Current Report No.: 38/2024

Current Report No.: 38/2024

Date of Preparation: 17 December 2024

Issuer's Abbreviated Name: ENEA S.A.

Subject: Information on the preliminary outcome of the capacity market auction for 2029 announced by PSE

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

Body of the report:

With reference to Current Report No. 37/2024, the Management Board of ENEA S.A. ("Company", "Issuer") hereby reports that on 17 December 2024 the Company obtained information about the preliminary outcome of the primary capacity market auction for 2029, as announced by Polskie Sieci Elektroenergetyczne S.A., including the capacity auction closing price of PLN 264.90 per kW per year.

Accordingly, the Company estimates that the ENEA Group's revenue from the capacity market may amount to an annual average of approximately PLN 168 million for existing units (with a capacity contract for 1 year) and the contracted 634.102 MW. In turn, the total estimated revenue of the ENEA Group for 2029 from the capacity market, taking into account its previously contracted capacity obligations, will amount to approximately PLN 388 million.

These capacity obligations may not be treated as the final outcome of the capacity auction. The final outcome of the capacity auction will be announced by the President of the Energy Regulatory Office in the authority's Public Information Bulletin on the business day immediately following the 21st day after the completion of the capacity auction. Until then, all contracts for the sale of capacity obligations remain conditional.

At the same time, please be advised that if the final outcome of the capacity auction turns out to be significantly different from the preliminary outcome presented above, the Company will provide an update in the form of another current report.