Subject:Appointmentof a JSW S.A. Management Board Member

Body of the Report:

TheManagement Board of Jastrzębska Spółka Węglowa S.A. ("Company", "JSW")hereby reports that on 14 December 2022 the Company's Supervisory Boardadopted a resolution to appoint Mr. Wojciech Kałuża as of 15 December2022 to the position of Vice-President of the Management Board forDevelopment of the 11th term.

Mr. Wojciech Kałużaearned a master's degree from the Faculty of Law and Administration atthe University of Warsaw. He is also a graduate of the Janusz KorczakPedagogical University in Warsaw, where he earned a bachelor's degree inpolitical science, and of Collegium Humanum - Warsaw ManagementUniversity, where he completed Executive Master of BusinessAdministration studies. From 2018 to 2022, he was Deputy Marshal of theSilesian Voivodeship, overseeing the following Departments: RegionalDevelopment and Transformation, Economy and International Cooperation,as well as Tourism and Sports. He has experience in both public andlocal government administration, as well as extensive managerialexperience in commercial enterprises.

Accordingto the submitted statement, Mr. Wojciech Kałuża does not conductactivity competitive to that of the Company, does not participate in anycompeting company as a partner in a civil law company or partnership oras a member of a corporate body of a capital company, and does notparticipate in another competing legal person as a member of itscorporate body,andhe is not entered in the Register of Insolvent Debtors kept pursuant tothe provisions of the National Court Register Act and in the NationalRegister of Indebted Persons kept pursuant to the Act of 6 December 2018on the National Register of Indebted Persons.

Legal basis:§5 Item 5 of the Regulation issued by the Finance Minister on 29 March2018 on the Current and Periodic Information Transmitted by SecuritiesIssuers and the Conditions for Recognizing the Information Required bythe Regulations of a Non-Member State as Equivalent.