Submission of a candidate for Supervisory Board Member by a shareholder - the State Treasury

The Management Board of PGE Polska Grupa Energetyczna S.A. (“PGE”, the "Company") announces that on April 26, 2023 the Company received a notification from a shareholder - the State Treasury - of its intention to propose Mr Cezary Falkiewicz as a candidate to the PGE Supervisory Board, in connection with the convening of the April 28, 2023 of the Ordinary General Meeting of the Company (the "OGM") (Current Reports no. 13/2023, 14/2023 and 16/2023).

At the same time, the Company is providing information on Mr Cezary Falkiewicz professional CV, education and to enable the Company's Shareholders to familiarise themselves with them prior to the OGM.

Mr Cezary Falkiewicz is a graduate of the Faculty of Law and Administration at Cardinal Stefan Wyszyński University in Warsaw. He also holds a postgraduate degree in Finance and Accounting with ACCA accreditation from the Vistula University of Finance and Business. He has been involved in state administration since 2014, starting at the Ministry of the Treasury, then being employed at the Chancellery of the Prime Minister and the Ministry of State Assets, where he currently serves as Deputy Director of the Department of Fuel and Energy Companies.

In his work to date, he has mainly dealt with economic and financial analyses of companies and issues relating to the acquisition of shares by the Treasury from the Reprivatisation Fund. Mr Cezary Falkiewicz also has professional experience related to merger and acquisition processes of companies with State Treasury shareholding, as well as in the oil and gas sector. Since 2015, he has served on the Supervisory Boards of several commercial law companies, including the Supervisory Board of PGNIG S.A., where he was Deputy Chairman of the Board, and of Lotos Upstream Sp. z o.o.

His current responsibilities include exercise of the owner’s rights in the fuel and gas sector companies with State Treasury shareholding.

Legal ground: § 19 section 1 p. 2 of the Regulation of the Minister of Finance dated March 29, 2018 on current and periodic information published by issuers of securities and on conditions under which such information may be recognized as being equivalent to information required by the regulations of law of a state which is not a member state. (Dziennik Ustaw of 2018, item 757).