Enea S.A. — Share Issue/Capital Change 2022

Apr 28, 2022

Current Report No.: 26/2022

Date of Preparation: 28 April 2022

Issuer's Abbreviated Name: ENEA S.A.

Subject: Adoption of a resolution to allocate the series D shares

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

Body of the report:

In reference to Current Report No. 20/2022 of 8 April 2022, theManagement Board of ENEA S.A. ("Company") reports that in connectionwith the completion of the process of subscribing for ordinary series Dbearer shares with a nominal value of PLN 1.00 (one zloty) each, issuedon the basis of the resolution adopted by the Company's ExtraordinaryGeneral Meeting of 8 April 2022 to increase the Company's share capitalby issuing series D ordinary bearer shares, waiving all subscriptionrights of all existing shareholders to all series D shares, amending theCompany's Statute, applying for admission and introduction to trading ofseries D shares and/or rights to series D shares on the regulated marketoperated by Warsaw Stock Exchange SA and dematerialization of series Dshares and/or rights to series D shares ("Series D Shares"), on 28 April2022 the Company's Management Board adopted a resolution to allocate88,288,515 Series D Shares. The cash contributions to cover the Series DShares were injected in their entirety. The issue price of the Series DShares was PLN 8.50 per share.

The Series D Shares and the rights to the Series D Shares will be thesubject of the Company's application for admitting and introducing themto be traded on the regulated market operated by Warsaw Stock ExchangeS.A.

A detailed current report concerning the completion of the subscriptionfor Series D Shares will be published in accordance with § 16 sec. 1 ofthe Minister of Finance's Regulation of 29 March 2018 on current andperiodic information disclosed by issuers of securities and conditionsfor considering the information required by laws of a non-member stateas equivalent (Journal of Laws of 2018, Item 757).

Disclaimer:

This current report and the information contained herein are subject torestrictions and are not intended for publication, announcement,distribution or transmission, directly or indirectly, in whole or in anypart, in the United States of America, Australia, Canada, Japan or othercountries where it would be unlawful for it to be published, announced,distributed or transmitted.

This current report has been prepared in accordance with therequirements of Article 17 sec. 1 of Regulation (EU) No 596/2014 of theEuropean Parliament and of the Council of 16 April 2014 on market abuse(market abuse regulation) and repealing Directive 2003/6/EC of theEuropean Parliament and of the Council and Commission Directives2003/124/EC, 2003/125/EC and 2004/72/EC and Article 56 sec. 1 item 2 ofthe Act of 29 July 2005 on Public Offerings and the Terms and Conditionsfor Introducing Financial Instruments to an Organized Trading System andon Public Companies ("Act on Public Offering").

This current report is for information only and satisfies the disclosureobligations resting on ENEA S.A. as a public company whose shares havebeen admitted and introduced to trading on the regulated market operatedby Warsaw Stock Exchange SA, and in no event is it i) an offering or isit being published in order to promote, directly or indirectly, thepurchase of or subscription for securities of ENEA S.A. with itsregistered office in Warsaw, nor does it aim to solicit, directly orindirectly, their purchase or subscription; or (ii) advertising orpromotion prepared or published by the Company for the purpose ofpromoting securities of ENEA S.A., their subscription, purchase oroffering, or in order to encourage investors, directly or indirectly, topurchase or subscribe for such securities.

This current report does not constitute advertising within the meaningof Article 22 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.

This current report and any information contained therein is notintended for publication, announcement or distribution, directly orindirectly, in or into the United States of America or any otherjurisdiction where such public distribution of information included inthis material may be restricted or prohibited by law. The securitiesreferred to in this material have not and will not be registered underthe U.S. Securities Act of 1933, as amended, and may not be offered orsold in the territory of the United States of America, except fortransactions that are not subject to the registration obligation underthe U.S. Securities Act or under an exemption from such registrationobligation.

Legal basis: Article 17 sec. 1 of Regulation (EU) No 596/2014 of theEuropean Parliament and of the Council of 16 April 2014 on market abuse(market abuse regulation) and repealing Directive 2003/6/EC of theEuropean Parliament and of the Council and Commission Directives2003/124/EC, 2003/125/EC and 2004/72/EC (inside information).