CONCLUSION OF ANNEX TO THE PPA & PPA+ PACKAGE

The Management Board of Polenergia S.A. (the “Issuer”), with reference to current report No. 57/2023 dated 30 November 2023 on the conclusion of the PPA & PPA+ Package (the “PPA & PPA+ Package”), notifies that on 30 December 2025, Polenergia Obrót S.A. the Issuer’s subsidiary (“POLO”) signed an annex to the PPA & PPA+ Package (the “Annex”) with McDonald’s Poland sp. z o.o. with the registered address in Warsaw (“McDonald’s”), and 94 McDonald’s franchisees (the “Other Purchasers”).

Under the Annex, the parties to the PPA & PPA+ Package have agreed to terminate the PPA+ effective 31 December 2025 and to create an obligation for POLO to sell electricity produced by the Szymankowo Wind Farm with an installed capacity of 38 MW (“Szymankowo WF”) and, as of 1 January 2026, electricity produced by the Grabowo Wind Farm with an installed capacity of 44 MW (“Grabowo WF”) to a third party designated by McDonald’s, acting as the balance responsible party (BRP) of McDonald’s and the Other Purchasers (“McDonald’s BRP”) (the “PPA”). Guarantees of origin of electricity from renewable energy sources related to this energy will be received under the PPA.

Due to the above change, the estimated total sales volume for the remaining years of the PPA term, i.e. 2026 – 2027, may amount to about 75 GWh for each year of the PPA. The total estimated revenues from the sale of electricity and guarantees of origin under the PPA & PPA+ Package with McDonald’s Polska sp. z o.o., and from a separate agreement entered into between McDonald’s BRP and POLO, may amount to about PLN 308 million by the end of 2027.

legal basis: Article 17 section 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