Resolutions of the GPW regarding the admission and conditional introduction of E series shares to stock exchange trading and the designation of the last day of listing the rights to E series shares

The Management Board of PGE Polska Grupa Energetyczna Spółka Akcyjna („Company”) hereby informs that on 1 June the Management Board of Giełda Papierów Wartościowych w Warszawie S.A. („GPW") adopted the following resolutions:

1. resolution no. 503/2022 regarding the designation of the last day of trading on the main market of GPW of the rights to E series ordinary bearer shares („Rights to E Series Shares") according to which the Management Board of the GPW designated 3 June 2022 as the last date of trading of 373,952,165 (three hundred and seventy three million nine hundred and fifty two thousand one hundred and sixty five)Rights to E Series Shares marked by Krajowy Depozyt Papierów Wartościowych S.A. („KDPW”) with PLPGER000085 code.

2. resolution no. 504/2022 regarding the admission and introduction to stock exchange trading onthe main market of GPW 373,952,165 (three hundred and seventy three million nine hundred and fifty two thousand one hundred and sixty five) E series ordinary beared shares with nominal value of PLN 8.55 (eight zlotys fifty five groszy) each („E Series Shares"). Pursuant to the resolution, the Exchange Management Board decided to introduce E Series Shares to trading on the main market on 6 June 2022, subject to the registration of these shares by the NDS on 6 June 2022 and their coding as "PLPGER000010"

The abovementioned resolutions entered into force on the date of its adoption.

Disclaimer: this current report and the information contained herein is restricted and is not intended for publication, announcement, distribution or transmission, directly or indirectly, in whole or in any part, in the territory of the United States of America, Australia, Canada, Japan or any other countries where such publication, announcement, distribution or transmission would be unlawful.

This report is published for the purpose of fulfilling information obligations of PGE Polska Grupa Energetyczna S.A. as an issuer of securities admitted to trading on a regulated market, and does not constitute securities offering in any jurisdiction.

Please read legal disclaimers at the end of this current report.

Legal disclaimers:

This current report has been prepared in accordance with the requirements of Article 17(1) of the Regulation (EU) No 596/2014 of the European Parliament and of the Council of 16 April 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 and Article 56(1)(2) of the Act of 29 July 2005 on Public Offering, Conditions Governing the Introduction of Financial Instruments to Organised Trading, and Public Companies ("Public Offering Act").

This current report is of an informative nature only, it constitutes the fulfilment of information obligations of PGE Polska Grupa Energetyczna S.A. as a public company whose shares are admitted and introduced to trading on the regulated market run by the Warsaw Stock Exchange S.A and (i) is not made available for the purpose of promoting, directly or indirectly, the acquisition of securities of PGE Polska Grupa Energetyczna S.A. with its registered office in Warsaw or of encouraging, directly or indirectly, to purchase or subscribe for such securities and (ii) does not constitute an advertisement or promotional material prepared or published by the Company for the purpose of promoting the securities of PGE Polska Grupa Energetyczna S.A., their subscription, purchase or offering, or to encourage investors, directly or indirectly, to purchase or subscribe for such securities.

This current report is not an advertisement within the meaning of Article 22 of Regulation (EU) 2017/1129 of the European Parliament and of the Council of 14 June 2017 on the prospectus to be published when securities are offered to the public or admitted to trading on a regulated market and repealing Directive 2003/71/EC.

This current report and the information contained herein is not intended for publication, announcement or dissemination, directly or indirectly, in or into the United States, or in other countries where public dissemination of the information contained herein may be restricted or prohibited by law. The securities referred to herein have not been and will not be registered under the U.S. Securities Act of 1933, as amended, and may not be offered or sold in the United States except for transactions not being subject to registration obligation under the U.S. Securities Act or pursuant to an exemption from such registration obligation.

Legal basis: § 17 sec. 1 point. 2 and 5 the Regulation of the Minister of Finance of 29 March 2018 on current and periodic information to be published by issuers of securities and conditions for recognising as equivalent information required by the laws of a non-member state (Journal of Laws 2018, item 757).