Issuance of series C bonds under the medium term bonds programmeRegulatoryannouncement no 8/2025 dated 29 January 2025ORLEN S.A. (_quot;ORLEN_quot;)hereby announces that on 28 January 2025 the Company concluded issuedocumentation on the series C medium term bonds with the total nominalvalue of USD 1,250,000,000 ("Bonds"), which will be issued under themedium term bonds programme established on 13 May 2021, updated on 20January 2025 (global medium term bonds programme, GMTN).TheBonds will be issued under the following terms and conditions:- Thetotal nominal value of Bonds: USD 1,250,000,000;- The number ofBonds: 6,250 series C Bonds in registered form;- Nominal value ofone Bond: USD 200,000;- Issue price of one Bond: 98.555%,-Maturity date: 30 January 2035;- Interest rate of the Bonds - theBonds will bear fixed rate interest of 6% per annum;- The Bonds willnot be secured;- The planned settlement date for the bonds issue is30 January 2025. The Bonds will be paid by wire transfer to theCompany's account;- The Company will apply for the admission of theBonds to trading on the regulated market of Euronext Dublin.Theproceeds from the issue of the Bonds will be applied for the generalcorporate purposes, including financing the investment projects arisingfrom ORLEN Strategy 2035.The subscription for Bonds has beenconducted on 23 January 2025 and it has been finished on the same day.The offer was not divided into tranches. The allocation of the Bonds hasbeen made on 23 January 2025 and the settlement of the issue will beconducted on 30 January 2025.During the subscription period, ca. 206investors indicated their interest for the Bonds. The final orderbookamounted to more than USD 4,000,000,000, implying 3,3 oversubscriptionfor Bonds. ORLEN allocated the Bonds to 148 investors from 28 countries.CitigroupGlobal Markets Europe AG, J.P. Morgan SE, BANCO SANTANDER, S.A., GoldmanSachs Bank Europe SE and SMBC Bank EU AG participated in the preparationof the transaction.The value of the issue, defined as the numberof Bonds which were offered multiplied by the issue price, amounted toUSD 1,231,937,500.Due to the lack of final settlement of theissue costs until the day of this report, ORLEN will prepare and publisha regulatory announcement indicating the issue costs, including thecosts by type, after receiving and accepting all invoices from theentities involved in preparing and conducting the offer, no later,however, than within the time required to publish a regulatoryannouncement with this information.ORLEN's costs related to theBonds offer will be charged to ORLEN's operating costs.