PETITION TO DECLARE INEFFECTIVENESS OF DECLARATIONS ON TERMINATION OF CONTRACTS: ADDITIONAL JUDGEMENT OF DISTRICT COURT IN GDAŃSK

The Management Board of Polenergia S.A. (“Issuer”) in reference to current report of the Issuer with No. 6/2020 of 6 March 2020, hereby reports that the District Court in Gdańsk supplemented the initial and partial judgement of 6 March 2020 in a manner that a new section of the conclusion of the judgement was added with the following content: acknowledges the Petitioner’s requests with respect to the damages for the Defendant’s failure to perform the Sale Agreement of Electricity Generated in a Renewable Energy Source – Wind Farm in Modlikowice, concluded between the Petitioner and the Defendant on 23 December 2009 as essentially justified.

The judgement is subject to appeal.

Legal basis: Art. 17(1) of Regulation of the European Parliament and Council (EU) No. 596/2014 on market abuse and repealing Directive 2003/6/EC of the European Parliament and Council and Commission Directives 2003/124/EC, 2003/125/EC and 2004/72/EC (Journal of Laws of the European Union L of 2014, No. 173, p. 1 as amended).