COMMUNICATION

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

In 2019-2020, the Company participated in MNB Bond Funding for Growth Scheme (hereinafter: "Programme") announced by Magyar Nemzeti Bank (hereinafter: "MNB"). The precondition of the participation in the Programme was that the bonds to be issued get at least a B+ rating by a credit rating agency accepted by European Securities and Markets Authority (ESMA).

The Company informed its investors that it intended to launch a bond scheme starting from fall 2022. The Scope Ratings GmbH has reviewed and confirmed the BB+/Stable issuer credit rating on the Company along with its BBB- long-term senior unsecured debt rating (which applies to both existing and newly planned bonds) and S-3short-term debt rating which is four grade higher than the minimum level expected by the MNB.

Click on the link below to read the report of the credit rating agency:

https://scoperatings.com/ratings-and-research/rating/EN/171589

Budapest, October 4, 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. ⎢ 1131 Budapest, Babér u. 1-5.

Telephone: +36 1 236 8050 ⎢ Fax: +36 1 236 8051 ⎢ Email: info@alteo.hu

www.alteo.hu

Registered at: Budapest-Capital Regional Court as court of registration ⎢ Cg. 01-10-045985

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ALTEO Energiaszolgáltató Nyrt. published this content on 04 October 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 04 October 2022 16:21:14 UTC.