Enea S.A. — Major Shareholding Notification 2022

Jun 7, 2022

Current Report No.: 35/2022

Date of Preparation: 7 June 2022

Issuer's Abbreviated Name: ENEA S.A.

Subject: State Treasury's notification regarding the change in thepercentage of the total number of votes in ENEA S.A.

Legal Basis: Article 70(1) of the Act on Offerings - purchase or sale ofa significant equity stake

Body of the report:

The Management Board of ENEA S.A. reports that on 7 June 2022 itreceived a notice dated 3 June 2022 regarding the change in the StateTreasury's percentage of the total number of votes in ENEA S.A. whosecontent it conveys below:

"Pursuant to Article 69 sec. 2(2) of the Act of 29 July 2005 on PublicOfferings and the Terms and Conditions for Introducing FinancialInstruments to an Organized Trading System and on Public Companies(Journal of Laws of 2021, item 1983 as amended) hereinafter "Act onOfferings", I hereby notify that the percentage held by the shareholder- the State Treasury in the total number of votes in ENEA S.A. with itsregistered office in Poznań ("Company") has increased from 51.50%(rounded to two places after the decimal point) to 52.29%.

1. Date and type of the event triggering the change in the percentage towhich the notification pertains:

The change to the percentage in the total number of votes took place on31 May 2022 as a result of the registration by the District Court Poznań- Nowe Miasto and Wilda in Poznań, 8th Commercial Division of theNational Court Register, of the amendment to the Company's Articles ofAssociation made pursuant to Resolution No. 5 of the Company'sExtraordinary General Meeting of 8 April 2022 in the matter ofincreasing the Company's share capital by issuing series D ordinarybearer shares, waiving all subscription rights of all existingshareholders to all series D shares, amending the Company's Articles ofAssociation, applying for admission and introduction to trading ofseries D shares and/or subscription rights to series D shares on theregulated market operated by the Warsaw Stock Exchange anddematerialization of series D shares and/or subscription rights toseries D shares.

At present, the Company's share capital is PLN 529,731,093 (say: fivehundred twenty-nine million seven hundred thirty-one thousandninety-three Polish zloty) and is divided into 529,731,093 (five hundredtwenty-nine million seven hundred thirty-one thousand ninety-three)shares with a par value of PLN 1.00 (say: one Polish zloty) each,including:

a) 295,987,473 (say: two hundred ninety-five million nine hundredeighty-seven thousand four hundred seventy-three) series "A" ordinarybearer shares;

b) 41,638,955 (say: forty-one million six hundred thirty-eight thousandnine hundred fifty-five) series "B" ordinary bearer shares;

c) 103,816,150 (say: one hundred three million eight hundred sixteenthousand one hundred fifty) series "C" ordinary bearer shares; and

d) 88,288,515 (say: eighty-eight million two hundred eighty-eightthousand five hundred fifteen) series "D" ordinary bearer shares.

The total number of votes resulting from all outstanding shares is529,731,093. The par value of each share in the Company's share capitalis PLN 1.00.

The shareholder learned of the change in the percentage of the totalnumber of votes on 31 May 2022 from current report no. 34/2022 publishedby ENEA S.A. and entitled "Registration of the share capital increaseand the change of the Articles of Association of ENEA S.A."

2. The number of shares held prior to the change in the equity stake andtheir percentage of the company's share capital and the number of votesand the percentage of the total number of votes:

Prior to the change the shareholder held 227,353,628 shares in theCompany, representing 51.50% of the Company's share capital and it wasentitled to 227,353,628 votes at the Shareholder Meeting of ENEA S.A.,representing 51.50% of the total number of votes in the Company.

3. The number of shares held at present and their percentage of thecompany's share capital and the number of votes and the percentage ofthe total number of votes:

Presently, the shareholder holds 277,015,422 shares in the Company,representing 52.29% of the Company's share capital and entitling it toexercise 277,015,422 votes, representing 52.29% of the total number ofvotes.

4. Subsidiaries of the shareholder submitting the notification that holdshares in the company:

The shareholder is not aware of any subsidiaries that would have sharesin the company.

5. Persons referred to in Article 87 sec. 1(3c) of the Act on Offerings:

The Shareholder has not entered into contracts with a third party whosesubject matter is the transfer of the title to exercise voting rights.

6. The number of votes on shares calculated according to the methodprescribed by art. 69b sec. 2 to whose purchase the holder of financialinstruments referred to in art. 69b sec. 1(1) and financial instrumentsreferred to in art. 69b sec. 1(2) is authorized or obligated, and whichare not executed solely through a cash settlement, the type or name ofthese financial instruments, the date of their expiry and the date ordeadline in which the shares will or may be acquired:

The shareholder does not hold the financial instruments referred to inart. 69b sec. 1(1) and art. 69b sec. 1(2) of the Act on Offerings.

7. The number of votes on shares calculated according to the methodprescribed by art. 69b sec. 3 to which the financial instrumentsmentioned in art. 69b sec. 1(2), the type or name of these financialinstruments and the date of maturity of these financial instrumentsrefer directly or indirectly.

The shareholder does not hold financial instruments in respect of whichthe votes should be specified according to art. 69b sec. 3 of the Act onOfferings.

8. The sum total of the number of votes stated on the basis of items 3,6 and 7 and its percentage of the total number of votes:

The shareholder holds 277,015,422 shares representing 52.29% of theCompany's share capital and entitling it to exercise 277,015,422 votes,representing 52.29% of the total number of votes."