Conclusion of the conditional agreement for the acquisition of FEW Bałtyk II offshore wind project from RWE and the acquisition of the Environmental Decision for the generation part of Baltica 9 project – delayed disclosure of inside information

The Management Board of PGE Polska Grupa Energetyczna S.A. (“PGE”), acting pursuant to Article 17(1) and Article 17(4) of Regulation (EU) No. 596/2014 of the European Parliament and of the Council of April 16, 2014 on market abuse (market abuse regulation) 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 (the “MAR”), hereby discloses to the public the inside information, the disclosure of which was delayed on November 25, 2025 on the ground of Article 17(4) of the MAR. The inside information, the disclosure of which was delayed was information about the conclusion of the conditional agreement for acquisition of FEW Bałtyk II offshore wind project from RWE and acquisition of the Environmental Decision for the generation part of Baltica 9 project.

The disclosure of the inside information mentioned below was delayed until the moment of the announcement about granting to Baltica 9 offshore wind farm project the right to cover a negative balance of electricity generated in offshore wind farms as a result of auction AMFW/1/2025 which was announced by the President of the Energy Regulatory Office and planned for December 17, 2025.

The wording of the delayed inside information:

“Conclusion of the conditional agreement for acquisition of FEW Bałtyk II offshore wind project from RWE.

The Management Board of PGE Polska Grupa Energetyczna S.A. (“PGE”) discloses that on November 25, 2025 Elektrownia Wiatrowa Baltica 9 sp. z o.o. (“Baltica 9” – company from PGE Group) committed to acquire 100% shares in RWE Offshore Wind Poland sp. z o.o. (“RWE OWP”) from RWE RENEWABLES INTERNATIONAL PARTICIPATIONS B.V. provided the conditions included in the agreement are fulfilled.

RWE OWP is a company developing FEW Bałtyk II project. FEW Bałtyk II is a project with a capacity of approx. 350 MW neighbouring the Baltica 9 project being developed by the PGE Group that is on more advanced development stage. FEW Bałtyk II project possesses a support in form of the Contract for Difference obtained within the so called 1rst Offshore phase, holds location permits, seabed cable location license (SCLL) and secured rights for ground in land part for initially planned route.

Acquisition of FEW Bałtyk II project will allow PGE Group to obtain synergies resulting from joint development of FEW Bałtyk II and Baltica 9 projects and will contribute to reaching by the PGE Group the strategic objective of 4 GW of installed capacity in offshore wind farms in year 2035.”

and

“Acquisition of the Environmental Decision for the generation part of Baltica 9 project.

The Management Board of PGE Polska Grupa Energetyczna S.A. (“PGE”) discloses that on November 25, 2025 Elektrownia Wiatrowa Baltica 9 sp. z o.o. (“Baltica 9” – company from PGE Group) has concluded an assets purchase agreement with Carmagnola sp. z o.o. and RWE Offshore Wind Poland sp. z o.o.

The agreement assumes transfer of the following assets from the sellers to Baltica 9:

- Environmental Decision no. 12/2025 (issued on June 27, 2025) for the generation part of the 44.E.1 area (area of Baltica 9 project) (the “Decision”);

- Environmental Impact Assessment Report; and

- environmental data.

Acquisition of the Decision along with the additional assets will allow Baltica 9 to participate in auction for right to cover negative balance of electricity generated in offshore wind farms AMFW/1/2025 announced by the ERO President, which will take place on December 17, 2025.”