Amber Grid AbOMXVSE: AMG1L

2025 Results Overview

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‌2025 Results Overview‌

Prepared based on the 2025 Integrated Management Report



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  1. Who we are?





    ‌3 We are part of the EPSO-G group of companies

    We

    are

    OUR PURPOSE

    To power a confident and green future in an ever-changing world

    We pursue

    OUR VISION

    To enable the transformation of the energy industry while simultaneously safeguarding national security interests

    Our actions

    OUR MISSION

    To accelerate energy independence and enhance system security



    Our core business

    is essential for the energy transition and security of supply

    Our people

    Transmission infrastructure

    By developing and implementing critical infrastructure, we ensure the security and sustainability of

    the energy system.

    Systems Management

    We ensure the safe and reliable operation of integrated systems.

    Market Development

    Are strategically-important for the energy security of Lithuania

    Ensure governance

    of our group activities to bring integrated and efficient

    organisational approach

    We contribute to market conditions by creating infrastructure connections and transparent market rules.

    Enable sustainable energy strategies implementation

    of Lithuania and European Union





    Guarantees of Origin System

    We are creating favorable conditions for the development of gas produced from RES.



    Amber Grid belongs to the state-owned EPSO-G group of companies, whose shareholder rights and obligations are implemented by the Ministry of Energy. Amber Grid is a listed company, and its shares are included in the Baltic Secondary List of the NASDAQ Vilnius Stock Exchange

    More about us



    ‌4 Gas transmission system



    Transmission system

    The natural gas transmission system consists of main gas pipelines, gas compressor stations, gas distribution stations, gas metering stations, gas pipeline corrosion protection equipment, data transmission and communication systems and other assets assigned to the transmission system. The Lithuanian gas transmission system is connected to the gas transmission systems of the Republic of Poland, the Republic of Latvia, the Republic of Belarus, the Kaliningrad region of the Russian Federation, and the Klaipėda liquefied natural gas (LNG) terminal.

    The company operates 64 gas distribution stations, 4 gas metering stations and 2 gas compressor stations, 5 connections with customers' biogas metering stations. The length of the pipelines in operation is 2288 km, the diameter is from 100 to 1220 mm. The design pressure of the majority of the transmission system is 54 bar.

    Lithuanian gas transmission system

    1. Year Development Plan

      The 2026 updated Amber Grid strategy includes significant investments in the modernization of the existing gas infrastructure and the development of new networks. For the first time, a public consultation was held together with Litgrid on a common scenario for the development of electricity, gas and hydrogen networks. The planned projects and preliminary investments were presented, and the comments of market participants are currently being analyzed. The updated network development plans will be published at the beginning of the second half of 2026.

      The 10-year (2024-2033) network development plan of Amber Grid, prepared in 2024, is currently in force, which was approved by the NERC in October 2024. The plan focuses mainly on:

      • modernization of gas infrastructure and system security,

      • integration of renewable energy sources,

      • development of a hydrogen transportation network and synergy with the electricity sector,

      • reduction of GHG emissions.

        One of the main commitments is to modernize the national gas transmission system, taking into account the goals of energy independence and decarbonization and the needs of RES project developers. When preparing the hydrogen network plan, solutions were coordinated with Litgrid and



        2288 km

        High-pressure pipelines

        68

        Gas distribution stations and gas metering stations

        potential customers.

        10-year gas transmission network development plan





        ‌5 Our commitments and directions of activity



        "We started 2026 with new records in natural gas consumption and transmission, also geopolitical tension. We will strengthen our focus on increasing the system's resilience and reliability, and on ensuring timely infrastructure modernization."

        Paulius Butkus



        Chairman of the Board of Amber Grid

        Our strategy

        Building the infrastructure of the future

        1

        We see the transformation of the energy sector as a fundamental change. Our goal is to create the infrastructure that will underpin a climate-neutral energy system.

        Ensure security and reliability

        2

        We aim to increase resilience and reliability in the energy sector and beyond, strengthening system flexibility and national security. Our activities are integral to ensuring a reliable future.

