Uniper Se · XETR:UN0
Uniper — Investor Presentation (July 2022)
8 slides from Uniper's investor presentation, Jul 22, 2022
Slide 1: Uniper’s Stabilization Package
Uniper’s Stabilization Package Prof. Dr. Klaus-Dieter Maubach – CEO Tiina Tuomela – CFO 22 July 2022
Slide 2: Financial stabilization package – Safeguarding Uniper as system-critical supplier of energy for Germany
Financial stabilization package – Safeguarding Uniper as system-critical supplier of energy for Germany Key pillars of Uniper’s support package Cost pass- KfW credit Equity € through facility injection Key messages 30% equity participation Financial stabilization of Uniper key to avoid critical Cost
Slide 3: Cost-pass through – General EnSiG mechanism relieves Uniper from mounting financial burdens
Cost-pass through – General EnSiG mechanism relieves Uniper from mounting financial burdens A general mechanism for all gas importers to pass through higher gas procurement costs relieves Uniper from significant financial burden Rationale Uniper takes responsibility for bearing meaningful share of t
Slide 4: Extension and increase of KfW credit facility – Strengthened financial headroom
Extension and increase of KfW credit facility – Strengthened financial headroom Liquidity situation is burdened by accumulated curtailment losses and significant impact on operating cash flow as well as margining Rationale Existing credit facilities have been fully utilized Additional headroom neede
Slide 5: Equity injection – Providing structural financial stability
Equity injection – Providing structural financial stability New equity needed as buffer for curtailment-related losses and in order to protect rating metrics Rationale Government equity stake of 30% provides the basis for Uniper to be considered as “government-related entity” by credit rating agenci
Slide 6: Other terms and conditions
Other terms and conditions Waiver of dividend payments Uniper shall use all reasonable endeavours to minimize losses from Gazprom LTCs Uniper Supervisory Board: adequate Ban of variable compensation for Uniper’s % representation of German Government Board of Management Mitigate dilution of Fortum: G
Slide 7: The way ahead to implement the stabilization package
The way ahead to implement the stabilization package Conditions precedent: Concluded framework agreement Conclusion of framework Shareholder approval via EGM1 agreement Regulatory approvals (e.g. state-aid) Finalizing terms of mandatory convertible instruments Agreement on KfW credit Convocation EGM
Slide 8: Disclaimer
Disclaimer This document and the presentation to which it relates contains information relating to Uniper SE, ("Uniper" or the "Company") that must not be relied upon for any purpose and may not be redistributed, reproduced, published, or passed on to any other person or used in whole or in part for