Current Report No. 13/2026

Date of preparation: 17 June 2026

Subject: Conclusion of annexes to long-term agreements for the supply of coal with ENEA Wytwarzanie sp. z o.o. and ENEA Elektrownia Połaniec S.A.

General legal basis: Article 17(1) MAR - confidential information

Content: 
The Management Board of Lubelski Węgiel Bogdanka S.A. with its registered office in Bogdanka (hereinafter referred to as the "Company" or the "Party") informs that on 17 June 2026 it concluded annexes to the following Long-Term Agreements:
a)    Agreement No UW/LW/01/2012 for the supply of thermal coal of 23 January 2012 concluded between the Company and Enea Wytwarzanie sp. z o.o. ("EW") for the period until 31 December 2036 (the "EW Agreement"); and
b)    Agreement No. 3/W/2012 of 12 July 2012 concluded between the Company and Enea Elektrownia Połaniec S.A. ("EEP") for a period until 31 December 2033 (the "EEP Agreement", and jointly with the EW Agreement, the "Agreements"), (collectively, the "Annexes").

The terms and conditions of the EW Agreement were covered in current reports published between 2012 and 2025, of which the last information on the amendments to it was disclosed to the public in reports No. 11/2022, 27/2022, 28/2023, 3/2025, 13/2025 and 27/2025, published on 15 June 2022, 30 December 2022, 29 December 2023, 22 January 2025, 16 May 2025 and 19 December 2025, respectively.

The terms and conditions of the EEP Agreement were covered in current reports published between 2012 and 2025, of which the last information on the amendments to it was disclosed to the public in reports No. 6/2022, 26/2022, 27/2023,  3/2025, 13/2025  and 27/2025 published on 26 May 2022, 30 December 2022, 29 December 2023, 22 January 2025, 16 May 2025r. and 19 December 2025, respectively.

The Company indicates below the key changes to the commercial terms of the Agreements resulting from the Annexes:
1)    Increase of the delivery volume for EW in 2026 by approximately 6% compared with the volume reported in the most recent report no. 27/2025.
2)    Establishment of modified delivery schedules for EW and EEP, including the volumes to be delivered by the Company by rail transport under its licence for the carriage of goods on DAP terms (according to Incoterms 2010).

In connection with the above:
a) in the case of the EW Agreement:
- the value of the entire Long-Term Agreement in force for the years 2017-2036, excluding potential increases and volume options, is estimated at PLN 25,640 million net, i.e. 0.4% higher than the value stated in report no. 27/2025 dated 19 December 2025,
- the value of the Long-Term Agreement excluding additional options for the years 2026-2036, following the execution of the Annex, is estimated at PLN 12,585 million net, i.e. 0.9% higher than the value stated in report no. 27/2025 dated 19 December 2025.
b) in the case of the EEP Agreement, the value of the entire Long-Term Agreement in force for  the years 2013-2033 remains unchanged in connection with the execution of the Annex.

The remaining terms of the Agreements remain unaffected and shall not deviate from the market standards used in agreements of this type.

The Management Board recognises the above information as material due to the dominant share of EW and EEP in the Company's supply portfolio.