First six months 2025: solid results and continued strategy delivery, highlighted by the launch of 313.7 MW Kelmė wind farm, the largest in the Baltics. Full-year 2025 Adjusted EBITDA and Investments guidance reiterated

Financial Performance - Adjusted EBITDA for the first six months of 2025 was EUR 300.8 million, reflecting a 3.8% year-over-year increase, primarily driven by the Green Capacities and Networks segments [2][13] - Total investments decreased to EUR 343.2 million, down 18.7% year-over-year, with 48.1% allocated to Networks and 45.6% to Green Capacities [3][13] - The FFO LTM/Net Debt ratio improved slightly to 29.8% from 29.7% as of December 31, 2024, indicating strong leverage metrics [4] Business Development - Green Capacities segment saw an increase in Secured Capacity to 3.4 GW and Installed Capacity to 1.8 GW, with key projects reaching COD [5] - Networks segment investments increased by 40% as part of a 10-year investment plan, with 1.18 million smart meters installed [6] - A 7-year PPA was signed with Lithuanian TSO at a fixed price of EUR 74.5/MWh for up to 160 GWh/year, effective January 2026 [7] Sustainability - The Green Share of Generation decreased to 63.8%, down 21.0 percentage points year-over-year, due to higher generation at Elektrėnai Complex [8] - Total GHG emissions rose to 2.61 million t CO2-eq, a 26.0% increase year-over-year, with significant increases in Scope 1, Scope 2, and Scope 3 emissions [9] - Carbon intensity increased to 236 g CO2-eq/kWh, up 16.6% year-over-year, driven by higher natural gas generation [10] Shareholder Returns and 2025 Outlook - The company plans to distribute a dividend of EUR 0.683 per share, totaling EUR 49.4 million, pending shareholder approval [12] - Full-year 2025 Adjusted EBITDA guidance remains at EUR 500–540 million, with investment guidance of EUR 700–900 million [12]