Enel Chile S A : - ESG Presentation December 2020

Enel Chile

ESG Presentation

Company representatives

Paolo Pallotti

CEO

Enel Chile

Giuseppe Turchiarelli

CFO

Enel Chile

Antonella Pellegrini

Sustainability and Community Relations

Enel Chile

Isabela Klemes

Head of Investor Relations

Enel Chile

Chile

Enel Chile at a glance

Chile

The largest utility

in Chile with a

strong,

4.7	Leader in renewables
	and decarbonization
GW	with a diversified
Renewable Capacity	portfolio

2.5	Highly flexible &
efficient. Based on
GW	LNG

Thermal Capacity

unique and

resilient portfolio,

boosting

sustainable

growth

2.0		Benchmark in the			17.1	Largest company
	region with a
			in terms of energy
	indefinite
Million clients		concession			TWh	distributed in Chile
			Energy distributed1
23.5		Better positioned to			677	Growth through new
			services,
face liberalization of
TWh		Chilean market.			products and
Sales to regulated and				Charging points3	solutions
free clients2		10.8 TWh sales to free clients2

3

1. Enel Distribución total energy sales as of December 2019
2. Energy sold by our generation business line as of December 2019
3. As of September 30, 2020

Our journey toward CO2 reduction, reshaping our Company into platform-based business model

Chile

The pathway to

0% Coal generation

Leading the Chilean decarbonization process	Speed up
	decarbonization

Utility as a Platform

Zero Coal

Looking forward

Integrated​offering

Elqui

Project

Enel Chile

creation

	2018
	Enel Green Power acquisition
2016	+1.2 GW of
renewable capacity

Decarbonization announcement

2020

2019	New closure dates
Bocamina I
	December 2020
Coal facilities	Bocamina II
May 2022
closure up to 2040
Tarapacá disconnection in
December 2019

2022	of commodity and
services
0% Coal
capacity by May
2022

4

Chile

Chilean Market Context

5

Transition towards low-carbon energy system (1/2)

The Chilean reality and opportunities

Chile

Decarbonization

Chile on the path toward a

clean generation matrix

Emissions reduction

Total 1.100 MtCO2eq between 2020 - 2030. 95 MtCO2eq as of 2030 and

reach net zero by 2050

Renewable growth in Chile

Generation1	44%	70%	95%
Renewable
% of total	2019	2030	2050
26GW	50%		60%
Total system
Installed capacity	Renewable	Renewable
September 20202	capacity 2020	capacity 2024

Energy efficiency

1. • Law Proposal: -5.5% lower energy consumption by 2030
   • 100% of new buldings with Energy Management controls
2. Source: Ministry of Energy (Hydrogen Strategy Presentation)
3. Source: National Energy Commission

Chilean renewable growth potential

Renewable potential +70x

compared to current installed capacity1

		H2
Solar	Wind	Green
+1,180 GW	+191 GW	Hydrogen
Installed	Installed	+160 Mton
Capacity	Capacity	(Annual production)

North of Chile has the highest solar radiation in the planet

South of Chile wind plants can reach +60% load factors, equivalent to off-shorebest performing wind plants

6

Transition towards low-carbon energy system (2/2)

The Chilean reality and opportunities

Chile

Technological evolution

Digital revolution and new

technologies boosting efficiency

Solar energy costs

-80% (2010 vs 2019)

Litium batteries ($/kWh)

-87% (2010 vs 2019)

Internet Connection

87% of households already have access to internet1

5G Connection

4 auctions already on track1

H2 cost <1.5 US$/Kg2

Cheapest green hydrogen in the world by 2030

Climatization costs

-50% (2010 vs 2019)

Electrification

New energy uses and decarbonization

will increase energy consumption

Energy	~80 TWh +45%	+202%
3
demand	Estimated energy	~116 TWh	~242 TWh
boosted by	demand in 2020
2030	2050
decarbonization

E-Mobility2

100% of public transportation will be electric by 2050

40% of private vehicles will be electric by 2050

Electrification3

Chile´s	Carbon	24%	30%	54%
neutrality boosting
the	rate of	2020	2030	2050

electrification

7

1. Source: Ministry of Transports & Telecommunications
2. Source: Ministry of Energy (Hydrogen strategy presentation)
3. Source: Generadoras Chile

Chile

Value proposition

8

Our mission

Chile

Commitment to creating long term share value with the local communities

Leading the decarbonization process with no coal production by mid-2022

Boosting energy transition through Enel X business and innovation.

