Proposal of dividend from profit of 2017: CZK 33 per share

Board of Directors of power company ČEZ today decided about proposal of dividend from profit of 2017 to be presented to General Meeting of Shareholders – 22.6.2018.

Board of Directors will propose gross dividend of CZK 33 per share (nominal value 100 CZK) which corresponds to total sum of CZK 17.8 bn (calculated on the basis of all  shares issued).

Proposed dividend reflects last year updated dividend  policy of the company the update of which  concerns  expansion of pay - out ratio to 60  – 100% of consolidated net income of CEZ Group adjusted for extraordinary items.

Ladislav Kříž, ČEZ Spokesman