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Structure of shareholders

Shareholder structure - by entity type

As of Dec 31, 2025   Stake in stated capital Stake in voting rights
Legal entities, total 87.8% 87.8%
of which: Czech Republic 69.8% 69.9%
  ČEZ, a. s. 0.2%  -      
  Other legal entities 17.8% 17.8%
Private individuals, total 12.2% 12.2%

Source: Central Securities Depository

Structure of identified institutional shareholders - by geography (as of February 2026) 

North America 60.5%
United Kingdom and Ireland 12.7%
Poland 5.4%
Czech Republic 7.0%
Continental Europe (excluding Czech Republic, Hungary and Poland) 6.2%
Hungary 3.1%
Rest of the World 5.0%
Total 100.0%