Further to the announcement on 3 October 2025, Pepco Group N.V. (“the Company”) confirms that its wholly-owned subsidiary, PEU (FIN) plc (the “Issuer”) intends to carry out its first bond issuance under its Polish bond issue programme established on 2 October 2025 (the “Bonds”).

The Issuer intends to issue up to 600,000 Bonds of 1/2025 series with a nominal value of PLN 1,000 each, up to an aggregate nominal value of PLN 600 million. The Bonds will carry interest at a floating rate based on WIBOR 6M, plus a 250 basis-point margin. The redemption date for the Bonds will be set for 6 November 2030 and the Bonds and are structured for bullet repayment at maturity. Interest payments will be made semi-annually.

The Bonds will be guaranteed by Polish-law governed suretyships (poręczenie) up to 120% of the nominal value granted by each of the Company and Pepco Poland sp. z o.o., a wholly-owned subsidiary of the Company.

The proceeds from the Bonds are intended to finance or refinance eligible green projects in line with Pepco Group’s Sustainable Financing Framework. Details of the Sustainable Financing Framework can be found on the Pepco Group investor website.

The offering of the Bonds is only to qualified investors (as defined in Regulation (EU) 2017/1129 (the “Prospectus Regulation”) in accordance with Article 33(1) of the Bonds Act (Journal of Laws 2024, item 708, as amended) without the obligation to publish a prospectus pursuant to Article 1(4)(a) of the Prospectus Regulation.

The Bonds are expected to be issued on or around 6 November 2025 and are expected to be settled and registered in the Polish National Depositary for Securities S.A. (Krajowy Depozyt Papierów Wartościowych S.A.) on 7 November 2025.

The Issuer has committed to listing the bonds on the Catalyst market operated by the Warsaw Stock Exchange and on the International Stock Exchange (TISE) within 90 days of issuance.

The issuance of the Bonds is arranged by Bank Pekao S.A., PKO BP S.A. as Dealers and Santander Bank Polska S.A. as Global Coordinator and Dealer. ING Bank N.V is acting as Green Structurer.

— ENDS —

ENQUIRIES

Investors and analysts

Tej Randhawa, Investor Relations                            +44 (0) 203 735 9210

Rebecca Jamieson, Investor Relations                    +44 (0) 203 735 9210

Media

Rollo Head, FGS Global                                             +44 (0) 7768 994 987

James Thompson, FGS Global                                  +44 (0) 7947 796 965

Blake Gray, FGS Global                                              +44 (0) 7842 631 475

Cautionary Notice

This press release is published by Pepco Group N.V. and contains inside information within the meaning of article 7(1) of Regulation (EU) No 596/2014 (Market Abuse Regulation).