Investor Presentaiton
NOT WITHDRAWING FROM THE SALE CONTRACT WILL
ENABLE ČEZ TO NEGOTIATE OTHER CONDITIONS
Given the economic disadvantages of retaining EPC, ČEZ can only accept:
Sale of EPC as of 2024, i.e. not to withdraw from the sale until 31/12/2019
Renegotiation of DKS*
*
ČEZ may unilaterally withdraw from the sale of EPC
Non-withdrawal
DKS
EPC
1/1/2020
ヨ
Transaction realization (EPC physical sale)
2/1/2024
Potentially 4 years to negotiate DKS *
ČEZ-Obligation to buy 5 Mt/year (Top)
ČEZ - operates EPC
DKS termination
Counterparty operates
It will be possible to negotiate with the counterparty regarding the change of DKS (and also the ownership of
EPC) only if the option to withdraw from the sale of EPC as of 2024 is not exercised (with decision by
31/12/2019)
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Note.: DKS - Long term purchase coal contract with Vršanská uhelná, a.s.
CEZ GROUPView entire presentation