Seeking a sustainable future through the

UN SDGs commitment

9

Sustainable business model, driving change

through growth accelerators…

Chile

2021 - 2023

Sustainability Plan

1

2

		Sustainability
	SDGs Enel Group	indexes
Country inputs
National context		3
Materiality

Determined National Contribution

*

10

* Growth accelerators include innovation, cyber security, digital supports, circular economy and sustainable finance

Open

power

for a brighter

future:

We empower

sustainable

progress

…Backbone by a solid sustainable

long-term strategy process…	Chile

Sustainability

planning process

		Environmental1			Social1			Governance1
				•	People we work with
	•	Decarbonization			•	ISO 37001
	•	Electrification		•	Community Engagement		•	Human Right
	•	Circular business		•	Just Transition		•	Cybersecurity
	•	Circular cities		•	Health & Safety		•	Sustainable supply chain
1. Main indicators of each category						11

Governance

• and consolidated Governance practices and policies…

Chile

as a

backbone

of our

strategy

Integrity in our core

Ethical code

Zero Tolerance Plan for Corruption

Global Compliance

Program on Corporate

Criminal Liability

Human Rights policy

Criminal Risk

Prevention Model

We take care of transparency

and privacy protection

Tax transparency and reporting

Compliance Program for Free Competition Regulations

Habituality policy

Privacy and data protection policy

We care about the environment communities, and our workers

Sustainability and

Community Relations

Policy

Environmental policy

Biodiversity conservation policy

Diversity Policy

12

• reflecting in the sharp improvements of our main ESG scores

Chile

MSCI1

	A
BBB
2018	2019

Scale from CCC to AAA

Sustainalytics

2019	2020
	26.2
30

De-risking

Scale from 100 to 0

FTSE Russell1

	3.2
2.7
2018	2019

Scale from 0 to 5

SAM ESG Rating

		88
	84
76
2018	2019	2020

Scale from 0 to 100

1st Company in

EM

Indexes and ratings

Mila

Chile

13

1. 2020 scores not yet reported

With Capex allocation with direct
impact on SDGs…	Chile

CAPEX by SDG 2021-23

Circular economy

VALUE &

SUSTAINABLE

GROWTH

2%

US$

20%	2.2 bn

Capex related to

SDGs 71%

93% Capex aligned to SDGs

Fog collection

in PV plants

Reverse logistic

service for network

materials

Reuse of concrete

from damaged poles

PV modules and EV

Chargers integrated in

building from design

Circular management of

wastewater in San Isidro

14

…Delivering value for ALL

					Chile
			Society	Environment
	Shareholders

Cumulated Temporary Job

DPS (US$/sh '000)1

creation deploying new

renewable capacity

	5.1	4.6K	5.8K
3.7		2020E	2023
		Just transition - Tarapacá
		Workers reallocated in different	76%
		business lines4
2020E 1	2023	Just transition - Bocamina
		phase out acceleration

CO2 Emissions reduction (gCO2/KWh)

204

<100

2020E

2023

Coal production/total

2020E2023

10%0%

EPS2	7.4		10.2
(US$/'000)
Dividend
5.6%		6.6%
yield3

2021-2023

Initiatives to support the growth of

Micro and Small Enterprises in local ~ US$ 3 mn communities

~700 SME can access these funds on yearly basis

Circular economy approach

Reducing PV	~30%
cleaning cost

1. 2020E adjusted by decarbonization impairment

2.

