ANNOUNCEMENT OF PRELIMINARY RESULTS OF THE MAIN AUCTION FOR THE 2029 DELIVERY YEAR

The Management Board of the company under the name of Polenergia S.A. (the“Issuer”), in reference to current report no. 63/2024 of December 12, 2024, hereby announces that in accordance with the preliminary results of the main auction for the 2029 delivery year announced by Polskie Sieci Elektroenergetyczne S.A. (“PSE”) on December 17, 2024, this auction ended in the 7th round with a closing price of PLN 264,90/kW/year.

In view of the announcement of the preliminary results of the main auction for the 2029 delivery year, PSE and Zarządca Rozliczeń S.A. concluded a capacity agreement with the Issuer’s subsidiary Polenergia Elektrociepłownia Nowa Sarzyna sp. z o.o. with its registered office in Nowa Sarzyna (“ENS”). The total capacity obligation offered by ENS, resulting from the aforementioned agreement, amounts to 114 MW. The agreement was concluded for a period of 1 year, subject to a condition precedent until the announcement of the final auction results by the President of the Energy Regulatory Office.

legal basis: Article 17 paragraph 1 of the Regulation (EU) No. 596/2014 of the European Parliament and of the Council on market abuse 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 (Journal of Laws of the EU. L. of 2014, No. 173, p. 1, as amended)