Dominion Corporate Presentation IR December 2021

1. Company Presentation
D E C E M B E R 2 0 2 1

2. 2
• This document has been prepared by Global Dominion Access, S.A. ("DOMINION"), and is for information purposes only. No reliance may or should be placed for any purposes whatsoever on the
information contained in this document or on its completeness, accuracy or fairness. This document and the information contained herein are strictly confidential and are being shown to you solely for
your information. The information may not be copied, distributed, reproduced or passed on, directly or indirectly, in whole or in part, or disclosed by any recipient, to any other person (whether within
or outside such person's organization or firm) or published in whole or in part, for any purpose or under any circumstances.
• This document is an advertisement and not a prospectus for the purposes of applicable measures implementing EU Directive 2003/71/EC (such Directive, together with any applicable implementing
measures in the relevant home Member State under such Directive, the "Prospectus Directive") and as such does not constitute or form part of any offer to sell or issue or invitation to purchase or
subscribe for, or any solicitation of any offer to purchase or subscribe for, any securities of DOMINION or any of its affiliates or subsidiaries, nor shall it or any part of it nor the fact of its distribution
form the basis of, or be relied on in connection with, any contract or investment decision. Investors should not subscribe for or purchase any securities referred to in this advertisement except on the
basis of the information contained in any prospectus eventually published in accordance with the Prospectus Directive. The information and opinions contained in this document are provided as at the
date of the document and are subject to change.
• This document is not an offer of securities for sale in the United States, Australia, Canada or Japan. The information contained herein does not constitute an offer of securities for sale in the United
States, Australia, Canada or Japan. Securities may not be offered or sold in the United States unless they are registered or are exempt from registration. No money, securities or other consideration is
being solicited and, if sent in response to the information contained herein, will not be accepted. Copies of this document are not being, and should not be, distributed or sent into the United States.
This document does not constitute an offer of securities to the public in the United Kingdom or in any other jurisdiction. The distribution of this document in other jurisdictions may also be restricted
by law and persons into whose possession this document comes should inform themselves about and observe any such restrictions.
• This communication may contain forward-looking information and statements on DOMINION, including financial projections and estimates and their underlying assumptions, statements regarding
plans, objectives and expectations with respect to future operations, capital expenditures, synergies, products and services, and statements regarding future performance. Although DOMINION
believes that the expectations included in those forward-looking statements are reasonable, investors and shareholders are cautioned that forward-looking statements are subject to various risks and
uncertainties, many of which are difficult to predict and generally beyond he control of DOMINION, that could cause actual results and developments to differ materially from those expressed in, or
implied or projected by, the forward-looking statements,
• Forward-looking statements are not guarantees of future performance. You are cautioned not to place undue reliance on the forward-looking statements, which speak only as of the date they were
made. Except as required by applicable law, DOMINION foes not undertake any obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future
events or otherwise.
• The information and opinions contained in this document are provided as at the date of the document and are subject to verification, completion and change without notice. Neither DOMINION nor any
of its parent or subsidiary undertakings, or the subsidiary undertakings of any such parent undertakings, or any of such person's respective directors, officers, employees, agents, affiliates or advisers,
undertakes any obligation to amend, correct or update this document or to provide the recipient with access to any additional information that may arise in connection with it.
DISCLAIMER

3. 3
We are DOMINION: equity story
Activity examples
Renewable Energy Minority Partner Entry: Incus Capital
Q3 2021 Results
FY 2020 Results

4. 4
We are DOMINION_
W E A R E D O M I N I O N : E Q U I T Y S T O R Y
We are a global company that provides Services and end-
to-end Projects, with almost 10,000 employees
distributed in 35 countries.
C O U N T R I E S
>35
C L I E N T S
>1,000
E M P L O Y E E S
> 9,500
USA
Canada
Mexico
Colombia
Peru
Brazil
Argentina
Ecuador
Haiti
Honduras
El Salvador
Dominican
Republic
EUROPE & AFRICA
UK
Germany
Italy
Denmark
Portugal
Poland
Netherlands
Slovakia
Russia
Morocco
Angola
South Africa
AMERICA ASIA & OCEANIA
Australia
Philippines
Indonesia
Vietnam
India
Oman
Qatar
United Arab
Emirates
Saudi Arabia
Bahrein
Our global revenue is more than 1,000 €m .
Our objective is to provide comprehensive solutions that
maximize the efficiency of business processes by
implementing innovative technology and a different
approach.
We are a publicly listed company since 2016 (BME:DOM).
Our activity fields are Technology & Telecommunications,
Industry and Energy.

