Issuance of an administrative decision by the ERO President regarding the Price Difference Payment Fund

With reference to the current report no. 8/2026 of February 6, 2026, the Management Board of PGE Polska Grupa Energetyczna S.A. ("PGE", the “Company”) discloses that on March 12, 2026 PGE Obrót S.A. („PGE Obrót”) has received the administrative decision (the „Decision”) from the President of Energy Regulatory Office (the „ERO President”) on the obligation to transfer to the account of the Price Difference Payment Fund (the „PDP Fund”) an amount of PLN 605 million what constitutes a difference between the contribution paid by PGE Obrót to the PDP Fund and the amount calculated by the ERO President. The Decision obliges PGE Obrót to transfer the indicated amount to the account of the PDP Fund within 30 days from the Decision delivery date. According to the Decision the interest on the liability amount is counted from the day of the receipt of the Decision.

Taking into account the above and the principles of IAS 37, PGE Obrót has identified the necessity to create a provision in the amount of PLN 605 million in the fourth quarter of 2025.

Appropriate provision in the same amount will be also recognised in the consolidated financial statements for 2025 and will decrease consolidated EBITDA result of the PGE Capital Group.

At the same time the Company informs that the value of the above provision may change and its final value will be presented in the consolidated financial statements of the PGE Capital Group for the year 2025 which is subject to the audit by the Statutory Auditor.

The Management Board of PGE points out that PGE Obrót is entitled to file an appeal with the court against the Decision.