Share buyback Programmes

On July 29th, 2020, the Board of Directors of the Company, implementing the authorization granted by the Shareholders’ Meeting held on May 14th, 2020 and in compliance with the relevant terms already announced to the market, approved the launch of a share buyback programme, for a number of shares equal to 1.72 million (the “Programme”), equivalent to approximately 0.017% of Enel’s share capital. The purpose of the Programme, whose duration will run from September 3rd to December 7th, 2020, is to serve the Long-term incentive Plan 2020 reserved to the management of Enel and/or of its subsidiaries pursuant to Article 2359 of the Italian Civil Code, which was also approved in the May 14th, 2020 Shareholders’ Meeting.

On September 19^th, 2019, the Board of Directors of the Company, implementing the authorization granted by the Shareholders’ Meeting held on May 16^th, 2019 and in compliance with the relevant terms already announced to the market, approved the launch of a share buyback programme, for a maximum amount of 10.5 million euros and for a number of shares not exceeding 2.5 million (the “Programme”), equivalent to approximately 0.02% of Enel’s share capital.

The purpose of the Programme is to serve the Long-term incentive Plan 2019 reserved to the management of Enel and/or of its subsidiaries pursuant to Article 2359 of the Italian Civil Code, which was also approved in the May 16^th, 2019 Shareholders’ Meeting.

As a result of the purchases carried out from September 23^rd to December 2^nd, 2019, the Programme has been completed.