Press releases pg. 6

CEZ Group has achieved its best-ever ESG rating from the global rating aggregator CSR Hub, which collects and recalculates data from approximately 30 international agencies to form a single aggregate indicator. They currently place CEZ among the world’s 10% best-rated publicly traded companies.

The central sections of conveyor belts in strip coal mines could serve as structures for carrying photovoltaic power plants in the future. Normally, these structures are bored into the ground; however, the common solution cannot be used in areas with unstable subsoil, such as spoil heaps, waste ponds, and other unfirm areas. Engineers from PRODECO, a company from the ČEZ Group, have been developing prototypes that are able to cope with moving soil. Moreover, retired mining equipment could get a second life and a new purpose. In pursuing its vision of Clean Energy for Tomorrow, ČEZ Group will build new photovoltaic power plants with a capacity of thousands of MWs by 2030.

Ústí nad Labem Region - The largest local investor will invest CZK 100 bn in the transformation and development of the energy sector in the region by 2030. It will build new heat and electricity sources and contribute to the development of education and the preservation of jobs. Further investments will follow until 2040.
* The ČEZ Group is the most important investor in the Ústí nad Labem Region and generates 7 percent of its GDP. Now ČEZ wants to increase its investments in the region.
* ČEZ wants to invest CZK 100 bn in the region by 2030, which is roughly equivalent to two to three times the region’s annual budget.
* Investments will be made mainly in the construction of new heating and power plants and the provision of long-term heat supplies to existing customers in Ústí, Chomutov, Teplice, Klášterec nad Ohří, Jirkov, Bílina and other towns, the construction of gas-fired power plants and renewable sources, and other development projects such as lithium processing.
* New low- and zero-emission energy sources will replace outdated coal in electricity and heat for decades to come and will contribute to the greening of the region.
* The investment will provide jobs for workers in the coal industry, and ČEZ will also intensify cooperation with schools and in science and research.
* ČEZ plans to bring further investments to the region by 2040, as a part of the development of other sources of electricity and heat, e.g. a small modular reactor in Tušimice.
* One of the investments is the acquisition of a 100% stake in ACTHERM Distribuce, which provides heat distribution from the Prunéřov II power plant in Chomutov.

Operating earnings before depreciation and amortisation (EBITDA) in Q1 reached CZK 40.3 bn., which means year-on-year growth of CZK 7.8 bn. Net profit amounted to CZK 13.6 bn, CZK 2.7 bn. more year on year.
ČEZ Group confirmed its full-year outlook for 2024: EBITDA between CZK 115 and 120 bn. and an adjusted net profit between CZK 25 and 30 bn.