1. Overview

Sustainable Energy Supply Nord SRL is an established natural gas and electricity trader, licensed by the Romanian Energy Regulatory Authority (ANRE) and the Bulgarian Energy and Water Regulatory Commission (EWRC), with active positioning across international energy markets.

The Company operates through a combination of short-term exchange trading and long-term contractual arrangements, ensuring an optimal balance between flexibility and predictability. This hybrid approach enables effective price risk management and adaptation to evolving market conditions.

Sustainable Energy Supply Nord SRL is committed to delivering reliable and competitive energy solutions while building sustainable partnerships with suppliers, infrastructure operators, and end customers. The Company applies modern trading practices and financial instruments to optimize its portfolio and enhance operational efficiency.

As part of its growth strategy, the Company continues to expand its geographic footprint and diversify supply sources, contributing to greater energy security and reinforcing its competitiveness in both the regional and broader European markets.

Sustainable Energy Supply Nord SRL is focused on long-term sustainable growth, driven by market expertise, innovation, and disciplined risk management, positioning the Company as a trusted partner in the energy sector.

2. Market Presence

Sustainable Energy Supply Nord SRL maintains active trading operations across multiple European energy markets and is currently active in two natural gas markets. The Company has strategic presence in Bulgaria and Romania, enabling participation in key regional energy flows.

Across these markets, the Company applies a diversified commercial approach that includes participation in organized energy exchanges, development of tailored product offerings, and long-term partnerships with both local and international counterparties. This provides access to liquid markets, enhances pricing efficiency, and creates opportunities for regional arbitrage.

3. Operating Model

The operating model of Sustainable Energy Supply Nord SRL is structured around an integrated value chain covering all critical stages of energy trading — from sourcing to final delivery.

The Company implements active nomination and balancing strategies designed to optimize capacity utilization and minimize costs. The final stage includes supply delivery to end customers under agreed contractual terms tailored to their specific requirements.

This integrated approach enables a high degree of operational efficiency, flexibility, and control throughout the supply chain.

The Romanian market offers significant opportunities, supported by domestic production and a well-developed exchange infrastructure.

The Company participates on platforms including:

• BRM (Bursa Română de Mărfuri)

Key counterparties include:

• Local producers
• Energy traders
• Industrial customers

Romania represents a strategic market for supply diversification and regional portfolio optimization.