CEZ A.S.

AGM Information • May 28, 2020

Notice to General Meeting of CEZ with 2 AnnexesThe Board ofDirectors of ČEZ, a. s., a joint-stock company with its registeredoffice at Praha 4, Duhová 2/1444,

postcode 140 53, company ID: 45274649, registered in the CommercialRegister kept by the Municipal Court in

Prague, Section B, Insert 1581, hereby convenes an Annual OrdinaryGeneral Meeting, which will be held

on June 29, 2020, from 10:00 a.m. at the Prague Congress Center, 5.května street no. 65, Prague 4.Agenda of the Annual GeneralMeeting:

1. Board of Directors Report on the Company's Business Operations andAssets for 2019, Summary Report

pursuant to Section 118(9) of the Capital Market Undertakings Act andConclusions of the Related Parties

Report for 2019

2. Supervisory Board Report

3. Audit Committee Report on the Results of Its Activities

4. Approval of the Financial Statements of ČEZ, a. s. and ConsolidatedFinancial Statements

of CEZ Group for 2019

5. Decision on the Distribution of Profit of ČEZ, a. s.

6. Decision on the Appointment of an Auditor to Perform the StatutoryAudit for the Accounting Period

of the Calendar Year of 2020

7. Decision on Donations Budget

8. Decision to Amend the Company‘s Articles of Association

9. Approval of the Transfer of a Part of the Mělník Power Plant as aContribution to the Registered Capital

of Energotrans, a.s.

10. Approval of the Remuneration Policy of ČEZ, a. s.

11. Information on the Preparation of a New Nuclear Plant at Dukovany

12. Removal and Election of Supervisory Board Members

13. Removal and Election of Audit Committee Members