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2024 RESULTS
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2 Shareholders and investors are therefore advised that these risks could cause actual results and developments to differ significantly from those expressed, implied or projected in the information and future forecasts Except for the aforementioned financial information, the information and any opinions and statements contained herein have not been verified by independent third parties and, therefore, no guarantee of impartiality, accuracy, completeness or correctness of the information or opinions and statements expressed therein is implied or explicitly given. This document does not constitute an offer or invitation to acquire or subscribe for shares, in accordance with the provisions of Royal Legislative Decree 4/2015, of 23 October, approving the consolidated text of the Spanish Securities Market and its implementing regulations. Furthermore, this document does not constitute an offer for the purchase, sale or exchange, nor a request for an offer to purchase, sell or exchange securities, nor a request for any vote or approval in any other jurisdiction. Disclaimer The information contained in this results presentation has been prepared by the Elecnor Group and includes financial information extracted from the annual accounts of Elecnor, S.A. and its subsidiaries for the financial year that ended on 30 December 2024, audited by PricewaterhouseCoopers Auditores S.L., in addition to statements concerning to future forecasts. Information and statements regarding future forecasts for the Elecnor Group are not historical facts; they are based on numerous assumptions and are subject to risks and uncertainties, many of which are difficult to foresee and are generally out of control of the Elecnor Group.
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3 1. Summary 2024 2. Business areas • Enerfín • Elecnor • Celeo 3. Consolidated figures • Income statement • Balance Sheet and Financial Position • Cashflow statement • Indebtness Ratio 4. Elecnor Group in the Stock Market • Stock performance • Shareholding structure and Treasury Stock 5. 2025 Looking ahead 6. Appendices Table of contents
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SUMMARY 2024
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5 2024 Results SUMMARY 2024 BUSINESS AREAS CONSOLIDATED FIGURES ELECNOR GROUP IN THE STOCK MARKET 2025 LOOKING AHEAD • In this year, the Elecnor Group obtained a profit of Euros 705.2 million, compared with Euros 110.1 million last year. • This result was achieved thanks to the good performance of the businesses that make up the Group as well as to the sale of the Enerfín subgroup in which the Group has been building value for 26 years. • During 2024, the Group has generated cash flows from operating activities of continuing operations before taxation of 328 million euros, more than double the 141 million euros generated in 2023. • The Net Financial Position with recourse closed at Euros 187.5 million compared to Euros -222.6 million at the end of the previous year. • This situation has enabled the Group to propose the payment of a complementary dividend of 265 million euros in addition to the interim dividend of 540 million euros paid on December 18, 2024. Overall, the total dividend distribution out of the profit of 2024 amounts to €805 million. Summaryof 2024
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6 2024 Results SUMMARY 2024 BUSINESS AREAS CONSOLIDATED FIGURES ELECNOR GROUP IN THE STOCK MARKET 2025 LOOKING AHEAD Net Turnover 3,810 Million euros Net Profit 705 Million euros EBITDA 156 Million euros Net Financial Position with recourse (Cash) 187 Million euros Key financialfigures
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7 2024 Results SUMMARY 2024 BUSINESS AREAS CONSOLIDATED FIGURES ELECNOR GROUP IN THE STOCK MARKET 2025 LOOKING AHEAD Investments in infrastructure and renewables Electricity transmission lines 7,942Km Renewable energies under construction and operation 345MW 71% International 29% Domestic 5.1% 2,709 Million euros Production pipeline that can be executed in the next 12 months Key operatingfigures