5. 5
More than 20 years diversifying by the hand of disruption _
W E A R E D O M I N I O N : E Q U I T Y S T O R Y
• Digital revolution and new
technology developments
B2C
(2017-today)
Energy
(2016-today)
Technology & Telecommunications
(1999-today)
Industry
(2014-today)
1 9 9 9 2 0 2 0
In 1999 the investment
group INSSEC
committed for a
technology project and
set up DOMINION Global
At the same time, the
group created CIE
Automotive
• Turnkey projects in
healthcare, education
and alert systems
• In Spain: liberalization of
the telco sector
We position ourselves as
an integrator and
maintainer of networks
We implement
technology to respond to
a deflationary
environment that is
continually adjusting
costs
• O&M contracts with
several telco operators
Disruptive
paradigm
Response
Milestones/
projects
Our link to global trends and the evolution of our businesses have
lead us to develop multi-sector knowledge and to work in
different activity fields
• The industrial crisis
highlights the need for
restructuring and
productive efficiency
We transfer our experience in
telco into the industrial
sector, in order to define a
value proposal based on
technology and efficiency
• Industrial infrastructures
• One-Stop-Shop O&M
• Industry 4.0 projects
• New global energy
model
We position ourselves in
evolving areas:
• Renewable energy
• Electricity grids
• Solar parks and wind farms
• Transmission lines
• Charging stations
• The revolution of
personal services and
the internet-connected
household
We develop our proposal to
be the integrator of all
personal and household
services
• Smart House: technology
and household services

6. 6
D O M I N I O N Confidential
© Dominion 2020
We are DOMINION_
Business segments and key figures
W E A R E D O M I N I O N : E Q U I T Y S T O R Y
B2B Services B2B 360 Projects B2C
B2B_ B2C_
• O&M outsourcing contracts
• Process improvement
resulting from service
contracts
• Major projects to create
new infrastructures
"Multi-service supplier
bringing together a full
range of personal and
household services in a
single omnichannel
platform"
• Recurrent contracts
• CM ≈ 10%
• Project backlog
• CM ≈ 15%
• Recurrent revenue
• Key factors: number of
clients and their
Average Lifetime Value
(1) Distribution for FY 2020
(2) Adjusted turnover = Annual Accounts Turnover without
revenues from sold devices
(3) Contribution Margin: EBITDA before corporate structure and
central administration costs
(4) Free Operating Cash Flow: EBITDA –difference between
CAPEX and Amortization –NWC variation –Net Financial
Income –Tax payment; (acquisitions excluded)
(5) RONA: EBITA / (Total non-current assets –Deferred assets –
Goodwill not associated to cash + PPAs amortization current
year +Net WC ; excluded acquisitions of the year).
Turnover (1) (2) Contribution Margin (1) (3)
101%
Free Cash Flow
Conversion from EBITA (4)
"Tier 1 supplier and digital expert capable of end-to-end
execution of projects: from project design and
management to subsequent O&M"
• Energy and gas supply,
telco and data services,
insurances and others
16%
RONA (Return on Net Assets) (5)
51%
B2B_
Services
31%
B2B_
360 Projects
18%
B2C
48%
B2B_
Services
46%
B2B_
360 Projects
6%
B2C

7. 7
DOMINION: reasons to invest_
W E A R E D O M I N I O N : E Q U I T Y S T O R Y
1. A different value proposition: end-to-end vision of the value chain in the B2B and B2C
2. A management model and an experienced team; focused on value creation
3. A recurrent generation of operating FCF: + €220 m generated since 2015
4. A profitable growth story: Turnover 16% CAGR, Net Income 23% CAGR (2015-2019)
5. Ambitious objectives: to double the Net Income by 2023
6. ESG: committed to our stakeholders

8. 8
1. A different value proposition_
B2B: Tier 1 supplier and digital expert capable of end-to-end execution of projects:
from project design and management to subsequent O&M
W E A R E D O M I N I O N : E Q U I T Y S T O R Y
EPC company
Manages construction projects
globally
Specialised Engineering
Designs and executes a specific
part of the construction
Service Company
Manages an outsourced non-
core process
IT Company
Participates in specific phases
of the Digital Transformation
DOMINION B2B
Tier 1 supplier and digital
expert with capabilities to
execute end-to-end projects
Design,
Mgmt and
Exection
O & M
B2B VALUE PROPOSITION
Process Set Up Process MGMT
DEDIGN,
MGTM ADN
EXECUTION
PROJECT
FINANCE
OPERATION AND
MAINTENANCE
PROCESS
IMPROVEMENT
1. END-TO-END MANAGEMENT
2. MULTI-SECTOR KNOWLEDGE
3. DIGITAL EXPERT
Digital
expert
Sector
knowledge

9. 9
1. A different value proposition_
B2C: Multi-service supplier bringing together a full range of personal and household
services in a single omnichannel platform
W E A R E D O M I N I O N : E Q U I T Y S T O R Y
Retailer
Distributes 3rd parties' products
through a one-time client
contact. Doesn’t manage clients
Operator
Provides services to the client,
normally limited to one type.
Manages the client
Multi-Serv. supplier
Organizes several services for
the client and provides a digital
management platform
DOMINION B2C
A multi-service supplier with an
omnichannel platform, (physical
and digital). Manages the client
Service
Operation
Digital
distribution
channels
Physical
distribution
channel
Multi-serv.
integrated
Mgmt B2C VALUE PROPOSITION
C O M P E T I T I V E A D V A N T A G E S
Lower
acquisition costs
Higher LTV
(Life Time Value)
Outstanding
service
1
1. END-TO-END CUSTOMER MANAGEMENT
OPERATOR
MULTI-SERVICE
SUPPLIER
OMNICHANNEL
PLATFORM

