Investor Presentaiton

7 GasNet is the regulated owner & operator of the distribution network, with 2.3 million end connections. The transformation process towards a more sustainable energy sector requires significant efforts across the whole energy Transport Fees Monthly Payments OTE Fees Monthly Payments 9 Natural Gas Producers (Norway, Russia) Gas Transport* (NET4GAS) International transit* Other distribution areas⭑ Gas Storage ERU Czech Energy Regulatory Office (ERO) • Independent regulator * Publish of the price decisions " Pricing for distribution (DSO's) OTE-W Czech electricity and gas market operator • Organization of the short-term electricity and short-term gas market . Gas Market balancing " Pricing for transport # Control activity . Customer protection . Protection os Gas Market participants # Support of renewable energy sources Distribution Services GasNet* Final Customers Retail (Annual rolling billing cycle) Business (Monthly billing) Natural Gas Retailers Fully liberalized market Czech Electricity and Gas Operator* (OTE) Payment for distribution Fixed/Variable (Transport fees included) OTE fees Final Payment Gas commodity Distribution (incl. Transport) OTE fees Gas Flow Cash Flow * Subject regulated or partially regulated by ERO gasnet.cz 43

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