DPS and EPS calculated with the total number of shares of Enel Chile as of September 30, 2020: 69,166,557,219

15

1. 2020E Share Price value as of November 30, 2020 (53.07 CLP/Sh)
2. 24% of collaborators decided voluntary to left the Company.

Chile

1. Energy transition

16

Decarbonization

Energy Transition leader in Chile, fostering the
decarbonization…	Chile

Strategic actions		Renewables growth (GW)	2023 Net installed capacity

Support profitability through					23%
de-risking our matrix					Thermal	7%
				>85%	0%	16%	38%
Solid pipeline to enable		2.4		coal
					9.2 GW
continue value creation				Renewable
			Capacity
			7.1				77%
	4.7
Ready for the future though	1.5x					renewable
				39%
the development of new
technologies (storage, H2)	9M 2020	Capacity	2023	2030E
		Hydro
		additions
Digital solutions to support						Wind, Solar, Geothermal, BESS
maintenance processes	+1.3 GW in construction in 2020		CCGT
						Oil&Gas	17

Decarbonization

		… supported by a robust pipeline and new
		technologies development…	Chile
		Renewables pipeline (GW)		H2 Pilot project

	GENERATION	STORAGE
					First pilot project for green
					hydrogen production in Chile
	5.4
13.8					JV with AME and prospective
	4.6			partners
			1.2
					Electrolyzer fueled by wind
				2.6	energy
Gross Pipeline	Early stage	Mature Pipeline	BESS 2	In execution
1	pipeline				Magallanes
					One of the best wind
			+		conditions due to its
				proximity to Antartica

1. As of October 31°, 2020. It excludes 0.1 GW of storage capacity in execution

2. C. 40% Mature and c. 60% Early stage

18

Decarbonization

• backboned by our coal phase-out strategy

Coal capacity evolution (GW)

Chile

2020E 2022 2023

0.5
	0.4		Coal phase out
		May 2022
		0.3
2017	2019	2020E	2022

Coal production (TWh)

Coal production on total

Coal emissions (mn ton CO2)

Plants YE1 (#)

2.0		0.1		-

10% 0.7% -

1.8 0.1-

1--

1. Includes Bocamina 1 and Bocamina II Power Plant, that will be disconnected by December 2020 and May 2022 respectively

19

Decarbonization

To be fully decarbonize by 2050

Chile

CO2 equivalent specific emissions, gCO2/kWh

-64%

																	FULL
																	DECARBONIZATION
		278
Scope 1		228
					204
(gCO2/kWh)
												<100
		2017		2019				2020E	2023		2050
Emissions free
	57%				66%				67%				~90%
production

20

Networks

Improvements in the quality and resilience of our

networks

Chile

Strategic actions		Key business drivers		Main KPIs

Ensuring the highest level of

quality and efficiencies

Improving clients journey and

interactions

Leveraging on digitization, automation and remotization

Supporting clients on the

contingency period

Digitization

Reliability

Efficiency

Resiliency

Flexibility

End users

(mn)

Energy distributed

(TWh)

Telecontrol equipment (#)

SAIDI

(Min)

Clients Digital Interactions (%)

Energy Losses

(%)

Opex/client¹

(US$ thousands /client)

2020E 2023

2.0 2.1

15.8 16.9

~2,450 >2,700

191 161

52% 70%

5.2 5.0

5749

21

1. Considers clients of the distribution business. Normalized by Inflation and FX

Electrification

To be our clients reference choice, enabling
electrification, decarbonization and share value creation	Chile

Strategic actions

Main KPIs

Promoting electrification, efficiency and sustainability

Integrated​ offeringof

commodity and services

Increasing clients value

through platforms

Stewardship: enablers and orchestrators of electrification

Charging Points1-2

(public and private)

e-Buses4

(#)

Smart lighting1

('000)

e-Home services3

('000)

Electrification1

(accumulated GWh)

