Signing of annexes to the loan agreements with Bank GospodarstwaKrajowego within National Recovery and Resilience Plan

With reference to the current report no. 13/2025 of March 31, 2025 theManagement Board of PGE Polska Grupa Energetyczna S.A. ("PGE", the"Company") discloses that on October 2, 2025 the Company and BankGospodarstwa Krajowego have signed annexes to two loan agreements (the"Loan Agreements") for funds from National Recovery and Resilience Plan(the "NRRP") which increase value of the Loan Agreements by total amountof approx. PLN 1.12 bn (increased total loans amount: approx. PLN 13.2bn), including respectively:

- approx. PLN 884 million for financing of projects pursued by PGEDystrybucja S.A. (increased loan amount: approx. PLN 10 405 million), and

- approx. PLN 238 million for financing of projects pursued by PGEEnergetyka Kolejowa S.A. (increased loan amount: approx. PLN 2 804million).

Other conditions of the Loan Agreements remain unchanged, includingfixed interest rate of 0.5% per annum and the repayment in semi-annualinstalments in the period 2034-2049 (the final maturity date is December20, 2049).

The Company reminds that the funds from the Loan Agreements are usedsolely for financing of eligible expenditures within the meaning of theLoan Agreements in their availability period incurred by subsidiaries ofPGE related to implementation of the following projects:

- PGE Dystrybucja S.A.: improving the capacity to integrate renewableenergy sources and improving the security of electricity suppliesthrough construction and modernisation of the electricity grid,

- PGE Energetyka Kolejowa S.A.: strengthening of security, improving theenergy quality and improving the capacity to connect larger number ofRES to the distribution grid feeding the Polish railways and theaccompanying ecosystem.

The use of funds from Loan Agreements will support the pursue ofstrategic aspirations in energy distribution area determined in PGEGroup 2035 Strategy which assumes cumulative capital expendituresamounting to PLN 75 billion for projects of PGE Dystrybucja S.A. and PGEEnergetyka Kolejowa S.A.

Releasing of funds under the increased amount of the Loan Agreementsrequires an increase of the amount of the intra-group loan agreementsconcluded by PGE with its subsidiaries i.e. PGE Dystrybucja S.A. and PGEEnergetyka Kolejowa S.A. respectively.