Press releases pg. 1

The Czech Republic continues to bolster its energy self-sufficiency, by reducing the country’s energy-dependence on Russia. Today, a ceremony was held to commence construction on Germany’s first onshore LNG terminal for the processing and further transport of natural gas, situated near Hamburg, at the mouth of the River Elbe on the North Sea. Led by the Hanseatic Energy Hub consortium, the terminal will be commissioned in 2027. In cooperation with the government, ČEZ Group entered into contracts last year to secure a long-term annual capacity of 2 billion cubic metres at Stade.

*Ember runs pro-customer intercity electric bus service in Scotland and is building its own charging network connected primarily to renewable sources
*Their unique technological platform effectively optimizes routing, recharging, maintenance, and customer service
*Ember started in 2020 with 2 electric buses between Edinburgh and Dundee, now they service over 20 towns with 24 vehicles
*CEZ Group will strengthen its expertise in low-carbon public transportation
*Transport produces approx. 20% of the world's CO2 emissions, almost half of which is passenger transport by road
CEZ Group's investment fund Inven Capital is expanding its portfolio of investments with the British start-up Ember, that takes a complex approach to ensuring emission-free intercity transport service. They combine ecological vehicles, on the development of which they actively cooperate with manufacturers, with their own charging infrastructure powered primarily by renewable resources, and unique tech platform, which optimizes routes, charging and vehicle utilization. Ember is not only looking to grow the fleet of all-electric buses connecting the cities of Edinburgh, Perth, Glasgow and Dundee, but is also considering expanding to other areas. In the investment round co-led by Inven Capital, Ember raised 11 million GBP from investors for further development.

CEZ Group has improved its ESG rating with CDP, one of the world's leading organisations focused on assessing public administration and companies from a sustainability perspective. In the key area of tackling climate change, CEZ has scored a B, an improvement of two ranks since 2021. CDP rates companies in terms of climate change, water security and preventing deforestation for around 750 investors from around the world.

CEZ Group has joined the approximately 1,000 companies around the world that will assess the impact of their business on the environment, landscape, ecosystems, and biodiversity in accordance with the recommendations and assessment criteria of the Task Force on Nature-related Financial Disclosures (TNFD). At the end of last year, the TNFD released a methodology for companies to financially assess not only their impacts on nature, but also the financial benefits of functional ecosystems for their business. Some investors and financial institutions already require companies to quantify their impacts, and such reporting is also included in the European legislation on sustainability (the CSRD). A list of all the initial supporters who have pledged reporting in accordance with the TNFD, as CEZ has done, was published at the current meeting of the World Economic Forum in Davos.