Enel — AGM Information 2017

Mar 17, 2017

REPORT OF THE BOARD OF DIRECTORS ON THE FIRST ITEM ON THE AGENDA

Financial statements as of December 31, 2016. Reports of the Board of Directors, of the Board of Statutory Auditors and of the External Auditor. Related resolutions. Presentation of the consolidated financial statements for the year ended on December 31, 2016.

Dear Shareholders,

the financial statements of Enel S.p.A. for the year ended on December 31, 2016 (which shows a net income for the year amounting to approximately Euro 1,719.9 million) and the consolidated financial statements of the Enel Group for the year ended on December 31, 2016 (which shows Group's net income for the year amounting to Euro 2,570 million) will be made available to the public within specific files at the registered office of the Company and on the Company's website (www.enel.com) and at the officially appointed mechanism for the central storage of regulated information denominated "eMarket Storage" () by April 12, 2017, which reference is made to.

We thus submit for your approval the following

Agenda

The Shareholders' Meeting of Enel S.p.A.:

• having examined the data of the financial statements for the year ended on December 31, 2016, with the related reports of the Board of Directors, of the Board of Statutory Auditors, and of the External Auditor; and
• having acknowledged the data of the consolidated financial statements for the year ended on December 31, 2016, with the related reports of the Board of Directors and of the External Auditor;

resolves

to approve the financial statements for the year ended on December 31, 2016.