Information about necessity to create a provision in Coal Energy segment

9/2026

25.02.2026 16:09

Art. 17 ust. 1 Rozporządzenia MAR – informacje poufne

Contents of the report

The Management Board of PGE Polska Grupa Energetyczna S.A. (”PGE”, the ”Company”) discloses that during the works on the financial statement for year 2025 PGE Górnictwo i Energetyka Konwencjonalna S.A. (”PGE GiEK”) has identified – in accordance with IAS 37 Provisions, Contingent Liabilities and Contingent Assets – expected loss on part of electricity sale contracts for 2026 and 2027 and therefore a necessity to create in the financial statements an appropriate provision for onerous contracts amounting to approx. PLN 1.2 bn.As a consequence a provision for onerous contracts will be also created in the consolidated financial statements of the PGE Capital Group for year 2025 – after consolidation adjustments it will amount to approx. PLN 0.7 bn and will lower the EBITDA of the PGE Capital Group for year 2025 by that amount. Final value of the provision will be presented in the periodic report of the PGE Capital Group for the year 2025 which is subject to audit by the Statutory Auditor.

Signatures of persons representing the company

Date Name Position and function
2026-02-25 Przemysław Jastrzębski Vice-President of the Management Board
2026-02-25 Robert Kowalski Vice-President of the Management Board