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

Apr 14, 2022

Current Report No.: 23/2022

Date of Preparation: 14 April 2022

Issuer's Abbreviated Name: ENEA S.A.

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

Subject: Determination of the issue price for series D shares and thefinal number of series D shares to be offered

Body of the report:

With reference to Current Report No. 19/2022 of 8 April 2022 in whichENEA S.A. ("Company") published the content of the 8 April 2022resolution of its Extraordinary General Meeting to increase theCompany's share capital by issuing series D ordinary bearer shares,waiving all preemptive rights of all existing shareholders to all seriesD shares, amending the Company's Statute, applying for admission andintroduction to trading of series D shares and/or rights to series Dshares on the regulated market operated by the Warsaw Stock Exchange anddematerialization of series D shares and/or rights to series D shares("Issue Resolution"), the Company's Management Board hereby reports thatfollowing the completion of the bookbuilding process for series D sharesissued under the Issue Resolution ("Series D Shares"), the Company'sManagement Board set the issue price for Series D Shares at PLN 8.50 perSeries D Share.

The Company's Management Board also decided to offer selected investors,on the terms set forth in the Issue Resolution and in accordance withthe rules of the subscription arranged thereunder, a total of 88,288,515Series D Shares.

The final number of Series D Shares subscribed for by the aboveinvestors under validly executed agreements for the subscription forSeries D Shares will be published by the Company separately followingthe expiration of the subscription period for Series D Shares.

Moreover, please be advised that the agreements for the subscription forSeries D Shares with investors selected by the Company's ManagementBoard will be executed no later than 27 April 2022.

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 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 the Warsaw Stock Exchange, and under no circumstances does itconstitute (i) an offering or is published in order to promote, directlyor indirectly, the purchase of or subscription for securities of ENEAS.A. with its registered office in Warsaw, or does it aim to solicit,directly or indirectly, their purchase or subscription; or (ii)advertising or promotion prepared or published by the Company for thepurpose of promoting securities of ENEA S.A., their subscription,purchase or offering, or in order to encourage investors, directly orindirectly, to purchase 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.