BKW : places a new committed revolving credit facility of CHF 1.5 billion*

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*Ad hoc announcement pursuant to Art. 53 LR

Thanks to its risk framework and strong financial position, BKW has so far been able to cope well with the turmoil of the energy markets. Volatility in the markets and the associated demand for liquidity remain high. With a new credit line of CHF 1.5 billion, BKW optimizes the existing debt portfolio and is now taking precautions against further extreme events over the next two winters, a move that demonstrates BKW's prudent risk policy. This credit line was established with around 20 domestic and foreign banks under the leadership of UBS Switzerland AG. The loan facility has a term of 12 months, with two options at the discretion of BKW to extend it by a further six months each. The maximum term is thus 24 months.