We develop the electricity system

Contents

Interview with Chris Peeters and Bernard Gustin* 2

Elia Group* Shareholder structure 6

8

Corporate bodies Group priorities* 10

12

Sustainable actions in the interest of society* 16 Key fi gures 2018 18 Elia Group in 2018 20 Elia Grid International in 2018 24

1. We ensure a secure, reliable and effi cient grid* 2. We deliver the transmission infrastructure of the future* 26

40

3. We develop the electricity system and the markets* 54

4. We cooperate to create value for society* 70

5. We align culture with strategy* 84 6. We have our eyes wide open for innovation & growth opportunities* 98 Elia share 110

Management discussion* 113

Regulated information, published on 12 April 2019 after trading hours.

Elia Group’s Annual Report 2018 consists of three parts: the Activity Report, the Sustainability Report and the Financial Report where we inform our stakeholders about our projects, corporate social responsibility, and fi nancial results, corporate governance and risk management, respectively.

You are currently reading the Activity Report. Please visit our download centre to consult parts two and three.

* These chapters form the annual report cf. article 119 of the Belgian company code.

Scan the QR code to visit our download centre.

It’s time to accelerate …

… to develop the grid of the future that integrates increasing amounts of renewable energy generation.

… to prepare the system of the future while keeping the lights on and ensure our infrastructure is fully available to the market.

… to create a culture of innovation and entrepreneurship, and redesign the market by embedding all kinds of technologies and market players and integrating new types of consumption in a secure way.

… to contribute to the single European internal energy market by operating and developing interconnectors.

… to implement a corporate Group culture that leverages the full potential of our talents to establish a high performance organisation.

… to live up to the needs of society and the expectations of our stakeholders.

… to make sure we are ready to take on new tasks.

GRI Standards

This report has been prepared in accordance with the GRI Standards, the fi rst global standards for sustainability reporting. Whenever you see a GRI reference number throughout the Activity Report, Elia Group is reporting on economic, environmental or social impacts. More information on the subject can be found in the corresponding section of the Sustainability Report on page 16. The QR codes in this report provide more in-depth information on a subject by way of a video, brochure or web page. Simply scan the QR codes with your tablet or smartphone and discover more.