Today, December 19, the Extraordinary Meeting of Shareholders of the unified gas transmission and storage system operator JSC "Conexus Baltic Grid" (Conexus), has taken a decision on use of Conexus' profit for 2024, in addition to the dividends, paid in June 2025 (EUR 0.39 per share), providing to pay EUR 0.10 per share.

About Conexus:

Conexus manages one of the most modern natural gas storage facilities in Europe - Inčukalns Underground Gas Storage, which is an important strategic object in the whole Baltic Sea region. It provides the energy security and independence of the whole region. The modern natural gas transmission system, which is 1190 km long and directly connects the Latvian natural gas market with Lithuania and Estonia. To ensure efficient supply and delivery of natural gas to traders, Conexus carries out maintenance and improvement of the transmission system and storage infrastructure, implements the necessary investments in infrastructure development, monitors and controls the transmission network and storage stability, as well as prevents damage. At the same time, Conexus is responsible for the reservation and sale of the system and storage capacities, as well as the application of uniform tariffs for the use of the Latvian gas transmission system and storage. The largest shareholder in Conexus is the state-owned Augstsprieguma tīkls (68.46%), while 29.06% is held by MM Capital Infrastructure Fund, a fund managed by the Japanese company Marubeni, and 2.48% by other shareholders

Dace Baltābola

AS „Conexus Baltic Grid”

Head of Communications Division

T. 29143431

dace.baltabola@conexus.lv