2020E 2023

+17k

963 6,110 2030E

+2k

435 1,235 2030E

314 442

102 202

83 881

Recharging

solutions for

Mining sector

Partnership with car

manufacturers

(Volvo-Nissan-BMW)

Partnership with

Enex (Shell) to boost ElectroRuta Project

Partnership

with AMP to boost

Electric public transportation

1. Cumulative figures for 2021-2023 period

22

1. Public and private charging points. Also include e-buses charging points
2. Includes insurance services, air conditioning, and photovoltaic panels
3. Related to the partnership with AMP

2021-2023

Our vision in numbers

Strategic plan at a glance

EBITDA (US$ bn)		Net Income (US$ bn)

CAPEX (US$ bn)

Chile

Net debt/EBITDA

+38%

	1.6
1.2
2020E	2023

	EBITDA
36%1	43%
Margin

+38%
	0.7
0.5
2020E 1	2023

	-7%
2.5	2.4
2020-22	2021-23

	-1.2x
3.1
	1.9
2020E	2023

78% FFO/ 88%

EBITDA

1.

Adjusted by decarbonization impairment: EBITDA: US$ 0.04 bn and Net Income: US$ 0.6 bn

24

Capex allocation focusing on de-risk margins and accelerating the electrification

Chile

Total Capex 2021-23

Capex development by business line

1%

2.4

20%

2.4 72%

	Capex allocation by
1%			year
5%		2021		59%
4%	1.7

21%	US$ bn	70%
	8%

Renewables	Thermal
Networks	Enel X

US$ bn

8%

Asset development

Asset management

Customers

US$ bn	90%
2022	25%

2023 16%

Renewables	Thermal
Networks	Enel X

25

Main strategic actions, to reach sustainable EBITDA
growth by 2023	Chile
EBITDA evolution 2020E-23 (US$ bn)

	+2.4GW renewable in operation up to
	2023 and 0% coal production since			+38%
	June/22
actions	Renewables PPAs and energy			0.09	0.02	0.02
	0.32
services addressing clients					1.6
Strategic	sustainability needs
our digital transformation	1.2
	Quality of network driven by
	Foster sustainability of cities and
	electrification	2020E 1	Power	Networks	Enel X	Other	2023
			Generation
1.	Adjusted by decarbonization impairment: EBITDA: US$ 0.04 bn						26

Debt evolution reflects capital allocation dynamics, supported by high cash conversion levels

Chile

Source of funds allocation 2021-23 (US$ bn)

3.8	0.2	4.0	(2.4)

(1.0)

0.7

Sources	Incremental Total Sources Gross capex	Dividends	Cash
of funds	Debt

Net debt evolution (US$ bn)

Net Debt

FFO/EBITDA

-14%

3.3	3.6
3.1

						78%	88%
			58%
		2019			2020E			2023
Cost of
5.2%			4.6%			4.5%
debt
Net debt/
2.2			3.1			1.9
EBITDA
							27

Sound liquidity position, hedged debt and smooth

maturities

Chile

Financial Flexibility & main rations	Debt maturity by year (US$ bn)
YE 2020E	YE 2023	Maturities/Gross Debt

New refinancing

(avg. gross debt)

Avg. term of new debt

(years)

• of US$ denominated debt over gross debt

• of fixed gross debt

Avg. term of debt

years

3.2% 3.5%

5%	12%	6%	3.1

78

99%		99%
					0.48
			0.20		0.25
99%		99%
			2021	2022	2023	After
7		6					2023

28

2021-2023 Sensitivities & Targets

29

2021-2023 Risks & opportunities sensitivities

Annual average EBITDA impact

Chile

Commodities & CPI

Demand (%)

Macroeconomics

		(US$ bn)		(US$ bn)
+10% commodities
	0.01	+1%
		0,01
+1% CPI
-10% commodities	-0.01	-1%	-0,01

-1%CPI

Hydro Generation

Hydro production (TWh)

