ENTERING INTO THE FINAL AGREEMENT FOR THE SALE OF SHARES IN POLENERGIA ELEKTROCIEPŁOWNIA NOWA SARZYNA SP. Z O.O.

The Management Board of Polenergia S.A.  (“Issuer”), hereby announces that on 30 January 2026, the Issuer entered into a final agreement with Axpo Polska sp. z o.o. (“Axpo”) for the sale of 100% of shares in Polenergia Elektrociepłownia Nowa Sarzyna sp. z o.o. (“ENS”) (“Shares”) (“Final Agreement”), based on a preliminary, conditional agreement for the sale of Shares entered into with Axpo on 17 December 2025 (“Preliminary Agreement”). The execution of the Final Agreement took place upon the fulfillment of the condition precedent requiring Axpo to obtain the approval of the anti-monopoly authority for the acquisition of the Shares.

The final total price for the Shares is ca. PLN 139.7 million.

The Issuer informed about the execution of the Preliminary Agreement in current report No. 62/2025 of 17 December 2025.

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 as amended.

Issuer’s Management Board