Current report No. 45/2024

Date: 12 December 2024

Subject: Summary of the capacity market main auction for 2029 forentities belonging to the Energa Group

Legal basis: Article 17(1) MAR - inside information

The Management Board of Energa SA ("Issuer") announces that on 12December 2024, as a result of the capacity market main auction for 2029,a total of 561,619 MW of capacity obligation was contracted for unitsbelonging to the Energa Group, including:

1) 542,999 MW for existing units and Demand Side Response (with a 1 yearcapacity contract),

2) 18,620 MW for new units (with a 17 years capacity contract).

The closing price of the auction is within the 223,77 - 268,48PLN/kW/year range, and pursuant to Article 38.1 of the Capacity MarketAct of 8 December 2017, it will be made public by PSE S.A. within 3working days.

The total revenues of the Energa Group in the year 2029 from theabove-mentioned contracts may amount to at least PLN 125,67 million.

With regard to the long-term contracts, the Issuer informs that theexpected annual revenues, starting from year 2029, may amount to atleast PLN 4,16 million (total revenues over the period of 17 years mayamount to at least PLN 70,83 million) for new units, whereas the priceof the capacity obligation for long-term capacity contracts will besubject to an annual indexation of the average annual consumer priceindex.

PSE S.A. will make public the preliminary results of the above-mentionedcapacity auction within 3 working days from the auction date. The finalresults of the capacity auction shall be announced by the President ofthe Energy Regulatory Office in the Public Information Bulletin on hiswebsite, on the first working day following the 21st day after the endof the capacity auction.