Press releases pg. 1

This year’s first investment for the CEZ Group Inven Capital fund is the German corporation Vytal, which supports the circular economy, through reusable food and beverage packages. To achieve a more sustainable approach without needless waste, it developed a unique technology platform that allows it to ensure 99% return of packaging into the system, thereby reducing emissions by up to 85% compared to disposable products. The company operates in 24 countries, working with more than 7,000 business partners, including global brands like KFC, and Pepsi. Vytal has ambitions to expand its operations primarily to major mass events in the US, and to strengthen its position as the global leader. In the last investment round, Inven Capital with NRW.Ventures backed vytal with EUR 8 million. Since Inven’s establishment, this is the 7th investment in Germany.

Gazprom must pay CEZ over one billion Czech korunas.

The sale of CEZ Group’s coal assets in Poland to ResInvest Group was completed yesterday, just under a year since the auction process began. The sale includes companies that own and operate two hard coal-fired power plants Skawina and Chórzow with combined production of heat and power. The sale agreement was signed last November, and the transaction was subsequently approved by the Polish antitrust authority. CEZ will continue to develop modern ESCO energy services in Poland through the companies within its subsidiary company Elevion Group.

This morning the Temelín Unit 2 started generating electricity again. Operators have connected it to the transmission system after replacing part of the fuel assemblies. In terms of the scope of the work and the inspections carried out, it was the largest outage in the history of the plant. In total, they managed 21,000 activities during the shutdown, including 74 investment actions. Power engineers also checked the safety systems, the turbine an its generator. Together with the Dukovany power plant, all six nuclear units are currently in operation.