10. 1 0
2. A management model and an experienced team_
The 4 Ds, the 4 pillars of our management model to focus on value creation
W E A R E D O M I N I O N : E Q U I T Y S T O R Y
Disruption: new ways of doing
things to approach new
challenges
Technological focus and vitality:
knowledge of available technology
to apply it to our services and
projects
Cross-functional: platforms
applicable to different industries
and sectors
3 segments: B2B services, B2B
360 projects and B2C
Activity fields: multi-sector and
multi-technical approach
Geographies: 5 continents, > 35
countries
Clients: more than 1,000
Entrepreneur-minded
management: management
independence over their business
areas/ divisions
Lean and flexible corporate
structure: well measured central
services
Operational Leverage
Profitability: ongoing evaluation
and control of operations
profitability ratios
Cash flow: focus on FCF
generation
M&A and Capex: strict return
discipline
“It is not what we do, but how we do it”
Digitalization Diversification Decentralization Financial Discipline

11. 1 1
3. A recurrent generation of operating FCF_
+ €220 m generated since 2015
W E A R E D O M I N I O N : E Q U I T Y S T O R Y
Operating FCF (1) conversion from EBITA 2015-2020 (€m)
(1) Free Operating Cash Flow: before M&A and financial investments
EBITA
Operating FCF
75%
Guidance FCF (1)
/EBITA
Total FCF
25 28
37
48 47
31
36
43
54
64
2015 2016 2017 2018 2019
220 M€
36
36
2020

12. 1 2
4. A profitable growth story_
Operating leverage: strong organic growth and operational leverage, that will
resume in 2021
W E A R E D O M I N I O N : E Q U I T Y S T O R Y
Turnover (1) 2015-2021 (€m) Net Income (2) 2015-2021 (€m)
(1) Adjusted turnover= Annual Accounts Turnover without revenuesfrom sold devices
(3) Net Income from Continuing Operations (recurrent), excluded discontinued operations
17
22
26
33
39
13
2015 2016 2017 2018 2019 2020 2021
525
613
719
831
947 911
2015 2016 2017 2018 2019 2020 2021
23% CAGR
16%
CAGR
9% CAGR
organic growth

13. 1 3
5. Ambitious objectives: our guidance for the 2019-2023 (1)_
W E A R E D O M I N I O N : E Q U I T Y S T O R Y
Net Income x2
TURNOVER
CAGR >5%
EBITA
CAGR >10%
Financial Discipline
FREE CASH FLOW
CONVERSION
>75% EBITA
RONA
>20%
• Net Income x2 to reach €64m in 2023
• Turnover >5% CAGR
• EBITA >10% CAGR
• M&A as an accelerator
• 1/3 of the net income
• Distributed for the first time in 2020
• Free Cash Flow Conversion >75% EBITA
• RONA >20%
• DFN/EBITDA < x2
• Capex ≈ Amortization and steady WC
• Overhead cost ≈3% on Revenue

14. 1 4
5. Ambitious targets: Perspectives 2021 update_
W E A R E D O M I N I O N : E Q U I T Y S T O R Y
In view of the results
obtained in this first
quarter… … we reaffirm that in 2021 we will far exceed pre-
Covid levels of activity and profitability.
2021
… growing vs 2019 ahead of our strategic plan targets
Double digit growth
… and with a generation of free operating cash(6) >75% EBITA
Growth >10%
>5%
Growth >25%
>10%
>20%
Sales(1)
EBITA(2)
Net Income(3)
CAGRs in Strategic
Plan
2021 vs 2019

15. 1 5
6. ESG: committed to our stakeholders_
W E A R E D O M I N I O N : E Q U I T Y S T O R Y
A P O S I T I V E F O O T P R I N T
W E T A K E C A R E O F P E O P L E
A C O M M I T T E D G O V E R N A N C E
ENVIRONMENTAL
SOCIAL
GOVERNANCE

16. 1 6
We are DOMINION: equity story
Activity examples
Renewable Energy Minority Partner Entry: Incus Capital
Q3 2021 Results
FY 2020 Results

