Press releases pg. 9

Rolls-Royce and CEZ have signed a Memorandum of Understanding to explore the potential for compact nuclear power stations, known as small modular reactors (SMR), to be built in the Czech Republic.

ČEZ Group has reached an agreement to sell its Romanian assets to funds managed by Macquarie Infrastructure and Real Assets (“MIRA”). The assets comprise of seven companies, including electricity distribution networks, energy supply and the Fantanele Cogealac wind park, among others. Transaction documentation was signed today. Closing of the transaction is subject to receiving approval from European antitrust authorities and the Romanian Supreme Council of National Defence.

INVEN CAPITAL, which invests into promising start-ups in the new energy sector, has acquired a minority share in the Swedish company Eliq, using funds from both its investors: CEZ Group and European Investment Bank. The company specialises in developing applications which help energy companies precisely analyse household consumption patterns and subsequently offer customers tailored cost-saving solutions. The co-investor in this EUR 5 million round of investment, alongside Inven Capital, was Contrarian Ventures, which is a VC fund from Lithuania specialising on smart energy investment.

Today CEZ Group officially started the divestment process in Poland. After the market sounding, interested investors will be asked to present non-binding offers. CEZ intends to sell five companies in Poland, keeping only those engaged in modern energy services (ESCO). The divestment is in accordance with the current CEZ Group´s business strategy.