Body of the report:

The Management Board of Jastrzębska Spółka Węglowa S.A. (“JSW”, “Company”) hereby reports that today Mr. Edward Szlęk tendered his resignation from acting in the capacity of the Company’s CEO on account of his health.

Mr. Józef Myrczek, the Supervisory Board Chairman of JSW, whom the Supervisory Board has seconded to the Company’s Management Board, will perform these duties until the time of selecting the Company’s new CEO.

Since 2010, Mr. Myrczek has served as the Company’s Supervisory Board Chairman. In 1980, he graduated from the Faculty of Fundamental Technological Problems at the Wroclaw University of Technology. In 1984, he earned a Ph.D. degree, and later, in 1999, a postdoctoral degree (habilitation) in chemistry. He completed numerous training courses in banking and finance in Poland and abroad. Currently, he is an associate professor at the University of Technology and Humanities in Bielsko-Biała.

Mr. Józef Myrczek is not involved in any activities competitive to those he performs at JSW S.A. He is not a partner in any competing civil law company or partnership, nor is he a member of any governing body of a corporation, nor is he involved in any other competitive legal person as a member of its governing body. Nor is he listed in the Register of Insolvent Debtors kept pursuant to the National Court Register Act.

Legal basis:

§ 5 section 1 items 21 and 22 of the Regulation issued by the Finance Minister on 19 February 2009 on the Current and Periodic Information Transmitted by Securities Issuers and the Conditions for Recognizing the Information Required by the Regulations of a Non-Member State as Equivalent.