Investor Presentaiton

Improving Energy Security ARDAL In the face of the Russia/Ukraine crisis Slovakia has been focused on reducing energy imports coming from Russia Slovakia has successfully increased gas reserves, reaching 83% of gas storage filling level as of September 2022 Diversification of energy sources remains the key priority and focus of the government Signed agreements with Norway and Qatar will allow to decrease supply from Russia by more than two-thirds by end of 2022 The government is developing a plan to reduce Slovakia's energy imports from Russia by 65% via substitution with LNG and gas supplied from Norway The mid-term plan covers considerable investment into renewables improvement in energy efficiency ✓ A new nuclear reactor in Slovakia that is due to start operating in early 2023 making Slovakia self-sufficient in electricity and contribute to energy security Energy Supply by Source, 2020 Coal 13.6% Natural gas 25.5% Renewables and biofuels 14.1% Oil 21.5% Nuclear 25.4% Share of Nuclear Energy in Electricity Generation, 2020 66.4% 53.9% 46.0% 38.7% 37.0% France Slovak Republic Hungary Belgium Slovenia キ 8 Source: International Energy Agency 2020, International Monetary Fund

View entire presentation