Core Insights - AB Amber Grid reported a significant decline in key financial metrics for the year 2025 compared to 2024, indicating challenges in profitability and revenue generation [1][3]. Financial Performance - EBITDA for 2025 was EUR 17.3 million, down from EUR 26.5 million in 2024 [1]. - Revenue for 2025 was EUR 69.7 million, a decrease from EUR 74.6 million in 2024 [3]. - Net profit for 2025 was EUR 1.4 million, significantly lower than EUR 8.3 million in 2024 [3]. - Adjusted net profit for 2025 was EUR 10.0 million, slightly down from EUR 10.1 million in 2024 [3]. - Adjusted EBITDA remained stable at EUR 27.4 million for both 2025 and 2024 [3]. - Return on equity (ROE) for 2025 was 0.8%, a notable drop from 4.6% in 2024 [1]. Adjusted Financial Indicators - Adjustments to financial indicators were made due to temporary regulatory differences from the profitability approved by the National Energy Regulatory Council (NERC) [1]. - The adjustments included corrections for income from previous periods and deviations between NERC approved and actual profitability for the reporting period [1].

Core Viewpoint - Amber Grid is set to announce its 2026 operating results and hold the Annual General Meeting of Shareholders, with a detailed schedule of upcoming reports and meetings outlined [1] Group 1: Upcoming Announcements - The interim information for the 12 months of 2025 will be released on 27.02.2026 [1] - The 2025 Integrated Annual Report, including Management and Sustainability reports along with audited financial statements, is scheduled for 25.03.2026 [1] - The notice for the Ordinary General Meeting of Shareholders will also be issued on 25.03.2026 [1] Group 2: Shareholder Meeting and Resolutions - The resolutions from the Ordinary Annual General Meeting of Shareholders will be announced on 17.04.2026 [1] - Interim information for the first three months of 2026 is expected on 08.05.2026 [1] - Interim information for the six months of 2026 will be provided on 07.08.2026 [1] - Interim information for the nine months of 2025 is scheduled for release on 06.11.2026 [1]

Core Viewpoint - AB Amber Grid has entered into a tripartite debt transfer agreement with UAB EPSO-G and the Nordic Investment Bank (NIB) to manage a loan of EUR 10.9 million for the Klaipėda–Kiemėnai pipeline capacity expansion project [1] Group 1 - The loan of EUR 10.9 million was originally granted under a loan agreement dated August 19, 2015, between AB Amber Grid and NIB [1] - The original loan repayment term was scheduled for the second half of 2030 [1] - An internal loan agreement has been concluded between AB Amber Grid and UAB EPSO-G under the same terms as the original agreement [1] Group 2 - This transaction ensures the continuity of financial obligations for the EPSO-G group [1] - The agreement contributes to effective capital management of the EPSO-G group's capital structure [1]

Core Insights - AB Amber Grid reported a decline in revenue and net profit for the first nine months of 2025 compared to the same period in 2024, with revenue at EUR 49.5 million and net profit at EUR 1.5 million [1] - Adjusted financial indicators showed an increase in adjusted net profit and adjusted EBITDA, with adjusted net profit at EUR 9.4 million and adjusted EBITDA at EUR 22.8 million for the same period [2] - The average return on equity (ROE) improved to 2.4% for the last 12 months as of September 30, 2025, compared to 1.8% in the previous year, while the adjusted ROE increased to 6.9% from 5.2% [1][2] Financial Performance - Revenue for the first nine months of 2025 was EUR 49.5 million, down from EUR 51.6 million in 2024 [1] - Net profit decreased to EUR 1.5 million from EUR 5.7 million year-on-year [1] - EBITDA for the same period was EUR 14.7 million, a decline from EUR 19.0 million in 2024 [1] Adjusted Financial Indicators - Adjusted net profit for the first nine months of 2025 was EUR 9.4 million, an increase from EUR 7.7 million in 2024 [2] - Adjusted EBITDA rose to EUR 22.8 million from EUR 20.9 million year-on-year [2] - The average ROE for the last 12 months improved to 6.9% as of September 30, 2025, compared to 5.2% in the previous year [2] Regulatory Adjustments - The adjustments in regulated income, costs, and profitability indicators were made due to temporary regulatory differences from the profitability approved by NERC [3] - Adjusted indicators account for corrections in income from previous periods and deviations between NERC approved and actual profitability [3] - Non-recurring transactions were eliminated in the adjusted calculations [3]

Core Points - The Extraordinary General Meeting of Shareholders of AB Amber Grid approved a contract for the design and construction of an electric gas compressor at the Jauniūnai Gas Compressor Station, with a total contract price of EUR 37,418,040.00 including VAT [1][2]. Group 1: Contract Details - The contract is between AB Amber Grid and UAB MT Group, with a contract price of EUR 30,924,000.00 excluding VAT and EUR 6,494,040.00 VAT [2]. - Payment terms include 60% payment upon factory drawing approval, 30% upon delivery and inspection, and 10% upon receipt of the Construction Completion Certificate [2][3]. - The contract price is fixed but subject to review based on VAT changes and price level indexation, with adjustments applicable only after specific conditions are met [3][4]. Group 2: Performance and Conditions - The deadline for completing the works is set for 42 months from the contract's effective date, with provisions for extensions under certain circumstances such as adverse weather or client-related delays [5][6]. - A performance guarantee of 10% of the contract price excluding VAT is required, and the contract will only enter into force upon approval from the National Energy Regulatory Council [6][7]. - The CEO of the company is authorized to conclude the contract and make adjustments to the contract price within specified limits without further board approval [7][8].

