Body of the report:

The Management Board of Jastrzębska Spółka Węglowa S.A. (“Company”, “JSW”) hereby reports that on 13 July 2019 the Company’s Supervisory Board adopted a resolution to appoint Mr. Włodzimierz Hereźniak as of 1 August 2019 to the position of President of the Company’s Management Board of the 10th term.

Other information regarding the newly appointed members of the JSW Management Board of the 10th term, as required by the Regulation of the Finance Minister of 29 March 2018 on the Current and Periodic Information, pertaining to their education, qualifications and previously held positions along with a description of their professional careers will be provided by the Company in a separate report.

Legal basis: § 5 Item 5 of the Regulation issued by the Finance Minister on 29 March 2018 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.