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8 2024 Results SUMMARY 2024 BUSINESS AREAS CONSOLIDATED FIGURES ELECNOR GROUP IN THE STOCK MARKET 2025 LOOKING AHEAD The Board of Directors of Elecnor, S.A. has approved to propose to the General Shareholders' Meeting the payment of a final dividend of 265 million euros which, added to the interim dividend paid in December 2024, means a payment charged to the 2024 result of 805 million euros. Figures in millioneuros TACC 8.1% Accumulated dividend 2019-2023 165 Million euros Average 33 Million Euros Dividendsalways distributedin cash 2019 2020 2021 2022 2023 29 29 31 37 39 Distributeddividend 2024 805
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9 2024 Results SUMMARY 2024 BUSINESS AREAS CONSOLIDATED FIGURES ELECNOR GROUP IN THE STOCK MARKET 2025 LOOKING AHEAD • Compliance system aligned with the highest international standards • Certification of Social Responsibility Management System based on the IQNet SR10 standard • Corporate Governance Project: review and update of all policies related to sustainability • Supply chain aligned with the Group’s sustainability standards • Progress in the deployment of the Integrated Management System to new geographies • Promotion and development of renewable energy projects • Climate Change Strategy aligned with the recommendations of the TCFD • Leadership score in the CDP: A List • 32% reduction of the carbon footprint • Validation of the emission reduction targets by SBTi • Biodiversity management and environmental protection in all projects • Health and safety at the heart of the business • Improvement in accident rates • Operational excellence: increased customer satisfaction • 9% growth in workforce • Promotion of equality and opportunities for all Focused on people Responsible management Commited to the environment UNE-ISO 37001 ANTI-BRIBERY MANAGEMENT SYSTEMS STANDARD UNE 19601 CRIMINAL COMPLIANCE MANAGEMENT SYSTEMS STANDARD A sustainable value. ESG Commitment UNE 19603 COMPLIANCE MANAGEMENT SYSTEMS IN ANTITRUST MATTERS › Infrastructure investment and development › Promoting education and research
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10 2024 Results SUMMARY 2024 BUSINESS AREAS CONSOLIDATED FIGURES ELECNOR GROUP IN THE STOCK MARKET 2025 LOOKING AHEAD Elecnor Group’s workforce 2024 International 2023 Domestic 22,563 24,655 9% A team of over 24,000 employees People are the main asset of the Elecnor Group, which bases its management on values such as talent, transparency and teamwork in conditions of maximum security 12,394 50% 12,261 50% 10,817 48% 11,746 52%
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BUSINESS AREAS
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12 SUMMARY 2024 BUSINESS AREAS CONSOLIDATED FIGURES ELECNOR GROUP IN THE STOCK MARKET 2025 LOOKING AHEAD 2024 Results Sale Price 1,560 Million euros Capital Gain 805 Million euros Elecnor, S.A. signed the public deed of sale of all its shares in Enerfín Sociedad de Energía, S.L.U. (Enerfín) on 23 May 2024, effective on the same date, all the conditions provided in the contract signed with Statkraft European Wind and Solar Holding AS having been fulfilled.
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13 SUMMARY 2024 BUSINESS AREAS CONSOLIDATED FIGURES ELECNOR GROUP IN THE STOCK MARKET 2025 LOOKING AHEAD 2024 Results 199 20242023 NormalisedEBITDA * Millioneuros 202 Turnover Millioneuros Positive performance by both essential services and sustainable projects which led to an improvement in margins. 5.1 20242023 Marginonsales % Normalised figures 5.3 1.6% 0.2% *The Normalised EBITDA at 31 December 2023 is calculated as this business’s EBITDA (Euros 220,997 thousand) minus the EBITDA from the sale of Gasoducto Morelos (Euros 21,562 thousand) due to its non-recurring nature. 3,887 -1.6% 20242023 3,825
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14 SUMMARY 2024 BUSINESS AREAS CONSOLIDATED FIGURES ELECNOR GROUP IN THE STOCK MARKET 2025 LOOKING AHEAD 2024 Results 8.3% 20242023 Normalisednet profit* Millioneuros 61.3 66.4 *The normalised profit after tax is this business’s profit after tax at 31 December 2023(Euros 84,415 thousand) minus the profit before tax from the sale of Gasoducto Morelos (Euros 23,147 thousand) due to its non-recurring nature. Net profitincreases8,3% Attributable consolidated net profit was Euros 66.4 million, an 8.3% increase with respect to the same period the previous year, reflecting the positive performance by both essential services and sustainable projects.
