Ignitis Grupe Ab · OMXVSE:IGN1L

Ignitis Grupe Ab — Q1 2026 Earnings Presentation

82 slides from Ignitis Grupe Ab's earnings presentation, May 13, 2026

  1. Slide 1: Investor presentation: 3M 2026 results & Strategic Plan 2026–2029

    Investor presentation: 3M 2026 results & Strategic Plan 2026–2029 13 May 2026

  2. Slide 2: Legal notice

    Investor presentation / Legal notice Legal notice This document has been prepared by the parent company solely for informational purposes and must not be relied upon, disclosed or published, or used in part for any other purpose. The document should not be treated as investment advice or provide bas

  3. Slide 3: Agenda

    Investor presentation / Agenda Agenda 1. 3M 2026 results 4 2. Outlook 2026 18 3. Strategic Plan 2026–2029 21 4. Supplementary information 63 3 / 82

  4. Slide 4: 3M 2026 results

    Investor presentation / 3M 2026 results 3M 2026 results 4 / 82

  5. Slide 5: Highlights

    Investor presentation / 3M 2026 results Highlights Solid performance and debut asset rotation transaction completed. Full-year 2026 guidance reiterated Disciplined Green Solid Debut asset rotation Dividends in line Capacities portfolio performance transaction completed with the policy delivery Insta

  6. Slide 6: Green Capacities Under Construction: on track and within budget

    Investor presentation / 3M 2026 results Green Capacities Under Construction: on track and within budget Solar Hydro BESS Tume SF Kruonis PSHP expansion Kelmė BESS Kruonis BESS Mažeikiai BESS 173.6 MW 110 MW 147.4 MW 99.2 MW 45.1 MW 294.8 MWh 198.5 MWh 90.3 MWh Investments made: Investments made: Inv

  7. Slide 7: Sustainability initiatives update

    Investor presentation / 3M 2026 results Sustainability initiatives update Increased share of Green Generation, continued focus on GHG emissions and OHS initiatives Electricity Generated (net), TWh GHG emissions, million t CO2 –eq Safety, TRIR Green Share of Generation, % Carbon intensity, g CO2 ekv.

  8. Slide 8: Updated Majority Shareholder’s expectations

    Investor presentation / 3M 2026 results Updated Majority Shareholder’s expectations Continued focus on strategic directions, complemented by new priorities NEW: Develop new business models Continued focus on: to drive energy demand and attract NEW: Expand Green Capacities energy-intense businesses t

  9. Slide 9: Financial performance overview

    Investor presentation / 3M 2026 results Financial performance overview Adjusted EBITDA, 2.0% Financial KPIs1, EURm 3M 2026 3M 2025 Δ driven by stronger performance in Networks and Customers & Solutions Adjusted EBITDA 192.2 188.5 2.0% Adjusted Net Profit 86.7 107.8 (19.6%) Adjusted Net Profit, 19.6%

  10. Slide 10: Adjusted EBITDA

    Investor presentation / 3M 2026 results Adjusted EBITDA Growth driven by Networks and Customers & Solutions Key drivers Adjusted EBITDA APM (23.0) EURm Lower captured price. EURm (21.0%) 188.5 192.2 +2.0% +6.6 EURm Higher RAB. 86.3 +8.9% 109.3 (2.2) EURm Lower result of balancing capacity 80.7 (12.6

  11. Slide 11: Green Capacities

    Investor presentation / 3M 2026 results Installed Capacity Green Electricity Generated (net), GW Green Share of Generation Green Capacities TWh, % 2.1 2.1 1.20 74.8% 60.7% 60.0% 1.00 0.73 Adjusted EBITDA decrease due to lower captured prices 0.80 0.01 0.76 0.03 0.09 10.0% 0.11 0.07 0.60 0.08 -40.0%