(US$ bn)

+1TWh

0.04

-1TWh-0.06

30

Visible value creation for our shareholders

										Chile
Plan main drivers	2020E1		2021		2022		2023		CAGR (%)
				2020E-23
EBITDA (US$ bn)		1.2		1.4~1.5		1.4~1.6		1.5~1.7		+9 / +13%
Net income (US$ bn)		0.4~0.6		0.6~0.7		0.6~0.7		0.6~0.8		+11 / +16%
Pay-out ratio2		50%		≥ 50%		≥ 50%		≥ 50%		-

1. 2020E adjusted by decarbonization impairment: EBITDA: US$ 0.04 bn and Net Income: US$ 0.6 bn

31

2. Management proposal to be approved in the AGM

Chile

2. People centricity

32

Responding to COVID-19

Measures to ensure the safety of our people and business continuity

Chile

Our people & OperationOur clientsOur communities

74% 100%	Boosting digitalization	More power
of Enel Chile total	of our plants	to mitigate impacts in	together
collection
personnel	and networks	Supporting out clients
working	in	Several initiatives to face the
remotely1	operation	in this challenge period	contingence together

1. As of November 25, 2020

33

Smart working program

~6x

Chile

74%

of Enel Chile total

personnel

12%17%22%

20172018

The Smart Working or telework program allows employees to work one day a week from their home or another place with a good internet connection and complies with the company's security conditions.

20192020

This initiative makes it possible to reduce emissions due to

transport and provide resilience to the Company in times of crisis, as evidenced by the Coronavirus (COVID- 19) pandemic.

34

Training, development and people care initiatives

Chile

2019 worforce training

22%

48,511

Hours

78%

Men Women

23 Training hours per employe on average

Enel Chile offers its employees a series of training initiatives to provide them with the necessary skills to perform their daily activities, which also contributes to their career development and mobility within the organization.

In 2019, the focus of training programs was placed on digital transformation, the development of leadership skills and cultural change. All Enel Chile employees received training in 2019.

Programs during COVID19

Helping our workers and their families during this tough period through different initiatives,

such as virtual contests, virtual lessons related to a specific hobby or topic

35

Responding to COVID-19

Measures to ensure the safety of our people and business continuity

Chile

Our people & OperationOur clientsOur communities

74% 100%	Boosting digitalization	More power
of Enel Chile total	of our plants	to mitigate impacts in	together
collection
personnel	and networks	Supporting out clients
working	in	Several initiatives to face the
remotely1	operation	in this challenge period	contingence together

1. As of November 25, 2020

36

The needs of clients are

Levels of complexity and new clients needs evolution

Climate change

oriented

	+8 TWh/year since	+50%	Digital
	Interactions
	2019 PPAs 100% renewable
		During 2020

Chile

Digital

clients

evolving constantly

			Clients
			centricity
		Energy as a service		292k Users
		- Partnership with		Downloaded the app
		mining companies	Significant improvement
		- Partnership with Enex	in digital channels	Empowering
Beyond
- Partnership with AMP to
		clients
		to foster e-mobility

commodity

foster public e-mobility

Digital interactions:		Customized offering:		Sustainable offerings
improve customer		beyond commodity,		anchoring fidelization	37
journey		new revenues streams		and cross-selling

Customer centricity

Digitalization to mitigate impacts in collection

Chile

Collection (%)

-3.9pp-2.8pp

96.3	92.4	98.4	95.6
Q3 2019	Q3 2020	9M 2019	9M 2020

Number of digital payments (%)

	44%	39%	27%	23%
51%
	56%	61%	73%	77%
49%
2017	2018	2019		H1 2020	Q3 2020
			Digital		On-Site

85% of the collection in September

came through digital channels

New payments channels available

for clients

Investments on digitalization and campaigns with clients

to increase awareness of digital channels

23,804 payments agreements signed

with vulnerable clients1

1.