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15 SUMMARY 2024 BUSINESS AREAS CONSOLIDATED FIGURES ELECNOR GROUP IN THE STOCK MARKET 2025 LOOKING AHEAD 2024 Results International market › In the international market, sustainable projects continued to be undertaken in Australia, Brazil and Chile (especially renewable energy initiatives and electricity transmission lines. › The construction of substations and transmission lines in Germany, Honduras, Angola, Senegal, and Zambia; photovoltaic parks in the Dominican Republic and railway electrification in Lithuania, among many others, also contributes to the Group’s profit. › Notable in these results are the activities of essential services at the US subsidiaries (Hawkeye, Belco and Energy Services), as well as the distribution and telecommunications contracts that Elecnor is implementing in Italy. Domesticmarket › In the domestic market, activity continued to grow on the back of the essential services developed for the electricity, telecommunications, water, gas and energy transmission and distribution sectors, where it provides an essential service for all utilities. It is worth highlighting the maintenance activity carried out for both the public and private sectors › Likewise, during this period, the construction of wind farms and solar PV projects, as well as projects related to self-consumption and energy efficiency, contributed to growth of both the turnover and profit of this business in the sustainable projects activity. Sales by geography
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16 SUMMARY 2024 BUSINESS AREAS CONSOLIDATED FIGURES ELECNOR GROUP IN THE STOCK MARKET 2025 LOOKING AHEAD 2024 Results Internationalisation 56% Sales in internationalmarket Africa 4% South America 14% North and Central America 16% Europe 55% Asia & Oceania 11% 8 Countriesamountto more than 80% of the turnoverand profit Geographicdiversification
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17 SUMMARY 2024 BUSINESS AREAS CONSOLIDATED FIGURES ELECNOR GROUP IN THE STOCK MARKET 2025 LOOKING AHEAD 2024 Results Diversification of activities as our strategy for continued growth and provision of a broad range of services
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18 SUMMARY 2024 BUSINESS AREAS CONSOLIDATED FIGURES ELECNOR GROUP IN THE STOCK MARKET 2025 LOOKING AHEAD 2024 Results 71% International 29% Domestic 5.1% 2,709 million euros › The production portfolio, which can be executed in the next 12 months, is up 5.1% and amounts to Euros 2,708.7 million. › Of this portfolio figure, 71% relates to the international market, for the amount of Euros 1.913,4 includes both European countries (Italy and the United Kingdom), where service -related activities are carried out, and other countries (Australia, the United States and Brazil, mainly) with contracts for major projects for the construction of renewable-energy power generation plants and power transmission projects. › 29% relates to the domestic market, for the amount of Euros 795.4 million. The domestic market portfolio consists of contracts for essential service activities, as well as sustainable projects for the construction of renewable energy plants for the amounts expected to be executed over the next 12 months . Portfolio of production that can be executed in the next 12 months is up 5.1%
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19 SUMMARY 2024 BUSINESS AREAS CONSOLIDATED FIGURES ELECNOR GROUP IN THE STOCK MARKET 2025 LOOKING AHEAD 2024 Results The aggregate EBITDA for the projects amounts to Euros 337.9 million in 2024 The projects of Celeo's Transmission Networks business have been boosted by the increase in price indices affecting the sale prices applicable to transmission lines with a particular impact on the Brazilian projects, although their contribution to the consolidated EBITDA of the Celeo subgroup is affected by the depreciation of the Brazilian real (the currency in which it operates in Brazil) against the euro (Celeo's functional currency). The solar thermal plants managed by Celeo in Spain experienced lower production than the previous year (232,270 MWh compared to last year 265,466 MWh), mainly due to the periods in which the market operator does not allow these plants to produce energy . 2024 2023 TransmissionnetworksChile (USD) 817,415 777,269 Redesde TransmisiónChile (USD) 147,858 147,427 TransmissionnetworksPeru(USD) 1,851 (226) RenewableEnergiesBrazil(BRL) 36,347 28,476 RenewableEnergiesSpain(EUR) 53,124 61,652 Thousandslocal currency Aggregate EBITDA for the projects
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20 SUMMARY 2024 BUSINESS AREAS CONSOLIDATED FIGURES ELECNOR GROUP IN THE STOCK MARKET 2025 LOOKING AHEAD 2024 Results 32 20242023 Net Profit Millioneuros 26292 20242023 Turnover Millioneuros 290 Celeo is 51% owned by Elecnor. In this year, it reached an attributable consolidated net profit of Euros 12.2 million (Euros 15.4 million in the previous year) 20242023 EBITDA Millioneuros 198 193 -0,7% -2,5% -20% Figures at 100%
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21 SUMMARY 2024 BUSINESS AREAS CONSOLIDATED FIGURES ELECNOR GROUP IN THE STOCK MARKET 2025 LOOKING AHEAD 2024 Results In 2024, as part of the expansion works tendered by the National Electricity Coordinator, the company was awarded the project to lay the second circuit of the 2×500 kV Ancoa-Charrúa (CHATE) line in Chile, with an investment of US$106 million and a completion period of 60 months. In addition, it has been awarded new contracts in Brazil for reinforcements in the LTC and CATE concessions, with investments of US$14.5 million and US$1.2 million, respectively.
