in Central America) to form a single company by the name of Enel Colombia S.A. ESP. The Company began the respective process to notarize the public deed and register it before the Bogota Chamber of Commerce.

The merger considers all of the Enel Group's assets in Colombia, Costa Rica, Panama, and Guatemala. Moreover, it facilitates the corporate restructuring among Enel Américas (57.345%), Grupo Energía de Bogotá (42.515%), and other minority shareholders (0.140%). This is based on an Investment Framework Agreement signed with the GEB in January 2021.

"We value this approval as a crucial step towards creating a more robust and competitive company to address the challenges presented by the energy transition in the Region. We are convinced that it will allow us to grow based on the pillars of sustainable development, renewable energies, and technological innovation to create value for all," says Maurizio Bezzeccheri, CEO of Enel Americas.

Among the expected benefits for operations are: greater competitive edge in the development of renewable energies, the promotion of electromobility aimed at more sustainable cities, greater resilience in the company's cash flows thanks to greater technological and geographical diversification of assets, access to new development opportunities in Panama, Costa Rica and Guatemala, and convergence into a single business model, offering a proposal of products and services of unified value for customers and users.