Up to October 22nd 2020; includes agreements under the Basic Service Law Agreement and Company´s voluntary agreements for vulnerable clients

38

Responding to COVID-19

Measures to ensure the safety of our people and business continuity

Chile

Our people & OperationOur clientsOur communities

74% 100%	Boosting digitalization	More power
of Enel Chile total	of our plants	to mitigate impacts in	together
collection
personnel	and networks	Supporting out clients
working	in	Several initiatives to face the
remotely1	operation	in this challenge period	contingence together

1. As of November 25, 2020

39

Responding to COVID-19

Supporting the economy recovery, guarantying safety conditions

Chile

Boosting the local economy			Renewables cumulated temporary jobs creation1
					#´000				4.6
		Creation of new
										JOBS
		temporary jobs								3.6
					+1.0
										JOBS
										3.0
										2.7
		Promoting the				1.8	1.9		2.1
		local hiring			1.8
						1.6	1.7

Job reconversion and skills training

Jan-20	Feb-20	Mar-20	Apr-20	May-20	Jun-20	Jul-20	Aug-20	Sep-20	4Q 2020	Estimated
										2020

1.

Cumulated figures, thousand external jobs created during 2020

40

People centricity

Local communities

Plan actions

High-quality, inclusive and fair education

Access to affordable and clean energy

Employment and sustainable and inclusive economic growth

2020E1

• 99,800 beneficiaries
• 207,000 beneficiaries
• 386,000 beneficiaries

Chile

2030 targets 1

240,000 beneficiaries in 2030

315,000 beneficiaries in 2030

515,000 beneficiaries in 2030

1. Cumulated figures since 2015

41

Chile

3. ESG Backbones

Promoting sustainability in Procurement

Chile

Safety		Environment		Human Rights
	Circular Economy

Partnership with suppliers

Qualification	Tender	Contracts	Contract Mgmt
➢ Human Rights & Ethics	➢ Sustainability K	➢ Global Compact Principles	➢ Supplier Performance Mgmt
➢ Health & Safety	➢ Circular by design	➢ Code of Ethics of Enel	➢ Consequence Mgmt
➢ Environment		➢ Human Rights Policy
➢ Integrity		➢ HSE attachment

SDG's committment:

43

Health and safety

Total accidents

30	27
		18
2017	2018	2019

Accident frequency

1.22	1.08
		0.76
2017	2018	2019

Chile

days lost rate due to accidents

	13.39
9.07
		1.97
2017	2018	2019

44

Shareholders Structure	Organization structure

64.9%

Chile

100%	93.5%	99.1%	100%
Green Power	Generación Chile	Distribución Chile	Enel X

Chile

Enel Chile shareholders1

Others

1,4%

Pension Funds

14,5%

Institutional	Market Cap2	Enel SpA
Investors	5.0 $ bn
64,9%
16,2%

ADRs

3,1%

1.	As of October 31 2020	45
2.	Market cap as of November 27, 2020

onCorporate Governance

Corporate governance structure

Shareholders' meeting

Focus

14%

43%

BoD's

Board of Directors

composition

(7 members)

43%

Non executive Executive

Independent

Directors Committee

Chile

Audit firm

Functions:

Audit committe

Sustainability committe

Related parties transactions

46

Governance		Board composition
			Herman Chadwick
Corporateon				Chair
				Board of Directors
Focus				Giulio Fazio
			Director
				Salvatore Bernabei
				Director
				Daniele Caprini
				Director
				Fernán Gazmuri Plaza	Directors' Committee (C)
				Director.
				Gerardo Jofré Miranda	Directors' Committee
				Director
				Pablo Cabrera Gaete	Directors' Committee
				Director

