Press releases pg. 5

With the test floating solar power plant at Homole, the upper reservoir of the Štěchovice pumped-storage power plant, power engineers will be able to determine the properties of floating carriers and solar panels in a real environment, in combination with the daily operation of the pumped-storage power plant. In the summer, the pilot installation will be expanded into a regular power plant using solar power, with a capacity of 100 kWp. Overall, the upper reservoir could house solar panels with a capacity of up to 2.5 MW.

• The Elevion Group comprises 54 companies in 9 countries, employing more than 4,100 people.

• In total, the Belectric Group has completed more than 400 photovoltaic projects with a capacity of more than 4 GW and provides services on 2.2 GW of power plants.

• Belectric GmbH and other European parts of Belectric will become one of the flagships of Elevion Group’s expansion in the solar market.

• For Belectric, the merger with the Elevion Group means the possibility of significant synergies in the advanced energy solutions sector and access to new customers.

The subject of the acquisition is a 100% stake in the German-based Belectric GmbH and other European parts of the Belectric Solar & Battery Group holding, such as Belectric France SARL, Belectric Solar Ltd, Belectric Italia SRL, as well as Belectric Israel Ltd. The group develops, designs, builds, and services photovoltaic power plants. The acquisition is in line with the Elevion Group’s strategy that envisages covering the entire business chain in the field of climate-neutral solutions.

• Last year, ČEZ detected 6.5 times more suspicious activity in its networks than three years ago.

• The newly launched security monitoring centre – the iSOC (Integrated Security Operations Center) oversees the protection of ČEZ Group in terms of physical, information, and cyber security.

• The protection of critical information infrastructure in the Czech Republic is one of the priorities of the newly established National Coordination Centre for Research and Development in the Field of Cyber Security.

The energy company ČEZ opened its new Integrated Security Operations Center – iSOC, which oversees the cyber security of ČEZ Group’s information systems, in the presence of senior representatives of the National Cyber and Information Security Agency (NÚKIB), Military Intelligence (VZ), and Czech Police (PČR). The centre’s task is not only to detect security events and incidents and activate the necessary countermeasures as quickly as possible, but also to oversee their effective resolution and, above all, to prevent security events in the future.

ČEZ, a. s. with its seat at Prague 4, Duhová 2/1444, the Czech Republic (“CEZ”), is currently considering the disposal of its Bulgarian subsidiary CEZ ESCO Bulgaria EOOD, Id. No. 204 51 65 71, with its registered office at Sofia, Mladost District, 159 Tsarigradsko Shosse Blvd., BenchMark Business Centre, Post Code 1784, Bulgaria (the “Subsidiary”), indirectly owned by CEZ through its subsidiary CEZ Bulgarian Investments B.V., having its registered office at Herikerbergweg 157, 1101 CN Amsterdam, the Netherlands, and will be seeking submission of binding offers for acquisition of 100 % ownership interest in the Subsidiary (the “Transaction”).