        To be reliable

        strategic partners

        3

        The energy transformation requires close cooperation between industry, investors and governments. Our goal is to be a trusted partner in developing environmentally friendly infrastructure and markets.





        ‌6

        Lithuania's energy future is driven by our people with unified values:

        Open



        Our people

        368

        Number of Amber Grid employees

        27%

        73%



        Our people are our greatest strength: their expertise, initiative and commitment to driving change contribute every day to the country's energy independence and the development of sustainable infrastructure.

        Amber Grid promotes and seeks to ensure equal opportunities and diversity within its workforce

        Responsible



        Reliable



        33%

        9%

        58%

        Employees under 30 years old

        Employees 30-50 years old



        Employees over 50 years old

        In 2025, we joined the Diversity Charter, committing to consistently strengthening the implementation of diversity, equity and inclusion principles within the organization.

        75% employee engagement rate in 2025



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  2. Key results of 2025





‌8 Our achievements and key projects in 2025



New Amber Grid System Control Center

On March 20, a new, state-of-the-art System Control Center (SCC) was opened. Approximately 1.6 million euros were invested in the project, which was implemented over a year and a half. This is an important strategic investment that strengthens the country's energy security, independence, gas transmission reliability and resilience to emergency situations. The new system control center has a modern SCADA system installed, allowing for remote monitoring and control of the entire Lithuanian gas transmission network.

First electric compressor at Jauniūnai

compressor station

On September 10, Amber Grid and MT Group signed a contract for the installation of the first electric compressor at Jauniūnai compressor station. The contract value is EUR 30.9 million (EUR 37.4 million including VAT), the works will last 42 months, which began in September 2025.

According to the contract, design and construction works will be carried out, an integrated electric compressor with a capacity of about 5 MW and related equipment will be installed. It is also planned to build a new power line from Širvintos to Jauniūnai gas compressor station, which will ensure the necessary electrical power.

NBHC project receives funding for feasibility study phase

July 1st. The Nordic-Baltic Hydrogen Corridor (NBHC) project developers -Finnish Gasgrid vetyverkot Oy, Estonian Elering, Latvian Conexus Baltic Grid, Lithuanian Amber Grid, Polish GAZ-SYSTEM, German ONTRAS Gastransport GmbH and the European Climate, Infrastructure and Environment Executive Agency (CINEA) signed an agreement on the European Union (EU) financial support for the Nordic-Baltic Hydrogen Corridor. A maximum amount of EUR 6.8 million will be allocated for the financing of the feasibility study phase of the Nordic-Baltic Hydrogen Corridor project.

Amber Grid and EEX have completed

88,5%

Percentage of Amber Grid annual targets for 2025 approved by the Management Board

Some of the goals remained unimplemented partly due to objective circumstances: partners' decisions to pause and review the progress of projects, changed circumstances in search of better solutions for already ongoing projects.

the transfer of GET Baltic's operations

13th October. The European Energy Exchange AG (EEX) and the Lithuanian gas transmission system operator Amber Grid completed the strategic process started back in 2023 - the transfer of shares of GET Baltic to the partner that won the international public tender. In the first phase, in 2023, after approval from Amber Grid's Board and General Meeting of Shareholders, and having evaluated GET Baltic's financial results, 66% of the shares were sold for EUR 6.5 million. The current transaction for the remaining 34% of shares has been valued at EUR 3.8 million.



‌9 Composition of the Board and the most important decisions

of the Board

01

The Board ensures oversight of the implementation of the strategy

2025

JANUARY

14th of January

Amber Grid's 2025-2035 strategy and 2025

budget have been approved.

24th of January

The Company's CEO's performance objectives for 2025 were approved, which are identical to the Company's CEO's objectives.

03

MARCH

12th of March

The percentage of achievement of the Company's goals, which are identical to the goals of the Company's CEO, has been established.

04

APRIL

7th of April

It was decided to convene the Company's Annual General Meeting of Shareholders on April 30, 2025.

