ALTEO Energy Services Public : Result of the mandatory public takeover bidding procedure

COMMUNICATION

ALTEO Energy Services Public Limited Company (registered office: H-1033 Budapest, Kórház u.

6-12; company registration number: Cg.01-10-045985; hereinafter referred to as "ALTEO" or "Company") hereby complies with the statutory obligation to provide extraordinary information as required by Act CXX of 2001 on the Capital Market.

With reference to the announcements of the Company published, in which the Company explained that MOL RES Investments Zártkörűen Működő Részvénytársaság (registered office: H-1117 Budapest, Dombóvári út 28; company registration number: 01-10-046154; hereinafter: "Offeror") as designated offeror under Section 68 of the Act CXX of 2001 on the Capital Market made a mandatory public purchase offer for all series "A" ordinary shares of ALTEO Plc (HU0000155726) issued by the Company with a face value of HUF 12.5 (twelve point five) each, and the Hungarian National Bank (MNB) approved the mandatory public purchase offer on February 3, 2023 with its order no. H-KE-III- 77/2023. (hereinafter: "Offer"), we inform the respected Investors of the following.

The procedure for the mandatory public takeover bid has ended on 13 March 2023.

Today, the Company was informed that a total of 2,438,442 common shares of ALTEO Plc. was offered by shareholders to the Offeror during the mandatory public takeover bid procedure which represents 12.237% voting rights in Alteo Plc. Since all the relevant competition authorities set out in the mandatory public takeover bid are given, the share sale and purchase agreements under the mandatory public takeover bid were concluded on the closing date of the takeover bid period, i.e., 13 March 2023. The Offeror will pay the consideration for the shares offered within the deadline specified in the mandatory public takeover bid.

In view of the above, the mandatory public takeover bid procedure ended successfully, as a result of which and subject to the completion of the transactions referred to in Section 2.5.2 of the mandatory public takeover bid, the Offeror will acquire 4,902,536 shares, the Főnix Private Equity Fund will acquire 4,902,535 shares and the Riverland Private Equity Fund will acquire 4,902,535 shares, by which the influence of the Contracting Parties in ALTEO Plc. will increase from 9.993% to 73.812%, of which the direct influence of the Offeror will increase from 3.331% to 24.604%, the direct influence of the Főnix Private Equity Fund will increase from 3.331% to 24.604% and the direct influence of the Riverland Private Equity Fund will increase from 3.331% to 24.604%.

Budapest, March 14, 2023

ALTEO Plc.

Disclaimer: All information contained within this article is for information purposes only, and shall not be considered an official translation of the official communication referred to herein. This document does not include the integral wording of the official communication referred to herein, the original Hungarian language version of it remains to be the solely legally binding material in the subject matter. For further information, please do not hesitate to contact us.

	ALTEO Energiaszolgáltató Nyrt. ⎢ 1033 Budapest, Kórház u. 6-12.
	Telefon: [phone] ⎢ Fax: [phone] ⎢ Email: [e-mail]
www.alteo.hu	Nyilvántartja: Fővárosi Törvényszék, mint Cégbíróság ⎢ Cg. 01-10-045985