Body of the report:

The Management Board of Jastrzębska Spółka Węglowa S.A. (“JSW”, “Company”) hereby reports that today it adopted a resolution consenting to make a contribution to the JSW Stabilization Closed-end Investment Fund as part of the issuance of series E Investment Certificates and purchase Investment Certificates for an amount not to exceed PLN 1.0 billion (say: PLN one billion) to be designated to the liquidity sub-portfolio.

At the same time, the Company reports that, pursuant to Resolution 5 of the JSW Shareholder Meeting of 3 June 2022, the action described above requires the consent of the Company’s Supervisory Board and the Fund’s Investor Meeting.

Legal basis: Article 17 Section 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