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22 SUMMARY 2024 BUSINESS AREAS CONSOLIDATED FIGURES ELECNOR GROUP IN THE STOCK MARKET 2025 LOOKING AHEAD 2024 Results 7,942 km of power transmisión lines in Chile,Brazil andPerú 345 MW of renewable energy (photovoltaic and solar termal) in Spain and Brazil España 165 MW of renewable energy Brasil 5,465 km of transmission lines 180 MW of renewable energy Chile 2,045 km of transmission lines Peru 432 km of transmission lines
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CONSOLIDATED FIGURES
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24 SUMMARY 2024 BUSINESS AREAS CONSOLIDATED FIGURES ELECNOR GROUP IN THE STOCK MARKET 2025 LOOKING AHEAD 2024 Results Enerfín sale transaction Elecnor Services and Projects Celeo Group Management and Other Adjustments Operations between segments TOTAL Net turnover — 3,824,549 — — (14,447) 3,810,102 EBITDA — 202,621 12,201 (58,667) — 156,155 Parent Consolidated Income Statement 823,310 66,363 12,201 (196,674) — 705,200 Consolidated profit/loss for the year 2024 2023 %Var Continuing operations: Net turnover 3,810,102 3,792,906 0.5% Changes in inventories of finished goods and work in progress 66 (428) -115.4% Self-constructed assets 19,796 89,303 -77.8% Materials consumed (1,957,248) (2,132,882) -8.2% Other operating income 122,614 57,584 112.9% Personnel expenses (1,234,176) (1,046,083) 18.0% Other operating expenses (621,577) (601,147) 3.4% Impairment and profit/loss on disposals of fixed assets 4,392 29,090 -84.9% Profit/loss from equity-accounted investees 12,186 16,519 -26.2% EBITDA 156,155 204,862 -23.8% Expense for amortisation, depreciation, impairment and charges to provisions (202,055) (83,717) 141.4% Operating Income (EBIT) (45,900) 121,145 -137.9% Finance income 41,887 11,902 251.9% Finance expenses (26,942) (27,732) -2.8% Translation differences (31,358) (7,554) 315.1% Impairment and profit/loss on disposal of financial instruments — — Changes in the fair value of financial instruments 3,611 — Profit/loss before taxes (58,702) 97,761 -160.0% Income tax (59,438) (27,284) 117.8% Profit/loss from continuing operations (118,140) 70,477 -267.6% Profit/loss from discontinued operations 828,467 47,349 1649.7% Net profit/(loss) 710,327 117,826 502.9% Profit/loss from continuing operations attributable to non-controlling interests (30) (4) 650.0% Profit/loss from discontinued operations attributable to non-controlling interests 5,157 7,772 -33.6% Resultado atribuible a intereses minoritarios 5,127 7,768 -34.0% Profit/loss from continuing operations attributable to shareholders of the Parent (118,110) 70,481 -267.6% Profit/loss from discontinued operations attributable to shareholders of the Parent 823,310 39,577 1980.3% Total net profit attributable to the Parent company 705,200 110,058 540.8%
