Body of the Report:

The Management Board of Jastrzębska Spółka Węglowa S.A. (“Company”, “JSW”) hereby reports that on 12 July 2020 the Company’s Supervisory Board adopted a resolution to appoint Mr. Tomasz Duda as of 13 February 2020 to the position of Vice-President of the Management Board for Development of the 10th term.

Other information regarding the newly appointed member of the JSW Management Board, 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.