Current Report No. 13/2023

Date of preparation: 29 June 2023

Subject: Adopting a resolution on dividend payment from the net profit of LW Bogdanka S.A. for 2022.

Legal Basis: Art. 56.1.2 of the Act on Public Offering - current and periodic information

Content:

The Management Board of Lubelski Węgiel Bogdanka S.A. (the “Company”) hereby announces that the Annual General Shareholders Meeting held on 29 June 2023 adopted a resolution on distribution of net profit for 2022 and payment of dividends.

The Annual General Shareholders Meeting decided to distribute the net profit generated by the Company in 2022 in the amount of PLN 175,757,067.26 (one hundred and seventy-five million seven hundred and fifty-seven thousand sixty-seven and 26/100 Polish zloty) as follows:
•    The amount of PLN 87,755,062.20 (eighty-seven million seven hundred and fifty-five thousand sixty-two and 20/100 Polish zloty) to be allocated for dividends, i.e. PLN 2.58 per share.
•    The remaining amount, i.e. PLN 88,002,005.06 (eighty-eight million two thousand five and 06/100 Polish zloty) to be allocated for the Company's reserve capital.

The dividend covers all Company shares in the number of 34,013,590.

The Annual General Shareholders Meeting scheduled the dividend date fo 6 July 2023 as the dividend record date and 21 July 2023 as the dividend payment date.

Legal basis for submitting the report: Article 19.2 of the Regulation of the Minister of Finance on the Stock Exchange