Enea S.A. — Capital/Financing Update 2019

Jun 19, 2019

Current Report No.: 24/2019

Date of Preparation: 18.06.2019

Short Name of Issuer: ENEA S.A.

Subject: Terms and conditions of a national bond issue of ENEA S.A.

Legal basis: Article 17(1) MAR - confidential information

Content of report:

In relation to current report no. 22/2019 of 31 May 2019 on theintention to issue bonds, the Management Board of ENEA S.A. (Company,Issuer) reports that on18 June 2019, based on the results of thecompleted book-building process, the Company decided to issue SeriesENEA0624 bonds (Bonds) on the Polish market,under the domestic bondprogramme up to the maximum amount of PLN 5 billion, on the followingterms and conditions:

- Total nominal value of the ENEA0624 Series: PLN 1,000,000,000,

- Nominal value of one Bond: PLN 100,000,

- Issue price of one Bond: equal to the nominal value of the Bond,

- Issue date: 26 June 2019,

- Redemption date for the Bonds: 26 June 2024,

- Interest periods: semi-annual,

- Interest rate on the Bonds: variable, based on the interest rate beingthe sum of the WIBOR rate for 6-month deposits and a margin of 1.2%,

- Purpose of issue: refinancing of the Issuer's debt resulting from theENEA0220 series bonds issued by the Issuer,

- The benefits under the Bonds will be provided exclusively in cash,

- The bonds shall not be secured,

- The Bonds shall be issued pursuant to Article 33.2 of the Bonds Act of15 January 2015 to not more than 149 individually specified addressees,

- The Bonds shall be issued as bearer Bonds, shall not take the form ofa document and shall be registered on the Issue Date in the deposit ofdematerialised securities kept by Krajowy Depozyt Papierów WartościowychS.A.,

- The Issuer will apply for the introduction of the Bonds to theCatalyst alternative trading system within 90 days of the Issue Date.