05

MAY

23rd of May

The Company's gas transmission service prices for 2026 have been approved and submitted to the State Energy Regulatory Council for approval.

08

AUGUST

20th of August

It was decided, with the approval of the Company's general meeting of shareholders, to conclude a contract for the installation, reconstruction, design services and contracting works of an electric gas compressor at the Jauniūnai gas compressor station and to approve the essential terms of the contract.

10

OCTOBER

30th of October

The updated draft of the AB Amber Grid Strategy for 2035 and its submission to the Public Institution Management Coordination Centre for review were approved.

11

NOVEMBER

18th of November

The updated management structure of AB Amber Grid has been approved.

12

DECEMBER

5th of December

It has been decided to conclude a service agreement for the transmission of natural gas to the Kaliningrad region of the Russian Federation through the territory of the Republic of Lithuania and to approve the following essential terms of the agreement.



Paulius Butkus



Chairman of the board

Darius Kašauskas

Board member

Karolis Švaikauskas

Board member-civil servant

Peter Loof Helth

Independent Board member

Alexander Feindt

Independent Board member

Board

(5 members)

2 (40%)

Independent Board members

2 (40%)

Shareholder-nominated board members

1 (20%)

Board member-civil servant





Performance objectives



‌10 The Amber Grid main financial results

Key adjusted and unadjusted financial results of Amber Grid

26,5

EBITDA, M EUR

ROE (last 12 months), %

4,6

8,3

Net profit, M EUR

17,3

0,8

1,4



2024 2025

Adjusted EBITDA, M EUR

27,4 27,4

2024 2025

2024 2025

Adjusted ROE (last 12 months.), %

5,5 5,8

2024 2025

2024 2025

Investments in 2025 amounted to EUR 21.8 million and were 3.4 times higher than in 2024. The growth was driven by investments of EUR 12.5 million for a new electric compressor in Jauniūnai.

Adjusted net profit, M EUR

10,1 10,0

2024 2025

Net profit, EUR million

1,4

8,3

2024 2025

Adjusted net profit, EUR million

10,1 10,0

2024 2025

Investments, EUR million

9,3

12,5

New construction

Reconstruction and modernization





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‌Implementation of 2025 strategic indicators

Unplanned gas transmission interruptions due to the operator's responsibility, 2025

2024

0

0

Units

Target

value:

0

2023

0

In 2025, no unplanned interruptions in the gas transmission system attributable to the operator were recorded.

Duration of unplanned gas transmission interruptions due to the operator's responsibility,

2024

0

2025

0

Hours and

minutes

2023

Target 0

value:

0

In 2025, no unplanned interruptions in the gas transmission system attributable to the operator were recorded; therefore, no restoration time was measured.

0,28

RES gas entering the gas system

2025

2024

0,18

TWh

Target value:

0,50

2023

0,05

The renewable gas entering the gas transmission system currently consists of biomethane, which is imported from abroad and produced in Lithuania. At the end of 2025, there were five biomethane-producing companies operating in Lithuania. The actual volumes of biomethane supplied to the system by producers were lower than the quantities they had planned to deliver.



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Implementation of 2025 strategic indicators

Change in GHG emissions

2025

2024

-55%

-51

%

2023

-36%

A decrease in Scope 1 and Scope 2 GHG emissions has been recorded over the past three years, compared to the 2019 base year.

Employee Engagement

2025

75

2024

69%

%

2023

72%

Amber Grid conducts an annual Employee Engagement survey to assess the proportion of employees who are motivated at work. The Group aims to maintain an employee engagement level of at least 70%.

86

Customer satisfaction (GCSI)

2025

2024

90

Scores

Target value:

≥ 80

2023

83





Number of fatal and serious accidents involving the contractors', 2025

2024

0

0

Units

2023

Target

value: 0

0

There were no serious or fatal accidents involving contractors'

employees in 2025.

Number of fatal and serious accidents involving the

employees, 2025

0

Units

Target value:

0

No serious or fatal occupational accidents involving Group employees were recorded.

2023

0

2024

0

Integrated Annual

Detailed 2025 Report











































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