The Supervisory Board’s consent to the acquisition of the shares in PKPE Holding sp. z o.o.

The Management Board of PGE Polska Grupa Energetyczna S.A. (“PGE”) discloses that on December 28, 2022, the Supervisory Board of PGE adopted a resolution on granting consent to the acquisition of 100% of the shares in PKPE Holding sp. z o.o. from Edison Holdings S.à r.l. for the price of approximately PLN 1 913.5 million, determined on the basis of the enterprise value as at March 31, 2022, in the amount of approximately PLN 5 944.5 million. PKPE Holding Sp. z o.o. is a holding company controlling a number of entities the activities of which are concentrated around PKP Energetyka S.A. (the “PKPE Group”). The PKPE Group is an energy distributor and seller of energy to the traction grid, and additionally provides traction grid maintenance.