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25 SUMMARY 2024 BUSINESS AREAS CONSOLIDATED FIGURES ELECNOR GROUP IN THE STOCK MARKET 2025 LOOKING AHEAD 2024 Results The Good performance of the different businesses has led to a Net Financial Position with recourse of 187.5 million euros compared to -222.6 million euros at the end of the previous year. 1,337 2,269 Non-current Assets Current Assets 1,167 269 2,170 Owner equity Current liabilities Non-current liabilities Balance Sheet and Financial Position Total Net Financial Position (thousands of euros) 31/12/24 31/12/2023 Cash and cash equivalents 429 437 Liabilities and equivalents (268) (1,172) Total Net Financial Position ( cash / debt) 161 (735) Total Net Financial Position (thousands of euros) 31/12/24 31/12/23 With recourse 188 (223) Without recourse (27) (512) Total Net Financial Position ( cash / debt) 161 (735) Indebtedness ratio (thousands of euros) 31/12/24 31/12/23 Cash / (debt) 161 (735) EBITDA Continuing Operations + EBITDA Discontinued Operations 156 330 Ratio of Total Net Financial Debt/ EBITDA -1.03 2.23 Indebtedness ratio with recourse (thousands of euros) 31/12/24 31/12/23 Cash / (debt) 188 (223) EBITDA with recourse + projects dividends 140 244 Reversal of the effect on EBITDA with recourse of the application of IFRS 16 (16) (22) Ratio of Debt/EBITDA with recourse -1.34 0.91
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26 SUMMARY 2024 BUSINESS AREAS CONSOLIDATED FIGURES ELECNOR GROUP IN THE STOCK MARKET 2025 LOOKING AHEAD 2024 Results 384 328 25 -259 963 -1.036 406 During 2024, the Group has generated cash flows from operating activities of continuing operations before tax of 328 million euros, more than double the 141 million euros generated in 2023. Million euros Net cash flows from financing activities Initial cash Net cash flows from operating activities before taxation Cash generated by operating activities of discontinued operations Income tax paid Net cash flows from investment activities Final cash Operating cash flows Cashflow
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27 SUMMARY 2024 BUSINESS AREAS CONSOLIDATED FIGURES ELECNOR GROUP IN THE STOCK MARKET 2025 LOOKING AHEAD 2024 Results Millioneuros 2024 2023 Net Financial Position with recourse (cash/debt) 187 (223) EBITDA with recourse + projects dividends 140 244 Ratio of Debt/EBITDA with recourse + Projects dividend (1.34) 0.91 Total Net Financial Position 161 (735) EBITDA Continuing Operations + EBITDA Discontinued Operations 156 330 Ratio of Total Net Financial Debt/ EBITDA (1.03) 2.23 Indebtnessratio The Net Financial Position with recourse closed at Euros 187.5 million compared to Euros -222.6 million at the end of the previous year The indebtedness ratio (calculated as Net Financial Debt with recourse divided by EBITDA with recourse) at the end of 2024 is -1,34x, compared to 0.91x at the end of the previous year. In both cases, the benchmark indebtedness ratio level set in the syndicated financing agreement (below 2.75x) is broadly respected.