Chile

Board of Directors' diversity

57%

Age

Gender

diversity

diversity

43%

100%

41-50

Over 50

Male

Female

29%

43%

Tenure

Nationality

diversity 71%

diversity

57%

1-3 years

Over 3 years

Chilean

Italian

47

Non executive		Executive		Independent

Focus on Corporate Governance

40% ESG weight on

CEO's short-term variable remuneration						Chile
		Macro objective			Objective				Type of target
						Weight		Range
		Profitability		Net Income Chile		25%		Maximum 120%		Economic
		Efficiency		OPEX Chile		20%		Maximum 120%		Economic
		Cash and debt		FFO Chile		15%		Maximum 120%		Financial
		management
		Safety		Safety in the		20%		Maximum 120%		ESG
			workplace
		Environmental		Business Chile		20%		Maximum 120%		ESG

48

Corporate Governance

Experience Management

Chile

Management Team

Focus on

P. Pallotti

G. Turchiarelli

L. Schnaidt Daniel Gomez

E. Belinchón P. Urzúa

A. Pinto

D. Valdés

C. Vera

Chief Executive Officer

Chief Financial Officer

People and Organization

Regulation

Internal Audit

Institutional Affairs Officer

Safety

Counsel

Communication

A. Pellegrini

R. Puentes

A. Barrios

A. Dunsmore

Karla Zapata

J. Stancampiano

R. Castañeda

M. Siciliano

Sustainability & Community Relations

Procurement

Digital Solutions

Services

Enel X Chile

Enel Green Power Chile

Enel Distribución Chile

Enel Generación Chile

49

Closing remarks

Chile

Decarbonization		Platformization and		Networks to support		Continue to
			embrace
strategy paved by		combined offerings		renewables
			sustainability,
renewables and		are key to address		expansion and
			ESG tear 1
solid pipeline		new clients needs		electrification
			player in Latam

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ESG Presentation

Contact us

Isabela Klemes

Head of Investor Relations Enel Chile

Investor Relations team

Catalina González

Claudio Ortiz

Pablo Contreras

Francisco Basauri

Chile

Contacts

Email [e-mail]

Phone [phone]

Channels

Follow us

Website

Enel.cl

Mobile App

Enel Investors

Download app

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Chile

Annexes

Sustainable Development Goals

Enel Chile's commitment

Chile

making specific contributions, without excluding the company's contribution to reaching the rest of the goals.

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Main KPIs

Emissions (tons CO2e)

	2017	2018	2019
Scope 1	4,745,000	4,026,000	4,796,822
Scope 2	10,000	11,000	31,672
Scope 3	247,000	225,000	286,298
Total avoid CO2 emissions	9,600,983	11,554,074	10,224,976
NOx (tons)	6,130	4,749	5,524
SOx (tons)	2,734	2,585	3,394

Emissions intensity (g/KWheq)

	2017	2018	2019
CO2	277	200	228
NOx	0.36	0.24	0.26
SOx	0.16	0.13	0.16

Energy consumption

	2017	2018	2019
Network losses	5.10%	5.02%	4.99%
Losses intensity (gCO2/KWh)	3.81	2.54	1.58

Chile

Water consumption (MMm3)

	2017	2018	2019
Total water withdrawal	6.00	5.93	7.00
Net wáter consumption	3.31	2.73	3.82

Waste (tons)

	2017	2018	2019
Hazardous waste produced	1,339	1,986	968
Non Hazardous waste: ashes	169,525	164,983	169,839
Non Hazardous waste: excluding ashes	222,928	315,649	128,170
Total waste produced	393,792	482,618	298,977
Recycled non-hazardous waste	41,401	60,265	99,332
Recycled hazardous waste	31	42	67

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Our workers

In figures

By gender

22%

2,148

78%

Male Female

By age

7% 7%

23%

2,148 33%

30%

30<	31-40	41-50
51-61	61>

By functions

7% 1%

2,148

92%

Executives

Professionals and technicians Employees and others

Chile

Handicap workers

1

3

6 15

5

Enel Chile	Enel Gx
Enel Dx	EGP

1. As of December 31, 2019

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Focus on Corporate Governance

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

Sustainability:

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• Sustainability and Community Relations Policy

