Enea S.A. — Capital/Financing Update 2024

Jan 25, 2024

Current Report No.: 3/2024

Date of preparation: 25 January 2024

Issuer's Abbreviated Name: ENEA S.A.

Subject: Signing of a financing agreement with the European InvestmentBank

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

Body of the report:

The Management Board of ENEA S.A. ("Company", "Issuer") hereby reportsthat in connection with the execution, on 25 January 2024, of along-term investment loan agreement for up to PLN 1,000,000,000 betweenthe Company and the European Investment Bank ("EIB"), the total nominalvalue of the financing agreements entered into with the EIB over thelast twelve months has reached PLN 2,000,000,000 ("Agreements").

The funds provided under the Agreements will be allocated to the tasksof financing and refinancing capital expenditures of the Issuer's Groupincurred for the execution of the investment program associated with thedevelopment and modernization of distribution network infrastructure andits integration with renewable energy sources in 2023-2025.

The agreements provide for the drawing of tranches in either PLN or EUR,while the interest rate on each tranche will be calculated based on avariable interest rate appropriate for the interest period and currencyin question plus a margin or will be based on a fixed interest rate. Theterm of availability of the funds is 24 months from the date of theAgreements, and the final repayment date will be up to 18 years from thedate of utilization of the last tranche. The financing is not secured.