17. 1 7
Relevant examples of DOMINION’s activity_
A C T I V I T Y E X A M P L E S
Turnkey projects and O&M of
renewable energy plants
Kaixo solar plant (México)
DOMINION delivered a turnkey project to
build the largest self-supply photovoltaic
plant in Mexico (2017), with 65 MW installed
capacity and more than 200.000 panels.
Currently DOMINION provides O&M services
in the plant, which were included in the
scope of the project.
Design, construction and O&M
of industrial infrastructures
Opole energy plant (PGE Group, Poland)
DOMINION designed and managed the
construction of two 185m cooling towers in
the expansion of the Opole power plant during
2017 and 2018. DOMINION also provides O&M
services for tall structures.
This project was the largest infrastructure
work in Poland in the last 25 years.
360 projects: from the design to the operation and maintenance
Technology integration and
O&M in hospitals
Antofagasta Hospital (Chile)
DOMINION managed the implementation and
commissioning of the medical equipment
and technological infrastructure in the
Antofagasta hospital. Additionally,
DOMINION will be in charge of the O&M and
the technology revamping for the next 15
years.
The concession structure used in this
hospital has been a successful case study
and will be followed in the current
investment plant of the country.

18. 1 8
Relevant examples of DOMINION’s activity _
A C T I V I T Y E X A M P L E S
Deployment and O&M of
electricity lines
Distribution lines for Enel (Peru, Colombia and
Chile)
DOMINION undertakes the deployment,
commissioning and maintenance of
electricity distribution lines (low and
medium voltage) for ENEL in Peru, Colombia
and Chile since 2019.
The global capabilities of DOMINION, which
ensure the same quality and service level in
every part of the world, are one of the key
factors that the client values most.
Industrial O&M service under
One Stop Shop scheme
Leading chemical producer (Spain)
DOMINION manages and centralizes a wide
range of O&M services, including, among
others, logistics management,
electromechanics maintenance and the
implementation of digital transformation
improvements.
DOMINION provides these services in the
Spanish plants of a leading chemical
company.
Digital transformation to
achieve energy efficiency
Gonvarri (International production plants)
DOMINION implemented and manages since
2016 an energy consumption control and
monitoring solution for a leading automobile
components manufacturer. Thanks to it, the
client has maximized the energy efficiency of
17 production plants in 9 different countries.
DOMINION designs , implements and operates
digital transformation solutions in this and
other activity areas.
Services: O&M with technology as value added

19. 1 9
We are DOMINION: equity story
Activity examples
Renewable Energy Minority Partner Entry: Incus Capital
Q3 2021 Results
FY 2020 Results

20. 2 0
2016 Dominion sets up ‘Dominion Energy’ and embarks in the renewable energy business.
2018 Purchase of BAS (financial sponsor) minority stake and completion of a 360 view.
2018-2020 Execution of several projects in LATAM, with subsequent divestment (Build & Sell).
>2019 Identification and development of a 1GW+ pipeline, diversifying into European projects.
A value creation roadmap
R E N E W A B L E E N E R G Y B U S I N E S S R O A D M A P
2016-2020
_
LATAM
Build & Sell Strategy
2021-future
_
LATAM + Europe
IPP. Build & Hold Strategy
2021 Capital increase with Incus Capital taking a minority stake.
First step on the value creation roadmap
2021-2025 Development, construction and operation of Build & Hold projects 1GW+.
2023–2025 Potential new liquidity and value creation deals.

21. 2 1
Incus Capital brings €50M and subscribes to 23.4% of Dominion Energy
D E A L D E S C R I P T I O N
Global Dominion Access, S.A.
100%
Dominion Energy, S.L.
Dev., Engineering, Construction and O&M
BAS Projects Corporation, S.L.
Financial Sponsor
35%
IPP Player
Global Dominion Access, S.A.
Dominion Energy, S.L.
Dev., Engineering, Construction and O&M
Incus
Capital
76.6%
23.4%
Post-money valuation: 213.75M€
Discounted as minority stake taken
Pre deal Post deal
DOMINION + €25M
Incus Capital (1)
+ €50M
BAS Projects Corporation, S.L.
Financial Sponsor
IPP Player
Deal
35%
Capital Increase
(1) The deal has been carried out by a fund advised by Incus Capital.

22. 2 2
An IPP with a 1GW+ geographically diversified project pipeline
D E A L D E S C R I P T I O N
Dominion Energy, S.L.
Dev., Engineering, Construction and O&M
BAS Projects Corporation, S.L.
Financial Sponsor
IPP Player
Assets under dev. (backlog & pipeline) Assets under construction and operation
184MW Q1 2022… ⁓300MW FY22
• Photovoltaic in Ecuador
• Biomass in Argentina
• Windfarm in México
• Photovoltaic in Dominican Republic
1GW+ to be executed in 5 years
• Italia
• Spain & Portugal
• Dominican Republic
• Mexico
• Others
360 industrial approach Concesional approach

23. 2 3
” This deal enables us to crystallize the real
value of our renewable energy business while
providing us with the necessary funds to
continue with our ambitious roadmap for the
coming years”_
Mikel Barandiaran - CEO de DOMINION

24. 2 4
We are DOMINION: equity story
Activity examples
Renewable Energy Minority Partner Entry: Incus Capital
Q3 2021 Results
FY 2020 Results