•

Environmental policy

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• Biodiversity conservation

Chile

Circular Economy projects

Circular Economy Opportunities

• Low exposure to commodities' price

• Low exposure to environmental risks

• Keep the value of materials over time

• Value not of products but of services

Chile

• New Technologies as enabling solutions
• New models that create value from use vs. sale
• Minimize environmental impacts
• Maintenance + Services instead of resource extraction

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Enel's Circular Economy Strategy

CirculAbility Model

Chile

CIRCULAR

INPUTS

• eficiency
• renewable
• of reuse
• of recycle
• non renewable

Energy and

Materials

SHARING		PRODUCT AS A
PLATFORMS		SERVICE

Increase the
	Increase the
use factor		use factor

Use

LIFE

EXTENSION

Life

Extension of

use

NEW LIFE CICLES

• upcycling
• of reuse
• of recycle
• of waste

Energy and

Materials

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PV Facade

PV modules and EV Chargers integrated in building from design

CIRCULAR PILLAR:

Design, supply of equipment, installation and commissioning of a Solar Photovoltaic generation system, with an installed solar power of 186.30 kWp, installed 592 PV modules on the facade of the building, generating 194 MWh/year of renewable energy.

The project include 10 EV Chargers, capable of providing 20 vehicles a day with a complete recharge, which is 6500 recharges per year.

Chile

ENEL X CHILE

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Reverse logistic service for network materials

Generating income while recovering valuable materials

CIRCULAR PILLAR:

Reverse logistic service for managing scrap materials from
Network operation. The service manages all materials, some of	LOGISTICREVERSE	PROVIDERSERVICE
which generate significant income for their recycling, making
this service profitable, with no OPEX required:
•	Transformers
•	Cables
•	Iron scrap

This activity allows to recycle 15% of material. A large part of disposed materials is comprised of concrete poles. Their circular management is in pipeline and will allow to recycle/reuse up to 98% of total materials.

Chile

I&N CHILE

Transformers

Other: Plastic, iron scrap, ceramic, concrete poles

Cables

Hazardous waste

Energy meters

Reuse of concrete from damaged poles:

Avoiding waste while providing reused material

CIRCULAR PILLAR:

On a yearly basis, 1600 m3 (3620ton approx)of concrete form damaged poles are landfilled. The idea is to obtain a milled concrete and use it in civil works as ground stabilizer or as gravel in the maintenance of electrical substations. This will result in savings on purchasing natural gravel. Steel bars are recovered too, and are currently being recycled.

Laboratory tests have been requested to demonstrate the feasibility to use this material as recycled aggregate in the manufacture of new concrete poles. Depending on the results, the benefits of this Project will significantly increase.

Chile

I&N CHILE

Circular Management

Circular Management of wastewater in San Isidro

CIRCULAR PILLAR:

San Isidro power plant uses freshwater in the cooling towers, which comes from own wells and external sources. Water from own wells is high in sulfates, thus water from external sources has to be purchased in order for the blowdown water to meet the regulation on wastewater quality. Nevertheless, water with such quality is allowed to be used in mining processes (tailings).

A contract with AngloAmerican mining facility has been made, to sell wastewater for them to be used in the mining process. This will allow San Isidro to use freshwater from own wells, avoiding purchasing from external providers and avoiding the direct discharge of wastewater to the river.

Chile

POWER GENERATION CHILE

Fog Collection in PV plants

Sustainable water supply in the desert

CIRCULAR PILLAR:

In the north of Chile there is a phenomenon called Camanchaca, which consists of a mist that enters from the coast towards the interior of the continent, which contains a large amount of water.

It is proposed to carry out a theoretical and practical study (pilot) to demonstrate and determine how much water is available in the fog, where there is the greatest quantity and how it can be captured with passive methods in the use of

energy. Lalackama, Chañares, Pampa Norte, Diego de Almagro. 4Q2020.

Chile

POWER GENERATION CHILE

Disclaimer

Chile

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.

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