MND a.s. subscribed for new shares in Moravia Gas Storage a.s.

Following the resolution of the General Meeting of Moravia Gas Storage a.s. to increase its share capital, MND a.s. subscribed for new shares with a total nominal value of CZK 36 million. As a result of the subscription, the registered capital of Moravia Gas Storage a.s. will be increased to CZK 38 million and MND a.s. will, in reflection of its increased investment, hold 97.37% share on the registered capital and voting rights in the company.

Completion of the transaction is subject to receipt of regulatory approvals.

The additional capital was granted to Moravia Gas Storage a.s. upon its request to finance necessary technological investment and maintenance, enabling fulfilment of its contractual obligations under the storage capacity reservation agreements with customers.