Signing of a loan agreement with Bank Gospodarstwa Krajowego withinNational Recovery and Resilience Plan - financing of equity for Baltica2 offshore wind farm project, disclosure of delayed information

The Management Board of PGE Polska Grupa Energetyczna S.A. ("PGE"),acting pursuant to Article 17(1) and Article 17(4) of Regulation (EU)No. 596/2014 of the European Parliament and of the Council of April 16,2014 on market abuse (market abuse regulation) and repealing Directive2003/6/EC of the European Parliament and of the Council and CommissionDirectives 2003/124/EC, 2003/125/EC and 2004/72/EC (the "MAR"), herebydiscloses to the public inside information the disclosure of which wasdelayed on January 29, 2025 pursuant to Article 17(4) of the MAR. Theinside information the disclosure of which was delayed was signing of aloan agreement with Bank Gospodarstwa Krajowego within National Recoveryand Resilience Plan - financing of equity for Baltica 2 offshore windfarm project.

The wording of the delayed inside information

"The Management Board of PGE Polska Grupa Energetyczna S.A. ("PGE", the"Company") discloses that on January 29, 2025 the Company and BankGospodarstwa Krajowego ("BGK") have signed a loan agreement for fundsfrom National Recovery and Resilience Plan (the "NRRP") under InvestmentG3.1.5 "Construction of Offshore Wind Farms (Offshore Wind Fund)" (the"Agreement") on basis of which BGK has granted to the Company a loan upto a limit of PLN 3 900 million (the "Loan").

The Loan, in accordance with the NRRP regulations, will be allocated forfinancing or refinancing of eligible costs of Baltica 2 offshore windfarm project through equity contribution to the project.

The Loan will be released for use from the date of fulfillment of thestandard conditions precedent for bank financing determined in theAgreement. The final maturity date of the Loan has been set for December20, 2036.

The interest rate of the Loan will be calculated on the floatinginterest rate based on the relevant WIBOR 6M rate (reference rate) plusmargin.

The Loan will be granted on market terms and will not constitute apublic aid.

In addition, the Management Board of PGE informs that the Loan is notsecured on any of the assets of PGE or of the PGE capital group."

The disclosure of the above-mentioned inside information was delayeduntil the moment of the adoption by the shareholders of ElektrowniaWiatrowa Baltica - 2 sp. z o.o. of the resolution regarding the FinalInvestment Decision, FID, which was adopted on January 29, 2025 and ofwhich PGE informed in current report No. 5/2025 of January 29, 2025.