25. 2 5
2 5
2021 9 months P&L evolution_
2 0 2 1 9 M R E S U L T S
2019 9M
2021 9M
vs 2019 9M
807.3
654.6 15%
71.7 12%
11.0%
40.5 17%
6.2%
36.8 21%
5.6%
24.7 22%
3.8%
2020 9M
2021 9M
vs 2020 9M
712.8
613.8 23%
48.2 67%
7.9%
16.8 183%
2.7%
13.4 232%
2.2%
4.1 644%
0.7%
2021 9M
832.0
752.2
80.6
10.7%
47.4
6.3%
44.5
5.9%
30.2
4.0%
(€m)
Turnover
Adjusted Turnover(1)
EBITDA (2)
% EBITDA on Turnover
EBITA(2)
% EBITA on Turnover
EBIT (2)
% EBIT on Turnover
Net Income (3)
% Net Income on Turnover
(1) Scope of consolidation changes compared to 9M 2020 due to: i) the exclusion of 6 months' results of Telco services activities divested in 2020; ii) the inclusion of 9 months of bolt-on acquisitions carried out in 2020; and iii) the inclusion of 8
months of Tankiac and 6 months of MINISO (2021 acquisitions).
(2) The scope of consolidation variescompared to 9M 2019 due to: i) the exclusion of the results of 6 months of Telco services activities (divested in 2020) and 9 months of non-strategic IT activities (divested in 2019); ii) the inclusion of 8 months of
Tankiac and 6 months of MINISO (acquisitions 2021); 9 months of bolt-on acquisitions carried out in 2020; and 1 month of Bygging India and 2 months of Alterna (acquisitions 2019).
We are growing at high rates compared to 2019, with growth levels above the historical average.

26. 2 6
2 6
Highlights_
2 0 2 1 9 M R E S U L T S
2021 is set to be a record year.
The average growth rates are well above the historical average, due to the strong push of 360 Projects. Additionally, B2B Services
recovers and surpasses pre-Covid levels.
Sales
Compared to 2020 9M, organic growth of
+23% in constant currency.
The inorganic effect is positive (+0.6%) and
the FOREX effect is negative (-1%).
Compared to 2019 9M, +18% organic growth.
Inorganic effect c. zero (-0.1%) and a negative
FOREX effect (-3%).
Margins
Operating leverage:
+12% EBITDA, +17% EBITA y +21% EBIT vs
2019 9M .
High margin levels in the B2B segment,
which continue to grow compared to the
first half of the year, are particularly
noteworthy.
Net Income
Net profit of 30 €m, which is an all-time high
figure.
Growing +22% compared to 2019 9M.

27. 2 7
2 7
53%
B2B_
Services
28%
B2B_
360 Projects
Adjusted Turnover(1) distribution by segment_
2 0 2 1 9 M R E S U L T S
B2C
19%
€142m
B2B
81%
€625m B2C
2020 9M 2021 9M
€118.6 m
€189.5 m
€305.7 m
€142.4 m
€210.9 m
€398.9 m
B2B_
Services
B2B_
360 Projects
Double digit growth compared to 2020, as well as to 2019, in all segments.
+30%
+11%
+20%

28. 2 8
2 8
47%
B2B_
Services
38%
B2B_
360 Projects
Contribution margin(4) distribution by segment_
2 0 2 1 9 M R E S U L T S
B2C
15%
€15 m
B2B
85%
€85 m €2.8 m
€31.6 m
€32.6 m
€14.7 m
€38.0 m
€47.0 m
B2C
2020 9M 2021 9M
B2B_
Services
B2B_
360 Projects
Contribution margin reaches record levels in all segments.
+44%
+20%
430%

29. 2 9
2 9
2020 9M 2021 9M
495 €m
610 €m
45%
42%
13%
45%
34%
21%
+4%
+18%
+99%
Energy
Industry
T&T
2 0 2 1 9 M R E S U L T S
B2B Segment in detail_
B2B_
Services
11.8%
CM on Turnover
B2B_
360 Projects
18.0%
CM on Turnover
• Strong growth continues, well above
the historical average.
• Sales grew organically at double digit,
both compared to 9M 2020 and 9M 2019
(+10%), consolidating the segment's
growth potential.
• Margins reached strategic levels in the
last two quarters (12.6% in Q2 and Q3).
• Sales growing at double-digit rates,
driven by the growth of executions.
• Margins continue to be above strategic
targets, with Q3 CM at 18.9%.
• The carterization and enhancement
plans for the renewables project
continue.
Turnover(1) by activity field