  12. Slide 12: Networks

    Investor presentation / 3M 2026 results Distribution volumes Technological losses TWh % Networks +15.4% +39.6% 6.0% 5.0% +0.4 pp 5.3% Better results driven by higher RAB 3.24 3.46 4.0% 4.9% 2.81 2.48 3.0% 2.0% +0.3 pp 1.4% 1.0% 1.0% 0.0% 3M 2025 3M 2026 3M 2025 3M 2026 Electricity Natural gas Adjust

  13. Slide 13: Reserve Capacities

    Investor presentation / 3M 2026 results Installed Capacity GW Reserve Capacities +0.0% 1.20 1.00 1.06 1.06 0.80 Adjusted EBITDA decrease due to planned major overhaul of unit 7 0.60 0.40 0.20 0.00 31 Dec 2025 31 Mar 2026 Adjusted EBITDA development APM Natural gas EURm 17.4 Electricity Generated (ne

  14. Slide 14: Customers & Solutions

    Investor presentation / 3M 2026 results Customers & Solutions Increase driven by better electricity and natural gas supply activities results Electricity retail sales Natural gas sales TWh TWh +20.4% +19.7% 3.10 2.29 2.58 Adjusted EBITDA development APM 1.91 +398.2% EURm 1.68 1.0 13.1 0.34 9.8 (n/a)

  15. Slide 15: Investments

    Investor presentation / 3M 2026 results Investments Increase driven by continued expansion of electricity distribution network Investments APM Key drivers EURm 156.9 146.5 +7.1% Increase was mainly related to higher +45.3 EURm Investments in the expansion of the 65.5 +69.2% electricity distribution

  16. Slide 16: Free cash flow

    Investor presentation / 3M 2026 results Free cash flow Negative FCF, as increase in Investments and negative change in Net Working Capital outweighed growth of Adjusted EBITDA FCF APM Key drivers EURm Adjusted EBITDA (+192.2 EURm) 16.7 Change in Net Working Capital (-91.1 EURm) Investments (-156.9 E

  17. Slide 17: Leverage metrics

    Investor presentation / 3M 2026 results Leverage metrics Improved mainly due to the completed transaction for the sale of a 49% stake in Vilnius CHP, which was offset by Net Debt/Adjusted EBITDA LTM APM higher working capital needs FFO LTM/Net Debt APM times, % Net Debt development APM 5.00 21.0% 21

  18. Slide 18: Outlook 2026

    Investor presentation / Outlook 2026 Outlook 2026 18 / 82

  19. Slide 19: Guidance 2026

    Investor presentation / Outlook 2026 Guidance 2026 Adjusted EBITDA of 550–600 EURm, Investments of 590–690 EURm guidance reiterated. Directional guidance for Green Capacities Adjusted EBITDA changed from stable to lower Adjusted EBITDA APM Investments APM EURm EURm 720.3 550–600 590–690 546.1 25.2 3

  20. Slide 20: Highlights

    Investor presentation / Outlook 2026 Highlights Solid performance and debut asset rotation transaction completed. Full-year 2026 guidance reiterated Disciplined Green Solid Debut asset rotation Dividends in line Capacities portfolio performance transaction completed with the policy delivery Installe

  21. Slide 21: Strategic Plan 2026–2029

    Strategic Investor presentation Plan 2026–2029 / Strategic / Plan 2026–2029 Strategic Plan 2026–2029 21 / 82

  22. Slide 22: 1. Business model, strategy & context

    Strategic Investor presentation Plan 2026–2029 / Strategic / Plan 2026–2029 1. Business model, strategy & context A leading integrated energy group in the Baltic region 22 / 82

  23. Slide 23: Ignitis Group

    Investor presentation / Strategic Plan 2026–2029 Ignitis Group A leading integrated energy group in the Baltic region – Our purpose is to create a 100% secure and green energy ecosystem for current and future generations – Integrated business model: benefiting from the largest network, energy storag

  24. Slide 24: Integrated business model

    Investor presentation / Strategic Plan 2026–2029 Integrated business model We are utilising our integrated business model to maximise value Green Capacities Adjusted EBITDA 2025 Networks #1 in the Baltics1 Developing and operating green Fully regulated country-wide #1 in the Baltics2 generation and

