EP Infrastructure to Undertake Strategic Review

9. 7. 2021

NOT FOR DISTRIBUTION IN THE UNITED STATES, CANADA, AUSTRALIA, JAPAN OR ANY OTHER JURISDICTION IN WHICH DISTRIBUTION WOULD BE PROHIBITED OR RESTRICTED.

EP Infrastructure to Undertake Strategic Review

EP Infrastructure, a.s. (“EPIF” or “the Company”), a leading European energy infrastructure utility focused on gas transmission, gas and power distribution, heat and power generation and gas storage, announces that it has commenced a strategic review, which may include an initial public offering, among other options.

About EPIF

EPIF is a leading European energy infrastructure utility primarily focused on regulated and / or long-term contracted activities. The Company owns and operates strategically important energy infrastructure assets across Gas Transmission, Gas and Power Distribution, Heat Infra and Gas Storage.

Gas Transmission: Eustream acts as the sole gas Transmission System Operator (“TSO”) in the Slovak Republic. Eustream’s pipeline is part of the Central Corridor, which is one of the largest and most important piped gas import routes into Europe

Gas and Power Distribution: EPIF is a leader in the gas distribution market in the Slovak Republic and the second largest distributor and supplier of power in the Slovak Republic

Heat Infra: EPIF is a significant operator of heat distribution systems in the Czech Republic

Gas Storage: EPIF is a leader in gas storage capacity in the region of the Slovak Republic, Czech Republic and Austria

Enquiries:

Daniel Častvaj, castvaj@epholding.cz

This communication may include statements or projections regarding future events or the future financial performance of EPIF or their affiliates that are, or may deemed to be, “forward-looking statements”. These forward-looking statements may be identified by the use of forward-looking terminology, including the terms “expect”, “believe”, “plan”, “project”, “anticipate”, “target”, “aim”, “continue”, “estimate”, “intend”, “will”, “could”, “can have”, “likely”, “would”, “should”, “may” or “might” or, in each case, their negative or other variations or comparable terminology, or by discussions of strategy, plan, objectives, goals, future events or intentions. Forward-looking statements may and often do differ materially from actual results. Forward-looking statements are not guarantees of future performance and such risks, uncertainties, contingencies and other important factors that could cause the actual results of operations, financial condition and liquidity of EPIF and its affiliates or the industry to differ materially from those results expressed or implied in the information by such forward-looking statements. We do not intend to update these statements to reflect events and circumstances occurring after the date hereof or to reflect the occurrence of unanticipated events. Many factors could cause the actual results to differ materially from those contained in our projections or forward-looking statements, including, among others, general economic conditions, our competitive environment, as well as many other risks specifically related to EPIF, their affiliates, and their operations.

This communication is not being made in and copies of it may not be distributed or sent into the United States, Canada, Australia or Japan or any other jurisdiction in which the making or distribution of the announcement would be prohibited or restricted.

This communication is not an offer for sale of securities in the United States. The securities referred to herein may not be sold in the United States absent registration or an exemption from registration under the U.S. Securities Act of 1933, as amended (the “Securities Act”). EPIF does not intend to register any of the securities in the United States or to conduct a public offering of the securities in the United States. Accordingly, any offer or sale of the securities may be made only in a transaction exempt from the registration requirements of the Securities Act.

This communication is addressed in any member state of European Economic Area only to those persons who are qualified investors in such member state (“Qualified Investors”) within the meaning of Regulation (EU) 2017/1129 (the “Prospectus Regulation”) and such other persons as this announcement may be addressed on legal grounds, and no person that is not a Qualified Investor may act or rely on this announcement or any of its contents.

This communication does not constitute or form part of any offer or invitation to sell, or any solicitation of any offer to purchase and does not constitute a prospectus within the meaning of the Prospectus Regulation and underlying legislation and does not constitute an offer to acquire any securities. If an offer of any securities referred to herein will be made, investors should make their investment decision solely on the basis of information that will be contained in the prospectus to be made available in connection with such offering, if at all relevant.

This communication is being distributed to and is directed only at persons who are outside the United Kingdom or, if in the United Kingdom, to Qualified Investors (as defined in the Prospectus Regulation as it forms part of English law by virtue of the European Union (Withdrawal) Act 2018) who are: (i) investment professionals within the meaning of Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the “Order”); (ii) are high net worth entities, and other persons to whom it may lawfully be communicated, falling within Article 49(2)(a) to (d) of the Order; or (iii) persons that fall within another exemption to the Order (all such persons together being referred to as “Relevant Persons”). Any investment activity to which this communication relates will only be available to and will only be engaged with, Relevant Persons.  Any person who is not a Relevant Person should not act or rely on this document or any of its contents.