CEZ A.S.

Interest Rate Update/Notice • May 7, 2019

Prague, 7 May 2019

ČEZ, a. s. (Identification number 45274649) Information Obligation within the meaning of §120c Act No 256/2004 Coll., on Capital Market Undertakings, as amended

ČEZ, a. s. – Interest Payment Notice

ČEZ, a. s. announces that on 7 May 2019 it will pay regular semi-annual interest payment

for the following bond issue:

Aggregate Nominal Amount: EUR 50,000,000.00 Maturity: 4 November 2019 Listing: Luxembourg Stock Exchange ISIN: XS0462797605 Interest Payment Frequency: semi-annually Interest rate: 6 month Euribor + 1.25% Interest Amount: EUR 252,133.33

Prague, 7 May 2019

ČEZ, a. s. (Identification Number 45274649) Information Obligation within the meaning of §120c Act No 256/2004 Coll., on Capital Market Undertakings, as amended

ČEZ, a. s. – Interest Rate Announcement

ČEZ, a. s. as the issuer of the foreign floating rate notes below

Aggregate Nominal Amount of the Issue:	EUR 50,000,000.00
Maturity:	4 November 2019
Listing:	Luxembourg Stock Exchange
ISIN:	XS0462797605

announces the interest rate for the twentieth interest period determined in accordance with the final terms:

Twentieth Interest Period: 7.5.2019 – 4.11.2019 Interest Rate for the Twentieth Interest Period: 1.02% p.a.