  25. Slide 25: Strategic priorities of Ignitis Group

    Investor presentation / Strategic Plan 2026–2029 Strategic priorities of Ignitis Group Secure Green Integrated Value-driven 1 2 3 4 Ensuring energy system Growing green Capturing synergies through an Delivering long-term value for security energy integrated business model customers, society, and inv

  26. Slide 26: European energy trends

    Investor presentation / Strategic Plan 2026–2029 European energy trends Need for more electricity, more flexibility and more investments in networks Growing electricity demand Growing demand for investments in distribution grids Electricity demand, TWh Investment needs for distribution grids, EURbn

  27. Slide 27: 2. Business segments

    Strategic Investor presentation Plan 2026–2029 / Strategic / Plan 2026–2029 2. Business segments Green Capacities | Networks | Reserve Capacities | Customers & Solutions 27 / 82

  28. Slide 28: Green Capacities

    Green Capacities Strategic priorities: 2.8–3.2 GW of Installed Capacity by 2029 Value over volume 28 / 82

  29. Slide 29: Green Capacities Portfolio: Installed and Under Construction

    Investor presentation / Strategic Plan 2026–2029 Green Capacities Portfolio: Installed and Under Construction Focus on green flexibility − accounts for half of the portfolio 1.4 GW 52% 48% Green Green generation flexibility 1.3 GW Pumped-storage hydro Onshore wind 1.0 GW 0.7 GW 45% 2.7 GW 48% Solar

  30. Slide 30: We focus on technologies that create the most value

    Investor presentation / Strategic Plan 2026–2029 We focus on technologies that create the most value Green generation technologies Green flexibility technologies Focus technologies Focus technologies Onshore wind BESS BESS enables the integration of renewables by facilitating demand The conditions i

  31. Slide 31: Progress towards Green Capacities targets

    Investor presentation / Strategic Plan 2026–2029 Progress towards Green Capacities targets 0.5–1.1 GW 4–5 GW Key principle: value over volume ~0.7 GW 0.1–0.5 GW 2.8–3.2 GW ~0.6 GW Projects Under Construction 2.1 GW 2025 Installed Capacity Tume SF Tume SF Kruonis PSHP Kruonis PSHP expansion project K

  32. Slide 32: Investments in Green Capacities over 2026–2029

    Investor presentation / Strategic Plan 2026–2029 Investments in Green Capacities over 2026–2029 ~9% Expansion: new capacity additions over 2026–20291 1.0–1.2 ~38% Expansion: new capacity additions post 2029 EURbn Maintenance: major repairs of existing assets Investments in Green Capacities ~53% over

  33. Slide 33: Pumped-storage hydro

    Investor presentation / Strategic Plan 2026–2029 Pumped-storage hydro Green flexibility Kruonis PSHP is one of the largest energy storage facilities in Europe: Current capacity Expansion in 2026 Capabilities post-2026 900 MW +110 MW 1,010 MW Four operating units (4x225 MW) can perform The new 5th un

  34. Slide 34: Battery energy storage systems

    Investor presentation / Strategic Plan 2026–2029 Battery energy storage systems Green flexibility BESS projects Under Construction Total BESS portfolio Under Construction Kruonis BESS Kelmė BESS Mažeikiai BESS 99.2 MW 147.4 MW 45.1 MW 198.5 MWh 294.8 MWh 90.3 MWh Mažeikiai BESS COD 2027 COD 2027 COD

  35. Slide 35: Networks

    Networks Strategic priorities: 1. Resilient and efficient electricity distribution 2. Electricity network expansion and facilitation of the energy market 3. End-to-end customer experience 35 / 82

  36. Slide 36: Networks

    Investor presentation / Strategic Plan 2026–2029 Networks The largest network in the Baltics, a natural monopoly for distribution services1 >99% of the Lithuanian market 1.9 million 1.3 million customers smart meters installed in the electricity network 10.3 TWh 132.7k km electricity of electricity

