KN Energies AB

Regulatory Filings • Jul 30, 2020

Disclosure 385918

Klaipedos Nafta - Notification on material event

Correction: AB Klaipėdos nafta preliminary revenue for the June 2020

Correction: Announcing the total preliminary revenue figures for 2020 January-June and January-May mistake has been made - commercial LNG activity segment has not been included in total amount. Corrections as follows:

1. Total preliminary sales revenue of the Company for the January-June 2020 amount to EUR 39.4 million and is lower by 23.0 per cent compared to the same period of 2019 - EUR 51.2 million.

Preliminary revenue of the Company, EUR million:

	June	January - June
	2020	2019	Change	2020	2019	Change
Oil terminals activity	2.1	2.7	-22.2%	15.9	15.6	1.9%
LNG terminal activity	3.6	5.9	-39.0%	22.1	35.5	-37.7%
Commercial LNG activity	0.2	0.0	100.0%	1.4	0.1	13 times
Total	5.9	8.6	-31.4%	39.4	51.2	-23.0%

1. Total preliminary sales revenue of the Company for the January-May 2020 amount to EUR 33.4 million and is lower by 21.8 per cent compared to the same period of 2019 - EUR 42.7 million.

Preliminary revenue of the Company, EUR million:

	May	January - May
	2020	2019	Change	2020	2019	Change
Oil terminals activity	3.1	2.3	34.8%	13.7	12.9	6.2%
LNG terminal activity	3.7	5.8	-36.2%	18,5	29.7	-37.7%
Commercial LNG activity	0.2	0.0	100.0%	1.2	0.1	11 times
Total	7.0	8.1	-13.6%	33.4	42.7	-21.8%

Jonas Lenkšas, Chief Financial Officer, +370 694 80594.