CEZ Group Energy Transformation and Financial Results

WE ARE GROWING OUR REGULATED ASSET BASE IN DISTRIBUTION, REGULATORY VISIBILITY UNTIL 2025 Regulatory asset base CZK billion 134 122 107 102 97 89 93 2016 2017 2021 2019 2020 2021 2022 Outcome of regulatory review for 2021-2025 supportive for RAB grow RAB will growth by 8% CAGR in 2020-2025 thanks to revaluation and investments WACC at 6.54% among the highest in Europe Π Investments directed to digital transformation, preparation for decentralized generation Accelerated growth in renewables expected from 2021 onwards, our network is ready to process connection requests 20 20

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