  37. Slide 37: Networks: Regulated Asset Base

    Investor presentation / Strategic Plan 2026–2029 Networks: Regulated Asset Base RAB1 EURbn Electricity Natural gas up to ~7% CAGR Regulated Asset Base, 20262 2.4 1.7 EURbn 0.3 EURbn 1.9 1.8 Approved WACC (pre-tax), 2026 0.3 0.3 5.77% 5.56% 1.7 Regulatory periods 1.5 2022–2026 2024–2028 Current Curre

  38. Slide 38: Networks: regulatory framework

    Investor presentation / Strategic Plan 2026–2029 Networks: regulatory framework Traditional RAB x WACC regulatory framework, with additional support for executing a significant investment programme OPEX + Pass-through costs 1 Technological losses + Depreciation and amortisation Depreciation and 2 (i

  39. Slide 39: Investments in Networks that enable electrification and resilience

    Investor presentation / Strategic Plan 2026–2029 Investments in Networks that enable electrification and resilience Maintenance Expansion Increasing network resilience 0.3 0.6 New connection points EURbn Cabling of overhead lines and EURbn upgrading underground cables ~46% 1.4–1.6 ~50% Rebuilding th

  40. Slide 40: Strategic focus on electricity network and customers

    Investor presentation / Strategic Plan 2026–2029 Strategic focus on electricity network and customers Resilient and efficient Electricity network expansion and End-to-end customer electricity distribution facilitation of the energy market experience Electricity SAIFI1 New connection points and upgra

  41. Slide 41: Reserve Capacities

    Reserve Capacities Strategic priorities: Contributing to the security of the energy system 41 / 82 41 /59

  42. Slide 42: We contribute to the security of the energy system

    Investor presentation / Strategic Plan 2026–2029 We contribute to the security of the energy system Business model: Downside protection through regulation, with additional optionality to earn premium in the market Reserve Capacities Portfolio 1.1 GW 2026–2029 2024 2025 Elektrėnai Complex In 2026–202

  43. Slide 43: Customers & Solutions

    Customers & Solutions Strategic priorities: 1. Value-driven portfolio growth 2. Building a leading EV charging platform in the Baltics 3. Delivering outstanding customer experience through reliable smart energy solutions 43 / 82 43 /59 /64

  44. Slide 44: Value-driven growth through outstanding customer experience

    Investor presentation / Strategic Plan 2026–2029 Value-driven growth through outstanding 1.4 million Customers: B2B & B2C in 2025 The largest customer base in the Baltics customer experience Delivering an outstanding Value-driven Building a leading EV charging customer experience through portfolio g

  45. Slide 45: 3. Data Centres

    Investor presentation / Strategic Plan 2026–2029 3. Data Centres Utilising new market opportunities 45 / 82

  46. Slide 46: Data centres in the EU

    Investor presentation / Strategic Plan 2026–2029 Data centres in the EU Congestion in the main EU markets opens opportunities DC capacity in the EU is expected to triple by 2035... …and intensifying pressure on already-constrained transmission networks… DC capacity, GW 1 Avg. DC grid connection time

  47. Slide 47: Data centres: a new growth opportunity for Ignitis Group

    Investor presentation / Strategic Plan 2026–2029 Data centres: a new growth opportunity for Ignitis Group How it may look We plan to: Role Ignitis Group Partner – Utilise our: Land plot – existing strategic asset locations: land and grid, Grid connection – development capabilities, and Power supply

  48. Slide 48: 4. Financials

    Strategic Investor presentation Plan 2026–2029 / Strategic / Plan 2026–2029 4. Financials Investments, target returns, operational efficiency, leverage and dividends 48 / 82