30. 3 0
3 0
2 0 2 1 9 M R E S U L T S
B2C Segment in detail _
B2C_
• YoY total service base growth (+56.000 net
new services)
• The rate of acquisition in the
telecommunications vertical is increasing.
• In Energy, there was a slight correction in the
number of active services due to the
turbulent situation in the energy market,
which caused a temporary increase in the
churn rate and adjustments in the portfolio
due to non-payments.
• Contribution margin remains stable in figure
and sales grow driven by the high price of
energy, leading to a reduction in the margin’s
percentage on sales.
• A year of transformation for the segment,
which continues to suffer from the failure to
fully recover consumption habits in the
physical channel, the transformation of the
client acquisition channels and the
convulsions in the energy market.
No. of services by type of supply
284,000
Active
Services
120.157
170.507 164.986
56.949
118.647
2019 9M 2020 9M 2021 9M
Energy Services
Telecommunications Services
227,000
284,000
120,000

31. 3 1
We are DOMINION: equity story
Activity examples
Renewable Energy Minority Partner Entry: Incus Capital
Q3 2021 Results
FY 2020 Results

32. 3 2
2020 highlights_
2 0 2 0 R E S U L T S
L O O K I N G
T O W A R D S 2 0 2 1
Proven resilience, improving the projected results under the pandemic scenario
• The evolution shows excellence in business execution (decentralization).
• The digitalization, diversification and financial discipline have mitigated the economic impact (positive
results) and have allowed us to generate cash.
• The 4rd quarter, in which we have grown compared to Q419, confirms the recovery of the activity.
We have developed the strategic objectives of the plan
• Actions taken to unlock the value of the renewable business, with a 1GW pipeline and advanced conversations to
include a minoritarian partner.
• Evolution towards a higher value added positioning in B2B Services with the divestment of mature operations
and the organic and inorganic acquisition of new contracts with higher potential.
• Transition of the B2C business in order to become an integrator of personal and household services.
Back to the road to growth in 2021, to achieve our Strategic Plan in 2023
• We forecast that 2021 will be a year of growth compared to 2019, in which we will resume the upward trend we
were having since 2016.
2020: a great challenge for our business model, successfully overcome
2 0 2 0
H I G H L I G H T S

33. 3 3
Index_
2 0 2 0 R E S U L T S
1. 2020 execution: generating value despite covid-19
2. Main milestones and strategic development of the business
• B2B 360 Projects
• B2B Services
• B2C

34. 3 4
Income statement 2020_
2 0 2 0 R E S U L T S
2019 % 2020
Turnover 1,149.3 -10% 1,029.6
Adjusted Turnover(1) 947.3 -4% 911.0
EBITDA (2) 103.7 -23% 80.0
% EBITDA on adjusted turnover 11.4% 8.8%
EBITA (2) 63.1 -43% 36.1
% EBITA on adjusted turnover 6.7% 4.0%
EBIT (2) 56.7 -44% 31.6
% EBIT on adjusted turnover 6.0% 3.5%
Net Income from continuing operations 39.2 -68% 12.6
% NI from continuing operations on adjusted turnover 4.1% 1.4%
Net Income 32.9 -62% 12.5
% Net Income on adjusted turnover 3.5% 1.4%
(€m)
*FY 2020 consolidated perimeter differs from 2019 because : i) It includes 1 month of Bygging India and 2 months of
Alterna; ii) It does not include 9 months of non-strategic IT activities divested during 2019 ;
iii) It does not include 6 months of the Telco service contract in Spain divested during 2020.
• The consolidation perimeter is reduced compared to 2019 because of the divestments carried out during the year*.
• The operating margin includes a negative net impact of one-offs (€10m approximately).

35. 3 5
Adjusted Turnover (1) evolution_
2 0 2 0 R E S U L T S
2019 Organic Inorganic Forex 2020
947 -2.5% 911
-0.9%
-0.4%
-4%
ADJUSTED TURNOVER EVOLUTION BREAKDOWN (1)
(€m)
213 212
230
293
225
178
211
297
Q1 Q2 Q3 Q4
QUARTERLY EVOLUTION OF THE ADJUSTED TURNOVER (1)
(m€)
“A minor decline in the organic sales (-0.4%)” “The Q4 shows a recovery in the activity”
• Main variations in the turnover are due to divestments (-0.9%) and
the negative impact of Forex (–2.5%).
• In the Q4 we have grown again (+5% organically), after
several quarters affected by Covid-19.

36. 3 6
Margins evolution_
2 0 2 0 R E S U L T S
33
39
12
2018 2019 2020
54
63
36
2018 2019 2020
One-offs €10m
One-offs €10m
• The reduction in the consolidation perimeter and the one-
offs of the year explain a large portion of the reduction in
the contribution margin.
• Double digit net income, exceeding the objectives
established under the Covid-19 scenario.
“The margins have exceeded our forecast under the pandemic scenario, even being penalized by a negative-€10 million net
impact of one-offs”
EBITA(2) EVOLUTION 2018-2020
€m
NET INCOME(3) EVOLUTION 2018-2020
€m

37. 3 7
Adjuster Turnover (1) distribution by geography_
2 0 2 0 R E S U L T S
AMERICA
26%(29%)
EUROPE &
AFRICA
64%(59%)
ASIA &
OCEANIA
10%(12%)
“We maintain a diversified global presence, where Europe and Africa have gained weight over the year”
* 2019 numbers in parentheses

