Market announcement

Eesti Energia AS

LEI code

5493005044RTLQ5RZU70

Size of the entity

Large group

Economic activities

Electricity, Gas, Steam and Air Conditioning Supply, Telecommunication, Computer Programming, Consulting, Computing Infrastructure, and other Information Service Activities, Real Estate Activities, Professional, Scientific and Technical Activities

Country of registered office

Estonia

General information

Categories

Other corporate action

Does the information contain personal data?

No

Is the data provided voluntary or not?

No

Original language of the information to be provided

Estonian

Is information covering a period?

No

The date to which the information relates

05.11.2026

Version

1

Unique data record identifier

19186

Submission date and time

05.11.2026 09:02:00

Content of announcement in Estonian

Title

Eesti Energia alustab kollektiivse koondamise eelkonsultatsioone

Message

5. novembril 2026 algavad Eesti Energia kontsernis kollektiivse koondamise eelkonsultatsioonid. Kokku vähendab kontsern 10% ametkohtadest, millest kollektiivse koondamisena 390 ametikohta Enefit Industrys, Enefit Poweris ja Eesti Energia AS-is. Lõplik ulatus selgub konsultatsioonide järel.

Ümberkorraldused on osa kontserni eesmärgist vähendada 2027. aastaks püsikulusid 10%, et viia kulud vastavusse kontserni teenimisvõimega. Muutlikes energiaturu tingimustes toetab püsikulude vähendamine kontserni konkurentsivõimet ja investeerimisjärgu krediidireitingu hoidmist.  Vähendatakse eelkõige tootmise tugivaldkonna mitte-kriitilisi ametikohti, samuti kontserni kesksete üksuste tugiteenuste ametikohti.

Eesti Energia hinnangul ei mõjuta kavandatavad ümberkorraldused teenuste kvaliteeti ega elektri varustuskindlust ega tootmist.

Lisainfo:
Danel Freiberg
Treasury ja finantsriskijuhtimise osakonna juht
Eesti Energia AS
Tel +372 5594 3838
E-post: [email protected]


Content of announcement in English

Title

Eesti Energia to begin preliminary consultations on collective redundancies

Message

On 5 November 2026, the Eesti Energia Group will begin preliminary consultations on collective redundancies. The Group plans to reduce the total number of positions by 10%. Of these, 390 positions across Enefit Industry, Enefit Power and Eesti Energia AS are included in the proposed collective redundancies. The final number of positions affected will be known once the consultations are complete.

The restructuring is part of the Group’s plan to reduce fixed costs by 10% by 2027 and bring costs into line with its earnings capacity. In a changing energy market, lower fixed costs will help the Group remain competitive and maintain its investment-grade credit rating. The proposed reductions primarily concern non-critical positions in production support and support roles in the Group’s central units.

Eesti Energia expects the planned restructuring to have no impact on service quality, security of electricity supply or electricity generation.

Further Information:
Danel Freiberg
Head of Treasury and Financial Risk Management
Eesti Energia AS
Tel: +372 5594 3838
Email: [email protected]