1. Prezentacja Grupy EPH
Październik 2019

2. Minority co-investors
D. Křetínský jest głównym udziałowcem i posiada wyłączną kontrolę nad Energetický a průmyslový holding, a.s.
EPH shareholder structure
Shareholder overview
Daniel Křetínský
Minority co-investors
Daniel Křetínský
EPH - Chairman and CEO
Daniel Křetínský is the co-founder and Chairman of the Board of EPH (Energetický a průmyslový Holding). He has 94% share in EPH; he has investments in Czech Media Investments media house, CEE e-commerce group Mall and EPGC
88.68%
100%
11.32%
EP Investment II S.à.r.l.
EP Investment S.à.r.l.
94% share in EPH
47%
53%
Minority co-investors
Selected members of the top-management co-invested in the EPH shares and have in aggregate 6% economic interest in EPH
EPIF shareholder structure
6% share in EPH
Consortium led by MIRA1
100%
Consortium led by MIRA
Consortium of global infrastructure investors led by Macquarie Infrastructure and Real Assets (“MIRA”)
Consortium is led by Macquarie European Infrastructure Fund 5 (“MEIF 5”) and includes several global institutional investors
EPHCo
MacCo2
69%
31%
31% share in EPIF
Macquarie Infrastructure and Reals Assets (MIRA) is ultimately owned via a structure of Macquarie European Infrastructure Fund 5 (MEIF 5) and other shareholders
MacCo is co-owned by MIRA and several other institutional co-investors, whereby MIRA has the controlling rights and MacCo is the only party to the SPA and SHA with EPHCo

3. Główne wskaźniki finansowe EPH
Consolidated results of 20181
Consolidated sales reached EUR 7.0bn
Consolidated economic EBITDA was EUR 1.9bn
Consolidated assets reached EUR 13.3bn
Consolidated adjusted net debt was EUR 5.0bn
Net consolidated leverage ratio stood at 2.6x
Consolidated Sales
Consolidated EBITDA2
Consolidated Assets
Consolidated Leverage
EUR bn
EUR bn
EUR bn
As per 2018 audited financials
Consolidated economic EBITDA

4. Gas and Power Distribution
Wszystkie aktywa infrastrukturalne są zgrupowane w EPIF, EPPE to platforma produkcji energii, odnawialnych źródeł energii oraz paliw alternat.
100%
69%1
Other assets
100%
100%
Gas Transmission
Gas and Power Distribution
100%
100%
100%
100%
49%4
100%
49%4
100%
49%4
100%
100%
100%
100%
Gas Storage
Heat Infra
Unconsolidated participations
33% +33%3
50%2
69%5
98%
35%
31% owned by a consortium of global infrastructure investors led by Macquarie Infrastructure and Real Assets (“MIRA”)
50% shareholding in LEAG acquired in 2016 as a consortium with PPF Investments
Not (yet) formally part of EPPE but presented under EPPE due to same business rationale. EPH holds a 33% stake in SE with a put-call option structure for additional 33%
49% including management control
40.45% controlled directly and 56.15% is controlled by SPP Infrastructure. EPIF stake in SPP infrastructure is 49% including management control; considers own shares held in Nafta
65% is controlled by Nafta and 35% is owned by SPP infrastructure
100%
49%4
100%
95.6%
62%6
100%
69%

5. EPH jest 6. największym producentem energii w Europie
EPH position in European generation
Top 10 electricity producers in Europe1
EPH now operates an installed capacity of 26.1 GW, which makes it one of the largest power producers in Europe
Landmark transactions concluded in the past years include:
Acquisition of two CCGT plants from Centrica in the UK
Acquisition of CCGT fleet and 1 hard coal power plant from E.On in Italy
Acquisition of stake in predominantly hydro and nuclear fleet in Slovakia from Enel
Acquisition of stake in lignite fleet in Germany from Vattenfall
EPH total net electricity generation 2018 (TWh)2
EPH total installed capacity by fuel and country (GW)2
10.8
61.4
2.6
Lignite
9.5
Natural Gas
8.4
Hard Coal
3.3
16.8
Nuclear
1.8
Hydro
1.6
1.2
5.0
Biomass
0.6
Conventional
0.6 SK HU GE FR
15.6 CZ IT UK
Other RES
0.1
Based on total power generation in Europe including equity consolidated assets. Source: annual reports for the year 2017, EPH estimates
Operating data for year 2018 are presented on a 100% ownership basis, including equity consolidated companies such as LEAG and SE, pro-forma including also assets of Uniper France and Ballylumford and Kilroot plants acquired in Excludes installed capacity of Eggborough Power (1,96 GWe), which was decommissioned in Eggborough power generation until decommissioning is included.