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ELECNOR GROUP IN THE STOCK MARKET
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29 SUMMARY 2024 BUSINESS AREAS CONSOLIDATED FIGURES ELECNOR GROUP IN THE STOCK MARKET 2025 LOOKING AHEAD 2024 Results 2024 2023 Closing share price (euros) 16.06 19.55 Total volume of securities (millions) 13.4 8.5 Total cash traded (millions of euros) 257.3 122.7 Number of shares (millions) 87 87 Market capitalisation (millions of euros) 1,397.2 1,700.9 PER 2.0 15.5 Dividend yield 34.7% 4.1% At 31 December 2024, the share capital of Elecnor, S.A. was represented by 87,000,000 shares, each with a nominal value of Euros 0.10 Euro, fully subscribed and paid in, implying a share capital of Euros 8,700,000. Stock marketupdate Shares in Elecnor, S.A. closed the year with a price of Euros 16.06 per share and market capitalisation stood at Euros 1,397.2 million after paying a 540 million dividend on December 18, 2024. The total cash amount traded was Euros 257,3 million
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30 SUMMARY 2024 BUSINESS AREAS CONSOLIDATED FIGURES ELECNOR GROUP IN THE STOCK MARKET 2025 LOOKING AHEAD 2024 Results At 31 December 2022, Elecnor, S.A. had a 2.299.529 treasury shares. During 2024 it aquired 582.204 shares, and sold 576.480. Accordingly, at 31 December 2024 it had a total of 2.507.253 own shares, meaning it held 2.65% of all shares in the company 2,322,384 2,299,529 2,307,253 2022 2023 2024 Treasurystock at yearend Number of shares Shareholding structure and Treasury Stock Elecnor, S.A.’s shares are traded in Spain’s SIBE electronic trading system, where shares of the leading Spanish companies are traded, and the market with the largest trading volume in Spain Shareholding structure
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2025 LOOKING AHEAD
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32 SUMMARY 2024 BUSINESS AREAS CONSOLIDATED FIGURES ELECNOR GROUP IN THE STOCK MARKET 2025 LOOKING AHEAD 2024 Results Outlook for 2025 The solid portfolio of contracts and the current market situation, in which organisations with Elecnor's capabilities and uniqueness are in high demand, will allow the Group to continue to strengthen its leadership position and profitability over the coming years. The Elecnor Group's activities will benefit from the three major trends that are driving global economic development: • Environmental and social sustainability • Energy transition and electrificationof the economy • Urban planning and digitalisation of society
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APPENDICES
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34 (*) Excluding IFRS and IFRIC 12 (EBITDA excluding IFRIC 12 impact best reflects the cash flow generation capacity of each project) (**) % Attributed to Elecnor Group (1) Operational project vehicle companies. (2) Holding companies. Celeo (Concessions and own projects) EBITDA (*) Gross debt Cash Net debt Deuda neta Km Mw % part. (**) Initial year Final year Rate NETWORKS BRASIL Celeo Redes Transmissao de Energía,S.A. (2) 15,923 55,553 4,431 51,122 - - 51% — 15,923 55,553 4,431 51,122 - - — Lt Triangulo,S.A (1) 11,350 — 2,576 (2,576) 694 - 51% 2006 2036 