Subject:Contributionto the JSW Stabilization Closed-End Investment Fund as part of theissuance of series E Investment Certificates

Body of the report:

The Management Board ofJastrzębska Spółka Węglowa S.A. ("JSW", "Company") hereby reports thattoday it adopted a resolution consenting to make a contribution to theJSW Stabilization Closed-end Investment Fund as part of the issuance ofseries E Investment Certificates and purchase Investment Certificatesfor an amount not to exceed PLN 1.0 billion (say: PLN one billion) to bedesignated to the liquidity sub-portfolio.

At the same time, theCompany reports that, pursuant to Resolution 5 of the JSW ShareholderMeeting of 3 June 2022, the action described above requires the consentof the Company's Supervisory Board and the Fund's Investor Meeting.