CEZ Group Energy Transformation and Financial Results

WE ARE DELIVERING VALUE TO OUR SHAREHOLDERS - OUR FINANCIAL TARGETS Delivery on guidance High dividend payout Strong balance sheet £ Targets 2022 EBITDA CZK 95-99 billion 2022 Adj. Net Income CZK 45-49 billion 2021 EBITDA CZK 63.2 billion Adj. Net Income CZK 22.3 billion Dividend proposal, subject to approval by AGM ()()) ♡ ப 2022 DPS of CZK 67-73 2023 payout ratio of 60 - 80% CZK 44 DPS * 106% payout 2.5-3.0x Net debt/EBITDA 1.8x Net debt/EBITDA 7

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