18,371 Vila Do Conde Transmissora De Energia SA (1) 8,008 — 3,947 (3,947) 324 - 51% 2005 2035 11,056 Pedras Transmissora De Energía, S.A. (1) 2,794 22,917 20,410 2,507 354 - 51% 2008 2038 24,021 Coqueiros Transmissora De Energía, S.A. (1) 1,181 — 487 (487) 453 - 51% 2008 2038 22,617 Encruzo Novo Transmissora De Energia,S.A. (1) 2,456 1,400 718 682 220 - 51% 2016 2036 3,552 Linha De Transmissao Corumba,S.A. (1) 5,135 3,041 1,437 1,604 278 - 51% 2011 2041 6,720 Integraçao Maranhense Tranmissora De Energia,S.A. (1) 7,183 5,184 2,626 2,559 365 - 26% 2012 2042 9,730 Caiua Transmissora De Energia,S.A. (1) 4,257 3,682 4,350 (668) 141 - 26% 2012 2042 6,040 Cantareira Transmissora De Energía,S.A. (1) 21,041 65,488 7,848 57,641 342 - 26% 2014 2044 25,248 Serra De Ibiapa Transmissora de Energía,S.A. - SITE (1) 19,013 146,855 6,880 139,975 367 - 51% 2018 2048 22,689 Brilhante Transmissora De Energia SA (1) 9,631 27,282 6,261 21,021 582 - 51,0% 2009 2039 12,441 Jauru Transmissora De Energia,S.A. (1) 11,366 13,190 3,775 9,415 938 - 34,0% 2007 2037 16,165 Cachoeira Paulista Transmissora De Energía,S.A. (1) 10,306 29,443 12,481 16,962 182 - 26% 2002 2032 12,818 Parintins Amazonas Transmissora de Energía,S.A. (1) 26,529 161,113 14,699 146,415 225 - 26% 2019 2049 31,092 140,250 479,595 88,495 391,103 5,465 - 222,560 NETWORKS CHILE — — — — Celeo Redes Operación Chile,S.A. (2) 21,940 483,587 17,388 466,199 - - 51% 22,315 CRC Transmisión, SPA (2) 15,684 252,671 2,322 250,349 - - 26% 16,310 37,624 736,258 19,710 716,548 - - 38,625 Nirivilo Transmisora de Energía,S.A. (1) 391 32,095 1,818 30,277 73 - 51,0% 2021 sin límite 8,598 Alto Jahuel Transmisora de Energia,S.A. (1) 25,581 — 600 (600) 257 - 51,0% 2015 sin límite 28,770 Charrua Transmisora De Energia,S.A. (1) 18,077 — 905 (905) 198 - 51,0% 2017 sin límite 20,272 Casablanca Transmisora de Energía,S.A. (1) 2,061 104 1,413 (1,309) 110 - 25,5% 2019 sin límite 10,075 Mataquito Transmisora de Energía,S.A. (1) 1,625 123 825 (702) 394 - 25,50% 2019 sin límite 18,817 Diego de Almagro Transmisora de Energía,S.A (1) 8,372 — 708 (708) 57 - 25,50% 2019 sin límite 9,634 Celeo Redes Chile Expansión,SPA (1) 2,381 — 92 (92) - - 51% 2,417 Alfa Transmisora de Energía,S.A. (1) 78,116 1,100,652 25,951 1,074,701 956 — 10% 2021 sin límite 85,326 136,604 1,132,974 32,312 1,100,662 2,045 - 183,909 NETWORKS PERÚ Puerto Maldonado Transmisora de Energía,S.A.C. (1) 1,710 48,682 246 48,436 432 - 51% 2021 2053 18,960 1,710 48,682 246 48,436 432 - 18,960 NETWORKS ESPAÑA Celeo Redes,S.L (2) 7,451 4,263 492 3,771 - - 51% — 7,451 4,263 492 3,771 - - — RENEWABLE ENERGIES ESPAÑA Celeo Fotovoltaico, S.L.U. (1) 4,535 27,846 3,552 24,294 - 15 51% 2008 2043 6,231 Dioxipe Solar, S.L. (1) 16,725 148,486 7,811 140,675 - 50 49,76% 2012 2037 26,555 Aries Solar Termoelectrica, S.L. (1) 31,864 291,656 3,629 288,027 - 100 51% 2012 2037 52,891 RENEWABLE ENERGIES BRASIL Celeo Sao Joao Do Piaui FV I,S.A.(6) (1) 6,236 55,503 3,996 51,506 - 180 51% 2018 2051 11,813 59,360 523,491 18,988 504,502 - 345 97,490 OTHERS (2) 58,207 (1) 45,018 - - — 58,207 (1) 45,018 — - - — TOTAL 457,129 2,980,815 209,692 2,816,144 7,942 345 561,544 2024
