Eurohold Bulgaria AD

M&A Activity • Apr 17, 2019

NEWS RELEASE

Eurohold obtained exclusivity for the acquisition of CEZ Group's assets in Bulgaria

Sofia, 17th April 2019 - Eurohold Bulgaria AD, a leading independent business group operating in the CEE/SEE/CIS region and the largest Bulgaria-based publicly-listed holding company, was granted today exclusivity for the acquisition of CEZ Group's assets in Bulgaria.

Eurohold is participating in the procedure on its own.

Eurohold will finance the transaction through own funds and additional funding to be provided by leading Western European banks.

The intention to acquire CEZ Group's assets in Bulgaria is part of Eurohold's long-term strategy to enter new regulated business segments with sustainable high growth potential.

With reference to its corporate policy, the holding company will not comment on rumors or speculations on the market, especially when third parties are concerned. Eurohold is a publiclylisted company on the Bulgarian Stock Exchange and Warsaw Stock Exchange and being such it complies strictly with the law rules and guidelines for disclosing and dissemination of corporate information. In case of sensible information related with the transaction for CEZ Group's assets in Bulgaria which concerns its shareholders and the other stakeholders, the company will inform all interested parties in a timely manner.

Eurohold Bulgaria AD

Sofia-based Eurohold Bulgaria AD is the largest publicly-listed holding company in Bulgaria and a leading independent business group, operating in the CEE/SEE/CIS region. Eurohold's subsidiaries operate in the field of insurance, leasing, car sales, asset management and investment services in 11 European countries. The company is listed on the Bulgarian Stock Exchange and the Warsaw Stock Exchange. The group has over 2.5 million clients and over 3000 employees. As of 2018, Eurohold's consolidated revenues amounted to BGN 1.3 billion, its operating profit reached BGN 52.3 million and its consolidated assets totalled BGN 1.4 billion. For the last 20 years the holding company has completed 16 successful acquisitions of companies in different business segments in Central and Eastern Europe in transactions with leading corporations in Europe. Eurohold owns Euroins Insurance Group (EIG), one of the largest independent insurance groups in the CEE/SEE/CIS region, operating in 11 European markets, including own subsidiaries in Bulgaria, Romania, North Macedonia, Ukraine, Georgia, Belarussia and the Czech Republic.

www.eurohold.bg www.eig.bg