Current Report No.: 10/2021

Title: Information on the proposed coverage of the net loss generated in 2020
Date: 2021.13.04
Report no.:  Current Report No.: 10/2021

Current Report No.: 10/2021

Date of Preparation: 13 April 2021

Issuer's Abbreviated Name: ENEA S.A.

Subject: Information on the proposed coverage of the net loss generated in 2020

Legal Basis: Article 17(1) of the Market Abuse Regulation - confidential information

Body of the report:

The Management Board of ENEA S.A. ("Company") hereby reports that on 13 April 2021 it adopted a resolution on the proposed to coverage of the Issuer's net loss and the recommendation to refrain from distributing a dividend for the financial year 2020. According to the resolution, the Company's Management Board proposes to cover the Issuer's net loss for the financial year covering the period from 1 January 2020 to 31 December 2020, in the amount of PLN 3,356,750 thousand from retained earnings in the amount of PLN 2,417,070 thousand and supplementary capital in the amount of PLN 939,680 thousand.

The guiding principle of ENEA S.A.'s dividend policy remains that any future dividend payments will be made depending on the amount of the profit generated by the Issuer and the Issuer's financial standing.

The Company also reports that along with the adoption of the said resolution, the Issuer's Management Board decided to submit a motion to the Issuer's Supervisory Board to present its assessment of the ENEA S.A. Management Board's proposals and recommendations. At the same time, the Company explains that the final decision regarding the coverage of the net loss for the financial year 2020 will be made by the Ordinary General Meeting of ENEA S.A.

Having in mind the diverse and international nature of Enea SA's shareholding, and also the provisions of the Best Practices of WSE Listed Companies, Enea SA guarantees the availability of its website also in English. In case of any interpretation doubts and discrepancies between the Polish and English versions, the Polish version shall prevail.