EXTENDING THE OVERVIEW OF STRATEGIC OPTIONS

The Management Board of Polenergia S.A. (“Issuer” or “Company“) hereby informs that in connection with the Company’s development plans, it has decided to extend the review of strategic options announced in the Company’s current report No. 4/2024 of February 8^th, 2024 (Review of Strategic Options“) (“Report“).

As at the date of this announcement, the Review of Strategic Options on the terms set out in the Report covers the implementation of projects within the strategic objectives indicated in the Report and selected projects in other segments of Polenergia Group’s operations in the long term, excluding offshore wind farm projects and strategic assets.

In the course of the Strategic Options Review, the Issuer intends to engage in talks with various entities, and additional information about the Company and the projects subject to the Strategic Options Review may be provided to selected entities, to the extent permitted by applicable law.

Both the schedule and the final outcome of the Strategic Options Review are uncertain as at the date of this information. So far, no decisions have been made regarding the selection of a specific strategic option for individual projects, and it is uncertain whether and when such decisions will be made in the future.

The Issuer will publish information on the course of the Strategic Options Review in accordance with applicable law.

legal basis: Article 17(1) of 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 (OJ L of 2014 No. 173,  p. 1, as amended).