Signing of the preliminary conditional agreement related with the acquisition of PGE PAK Energia Jądrowa shares from ZE PAK S.A.

With reference to current reports no. 3/2025 of January 23, 2025 and no. 26/2025 of July 1, 2025 the Management Board of PGE Polska Grupa Energetyczna S.A. (“PGE”, the “Company”) discloses that on October 15, 2025 (in the evening) the Company signed with ZE PAK S.A. (“ZE PAK”) the preliminary conditional share purchase agreement for the sale by ZE PAK of 50% shares in PGE PAK Energia Jądrowa S.A. (“PGE PAK EJ”) to PGE (the “Preliminary Agreement”).

The provisions of the Preliminary Agreement stipulate that the transaction (the „Transaction”), as a result of which PGE will become the sole shareholder of PGE PAK EJ, will be closed upon the fulfilment of the condition precedent, that is receiving by PGE an unconditional decision of the minister responsible for energy resources management on granting the consent to achieve by PGE a dominant position in PGE PAK EJ consisting of taking control by PGE over PGE PAK EJ in accordance with art. 3f section 1 of the Act of June 29, 2011 on the preparation and implementation of investments in nuclear energy facilities and related investments.

Conclusion of the final share purchase agreement for the sale of PGE PAK EJ shares to PGE, which will form the legal basis for the transfer of shares’ ownership should occur not later than by November 27, 2025.