First three months 2025 interim report: strong performance and strategic plan execution marked by the launch of Kelmė wind farm I. Full-year 2025 Adjusted EBITDA and Investments guidance reiterated

Financial Performance - Adjusted EBITDA for Q1 2025 was EUR 188.5 million, reflecting a 3.7% increase year-over-year, primarily driven by the Green Capacities and Networks segments [2][11] - Investments in Q1 2025 totaled EUR 146.5 million, a decrease of 30.1% year-over-year, with 48.7% allocated to Green Capacities [3][11] - The FFO LTM/Net Debt ratio decreased by 0.9 percentage points to 28.8% compared to the end of 2024, indicating strong leverage metrics [3][11] Business Development - The Green Capacities portfolio increased to 8.4 GW, with secured capacity at 3.1 GW and installed capacity at 1.4 GW [4] - Key milestones included the completion of Kelmė WF I (114.1 MW) and the acquisition of a hybrid development project (285 MW) in Lithuania [4] - The Networks segment saw investments of EUR 3.5 billion, a 40% increase, with over 1.1 million smart meters installed [5] Sustainability - The Green Share of Generation was 60.7%, a decrease of 19.3 percentage points year-over-year, attributed to higher generation from CCGT [6] - Total GHG emissions in Q1 2025 were 1.43 million t CO2-eq, a 22.8% increase year-over-year, with Scope 1 emissions rising significantly due to new services [7][8] Shareholder Returns and Outlook - A dividend of EUR 0.663 per share was paid for H2 2024, totaling EUR 48.0 million [9] - The company maintains its full-year 2025 Adjusted EBITDA guidance of EUR 500–540 million and investment guidance of EUR 700–900 million [10]