6. Eustream jest kluczowym graczem w tranzycie gazu do Zachodniej i Południowej Europy
Prominent role in European gas sourcing
Critical infrastructure for Southern, Central Europe and Ukraine
No other existing transmission route with sufficient capacity to supply major part of the aforementioned region
Dominant majority of 60 bcm of gas in 2018 was transmitted under long-term ship-or-pay contracts to traditional markets of Eustream
Majority of the volume was off-taken under long-term take- or-pay supply contracts
Eustream is part of the North-South corridor
Market share of Eustream
22%
19%
21%
Total piped gas import to EU28 (329 bcm)1
20%
Eustream’s system is critical infrastructure for supplying Southern, Central Europe and Ukraine
EPIF has a stable and high market share of EU piped import gas flows
Our infrastructure is backed by contracts we concluded with our customers. Those customers need long term transit contracts with eustream because they have long term supply contracts and therefore they need to secure the route to deliver the gas to the final destination
Eustream total annual transmission
: Total piped gas import to EU28; [ ]% Total Eustream market share
Source: Company Information, Eustream company information, Argus
Total piped gas import to EU28 includes pipeline deliveries from Russia, Norway, Algeria and Libya (2017 data are preliminary). Total Eustream share is calculated as Eustream total annual transmission / Total piped gas import to EU28

7. EP Power Europe

8. EP Power Europe posiada różne aktywa energetyczne na kilku europejskich rynkach
Net installed capacity / fuel
Country
Group Companies
Asset highlight
Business profile
Two lignite mines and two CHP plants
Lignite mine and Buschhaus power plant that entered strategic reserve in 2016
Share in Schkopau power plant with contract until 2021
Highly efficient hard coal power plant
17 – 19 mt annual lignite production
0.5 GW in lignite1
0.7 GW in hardcoal
Contracted / security reserve
Germany
Merchant
Completed biomass conversion project with UK government backed contract for difference until 2027
Highly efficient CCGTs with leading positions within the UK merit order
Natural gas and hard coal assets in Northern Ireland
Contract for difference / Contracted
0.4 GW biomass conversion
2.9 GW in gas
0.5 GW in hard coal UK
4.1 GW in gas2
0.6 GW in hard coal
0.1 GW in biomass
Fleet of 5 modern gas-fired power plants in mainland Italy and Sicily and 1 coal-fired power plant in Sardinia
2 biomass plants with total capacity of 73 MW
Merchant / must-run / ancillary services
Contracted
Italy
Two natural gas plants and two hard coal plants in Saint-Avold
Biomass plant in Gardanne
Merchant / ancillary services
Contracted
1.2 GW in hard coal
0.8 GW in gas
0.1 GW in biomass
France
1.8 GW in nuclear
1.6 GW in hydro
0.2 GW in hard coal
0.2 GW in lignite
Unconsolidated participations
Merchant / ancillary services 3
Largest power generation company in Slovakia with 3.4 GW of carbon free capacity
Slovakia
7.6 GW in lignite
0.2 GW in gas 4
Four critical and dependable baseload power plants and associated lignite mines in Germany
Merchant / ancillary services / heat co- generation
Germany
Including 400MW capacity of Schkopau power plant that is equity consolidated
Including capacity of Scandale power plant that is equity consolidated
EPH owns 33.33% share in Slovenské elektrárne (indirectly), included in this section due to the same business rationale
EPPE owns 50% share in LEAG (indirectly)

9. Kontakt Energetický a průmyslový holding, a.s. Pařížská 26
Praha 1
Czech Republic
Tel.:
Mail:
Web: