ISSUER’S SUBSIDIARY ENTERS INTO AN EPC AGREEMENT

The Management Board of the company Polenergia S.A. (the “Issuer”) announces that on 21 August 2025, the Issuer’s subsidiary  Polenergia Farma Fotowoltaiczna 2 sp. z o. o developing the Rajkowy photovoltaic farm project with a total installed capacity of 35 MWp (“Project” or “Rajkowy Photovoltaic Farm”) entered into an agreement for the construction of the Rajkowy Photovoltaic Farm (the “EPC Agreement”) with the Company Nomad Electric sp. z o.o. with registered office in Warsaw (“Contractor”).

The EPC Agreement concerns the performance by the Contractor for the Rajkowy Photovoltaic Farm of comprehensive assembly and electrical works, including, without limitation: delivery and assembly of supporting structures for photovoltaic modules, assembly of photovoltaic modules and inverters, delivery and assembly of LV/MV power stations, delivery and assembly of LV, MV cables, construction of a 20/110 kV customer substation along with the delivery of equipment, delivery and assembly of an HV cable line with a fiber optic network. The EPC Agreement does not include the supply of photovoltaic modules and inverters. The completion date provided for in the EPC Agreement is the fourth quarter of 2026.

The contractual terms of the EPC Agreement are no different from standard arm’s length conditions for this type of contract. The contractual provisions relate in particular to: the obligations of the parties, remuneration and settlement rules, liability, including limitation thereof, performance bond, guarantee for the removal of defects and faults.

The contract value of the EPC Agreement is ca. PLN 46 million.

legal basis: Article 17(1) of the Regulation (EU) No. 596/2014 of the European Parliament and of the Council on market abuse 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.

Issuer’s Management Board