Body of the Report:

The Management Board of Jastrzębska Spółka Węglowa S.A. (“Company”) hereby reports that on 28 May 2019 the Company received information about granting a concession for extraction of hard coal and methane as an accompanying mineral from the “Bzie Dębina 1-Zachód” deposit (“Concession”). The Concession has been granted until 31 December 2051.

The total amount of recoverable reserves in the deposits subject to the Concession and the concession obtained in 2008 for the “Bzie Dębina 2-Zachód” deposit is estimated at over 180 million tons of coking coal, which will enable the newly constructed hard coal mine “Bzie-Dębina” to mine them for at least 30 years.

Legal basis: Article 17 Section 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