CONCLUSION OF TRANSACTIONS HEDGING THE RISK OF VARIABLE INTEREST RATE IN CONNECTION WITH THE CONCLUSION OF A LOAN AGREEMENT WITH BANK GOSPODARSTWA KRAJOWEGO AS PART OF THE NATIONAL PLAN FOR RECOVERY AND INCREASING RESILIENCE

With reference to current report number 65/2024 dated December 18, 2024 on the conclusion of a loan agreement up to PLN 750,000,000.00 with Bank Gospodarstwa Krajowego as part of the National Plan for Reconstruction and Increasing Resilience (the “Loan”), Polenergia S.A. (the “Issuer”), informs that in order to reduce the risk of interest rate volatility based on WIBOR related to the Loan, on February 5-14, 2025, the Issuer concluded interest rate swap (IRS) forward transactions with financial institutions.

In total, the transactions secure 75.3% of the Issuer’s exposure to the risk of interest rate volatility based on WIBOR related to the Loan.

The transaction was made on market terms that do not differ from the terms commonly used for this type of financial transaction.

legal basis: Article 17(1) of the Regulation (EU) No 596/2014 of the European Parliament and of the Council of 16 April 2014 on market abuse (market abuse regulation) 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 European Union, L. of 2014, No. 173, p. 1, as amended).