Current Report No.: 43/2021

Title: Signing of an annex to the agreement on the financial settlement of the Coal-Fired Project under the contract for the construction of the Ostrołęka C Power Plant
Date: 2021.22.12
Report no.:  Current Report No.: 43/2021

Current Report No.: 43/2021

Date of Preparation: 22 December 2021

Issuer's Abbreviated Name: ENEA S.A.

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

Subject: Signing of an annex to the agreement on the financial settlement of the Coal-Fired Project under the contract for the construction of the Ostrołęka C Power Plant

Body of the report:

With reference to Current Report No. 21/2021, the ENEA S.A. Management Board hereby reports its obtaining of information that, on 22 December 2021, Elektrownia Ostrołęka sp. z o.o. (hereinafter: "EO"), GE Power sp. z o.o. with its registered office in Warsaw as the EPC Contractor and GE Steam Power Systems S.A.S. (formerly: ALSTOM Power Systems) with its registered office in Boulogne-Billancourt, France (consortium leader: GE Power sp. z o.o.) signed an annex to the agreement on the financial settlement of the Coal-Fired Project under the contract for the construction of the Ostrołęka C Power Plant of 25 June 2021 (hereinafter: "Annex"). The Annex extends the period provided for the financial settlement until 25 March 2022 and is a consequence of the verified financial settlement mechanism of the Coal-Fired Project.

The total amount disclosed by the Issuer in Current Report No. 21/2021 that EO will be required to pay to the EPC Contractor has not changed and will not exceed PLN 1.35 billion (net).

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.