  49. Slide 49: Investments over 2026–2029

    Investor presentation / Strategic Plan 2026–2029 Investments over 2026–2029 Gross 2.5–3.0 EURbn Installed Green Capacities, Regulated Asset Base, GW EURbn ~1.4x ~40% 2.5–3.0 ~55% Growth by 1.0–1.2 1.4–1.6 ~33% EURbn EURbn EURbn ~2.4 2.8–3.2 1.8 2.1 ~6%1 2025 2029 Green Capacities Networks Other 2025

  50. Slide 50: Target returns

    Investor presentation / Strategic Plan 2026–2029 Target returns Target returns to lead to 6.5–7.5% Adjusted ROCE Targeted returns Adjusted ROCE, % ≥ 100 bps 7.5% 6.5–7.5% above WACC in commercial/ non-regulated activities ≥ WACC in regulated activities 2025 2026–2029 average 50 / 82

  51. Slide 51: Operational efficiency: sustainable 10% cost reduction

    Investor presentation / Strategic Plan 2026–2029 Operational efficiency: sustainable 10% cost reduction Reduction of the addressable cost base, protecting growth investments and excluding efficiencies already embedded in regulation Addressable cost, EURm Included in addressable cost: − OPEX -10% − C

  52. Slide 52: Bottom line growth driven by focused expansion and operational efficiency

    Investor presentation / Strategic Plan 2026–2029 Bottom line growth driven by focused expansion and operational efficiency Adjusted EBITDA , EURm Adjusted Net Profit, EURm up to 6.4% CAGR up to ~6.5% CAGR 640–700 546.1 37.7 250–290 263.4 225.7 Green Customers & Reserve 291.5 Networks Capacities Solu

  53. Slide 53: Committed to a solid investment-grade credit rating

    Investor presentation / Strategic Plan 2026–2029 Committed to a solid investment-grade credit rating Net Debt/Adjusted EBITDA FFO/Net Debt We expect to maintain Targeted level BBB or above Targeted level 3–4x ≥23% credit rating over the 3.5x 21.0% 2026–2029 period 2025 2026 2027 2028 2029 2025 2026

  54. Slide 54: Sustainable and predictable dividend growth

    Investor presentation / Strategic Plan 2026–2029 Sustainable and predictable dividend growth 3.5–4.0 Adjusted EPS, 3.1 EUR DPS floor reconfirmed for the 2026–2029 strategic period We are committed to increase DPS floor, EUR ≥1.41 ≥1.45 ≥1.49 ≥1.54 dividends by ≥3% annually. 1.37 (for the financial y

  55. Slide 55: 5. People & Innovation

    Strategic Investor presentation Plan 2026–2029 / Strategic / Plan 2026–2029 5. People & Innovation We are purpose-driven people. We innovate to create the future energy sector 55 / 82

  56. Slide 56: People strategy

    Investor presentation / Strategic Plan 2026–2029 People strategy ~4,800 Employees in 2025 at Ignitis Group We are purpose-driven people who contribute to our strategic priorities 2026–2029 strategic period Purpose-driven culture – we are redesigning our people practices and leadership model to ≥80%

  57. Slide 57: Open innovation activities

    Investor presentation / Strategic Plan 2026–2029 Pursuing innovation across our strategic pillars to unlock further value We innovate to create the future energy sector and bring new opportunities for our customers …to adopt innovation in core We gather ideas and knowledge …in key focus areas of… op

  58. Slide 58: 6. Sustainability

    Strategic Investor presentation Plan 2026–2029 / Strategic / Plan 2026–2029 6. Sustainability Strategic priorities: decarbonisation, safety, employee experience, diversity, customer experience and sustainable value creation 58 / 82

  59. Slide 59: Sustainability priorities and targets for 2029

    Investor presentation / Strategic Plan 2026–2029 Sustainability priorities and targets for 2029 Priority Decarbonisation Safety Employee Diversity Customer Sustainable experience experience value creation Reducing the carbon intensity Zero fatal The rate of total recordable Employee Gender diversity

