Current Report No.: 60/2018

Current Report No.: 60/2018

Date of Preparation: 15 November 2018

Short Name of Issuer: ENEA S.A.

Subject: Results of the capacity market auction for the year 2021

Legal basis: Article 17(1) MAR - confidential information

Content of report:

The Management Board of ENEA S.A. hereby discloses that on 15 November 2018, as the result of a capacity market auction for the year 2021 (the main auction), a total capacity obligation of not less than 3,473 MW was contracted for generation units owned by the ENEA Group. The closing price of the auction in the fifth round is within the 218.56-240.40 PLN/kW/year range, and pursuant to Article 38(1) of the Capacity Market Act of 8 December 2017, it shall be made public by PSE S.A within 3 working days.

The total capacity obligation of the ENEA Group involves: 915 MW for unit no. 11 in Elektrownia Kozienice under a 15-year contract and not less than 2,521 MW for modernised units under a 5-year capacity contract. Furthermore, 37 MW will be covered by a 1-year contract.

The above capacity obligations are not the final results of the capacity auction. The final results shall be published by the President of the Energy Regulatory Office in the Public Information Bulletin on his website, on the first working day following the 21st day after the end of the capacity auction. Until then all capacity obligation contracts are conditional.