Core Points - The Extraordinary General Meeting of Shareholders of Amber Grid is scheduled for 10 September 2025 to discuss the conclusion of a contract for the design services and construction works for the modernization of the Jauniūnai Gas Compressor Station [1][2][5]. Group 1: Meeting Details - The meeting will begin registration at 9:30 a.m. and end at 9:45 a.m. on the same day [2]. - The record date for participation and voting is set for 3 September 2025, with shareholder rights recorded by 24 September 2025 [3]. Group 2: Contract Overview - The contract for the modernization project is valued at EUR 30,924,000.00 excluding VAT, with a total including VAT amounting to EUR 37,418,040.00 [6]. - The contract will be between AB Amber Grid and UAB MT Group, with specific payment terms outlined [5][6]. Group 3: Payment Terms - Payment structure includes 60% upon factory drawing approval, 30% upon delivery and inspection, and 10% upon receipt of the Construction Completion Certificate [7][8]. - The contract price may be adjusted based on VAT changes and price level indexation, with a maximum increase of 15% for additional scope [9][10][11]. Group 4: Performance and Conditions - The final deadline for project completion is set for 42 months from the contract's effective date, with provisions for extensions under certain conditions [11][12]. - A performance guarantee of 10% of the contract price excluding VAT is required, and the contract is contingent upon approval from the National Energy Regulatory Council [13]. Group 5: Shareholder Rights - Shareholders holding at least 1/20 of the total votes can propose agenda additions until 27 August 2025 [17]. - Shareholders can submit questions regarding the agenda until 5 September 2025 [20]. Group 6: Voting Procedures - Shareholders may vote in writing using a General Ballot Paper, which can be requested from the company [22]. - Proxy representation is allowed, requiring proper documentation to be submitted [21]. Group 7: Additional Information - The total number of shares granting voting rights is 178,382,514 [23]. - Further information and documents related to the meeting can be accessed on the company's website [16][24].

Core Insights - Amber Grid reported stable revenue of EUR 35.0 million for the first half of 2025, unchanged from the same period in 2024 [2] - The net profit decreased to EUR 2.8 million in H1 2025 from EUR 3.4 million in H1 2024 [2] - Adjusted net profit increased to EUR 6.6 million in H1 2025, compared to EUR 5.1 million in H1 2024 [3] Financial Performance - Revenue for H1 2025: EUR 35.0 million (H1 2024: EUR 35.0 million) [2] - Net profit for H1 2025: EUR 2.8 million (H1 2024: EUR 3.4 million) [2] - EBITDA for H1 2025: EUR 11.0 million (H1 2024: EUR 12.0 million) [2] - Adjusted EBITDA for H1 2025: EUR 15.4 million (H1 2024: EUR 13.8 million) [3] Return on Equity - Average return on equity (ROE) for the last 12 months as of June 30, 2025: 4.5% (as of June 30, 2024: 2.4%) [2] - Adjusted average ROE for the last 12 months as of June 30, 2025: 6.9% (as of June 30, 2024: 5.2%) [3] Regulatory Adjustments - Adjusted financial indicators were recalculated due to temporary regulatory deviations from the profitability approved by the National Energy Regulatory Council of Lithuania (NERC) [4] - Revenue corrections for previous periods and deviations between regulated and actual profitability were considered in the adjusted calculations [4]

Group 1 - The agreement between AB Amber Grid and its largest shareholder UAB EPSO-G involves replacing a previously granted 12-month short-term loan of EUR 50 million with a long-term loan maturing in 5 years, to be repaid at the end of the term [1] - The borrowing requirement is driven by investments in long-term assets and a EUR 28.8 million payment to Polish gas transmission system operator GAZ-System for the GIPL gas pipeline infrastructure, reflecting Amber Grid's financial obligations under the EU mechanism for cross-border cost allocation [2] - The reclassification of the loan to long-term is expected to positively impact Amber Grid's short-term liquidity ratios [3]

Core Viewpoint - The National Energy Regulatory Council has approved new natural gas transmission service tariffs for Amber Grid, which will take effect on January 1, 2026, resulting in a decrease in costs for Lithuanian consumers [1][3]. Group 1: Tariff Changes - The average price of natural gas transmission services for Lithuanian consumers in 2026 will be 1.52 EUR/MWh, reflecting a 5% decrease from the 2025 average tariff of 1.60 EUR/MWh [2]. - The new tariffs will be published on Amber Grid's official website for consumer access [2]. Group 2: Contact Information - For further inquiries, Laura Šebekienė, the Head of Communications at Amber Grid, can be contacted at +370 699 61 246 or via email at l.sebekiene@ambergrid.lt [2].

Core Points - AB Amber Grid shareholders approved a dividend of EUR 0.0599 per share for the year 2024 during the general meeting held on April 30, 2025 [1] - Dividends will be distributed starting May 26, 2025, with specific procedures for shareholders based on their account management [2] - Taxation on dividends includes a 15% withholding tax for individual residents and a 16% corporate tax for legal entities, with provisions for reduced rates under double taxation agreements [3] Group 1 - The decision on profit distribution and dividend payment was made by AB Amber Grid shareholders [1] - The dividend payment process involves financial brokerage companies and authorized custodians, ensuring compliance with Lithuanian tax laws [2] - Shareholders can submit requests for reduced tax rates by providing necessary documentation to AB Amber Grid by May 19, 2025 [3] Group 2 - For inquiries regarding dividend payouts, shareholders can contact AB SEB bankas or the Head of Communications at AB Amber Grid [4]