Enea S.A. — Capital/Financing Update 2024

May 10, 2024

Report Content Current Report No.: 22/2024

Date of Preparation: 10 May 2024

Issuer's Abbreviated Name: ENEA S.A.

Subject: Bond issue under the ENEA S.A. bond issue program agreement

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

Body of the report:

With reference to Current Report No. 18/2024 announcing the decisionmade by the Management Board of ENEA S.A. ("Company", "Issuer") to issuebonds under the "Agreement to issue bonds up to the maximum amount ofPLN 5,000,000,000" ("Program"), the Company's Management Board herebyreports that on 10 May 2024 it adopted a resolution to carry out theissue of:

a) bonds of the ENEA0527 series in the total amount of PLN1,000,000,000, bearing interest at a variable rate calculated as the sumof the WIBOR for 6-month deposits and a margin of 1.25%. The bonds ofthis series will be issued pursuant to Article 33(1) of the Act on Bondsof 15 January 2015 as part of a public offering that does not require aprospectus, directed to qualified investors within the meaning ofArticle 1(4)(a) of Regulation (EU) 2017/1129 of the European Parliamentand of the Council of 14 June 2017 on the prospectus to be publishedwhen securities are offered to the public or admitted to trading on aregulated market, and repealing Directive 2003/71/EC, and will beintroduced to trading in the alternative trading system. The par valueof each bond is PLN 100,000. The issue price is equal to the par valueof the bonds. The bonds will be redeemed on 21 May 2027 by way of a cashpayment equal to the par value of the bonds;

b) bonds of the ENEA0530 series in the total amount of PLN1,000,000,000, bearing interest at a variable rate calculated as the sumof the WIBOR for 6-month deposits and a margin of 1.60%. The bonds ofthis series will be issued pursuant to Article 33(1) of the Act on Bondsof 15 January 2015 as part of a public offering that does not require aprospectus, directed to qualified investors within the meaning ofArticle 1(4)(a) of Regulation (EU) 2017/1129 of the European Parliamentand of the Council of 14 June 2017 on the prospectus to be publishedwhen securities are offered to the public or admitted to trading on aregulated market, and repealing Directive 2003/71/EC, and will beintroduced to trading in the alternative trading system. The par valueof each bond is PLN 100,000. The issue price is equal to the par valueof the bonds. The bonds will be redeemed on 21 May 2030 by way of a cashpayment equal to the par value of the bonds.

In accordance with Article 35(1) of the Act on Bonds, the detailed termsand conditions of the Bond issue will be attached to the purchaseproposal made available to investors on behalf of the Company.

At the same time, in an attachment to this Current Report, please findinformation about the value of financial liabilities incurred as at 31March 2024 and about the estimated value of financial liabilities as at31 December 2024 and as at 21 May 2025.