ALTEO Energy Services Public : Suspension of the mandatory public takeover bid

COMMUNICATION

In compliance with its obligation to provide notification of extraordinary events under Act CXX of 2001 on the Capital Market (hereinafter: Capital Market Act), ALTEO Energiaszolgáltató Nyilvánosan Működő Részvénytársaság (registered office: H-1033 Budapest, Kórház utca 6-12, company registration number: Cg.01-10-045985) (hereinafter: Company or ALTEO) hereby provides the following information:

With reference to the Company's communication published on 17 December 2022 detailing that it had received the statutory public takeover bid (hereinafter: "Bid") of MOL RES Investments Zártkörűen Működő Részvénytársaság (company name under registration, former company name CEGE Zrt.; registered office: H-1117 Budapest, Dombóvári út 28; company registration number: 01-10-046154; hereinafter:"Bidder") as designated bidder under Section 68 of the Capital Market Act for all series 'A' ordinary shares of ALTEO Nyrt. (HU0000155726) issued by the Company with a face value of HUF

12.5 (twelve point five) each, and that the Bidder had submitted the Bid to the Central Bank of Hungary for approval, requesting the suspension of the process for the duration of the procedures related to the preliminary approval of the competent Hungarian Energy and Public Utility Regulatory Authority required to acquire indirect control in the licensee subsidiaries of ALTEO, we hereby inform our esteemed Investors of the following.

The Bidder informed ALTEO today that the Central Bank of Hungary has made the following decision (dated 20 December 2022, decision no. N-KE-III-455/2022.) regarding the Bid approval process:

"In respect of the Target Company, in particular the individual business associations in the ownership thereof (hereinafter: Licensee Companies), the Central Bank of Hungary suspends the approval process related to the statutory public takeover bid in accordance with Section 49(9)(b) of the Act CXXXIX of 2013 on the Central Bank of Hungary, until the decisions closing the official preliminary approval and/or acknowledgement procedure(s) of the Hungarian Energy and Public Utility Regulatory Authority (hereinafter: HEPURA) required for the Acquirers' acquisition of indirect control in the Target Company, in particular the Licensee Companies, have been submitted to the Central Bank of Hungary."

Budapest, 20 December, 2022

ALTEO Nyrt.

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. ⎢ H-1033 Budapest, Kórház u. 6-
12
	Telephone: [phone] ⎢ Fax: [phone] ⎢ Email:
[e-mail]
www.alteo.hu	Registered at: Budapest-Capital Regional Court as Court of Registration ⎢
Cg. 01-10-045985