AB KN Energies concluded an agreement regarding capacity of Klaipeda LNG reloading station

AB KN Energies (KN or the Company) informs regarding new long-term contract for Klaipeda LNG reloading station capacity booking.

On 4^th September 2024 the Company entered the contract for five years period with current Klaipeda LNG reloading station capacity holder Orlen S. A. (until merger former Polskie Górnictwo Naftowe i Gazownictwo S.A.). The duration of the agreement is from 1^st April 2025 to 31^st March 2030.

The projected turnover of the new agreement may account for up to 5 % of KN annual revenue.

Tomas Tumenas, Chief Financial Officer, +370 46 391772