Press releases pg. 35

On the basis of the decision on the waiver of value added tax due to an extraordinary event, we are reducing all prices for charging by the amount of VAT from 1st November 2021 to 31st December 2021.

ČEZ successfully met the conditions of the ISO 37001:2016 anti-bribery management systems certification, focused on preventing corruptive behaviour. Due to the covid epidemic, the certification process stretched over nearly two years. ČEZ is the first partly state-owned company and the first energy company in Central Europe to achieve compliance with the international standard. Minimisation of the risk of corruption and expanding effective measures to prevent and address problems related to corruption is a key criterion in the ESG assessment of a company’s management.

Operating profit before depreciation and amortization (EBITDA) for Q1-Q3 reached CZK 47.5 billion, down by CZK 3.4 billion year on year. The year-on-year decrease is due to the sale of the Romanian and Bulgarian assets in 2021, which resulted in a shorter period of time during which CEZ Group consolidated the results of the assets sold into its results in 2021, and thus CZK 3.1 billion less year on year. CEZ Group refines its full-year EBITDA guidance to CZK 59 to 60 billion, while its expected Net Profit adjusted for extraordinary effects is expected to reach CZK 19 to 21 billion.

The energy company ČEZ is joining the nation-wide project called Jubilee Year, a debt jubilee that enables debtors to free themselves of execution conducted against them, if their debt is to a public institution or a company in which the state has a majority stake. For people with utility debts, ČEZ is launching a special website, www.cez.cz/cs/milostive-leto, where everyone interested can find detailed instructions on how to proceed. This one-time opportunity is available to tens of thousands of debtors in distraint, until 28 January 2022.