PannErgy : Other Information – Even greener future for Audi Hungaria’s heat

Budapest, 7 February 2017

PannErgy Plc hereby advises the actors of the capital market that today AUDI HUNGARIA Ltd has published the attached information in relation to the volume of geothermal heat sold by PannErgy Plc's subsidiary, DD Energy Ltd to AUDI HUNGARIA Ltd.

PannErgy Plc

This announcement is published in Hungarian and English languages. In case of any contradiction between these two versions, the Hungarian version shall prevail.

H-1117 Budapest, Budafoki út 56. A lh. IV. em.

Hungary

South Buda Business Park

Cégjegyzékszám / Registered number: 01-10-041618 Telephone: +36 1 323 2383; Fax: +36 1 323 2373

Adószám / VAT reg. number: 10558377-2-43

EU adóigazgatási szám / EU VAT reg. number: HU10558377

MKB BANK SWIFT: MKKBHUHB HUF IBAN: HU87 1030 0002 1000 8978 4902 0013

EUR IBAN: HU16 1030 0002 1000 8978 4882 0016

Lőre Péter

Telefon: +36 96 661265

E-Mail: peter.lore@audi.hu www.audi.hu

E-Mail: monika.czechmeister@audi.hu www.audi.hu

Győr, 7 February 2017 - Audi Hungaria is the largest industrial geothermal energy user in Hungary: since its conversion to green energy, the volume of the company's geothermal energy consumption has grown to 100 GWh, which so far has reduced carbon dioxide emission by 20,170 tons.

"Sustainability and efficiency is a dominant element of Audi Hungaria's efficiency, and therefore we put great emphasis on their encouragement in day-to-day operations, as well as manufacturing processes"

• said Axel Schifferer, Audi Hungaria's Managing Director for Finance. "Its reliance on geothermal energy ensures the company's environmentally sparing operations in the long term, because this way we can cover nearly 70% of our heat energy demand in a carbon-neutral manner."

  Two years ago, the company placed its energy supply on brand new foundations, and since November 2015 renewable geothermal energy has been supplied by the Heating Center of Bőny. Within the framework of the Geothermal Project of Győr, Audi Hungaria has entered into a long-term heat energy supply agreement for the provision of geothermal energy to the company's Győr site with PannErgy Plc's subsidiary, DD Energy Ltd. This cooperation has been forged for 17 years, and can be optionally extended for an additional period of 15 years.

• End -

The Győr-based AUDI HUNGARIA Ltd is an entity of the AUDI Group, the key engine supplier of the Audi and Volkswagen Group. The Győr site manufactures the Audi A3 Limousine, A3 Cabriolet, as well as Audi TT Coupé and Audi TT Roadster models. Since 2006, Audi Hungaria has been delivering a number of aluminum car body elements for various brands belonging to the Volkswagen Group. For years, Audi Hungaria has been Hungary's top-ranking company in terms of sales revenues, and is one of the country's largest exporters. Audi Hungaria employs approximately 11,500 people in Győr.

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