CEZ A.S. (19/2025) CEZ fixed the price of its sustainability-linked notes

Podstawa prawna: Art. 56 ust. 1 pkt 2 Ustawy o ofercie - informacje bieżące i okresowe

CEZ fixed the price of its sustainability-linked notes

Więcej na: http://biznes.pap.pl/pl/reports/espi/all,0,0,0,1

[English version below]

CEZ fixed the price of its sustainability-linked notes

Prague, April 23, 2025 - CEZ, a. s. (Baa1/A-) emphasizes the sustainability

and the environmental impact of its business. In line with this

strategy, its fourth EUR 750 million 4,125% sustainability-linked notes

due 2033 have been successfully introduced on capital markets. The notes

are based on the Sustainable Financing Framework.

In case CEZ does not meet its GHG Emission Intensity target of max. 0.16

tCO2e/MWh by 31st December 2030, this will result in a Redemption

Premium of 0.75% paid at maturity in 2033.

The deal was priced at a spread of 185 basis points above the reference

mid-swap rate with a resulting issue price of 99,393%. The expected

issue date is April 30, 2025. The sustainability-linked notes will be

issued under the established EMTN Programme.

CaixaBank, Citi, IMI-Intesa Sanpaolo, Raiffeisen Bank International,

SMBC, Societe Generale and Unicredit have acted as Joint Lead Managers.

PKO Bank Polski S.A. acts as a co-lead manager.

More information on page: http://biznes.pap.pl/en/reports/espi/all,0,0,0,1