Investor Presentaiton
1 CGH's core business is the distribution of natural gas throughout the Czech
Republic, a regulated business with 81% country coverage.
CGH Snapshot
◆ Largest distribution operation (DSO) in the country by both grid length and number of
connections
First fully unbundled utility in the Czech Republic after the successful separation from
innogy in 2020
◆ Standard European RAB-based regulation with 5-year regulatory periods (RP) with
strong track-record of tariff stability. The 5th RP began in 2021 and ends in 2025
Strategically positioned to support the transition of the Czech Heating sector from
lignite to gas
Received a Sustainalytics rating of 19.4 "Low Risk", ranked 3rd out of 83 Gas Utilities
The Czech Republic is AA-rated and the Company has a Senior Unsecured Rating: S&P
BBB+ (stable) / Fitch BBB (stable). Senior Unsecured Notes issued by the Company are
notched up to BBB+ by Fitch.
65,000km
of gas pipelines
c. 2.3m
off-take points
Current Shareholding & Corporate Structure
sunsuper
25.00%
CGN Holdings
S.à r.l
O
MACQUARIE
75.00%
BCi
Allianz (ill
55.21%
26.29%
18.50%
Czech Gas Networks,
S.à r.l (Lux)
c. 70TWh/year
distributed gas
EUR/CZK Notes
"CGNI" or "Issuer"
Czech Gas Networks Investments
S.à r.l (Lux)
Bank Facilities
EUR Green Notes
Geographic Footprint & Market Presence
Czech Gas Distribution Regions by
Company/Operator
Market Shares by customers
coverage (YE2020)
"CGH" or
"Operating Company"
4%
15%
81%
GasNet
eg.d
PPO
Source: Company Information.
9
Czech Grid Holding, a.s. (Cz)
GasNet
GasNet Služby
gasnet.cz
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