The Management Board of Polenergia S.A. (“Issuer“), announces that in a judgment dated 1 October 2025 (“Judgment“), the District Court in Warsaw awarded jointly and severally against Certyfikaty sp. z o.o. (“Certyfikaty“) and Polenergia Obrót S.A. (“Polenergia Obrót“) – subsidiaries of the Issuer, the amount of PLN 24,025,009.72 with statutory default interest in favor of Eolos Polska sp. z o.o. (“Eolos“) in connection with the alleged non-performance of two framework agreements for the sale of proprietary rights arising from certificates of origin for electricity generated from renewable energy sources entered into by the legal predecessor of Certyfikaty and Eolos on 23 December 2010 which the Issuer believes expired on 5 January 2016. (“Agreements“).
The Issuer reported on the abovementioned litigation in current report No. 10/2018 dated 27 April 2018.
The judgment is not final and as such it is not enforceable. After a review of the rationale for the Judgment, the Issuer will make a decision regarding filing an appeal.
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
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