Earnings release
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uni per Press release August 11 , 2026 Uniper increases earnings and fine - tunes 2026 forecast • . • • First - half adjusted EBITDA of € 711 million and adjusted net income of € 388 million both significantly above prior - year period Earnings forecast for both key performance indicators reaffirmed and lower end of forecast range raised Improved net financial position and net cash position supported mainly by operating cash flow Uniper reaffirms strategy : billions of investments to transform Europe's energy system First - half earnings performance significantly above prior - year period Uniper generated adjusted EBITDA of € 711 million and adjusted net income of € 388 million in the first half of 2026. Adjusted EBITDA and adjusted net income in the prior - year period amounted to € 379 million and € 135 million , respectively . Uniper is now more resilient and robust in the face of outside influences than it was in the past . Uniper CEO Michael Lewis said : " Reliability , adaptability , and financial strength are crucial prerequisites for lasting success in our industry . Uniper has built up this strength over the past few years and stands on a solid foundation . We've further sharpened our portfolio and strategy and are well positioned to seize growth opportunities , enhance security of supply , and accelerate the transformation of Europe's energy system . " Christian Barr , Uniper CFO , said : " Our balance sheet is strong - with roughly € 12 billion in equity and a solid net - cash position . This gives us the flexibility to finance our investment program on our own . We're convinced that our financial strength provides a solid foundation for the next phase of our growth . We intend to invest about € 5 billion through 2030 to transform Europe's energy system . We deploy capital in a disciplined manner in order to create long - term value for our shareholders . " The Green Generation segment's adjusted EBITDA of € 302 million was significantly below the prior - year level ( H1 2025 : € 420 million ) . The unscheduled unavailability of Oskarshamn 3 nuclear power plant , which began in February 2026 , led to a reduction in power production and thus to lower earnings at the company's nuclear business in Sweden . Oskarshamn has been operational again since July 10. By contrast , the hydropower business in Sweden had a positive impact on earnings . Earnings at Uniper's hydropower business in Germany were adversely affected by a decline in earnings on hedging transactions and by exceptionally low water flow . The Flexible Generation segment's adjusted EBITDA of € 286 million was significantly under the prior - year figure of € 333 million . The absence of positive non - recurring effects from the settlement of legal disputes was the primary factor . Higher earnings from the U.K. capacity market partially offset this . In addition , the fossil trading margin increased year - on - year because of market conditions . 1 Uniper SE Holzstraße 6 40221 Düsseldorf www.uniper.energy For more information contact : Oliver Roeder M +49 1 51-12 65 84 65 oliver.roeder@uniper.energy
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2 The Greener Commodities segment’s adjusted EBITDA of €260 million was significantly above the prior-year figure of minus €296 million. The main factor was the gas business, where generally profitable optimization activities from the past still had a significant adverse impact on prior-year earnings. This negative effect no longer exists in 2026. Adjusted net income of €388 million was well above the prior-year figure of €135 million, thereby generally tracking Uniper’s adjusted EBITDA performance. Thanks in particular to strong operating cash flow of €1,982 million, Uniper’s economic net cash position of €4,548 million remains high. Earnings forecast for fiscal year 2026 reaffirmed and fine-tuned Uniper reaffirms the current-year forecast it published in March 2026. The company expects adjusted EBITDA in a range of €1.1 to €1.3 billion (formerly €1.0 to €1.3 billion). It anticipates adjusted net income of €500 million to €600 million (formerly €350 million to €600 million). Uniper reaffirms strategy: billions to be invested in energy system transformation In mid-July 2026 the Uniper Management Board reaffirmed the company’s transformation strategy. A sharper investment focus, billions of planned investments in flexible generation, renewable energy, and the expansion of the gas procurement portfolio underscore Uniper’s key role in ensuring a secure, predictable, and reliable energy supply for Europe over the long term. The company reaffirms its plan to invest approximately €5 billion between 2025 and 2030 in security of supply and the transformation of Europe’s energy systems, just over half of that amount in Germany. In addition, Uniper intends to tap into new revenue opportunities by locating data centers at suitable power plant sites. Uniper has already identified more than ten of its sites with suitable infrastructure. These sites are strategically located along European data corridors and thus offer attractive conditions for locating data centers. Three projects are already at an advanced stage of development. Additional financial investment decisions are expected in the remainder of 2026.
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3 Overview of key performance indicators About Uniper Düsseldorf-based Uniper is a European energy company with global reach. It has about 7,000 employees and plays a key role in ensuring a secure energy supply in Europe, particularly in its core markets of Germany, the United Kingdom, Sweden, and the Netherlands. Uniper’s 18.5 gigawatts of flexible power generating capacity make it a mainstay of reliable power production. Uniper is a leading gas trader and one of Northwestern Europe’s most important LNG importers, and its broad procurement portfolio enhances supply security. Uniper’s investments in renewables, hydrogen, and other low-carbon energy carriers propel the transformation of the energy system. Uniper provides energy and services to about 1,000 municipalities and industrial companies in its home market, Germany. Uniper is also Germany’s largest operator of gas storage facilities and hydropower plants.
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4 This press release may contain forward-looking statements based on current assumptions and forecasts made by Uniper SE management and other information currently available to Uniper. Various known and unknown risks, uncertainties and other factors could lead to material differences between the actual future results, financial situation, development or performance of the company and the estimates given here. Uniper SE does not intend, and does not assume any liability whatsoever, to update these forward-looking statements or to modify them to conform with future events or developments.