Body of the report:             

The Management Board of Jastrzębska Spółka Węglowa S.A. ["JSW", "Company"] hereby reports that on 14 May 2024 it was informed of the estimated consolidated financial results of the JSW Group for Q1 2024 and decided to make them public.

Estimated consolidated financial results of the JSW Group for Q1 2024:

- sales revenues: PLN 3,414.8 million,
- gross profit on sales: PLN 298.1 million,
- operating profit plus depreciation and amortization (EBITDA): PLN 532.1 million,
- net loss: PLN 9.7 million.

The financial results presented are estimates obtained in the preparation of the interim Q1 2024 consolidated financial statements and are subject to change. The final financial results for Q1 2024 will be presented in detail in the Consolidated Quarterly Report for Q1 2024, scheduled for publication on 21 May 2024.

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.