GEK TERNA S.A.

Announcement for the use of the raised funds of CBL 2020

GEK TERNA SA, in the context of information on the use of the raised funds of the Common Bond Loan of 2020 (CBL 2020), announces that it granted from September 29 to December 23, 2021 long-term loan of euro 176.4 million to its subsidiaries, to finance investments in the construction of new energy projects. This amount was covered by the raised funds from the Common Bond Issue of the Company amounted to euro 500 million, in accordance with the foreseen uses of raised funds based on the provisions of section 4.1.2 of the Prospectus of 22 June 2020.