  60. Slide 60: Decarbonisation that drives business value and ensures energy security

    Investor presentation / Strategic Plan 2026–2029 Decarbonisation that drives business value and ensures energy security Reducing carbon intensity under 2026–2029 targets while safeguarding reliable operation of the power system and balancing needs 2025 Our priorities over 2026–2029 GHG emissions, Ca

  61. Slide 61: Highlights

    Investor presentation / Strategic Plan 2026–2029 Highlights 640–700 EURm Value creation through growth +17–28% 1 Adjusted EBITDA and operational efficiencies 2029 vs. 2025 2.5–3.0 EURbn -21% 2 Growth is selective: value over volume Investments vs. 2025–2028 2026–2029 3–4x vs. <5.0x 3 Capital discipl

  62. Slide 62: Q&A

    Investor presentation / Q&A Q&A 62 / 82

  63. Slide 63: Supplementary information

    Investor presentation / Supplementary information Supplementary information 63 / 82

  64. Slide 64: Statement of profit or loss

    Investor presentation / Supplementary information Statement of profit or loss EURm 3M 2026 3M 2025 Δ% Revenue from contracts with customers 934.0 768.0 21.6% Other income 5.0 4.8 4.2% Total revenue 939.0 772.8 21.5% Electricity, gas and other services (663.5) (529.0) 25.4% Salaries and related expen

  65. Slide 65: Statement of financial position

    Investor presentation / Supplementary information Statement of financial position EURm 31 Mar 2026 31 Dec 2025 Δ% EURm 31 Mar 2026 31 Dec 2025 Δ% Assets Equity and liabilities Intangible assets 289.7 293.2 (1.2%) Share capital 1,616.4 1,616.4 0.0% Property, plant and equipment 4,782.9 4,699.2 1.8% R

  66. Slide 66: Statement of cash flows

    Investor presentation / Supplementary information Statement of cash flows EURm 3M 2026 3M 2025 Δ% EURm 3M 2026 3M 2025 Δ% Cash flows from operating activities Cash flows from financing activities Net profit for the period 72.8 83.9 (13.2%) Loans received 534.5 - n/a Adjustments for non-cash items 87

  67. Slide 67: EBITDA and Net Profit adjustments

    Investor presentation / Supplementary information EBITDA and Net Profit adjustments EBITDA adjustments Net Profit adjustments EURm EURm 3M 2026 3M 2025 Δ Δ% 3M 2026 3M 2025 Δ Δ% EBITDA APM 175.4 160.1 15.3 9.6% Net profit 72.8 83.9 (11.1) (13.2%) Adjustments Adjustments Temporary regulatory differen

  68. Slide 68: Net Working Capital

    Investor presentation / Supplementary information Net Working Capital Increase driven by higher accrued revenue from electricity supply and lower prepayments received in Customers & Solutions segment Net Working Capital APM Key drivers (3M 2026 vs 3M 2025): EURm +323.6% Higher accrued revenue from e

  69. Slide 69: Financing

    Investor presentation / Supplementary information Financing Repayment schedule1,2 Liquidity reserve EURm EURm 903.9 602.4 300.0 605.1 300.0 329.3 300.0 304.6 195.9 273.1 298.8 120.5 128.6 153.8 63.7 91.6 92.4 100.6 73.7 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035+ 31 Dec 2025 31 Mar 2026 Loans

  70. Slide 70: Installed Capacity and generation mix overview

    Investor presentation / Supplementary information Installed Capacity and generation mix overview Electricity generated1 vs supplied by Ignitis Group in 2025 TWh 7.4 Gap enough to cover ~2.0 GW2 of new Green Capacities 1.9 Externally–secured 0.4 Generated1 Electricity supply portfolio 1. Excluding op

  71. Slide 71: Hedging levels

    Investor presentation / Supplementary information Hedging levels Generation portfolio hedging levels1 200 116 84 84 83 82 100% Hedge price2, 150 EUR/MWh 100 80% 50 0 60% -50 -100 75% 40% 63% 62% 61% -150 Volumes 50% hedged3,4, -200 20% % -250 0% -300 2025 2026 2027 2028 2029 1. Hedging levels are pr

