3.Scope of consolidation

Energy Segment

Energie AG Oberösterreich Businesskunden GmbH (share 100%) was formed on 26 February 2020 and is fully consolidated in the Consolidated Financial Statements. The key account sales of ENAMO GmbH will be transferred to this company in the second half of the fiscal year. ENAMO GmbH will then be liquidated.

Additionally, the operational unit “Stromdiskont” of ENAMO Ökostrom GmbH will be spun off to Energie AG Oberösterreich Vertrieb GmbH.

Czech Republic Segment

In the Czech Republic Segment, Městské tepelné hospodářství Kolín, spol. s r.o was merged with VODOS s.r.o. and changed the company name to Energie AG Kolin a.s. VODOSPOL s.r.o was further merged with CEVAK a.s.

Holding & Services Segment

As of 30 November 2019, Wertstatt 8 GmbH (formerly: baulounge GmbH) is fully consolidated in the Consolidated Financial Statements.

The implications of the adjustment of the consolidation scope for the Consolidated Financial Statements are insignificant.