SHAREHOLDERS SUBMIT AMENDMENTS TO RESOLUTION DRAFTS OF THE GENERAL SHAREHOLDERS’ MEETING CONVENED AT 18 JUNE 2021

The Management Board of Polenergia S.A. (“Issuer”) acting pursuant to § 19(1) of the Regulation of the Minister of Finance of 29 March 2018 on current and periodical information provided by issuers of securities and terms for deeming information required under legal provisions of a country which is not a member state equivalent (Polish Journal of Laws [Dz.U.] of 2018, No. item 757) and in reference to current reports No. 21/2021, 22/2021, 24/2021, 25/2021 and 27/2021, hereby reports that on 17 June 2021, it received a request of shareholders jointly controlling the Issuer, i.e. Mansa Investments Sp. z o.o. and BIF IV Europe Holdings Limited (hereinafter, jointly the “Shareholders”) pertaining to the changes in the resolution drafts of the Ordinary General Shareholders Meeting convened at 18 June 2021 (hereinafter: “GSM”), (“Request”). The request was submitted pursuant to the provisions of Art. 401 Par. 4 of the Polish Code of Commercial Companies. The amendments proposed by the Shareholders refer to the resolution drafts concerning:

1. resolution on amendments in the Company’s Articles of Association: Section 19 of the agenda of the GSM;
2. resolution on amendments in the Company’s Articles of Association pertaining to granting the Shareholders with individual rights to appoint members of the Management Board and the Supervisory Board of the Company and amendments in other provisions of the Company’s Articles of Association: Section 20 of the agenda of the GSM.

The drafts contained in the Request replace the resolutions pertaining to amendments in the Company’s Articles of Association and the resolution pertaining to the granting of personal rights to the Shareholders to appoint members of the Management Board and the Supervisory Board and amendments of other provisions of the Company’s Articles of Association submitted by the Shareholders in the request for inclusion of specific items in the agenda of the GSM of 11 June 2021.

The request along with the proposal of amended resolution drafts forms a schedule hereto.

Legal basis: § 19(1) of the Regulation of the Minister of Finance of 29 March 2018 on current and periodical information provided by issuers of securities and terms for deeming information required under legal provisions of a country which is not a member state equivalent (Polish Journal of Laws [Dz.U.] of 2018, item 757).