EP Infrastructure announces CEO transition

23. 3. 2026

EP Infrastructure, a.s. (“EPIF” and together with its subsidiaries, the “Group”) today announced a leadership transition following the completion of the FY2025 results process. Gary Mazzotti has decided to step down from his role as Chief Executive Officer (“CEO”) and will be leaving EPIF as well as the wider EP Group.

During his tenure, Gary played a key role in guiding EPIF through a period of significant transformation, including the strengthening of the Group’s infrastructure‑focused portfolio, the enhancement of its financial and credit profile, and the continued development of EPIF as a leading Central European energy infrastructure platform. Under his leadership, EPIF further reinforced its strategic focus on regulated and contracted assets, operational resilience, and disciplined financial policy.

The Board of Directors of EPIF would like to express its sincere thanks to Gary for his commitment, professionalism and the way he approached his role over the years. The Board of Directors thanks him for his dedication and wishes him every success in his future professional endeavours.

The Majority shareholder in cooperation with the Board of Directors have initiated a process to identify a successor CEO. The appointment of the new Chief Executive Officer will be announced in due course, once the process has been completed. In the meantime, the Board remains fully engaged in ensuring continuity of leadership, governance and strategic execution. Daniel Křetínský will continue to serve as Chairman of the Board of Directors of EPIF.

Daniel Křetínský, Chairman of the Board of Directors of EPIF, commented: “On behalf of the Board of Directors, I would like to sincerely thank Gary for his leadership and for the way he worked with us over the years. He brought experience, perspective and a strong sense of responsibility to EPIF, and he earned the respect of colleagues across the Group. EPH and the Board of Directors are fully focused on ensuring a smooth transition and on appointing a new CEO who will continue to build on the Group’s strong foundations.”

Gary Mazzotti commented:
“After nearly 9 years as Vice Chairman and CEO of EP Infrastructure I have decided to step down from my position. This period brought many challenges, but also significant progress and resilience across the company. I leave knowing the business is in a strong position and well prepared for the future. My thanks go to my shareholders, the management team at EP Infrastructure, but especially the management and staff of all our operating companies who made this all possible.”

The Board of Directors is confident that EPIF is well positioned for its next phase of development, supported by a strong management team and a resilient, infrastructure‑focused business model.

 

EP Infrastructure, a.s. is an issuer of the following notes:

€600,000,000 1.698% Senior Notes due 2026, ISIN: XS2034622048
€500,000,000 2.045% Senior Notes due 2028, ISIN: XS2062490649
€500,000,000 1.816% Senior Notes due 2031, ISIN: XS2304675791
€600,000,000 4.125% Senior Notes due 2033, ISIN: XS3239976163
€500,000,000 4.375% Senior Notes due 2034, ISIN: XS3281145691

 

For further inquiries, please contact:

Václav Paleček
Investor Relations
EP Infrastructure, a.s.
Pařížská 130/26, 110 00 Praha 1
T: +420 232 005 324
F: +420 777 952 789
palecek@epinfrastructure.cz

 

About EP Infrastructure, a.s.
EPIF is a leading Central European energy infrastructure group, operating assets across natural gas distribution, transmission and storage, electricity distribution, and district heating. The Group’s strategy is focused on regulated and long‑term contracted infrastructure assets delivering stable cash flows and supporting the energy transition.
Disclaimer
This communication contains inside information as defined in article 7(1) of Regulation (EU) 596/2014 of 16 April 2014, as amended (the Market Abuse Regulation).