Body of the report: 

The Management Board of Jastrzębska Spółka Węglowa S.A. [“Company”, “JSW”, “Issuer”] reports that on 29 January 2025 it adopted a resolution on the occurrence of force majeure in JSW and the notification of the Company’s business partners of its occurrence and the ensuing consequences for the obligations affected by the operation of force majeure. This decision is related to the events that occurred on 22 January 2025 in the Knurów-Szczygłowice mine, Szczygłowice Section, where a methane ignition occurred and the endangered area had to be sealed off using stoppings.

In view of the rescue operation currently in progress, the Issuer currently expects the loss of production volume in 2025 to be approximately 800 thousand tons.

The Company reports that as at the date of preparing this report, it is not possible to determine the full impact of the incident on the future prospects of the Company and of the JSW Group. In the event of material changes stemming from the analyses conducted, JSW will provide information in the form of separate current reports.

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.