Completion of negotiations with ZE PAK S.A. regarding the potential acquisition of shares in PAK CCGT Sp. z o.o.

With reference to current report No. 3/2025 dated January 23, 2025, concerning the signing by PGE Polska Grupa Energetyczna S.A. (“Company,” “PGE”) and ZE PAK S.A. (“ZE PAK”) of a term sheet regarding a potential transaction involving the acquisition by PGE from ZE PAK: 100% of shares in PAK CCGT sp. z o.o., and 50% of shares in PGE PAK Energia Jądrowa S.A., the Management Board of the Company announces that it has received information from ZE PAK about its withdrawal from the intention to sell 100% of shares in PAK CCGT sp. z o.o. and, consequently, about the termination of negotiations with the Company as of June 30 this year.

At the same time, the Company and ZE PAK declare their intention to hold talks on the functioning of PGE PAK Energia Jądrowa S.A.