Engie S.a.EURONEXT: ENGI

Pre-release (ENGIE Q12026 Preview)

· MarketScreener

April 21, 2026

ENGIE Q1 2026 Pre-release of Selected Operational and Financial Data

ENGIE will report Q1 2026 results before the opening of the Euronext market on 7 May 2026. This pre-release includes selected operational and financial data, published in advance, to assist the analysis of this financial information upon release.

Q1 2026 Effect of Temperature - A warmer quarter with negative impact on volumes Q1 2026 was warmer than Q1 2025, and warmer than average. Compared to Q1 2025, it resulted in lower volumes for French gas distribution activities (GRDF in the reporting segment Infrastructure) and for French supply activities (B2C and B2B reported in Supply & Energy Management). Actual figures (positive effect figures indicate colder than average or vs. prior year period; negative figures indicate warmer than average or vs. prior year period):

Volume effect

Q1 2025

Volume effect

Q1 2026

Volume effect

variance

Infrastructures

+0.6 TWh

-7.1 TWh

-7.7 TWh

B2C

+0.3 TWh

-1.7 TWh

-2.1 TWh

B2B

+0.0 TWh

-0.8 TWh

-0.8 TWh

Normative sensitivity at EBITDA / EBIT level:
  • B2C / B2B: ~EUR ±10 M/TWh

  • Networks (distribution): ~EUR ±8 M/TWh

    Lower outright European power generation Nuclear (France):

    Q1 2025

    Q1 2026

    Variance

    Power production

    (drawing rights in France)

    1.9 TWh

    2.0 TWh

    +0.1 TWh

    Hydro (France):

    Q1 2025

    Q1 2026

    Variance

    Power production

    (CNR + SHEM, @100%)

    4.5 TWh

    4.5 TWh

    0.0 TWh

    Medium-term outright power production hedges in Europe (nuclear and hydro)

    Hedged positions and captured prices

    (% and €/MWh)



    As of 31 March 2026 Belgium and France

    Captured prices are shown
  • before specific Belgian nuclear and French CNR hydro tax contributions
  • excluding the mark-to-market impact of the proxy hedging used for part of Belgian nuclear volumes over 2025, which is volatile and historically unwinds to close to zero at delivery

Starting in 2026, nuclear volumes hedged are limited to French production, as Belgian nuclear production is not merchant, following the 10-year extension agreement with the Belgian government for Tihange 3 and Doel 4 nuclear reactors.

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Important notice

The figures presented here are those customarily used and communicated to the markets by ENGIE. This message includes forward-looking information and statements. Such statements include financial projections and estimates, the assumptions on which they are based, as well as statements about projects, objectives and expectations regarding future operations, profits, or services, or future performance. Although ENGIE management believes that these forward-looking statements are reasonable, investors and ENGIE shareholders should be aware that such forward-looking information and statements are subject to many risks and uncertainties that are generally difficult to predict and beyond the control of ENGIE, and may cause results and developments to differ significantly from those expressed, implied, or predicted in the forward-looking statements or information. Such risks include those explained or identified in the public documents filed by ENGIE with the French Financial Markets Authority (AMF), including those listed in the "Risk Factors" section of the ENGIE (ex GDF SUEZ) Universal Registration Document filed with the AMF on March 12, 2026. Investors and ENGIE shareholders should note that if some or all of these risks are realized they may have a significant unfavorable impact on ENGIE.

About ENGIE

ENGIE is a major player in the energy transition, whose purpose is to accelerate the transition towards a carbon-neutral economy. With 91,000 employees in 30 countries, the Group covers the entire energy value chain, from production to infrastructures and sales. ENGIE combines complementary activities: renewable electricity and green gas production, flexibility assets (notably batteries), gas and electricity transmission and distribution networks, local energy infrastructures (heating and cooling networks) and the supply of energy to individuals, local authorities and businesses. Every year, ENGIE invests more than €10 billion to drive forward the energy transition and achieve its net-zero carbon goal by 2045.

Revenue in 2025: 71.9 billion Euros. The Group is listed on the Paris and Brussels stock exchanges (ENGI) and is represented in the main financial indices (CAC 40, Euronext 100, FTSE Euro 100, MSCI Europe) and non-financial indices (DJSI World, Euronext Vigeo Eiris - Europe 120/ France 20, MSCI EMU ESG screened, MSCI EUROPE ESG Universal Select, Stoxx Europe 600 ESG-X).

Press contact:

Tel.: +33 (0)1 44 22 24 35

Email: engiepress@engie.com



ENGIE group

Investor Relations contact:

Tel.: +33 (0)1 44 22 66 29

Email: ir@engie.com