CEZ A.S.

Environmental & Social Information • Apr 30, 2025

D i s c l o s u r e o f I n s i d e I n f o r m a t i o n D a t e : 3 0 . 0 4 . 2 0 2 5

ČEZ sells 80% stake in Elektrárna Dukovany II to the state

The state will buy 80% of the shares in Elektrárna Dukovany II, a.s. which is implementing the construction project of two new nuclear units at the Dukovany location.

Today, the government discussed the documents related to the financing and investor model for the new nuclear units at the Dukovany location, a decision it made in December last year. The government took a key decision to continue with the construction project of new nuclear units at the Dukovany location.

Based on the First implementation contract between the state, Elektrárna Dukovany II, a.s. (EDU II) and ČEZ, the 80% stake in EDU II will be sold to the state. Direct involvement of the state is logical and necessary for construction of two units to maintain stability of the project and financial stability of ČEZ, which, in addition to new nuclear units, is implementing many other important investments in Czech energy sector related to coal exit and overall energy transition. These include investments in renewables and gas-fired power plant construction, development of distribution grid, and transformation of district heating sites.

ČEZ will retain a 20% stake in EDU II, ensuring its expert involvement in the project. A shareholder agreement related to EDU II will be signed by the Ministry of Finance and ČEZ. The value of 80% stake is CZK 3.6 bn.