Doosan Skoda Power, First Power Generation Equipment Company Listed on the Czech Stock Exchange

Public Offering Amounts to 151.6 Billion KRW
Funds to Be Used for Securing Growth Engines

Doosan Enerbility's Czech subsidiary, Doosan ?koda Power, became the first power generation equipment company to be listed on the Prague Stock Exchange in the Czech Republic.

On the 6th (local time), at the listing ceremony of Doosan Skoda Power held at the Prague Stock Exchange in the Czech Republic, Park Sang-hyun, President of Doosan Enerbility (right), and Petr Koblic, CEO of the Prague Stock Exchange, are ringing the bell to announce the stock market listing. Photo by Doosan Enerbility

On the 6th, Doosan Enerbility announced that Doosan ?koda Power was listed on the Prague Stock Exchange (PSE) in the Czech Republic and held a commemorative ceremony. The public offering price of Doosan ?koda Power was 14,400 KRW per share, with a total public offering amount of 151.6 billion KRW. Doosan ?koda Power is a company that has supplied more than 540 steam turbines in the Czech Republic and Europe, and is regarded as a forward base for Team Korea's entry into the European nuclear power market.

Park Sang-hyun, President of Doosan Enerbility, said in a congratulatory speech, "Last year, Doosan ?koda Power played a significant role in Team Korea being selected as the preferred negotiator for the new Dukovany nuclear power plant in the Czech Republic, achieving meaningful results." He added, "Doosan ?koda Power will pioneer a new world in the power generation market. To this end, Doosan Enerbility will spare no support and effort to ensure that Doosan ?koda Power becomes a leader not only in the Czech Republic but also in the European power generation industry."

The funds raised through this listing will be used to secure growth engines for both Doosan ?koda Power and its parent company, Doosan Enerbility. Doosan ?koda Power will raise 41.8 billion KRW through the issuance of 2.9 million new shares to invest in production facility improvements and R&D. Doosan Enerbility is expected to secure 109.8 billion KRW through the sale of approximately 7.63 million existing shares of Doosan ?koda Power. Doosan Enerbility plans to use these funds to secure growth engines by developing nuclear and SMR (Small Modular Reactor) technologies and expanding gas turbine facilities.