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35 Celeo (Concessions and own projects) EBITDA (*) Gross debt Cash Net debt Km Mw % part. (**) NETWORKS BRASIL Celeo Redes Transmissao de Energía,S.A. (2) 26,486 66,354 10,958 55,396 - - 51% 26,486 66,354 10,958 55,396 0 0 Lt Triangulo,S.A (1) 18,717 — 3,068 (3,068) 694 - 51% Vila Do Conde Transmissora De Energia SA (1) 9,045 — 5,843 (5,843) 324 - 51% Pedras Transmissora De Energía, S.A. (1) 2,958 246 1,361 (1,115) 354 - 51% Coqueiros Transmissora De Energía, S.A. (1) 1,187 197 884 (687) 453 - 51% Encruzo Novo Transmissora De Energia,S.A. (1) 2,695 2,432 1,020 1,412 220 - 51% Linha De Transmissao Corumba,S.A. (1) 5,326 4,786 2,464 2,322 278 - 51% Integraçao Maranhense Tranmissora De Energia,S.A. (1) 8,176 7,640 2,687 4,953 365 - 26% Caiua Transmissora De Energia,S.A. (1) 4,419 5,426 4,387 1,039 141 - 26% Cantareira Transmissora De Energía,S.A. (1) 23,238 84,631 11,992 72,639 342 - 26% Serra De Ibiapa Transmissora de Energía,S.A. - SITE (1) 18,332 168,531 13,206 155,325 367 - 51% Brilhante Transmissora De Energia SA (1) 9,531 32,715 5,263 27,452 582 - 51% Jauru Transmissora De Energia,S.A. (1) 12,625 20,245 5,186 15,059 938 - 34% Cachoeira Paulista Transmissora De Energía,S.A. (1) 11,007 42,757 17,197 25,560 182 - 25,50% Parintins Amazonas Transmissora de Energía,S.A. (1) 16,654 191,570 2,477 189,093 225 - 25,50% 143,910 561,176 77,035 484,141 5,465 0 NETWORKS CHILE Celeo Redes Operación Chile,S.A. (2) 22,217 476,867 19,400 457,467 - - 51% CRC Transmisión, SPA (2) 17,264 237,581 10,872 226,709 - - 25,50% 39,481 714,448 30,272 684,176 - - Nirivilo Transmisora de Energía,S.A. (1) (97) — 46 (46) 73 - 51% Alto Jahuel Transmisora de Energia,S.A. (1) 26,720 — 1,947 (1,947) 257 - 51% Charrua Transmisora De Energia,S.A. (1) 18,121 — 1,755 (1,755) 198 - 51% Casablanca Transmisora de Energía,S.A. (1) 1,412 3,877 7,650 (3,773) 110 - 25,50% Mataquito Transmisora de Energía,S.A. (1) 1,384 141 612 (471) 394 - 25,50% Diego de Almagro Transmisora de Energía,S.A (1) 8,803 — 999 (999) 57 - 25,50% Celeo Redes Chile Expansión,SPA (1) 1,571 21,741 414 21,327 - - 51% Alfa Transmisora de Energía,S.A. (1) 76,771 943,531 35,547 907,984 948 - 10,20% Transquillota Electrica de Quillota Limitada (1) 1,662 — 174 (174) 8 - 10,20% 136,347 969,290 49,144 920,146 2,045 - NETWORKS PERÚ Puerto Maldonado Transmisora de Energía,S.A.C. (1) (209) 24,177 1,981 22,196 432 - 51% (209) 24,177 1,981 22,196 432 - NETWORKS ESPAÑA Celeo Redes,S.L (2) 28,614 4,264 700 3,564 - - 51% 28,614 4,264 700 3,564 - - RENEWABLE ENERGIES ESPAÑA Celeo Fotovoltaico, S.L.U. (1) 5,135 29,423 3,322 26,101 - 15 51% Dioxipe Solar, S.L. (1) 18,468 155,170 8,743 146,427 - 50 49,76% Aries Solar Termoelectrica, S.L. (1) 38,049 311,133 9,641 301,492 - 100 51% RENEWABLE ENERGIES BRASIL Celeo Sao Joao Do Piaui FV I,S.A.(6) (1) 5,272 68,429 4,133 64,296 - 180 51% 66,924 564,155 25,839 538,316 - 345 OTHERS (2) 70,615 — 78,181 — - - 70,615 — 78,181 — - - TOTAL 512,168 2,903,864 274,110 2,707,935 7,942 345 2023 (*) Excluding IFRS and IFRIC 12 (EBITDA excluding IFRIC 12 impact best reflects the cash flow generation capacity of each project) (**) % Attributed to Elecnor Group (1) Operational project vehicle companies. (2) Holding companies.
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