Subject:Informationon the outcome of the election for employee representative to the JSWS.A. Supervisory Board.

Body of the Report:

The Management Board ofJastrzębska Spółka Węglowa S.A. [_quot;JSW_quot;, _quot;Company_quot;] hereby reports thatas a result of the elections held among the employees of the JSW Groupon 1 February 2024, Mr. Paweł Bieszczad was elected as a candidate ofthe workforce to serve as a member of the JSW Supervisory Board of the11th term of office.

The Company will announce theappointment of Mr. Paweł Bieszczad by the Company's Shareholder Meetingas a member of the Supervisory Board in a separate current report.

At the same time, the Companyherebyprovides information about the education, qualifications and previouspositions, together with a description of the career of the candidate tobe member of the Supervisory Board elected by the employees.

Mr. Paweł Bieszczad is a graduate of the AGHUniversity of Science and Technology in Kraków. In 2004, he obtainedthe_#160;degree of mining engineer majoring in Automation and Robotics. Healso completed post-graduate studies "Master of Business Administration"organized by the WSB Academy from Dąbrowa Górnicza, Branch Faculty inCieszyn.

Mr. Paweł Bieszczad has been professionallyassociated with JSW since the beginning of his career. Since 2005, hehas gained experience in KWK Pniówek, initially working as an intern,then supervisor and shift foreman in the ICT Unit and also dispatcher inthe Power Engineering Department. Currently employed in the position ofsenior foreman for ICT and automation equipment. Mr. Paweł Bieszczadcompleted numerous specialist courses and continuing education and,among others, passed an exam for candidates for supervisory boardmembers in State Treasury companies.

Mr. Paweł Bieszczad served as a workforcerepresentative on the JSW Supervisory Board of the 10th term of officefrom 2018 to 2020.Mr. PawełBieszczaddoesnot conduct activity competitive to that of the Company, nor is heinvolved in any competing company as a partner in a civil law company orpartnership or as a member of a corporate body of a capital company, orparticipate in another competing legal person as a member of itscorporate body. In addition, he is not entered in the Register ofInsolvent Debtors kept pursuant to the provisions of the National CourtRegister Act and in the National Register of Indebted Persons keptpursuant to the Act of 6 December 2018 on the National Register ofIndebted Persons.

Legal basis:§ 5Item 5 of the Regulation issued by the Finance Minister on 29 March 2018on 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.