Body of the report:

The Management Board of Jastrzębska Spółka Węglowa S.A. ["Company", "JSW S.A."] hereby reports that on April 7, 2025 it adopted a resolution on the motion to the JSW S.A. Shareholder Meeting as to covering the net loss of Jastrzębska Spółka Węglowa S.A. for the financial year ended 31 December 2024.

In accordance with the adopted resolution, the JSW S.A. Management Board moves to the Company's Ordinary Shareholder Meeting to cover the net loss of Jastrzębska Spółka Węglowa S.A. for the financial year ended 31 December 2024 in the amount of PLN 6,331,423,905.24 [six billion three hundred and thirty-one million four hundred and twenty-three thousand nine hundred five and 24/100 Polish zloty] in full from the Company's supplementary capital.

In addition, the Company hereby reports that the motion in this matter will be submitted to the Company's Supervisory Board for an opinion in accordance with Article 382 § 3 of the Commercial Company Code, and the final decision in this matter will be made by the Ordinary Shareholder Meeting.

Legal basis: Article 17[1] of Regulation [EU] No. 596/2014 of the European Parliament and of the Council of 16 April 2014 on Market Abuse and Repealing Directive 2003/6/EC of the European Parliament and of the Council and Commission Directives 2003/124/EC, 2003/125/EC and 2004/72/EC.