38. 3 8
51%
B2B_
Services
31%
B2B_
360 Projects
Adjusted Turnover (1) distribution by segment_
2 0 2 0 R E S U L T S
B2C
18%
€165m
B2B
82%
€745m B2C
FY 2019 FY 2020
€116.1m
€288.0m
€543.2m
€165.0m
€280.9m
€465.1m*
B2B_
Services
B2B_
360 Projects
“A year marked by the impeccable execution of B2B 360 Projects, the resilience of B2B Services and the transformation of B2C”
* The reduction of the consolidation perimeter compared to 2019 affects the B2B Services segment due to the divestments made in 2020.

39. 3 9
48%
B2B_
Services
46%
B2B_
360 Projects
Contribution Margin (4) distribution by segment_
2 0 2 0 R E S U L T S
B2C
6%
€6m
B2B
94%
€100m €19.1m
€48.8m
€63.1m
€6.2m*
€48.7m
€51.1m*
B2C
FY 2019 FY 2020
B2B_
Services
B2B_
360 Projects
*Net negative One-offs (€10m) need to be added on top of the reduction of the consolidation perimeter.
“Impeccable margins of B2B 360 Projects and resilience of B2B Services and B2C”

40. 4 0
Balance sheet_
2 0 2 0 R E S U L T S
DECEMBER
2019
DECEMBER
2020
Fixed Assets 472.6 479.5
Net Working Capital (170.3) (191.6)
Total Net Assets 302.3 287.9
Net Equity 353.7 319.7
Net Financial Debt (5) (113.4) (87.4)
Others 62.1 55.5
Total Net Equity and
Liabilities
302.3 287.9
Balance sheet
(€m)
DECEMBER
2019
DECEMBER
2020
Gross Debt 88 191
Liquid Assets and Equivalents (201) (279)
Net Financial Debt (5) (113) (87)
Debt
(€m)
“A strong balance sheet, with a steady positive net cash position”
€17m of earn outs, payable from 2021 to 2027
NFD / EBITDA <0 <0

41. 4 1
Cash Flow conversion (6)_
2 0 2 0 R E S U L T S
NET CASH (5) EVOLUTION BREAKDOWN
€m
2020
EBITA (2) 36.1
Organic CAPEX - Amortization (0.8)
WC (8) organic variation 11.6
Net Financial Result (6.9)
Taxes (5.1)
Other variations 1.6
Net Operating Cash Flow (6) 36.5
Operating Net Cash Flow Conversion Rate (6)
Acquisitions 2020 (including acquired net debt) and Earn outs (12.7)
Financial investments (20.0)
Dividends paid to minority interests (1.8)
Dividends distributed to shareholders (11.0)
Share buy-back programme (17.0)
Free Cash Flow (26.0)
Net Financial Debt 2019 (113.4)
Net Financial Debt 2020 (87.4)
101%
(€m)
“Strong operating FCF generation, encouraged by the excellent performance of the B2B 360 Projects segment”
87.4
36.5
-12.7
-1.8
-11.0
-17.0
-20.0
113.4

42. 4 2
Financial discipline fulfilment_
2 0 2 0 R E S U L T S
106
113
87
2018 2019 2020
66%(1)
75%
101%
2018 2019 2020
24%
25%
16%
2018 2019 2020
Strong operating FCF conversion, backed by the good
performance of the B2B 360 Projects segment
We maintain a steady net cash position. High level of return on net assets, even under exceptional
profitability circumstances.
EBITA conversion into Operating
FCF (6)
Net Cash Position (5)
16%
RONA level (7)
€87m
101%

43. 4 3
Other relevant figures_
2 0 2 0 R E S U L T S
WORKFORCE (1) CORPORATE STRUCTURE BACKLOG (2) TOP 1 CLIENT (3)
EPS
(1) En of the year data
(2) Includes only B2B 360 Projects segemnt
(3) Devices distribution business excluded
9,532
(35 countries)
€26m
(2.8% on adjusted
turnover) (1)
€617m
<4% on adjusted
turnover
€0.075

44. 4 4
Q4 results 2020_
2 0 2 0 R E S U L T S
Q4 2019 % Q4 2020
Turnover 342.0 316.8
Adjusted Turnover (1) 292.7 +2% 297.2
EBITDA (2) 32.0 -1% 31.8
% EBITDA on adjusted turnover 10.9% 10.7%
EBITA (2) 22.6 -14% 19.4
% EBITA on adjusted turnover 7.7% 6.5%
EBIT (2) 19.8 18.2
% EBIT on adjusted turnover 6.8% 6.1%
Net Income 8.2 3% 8.5
% Net Icome on adjusted turnover 2.8% 2.9%
(€m)
*The consolidated perimeter differs from Q42019 because it does not include 3 months of the Telco service contract in Spain divested during 2020.
• The consolidation perimeter is reduced compared to Q4 2019 because of the divestments carried out during the year *.
• The operating margin includes a negative net impact of €4m one-offs.

