Press releases pg. 15

Checks of safety systems, of the turbine, 69 investment actions or the replacement of a part of fuel assemblies. These are just examples of the most important works to be carried out during the planned Unit 2 outage of the Temelín Nuclear Power Plant. The technicians will disconnect the Unit from the transmission system tonight. Overall, ČEZ company plans to do almost fifteen thousand activities, which it preliminarily designed for two months.

* IC has invested in WINT, an Israeli company focused on water management for sustainability and water-damage prevention

* WINT’s clients include Microsoft, the Empire State Building, or PepsiCo

* Conserving 1 m3 of drinking water saves up to 15 kg of CO2 emissions

* CEZ is successfully reducing drinking water consumption, this being one of its priorities

WINT (Water Intelligence), an Israeli company that focuses on the early detection of water leaks and waste and on efficient water management using artificial intelligence (AI) and Internet of Things (IoT), is the latest addition to the portfolio of CEZ Group’s investment fund Inven Capital. The start-up raised a total of $35 million from investors in the latest round of investment co-led by Inven Capital and Insight Partners, a global software investor. WINT’s smart solutions are also used by world-famous global brands such as Microsoft or PepsiCo. Water conservation is one of CEZ’s sustainable development priorities. They were the first Czech company to join the UN Global Compact CEO Water Mandate.

Operating income before depreciation and amortization (EBITDA) reached CZK 62.4bn in the first half of the year, up 5% year on year. The year-on-year comparison is affected by extreme fluctuations in commodity prices, especially last year following Russia’s military invasion of Ukraine and the subsequently introduced levies on excess generation sales of CZK 11 billion. These costs almost eliminated the year-on-year increase in selling prices of electricity generated. Net income for H1 2023 reached CZK 22.3bn, down CZK 11.3bn year on year. The decrease was caused by the newly introduced windfall tax of 60 percent, which resulted in more than CZK 13bn charged to costs. CEZ Group confirms its 2023 full-year outlook: EBITDA of CZK 105 to 115bn and adjusted net income of CZK 33 to 37bn. CEZ Group will have paid CZK 110 to 120bn to the Czech state this year in dividends, income taxes and levies on excess generation sales.

*ČEZ has commissioned 56 new stations so far this year
*The construction of ultra-fast charging points continues, with drivers already using 20 of them
*ČEZ will make thousands of stations abroad available to drivers this year through roaming
*Drivers have drawn a record 2.3 million kWh of green electricity from ČEZ stations so far this year
*The amount of electricity drawn per charge is growing
More than 50 new charging points, a 12% year-on-year increase in total emission-free electricity consumption, and a 14% increase in average energy drawn per charge. These are the main contributions by the largest Czech public charging network to the electromobility boom in the Czech Republic. So far this year, ČEZ has increased its total network capacity to 36.3 MW, mainly thanks to the accelerated construction of high-speed stations. Combined with the proliferation of charging points, this means reductions in the time drivers spend charging or waiting to charge. The network is growing thanks to a European grant from the Connecting Europe Facility (CEF) programme, funds allocated by the Operational Programme Transport and ČEZ Group's own resources.