4. Basic Organizational Structure

From January 1, 2010 to March 31, 2010 the basic organizational structure of ZSE consisted
of the following divisions/organizational units:

• Internal Audit
• Central Affairs
• Services for Electric Power Distribution Division
• Customer Services
• Financial and Internal Services Division
• Strategy and Development
• CIO

From April 1, 2010 to December 31, 2010 the basic organizational structure of ZSE consisted of the following divisions/organizational units:

• Internal Audit
• Human Resources Departmenr
• Corporate Affairs Division
• Services for Electricity Distribution Division
• Customer Services
• Finance and Internal Services Division

All these divisions/organizational units are a part of Západoslovenská energetika, a.s. located on
Čulenova 6, 816 47 Bratislava.
The Company’s organizational structure consists of three levels of management – division/
organizational unit, department, and team.

As of December 31, 2010, ZSE had five daughter companies:

• 100% equity share in Enermont s.r.o. located at Hraničná 14, 827 14 Bratislava
• 100% equity share in OTC, s.r.o. located at M. R. Štefánika 85, 920 01 Hlohovec
• 100% equity share in ZSE prenos, spol. s r.o. located at Čulenova 6, 816 47 Bratislava

On April 20, 2006 ZSE founded another 100% daughter company called ZSE Distribúcia, a.s. with
its headquarters at Čulenova 6, 816 47 Bratislava (incorporated on May 20, 2006). The company
was incorporated due to the changes instituted in the Energy Act following the unbundling
model that was approved by the ZSE’s executive bodies.

On August 18, 2006 ZSE founded another 100% daughter company called ZSE Energia, a.s.
with its headquarters at Čulenova 6, 816 47 Bratislava (incorporated on September 22, 2006).
The company was incorporated due to the changes instituted in the Energy Act following the
unbundling model that was approved by the ZSE’s executive bodies.

ZSE owns shares also in the following companies:

• 49% equity share in E.ON IT Slovakia spol. s r.o. located at Čulenova 6, 816 47 Bratislava
• One-third of the shares of SPX, spol. s r.o. located at Ul. republiky 5, 010 47 Žilina
• 16.67% share in ENERGOTEL, a.s. located at Miletičova 7, 821 08 Bratislava
• 12% share in EFR CEE Kft. located at Széchenyi rkp. 8, H-1054 Budapest, Hungary

Organizational Scheme as of December 31, 2010



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