PARTICIPATION OF POLENERGIA S.A. SUBSIDIARIES IN CAPACITY MARKET MAIN AUCTION FOR DELIVERY YEAR 2021

The Management Board of Polenergia S.A. (‘Issuer’), acting pursuant to Art. 17 (1) of the Regulation (EU) No. 596/2014 of the European Parliament and of the Council of 16 April 2014 on market abuse and repealing Directive 2003/6/EC of the European Parliament and the Council and Commission Directives 2003/124/EC, 2003/125/EC and 2004/72/EC (OJ L 173, 2014, p. 1, as amended), hereby announces that on 15th November 2018 the Issuer’s subsidiaries – Polenergia Elektrociepłownia Nowa Sarzyna sp. z o. o. seated in Nowa Sarzyna (‘ENS’) and Mercury Energia Spółka z ograniczoną odpowiedzialnością i Wspólnicy Spółka Komandytowa seated in Warsaw (‘Mercury’) – participated in a capacity auction for the delivery year 2021. During the auction, ENS and Mercury offered a capacity obligation for 2021 with the total amount of 114 MW. ENS and Mercury did not submit exit bids until the auction ended. The closing price of the auction, which ended in the 5th round, ranges from PLN 218.56/kW to PLN 240.40/kW. The Issuer will publish in separate current reports the preliminary and final results of the auction, following their announcement by Polskie Sieci Elektroenergetyczne S.A. and by the President of the Energy Regulatory Office.