CEZ A.S.

Regulatory Filings • Apr 12, 2022

Americans and French willsupply nuclear fuel to Temel_#237;n

The American company Westinghouse andFrench company Framatome have won the tender to supply nuclear fuelassemblies for the Temel_#237;n Nuclear Power Plant. Deliveries will start in2024 and continue for approximately 15 years. The contract is worthbillions of crowns.

Three bidders, Framatome, TVEL and Westinghouse, participated inthe tender launched in April 2020. Due to diversification, two supplierswere finally selected so that CEZ Group could reliably ensure acontinuous supply of fuel cells for the Temel_#237;n Nuclear Power Plant'sreactors in the future, thus minimizing the risks of a possible supplyoutage.

Both winning companies are world leaders in the nuclear powerindustry. Westinghouse, with a manufacturing plant in Sweden, hasalready supplied fuel assemblies to Temel_#237;n for ten years after itscommissioning. Framatome is the only manufacturer based in the EuropeanUnion that supplies fuel assemblies to most Western European nuclearpower plants.

Westinghouse Electric Company has more than 60 years of nuclearpower experience worldwide. It offers products and services in thedesign, construction, management, servicing and maintenance of nuclearpower plants, and the manufacturing and servicing of key nuclearcomponents. It currently operates in 19 countries.

Framatome is an international company, with more than 60 years ofhistory, involved in the design of nuclear power units, the design,service, and installation of components for nuclear power plants,production of nuclear fuel, and supply of measurement and controlsystems. It supplies 380 reactors worldwide.

Since the beginning of the year, the Temel_#237;n plant hasgenerated 4.9 terawatt hours of electricity and provided 20 percent ofthe annual electricity consumption in Czechia. Together with Dukovany,these plants produce the largest amount of clean electricity and thussignificantly contribute to CEZ Group's emission-free generation. Thanksto nuclear power plants, the emission of approximately two tens ofmillions of tons of CO2 is avoided every year.