45. 4 5
2 0 2 0 R E S U L T S
1. 2020 execution: generating value despite covid-19
2. Main milestones and strategic development of the business
• B2B 360 Projects
• B2B Services
• B2C

46. 4 6
Highlights of the B2B segment_
2 0 2 0 R E S U L T S
B2B Services
51%
of the Turnover (1)
11,0%
CM (4) on Turnover (1)
T&T Industry Energy
46%
(47%)
16%
(12%)
38%
(41%)
B2B 360 Projects
31%
of the Turnover (1)
17,3%
CM (4) on Turnover (1)
617 M€
Backlog
“An end-to-end proposal, from the development and the execution to the operation and maintenance”
* 2019 numbers in parenthesis

47. 4 7
Highlights of the B2B segment: 360 Projects_
2 0 2 0 R E S U L T S
Resilience of the business & new projects
Renewables business: towards becoming a relevant global player
• The segment has shown a high resilience thanks to its excellent execution during
2020, and has maintained both revenue and profitability levels compared to 2019.
• During 2020 we have been awarded with several projects that assure a profitable
growth of the activity in the mid-term. A relevant one has been the Buin-Paine hospital
in Chile, which is due to start in 2022.
• During 2020 we have completed a 18 MW biomass plant in Argentina, and we have
carried out the construction of a 66 MW wind farm in Mexico, which is expected to go
into operation in 2021.
• Along with BAS, our financial partner, we have disclosed a 1GW pipeline of renewable
projects for 2021-2025. In the process of unlocking the value of DOMINION Green, we
are incorporating a minority partner to strengthen the activity further.

48. 4 8
D O M I N I O N Confidential
© Dominion 2020
Highlights of the B2B segment: Services_
2 0 2 0 R E S U L T S
Recovery and growth in the Q4 2020
M&A: active and capturing opportunities
Focused on higher value added contracts
• The segment has achieved a 2% growth in the Q420, after being impacted since the
beginning of the health crisis (-7% Q120, -31% Q220, -24% Q320) due to global lockdowns
and restrictions (production slowdown and clients’ plants closure).
• We have won new contracts with high potential in the energy and industry sectors (e.g.
the 3rd contract with ENEL in Latam)
• At the same time, we have undertaken the divestment of non-strategic contracts:
Telefonica’s last mile services and IT outsourcing services in Spain
• Famaex (a B2B2C services digital platform), Dimoin and Hivisan (industrial services
companies) were acquired during 2020.
• We expect to continue very active and that new M&A opportunities will unveil in 2021.
123 129
136
156
114
89
103
159
Q1 Q2 Q3 Q4
B2B SERVICES IN 2020

49. 4 9
Highlights of the B2C segment_
2 0 2 0 R E S U L T S
Growth continues, despite mobility restrictions
Transformation of the business model
Positive Contribution Margin, thanks to quick decision making
• We closed 2020 with over 240,000 active services, which means we have acquired
70,000 net new customers during the year, including Electricity, Gas and
Telecommunication contracts, thanks to Phone House’s omnichannel platform.
• Quick decision making allowed us to mitigate the impacts during severe lockdown
periods (when the physical distribution channel was forced to close).
• We have recurrent revenues coming from our growing base of service clients.
• The transformation of the B2C business (from a retailer to a personal and household
services integrator) required operational and structure adjustments that have been
carried out during 2020.
70 k
145 k
173 k
26 k
69 k
2018 2019 2020
242 k
Electricity & Gas supply
Number of services
171 k
70 k
+71,000
services
Telecomunications

50. 5 0
Appendix_
2 0 2 0 R E S U L T S
(1) Adjusted turnover: Annual Accounts Turnover without revenues from sold devices
(2) EBITDA: Net Operating Income + Depreciation
EBITA: Net Operating Income + PPA’s
EBIT: Net Operating Income
3) Net Income or Net Attributable Income: if not indicated otherwise, it refers to the Net Income from continuing operations
4) Contribution Margin: EBITDA before corporate structure and central administration costs
5) Net Financial Debt: Financial Debt (Long and short Term) +/- Derivative financial instruments – Cash and Short-Term Investments
6) Free Operating Cash Flow: EBITDA – difference between CAPEX and Amortization – NWC variation – Net Financial Income – Tax payment; (acquisitions excluded)
7) RONA: EBITA / (Total non-current assets – Deferred assets – Goodwill not associated to cash + PPAs amortization current year +Net WC ; excluded acquisitions of
the year).
8) WC: Working capital

51. 5 1
Headquarters
Ibáñez de Bilbao, 28 8º A y B
48009 BILBAO (SPAIN)
Phone: (+34) 944 793 787
dominion-global.com
© DOMINION 2021
We help our clients transform to
become more efficient.
We apply technology to make this
happen.
We are DOMINION.