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Energa Group Results for the second quarter and the first half of 2026 Energa | GRUPA ORLEN
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Energa #EnergaResultsTurns on the future 2 Achievements1H Cogeneration, heating Power plants CCGT Distribution networks RES and BESS PLN 5.1 billion Record funds raised from the issue of series CC shares for the implementation of the Energa Group's investment
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Energa #EnergaResultsTurns on the future customers with meters remote reading Distribution increase in the volume of energy produced in RES sources Energy from RES share of RES in the total installed capacity of the Energa Group's generation assets Manufacturing Energy transformation in the Energa Group 3 Achievements1H 98% +26% 62%
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Energa #EnergaResultsTurns on the future Four large power units to stabilise the power generation system 4 Ostrołęka 745 MW PLN 2.85 billion Grudziądz I 560 MW PLN 2 billion Gdansk 560 MW PLN 3 billion Grudziądz II 560 MW PLN 3.1 billion Piling and foundation work Turbine and generator production is underway Accompanying investments: connections, roads, utilities Turbine and generator production is underway Preparing the foundations First fire – 3Q2026 ~50% of devices in the start-up phase First fire – lipiec 2026 Synchronization of the generator with the PPS network 3Q2026 – tests of operation at full power Achievements1H
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Energa #EnergaResultsTurns on the future Investments that build the value of the Energa Group 5 Investments1H 1,267 1,243 316 114 174 490 107 76 18 20 62 62 1,944 2,005 And a half. 2025 And a half. 2026 Distribution New Energy Commercial Energy District heating Detail Other and corrections
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Energa #EnergaResultsTurns on the future Energa Group's financial results after 6 months of 2026 6 Revenue 11,198 3% In PLN million I half 2026 Change y/y EBITDA 2,719 25% Net Result 1,319 56% Growing EBITDA as a result of improved results in Distribution, Retail and New Energy Adjusted EBITDA 2,763 26%
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Energa #EnergaResultsTurns on the future Financial results of the Energa Group in Q2 2026 7 Revenue 4,900 -1% In PLN million Q2 2026 Change y/y EBITDA 1,190 18% Net Result 540 50% Stronger results as a result of good operational performance of segments and in the absence of significant one-off events Adjusted EBITDA 1,238 22%
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Energa #EnergaResultsTurns on the future EBITDA structure after 6 months of 2026 (PLN million) 8 Leading share of the Distribution Segment 1,635 1,919 221 281 132 32 39 41 124 393 23 53 2,174 2,719 And a half. 2025 And a half. 2026 Other and corrections Detail District heating Commercial Energy New Energy Distribution
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Energa #EnergaResultsTurns on the future Financial results of LB Dystrybucja 9 A 0.44 TWh increase in the volume of distributed electricity, resulting m.in from low temperatures in January and February, translated into an increase in EBITDA Revenues of PLN million EBITDA PLN million Revenues of PLN million EBITDA PLN million 3,640 3,871 And a half. 2025 And a half. 2026 1,635 1,919 And a half. 2025 And a half. 2026 1,697 1,762 Q2 2025 Q2 2026 670 812 Q2 2025 Q2 2026
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Energa #EnergaResultsTurns on the future Financial results of LB Nowa Energetyka 10 Increase in EBITDA due to an increase in the RES asset base and higher production volumes, as well as higher revenues from system services. Revenues of PLN million EBITDA PLN million Revenues of PLN million EBITDA PLN million 374 475 And a half. 2025 And a half. 2026 221 281 And a half. 2025 And a half. 2026 198 254 Q2 2025 Q2 2026 120 134 Q2 2025 Q2 2026
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Energa #EnergaResultsTurns on the future Financial results of LB Energetyka Zawodowa 11 Lower electricity prices and higher quotations of CO2 allowances y/y, somewhat mitigated by a reduction in the price of coal. Revenues of PLN million EBITDA PLN million Revenues of PLN million EBITDA PLN million 763 637 And a half. 2025 And a half. 2026 132 32 And a half. 2025 And a half. 2026 291 229 Q2 2025 Q2 2026 40 -9 Q2 2025 Q2 2026
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Energa #EnergaResultsTurns on the future Financial results of LB Ciepłownictwo 12 Lower prices of coal and gas, with increasing volumes of heat and electricity production (m.in. gas engines). Revenues of PLN million EBITDA PLN million Revenues of PLN million EBITDA PLN million 261 292 And a half. 2025 And a half. 2026 39 41 And a half. 2025 And a half. 2026 89 100 Q2 2025 Q2 2026 0 9 Q2 2025 Q2 2026
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Energa #EnergaResultsTurns on the future Financial results of LB Detal 13 Increase in the volume of electricity sales to end users and higher unit margins. Successive resolution of the provision from Q4 2025 for burden-bearing contracts. Revenues of PLN million EBITDA PLN million Revenues of PLN million EBITDA PLN million 5,720 5,747 And a half. 2025 And a half. 2026 2,619 2,455 Q2 2025 Q2 2026 186 235 Q2 2025 Q2 2026 124 393 And a half. 2025 And a half. 2026
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Energa #EnergaResultsTurns on the future Q&A session
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Energa #EnergaResultsTurns on the future customers with meters remote reading Distribution increase in the volume of energy produced in RES sources Energy from RES share of RES in the total installed capacity of the Energa Group's generation assets Manufacturing Energy transformation in the Energa Group 15 Achievements1H 98% +26% 62%
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Energa #EnergaResultsTurns on the future Thank you for your attention