FINGRID GROUP’S HALF-YEAR REPORT 1.1.-30.6.2023

Stock Exchange Release 27 July 2023 at 12:15 EETThe grid’s loss power costs decreased to EUR 34.1 (39.7) million, as a result of the decrease in the price of electricity. At the end of June, approximately 94 (98) per cent of Fingrid’s projected loss power procurement for the remainder of 2023 was, in terms of system price, hedged at an average price of EUR 33.5 (33.1) per megawatt hour. In terms of the Finnish area price difference, 85 (82) per cent of loss power procurement was hedged at an average price of EUR 5.2 (6.7) per megawatt hour.Jukka Metsälä, CFO, Fingrid Oyj, tel. +358 40 563 3756
(GlobeNewsWire)