Enea S.A. — Capital/Financing Update 2021

Apr 13, 2021

Current Report No.: 10/2021

Date of Preparation: 13 April 2021

Issuer's Abbreviated Name: ENEA S.A.

Subject: Information on the proposed coverage of the net loss generatedin 2020

Legal Basis: Article 17(1) of the Market Abuse Regulation - confidentialinformation

Body of the report:

The Management Board of ENEA S.A. ("Company") hereby reports that on 13April 2021 it adopted a resolution on the proposed to coverage of theIssuer's net loss and the recommendation to refrain from distributing adividend for the financial year 2020. According to the resolution, theCompany's Management Board proposes to cover the Issuer's net loss forthe financial year covering the period from 1 January 2020 to 31December 2020, in the amount of PLN 3,356,750 thousand from retainedearnings in the amount of PLN 2,417,070 thousand and supplementarycapital in the amount of PLN 939,680 thousand.

The guiding principle of ENEA S.A.'s dividend policy remains that anyfuture dividend payments will be made depending on the amount of theprofit generated by the Issuer and the Issuer's financial standing.

The Company also reports that along with the adoption of the saidresolution, the Issuer's Management Board decided to submit a motion tothe Issuer's Supervisory Board to present its assessment of the ENEAS.A. Management Board's proposals and recommendations. At the same time,the Company explains that the final decision regarding the coverage ofthe net loss for the financial year 2020 will be made by the OrdinaryGeneral Meeting of ENEA S.A.