  72. Slide 72: Industry overview

    Investor presentation / Supplementary information Industry overview Nord Pool system 90.1 EUR/MWh (+97.9%) TTF Electricity 31.4 EUR/MWh (-33.2%) Consumption, TWh Generation, TWh TWh 3M 2026 3M 2025 Δ, % TWh 3M 2026 3M 2025 Δ, % Finland 92.7 EUR/MWh (+88.1%) Lithuania 3.7 3.2 15.3% Lithuania 2.6 2.4

  73. Slide 73: Our equity story

    Investor presentation / Supplementary information Our equity story An attractive blend of yield and growth driven by an integrated business model and financial discipline Adjusted EBITDA Highly predictable, fast-growing Networks under a EURm supportive regulatory regime +122% +17–28% • >50% of the G

  74. Slide 74: Green Capacities and Reserved Capacities

    Investor presentation / Supplementary information Green Capacities and Reserved Capacities 2.7 GW of Green Capacities (2.1 GW Installed, 0.6 GW Under Construction) 1.1 GW of Installed Reserve Capacities Country Name Capacity COD Ownership Current Status Country Name Capacity COD Ownership Current St

  75. Slide 75: Strategic partnerships

    Investor presentation / Supplementary information Strategic partnerships We partner to adopt new technologies, enter new markets, and execute asset rotation Partnership with Partnership with Partnership with Partnership with Copenhagen Fortum Quaero Capital Ocean Winds Infrastructure Partners Ration

  76. Slide 76: Networks regulated WACC

    Investor presentation / Supplementary information Networks regulated WACC Electricity Natural gas Parameter Methodology 2025 2026 ∆ 2025 2026 ∆ 1. Set annually. (1) Risk-free rate 3.78% 3.55% (0.24 pp) 3.78% 3.55% (0.24 pp) 2. Calculation: the average Lithuanian government bond yield at issue of the

  77. Slide 77: Other Networks regulatory principles

    Investor presentation / Supplementary information Other Networks regulatory principles Additional Tariff Component methodology OPEX efficiency targets and saving sharing – The regulatory framework defines a sustainable leverage – Regulatory framework allows OPEX to grow by the rate of inflation, thr

  78. Slide 78: LTI Performance Objectives 2026–2029

    Investor presentation / Supplementary information LTI Performance Objectives 2026–2029 Based on the strategic plan of AB “Ignitis grupė” group of companies for 2026–2029 Access threshold Target and maximum Performance criteria Performance objective Weight (70%) (100%) TSR, % Shareholder value 40% 70

  79. Slide 79: Disclosure summary

    Investor presentation / Supplementary information Disclosure summary Strategic financial guidance Our strategic performance KPIs Installed Green Capacities: Total Investments, 2026–2029 2.5–3.0 EURbn − Target for 2029 2.8–3.2 GW − Strategic goal 4.0–5.0 GW Addressable cost reduction in real terms: f

  80. Slide 80: Glossary

    Investor presentation / Supplementary information Glossary Commercial Operation Date (COD) Green Capacities projects that have achieved Installed Capacity Final Investment Decision (FID) A decision of a relevant governance body on making significant financial commitments related to the project Insta

  81. Slide 81: Abbreviations

    Investor presentation / Supplementary information Abbreviations % Percent EC European Commission MWe Megawatt electric °C Degree Celsius eNPS Employee Net Promoter Score MWth Megawatt thermal API Application Programming Interface ESG Environmental, social and corporate governance n/a Not applicable

  82. Slide 82: More about Ignitis Group Contacts

    More about Contacts Ignitis Group Reports, presentations & fact IR@ignitis.lt sheets Sustainability Strategy 82 / 82

Ignitis Grupė — Q1 2026 Earnings Presentation on 6ix