Current Report No. 18/2025

Date of preparation: 16 July 2025

Subject: Information on preliminary financial results for H1 2025

Legal basis: Article 17(1) of MAR – confidential information

Content:
The Management Board of Lubelski Węgiel Bogdanka S.A. (“Company”) hereby reports that on 16 July 2025 it became aware of the preliminary financial results of the LW Bogdanka Group for H1 2025 and decided to make them public.

Consolidated financial results of the LW Bogdanka Group for H1 2025:
Net sales revenue: PLN 1,522.6 million
EBITDA: PLN 408.6 million
EBIT: PLN  310.8 million
Net profit: PLN 264.7 million

Commercial coal output in the period under review was 3.87 million tons, while sales were 4.00 million tons.

A significant impact on the Group's preliminary financial results in H1 2025 was the settlement of damage in the amount of PLN 144.85 million (this event was described in the current report no. 4/2025 of 24 January 2025). It concerned damage to underground assets that occurred in February 2023 in wall 3/VII/385.

The results of the current financial year will also be affected by lower depreciation in connection with the write-downs made to the balance sheet value of assets, about which the Company reported in current report no. 28/2024 of 27 August 2024 and current report no. 6/2025 of  14 February 2025.

The final results will be presented in detail in LW Bogdanka Group's interim condensed consolidated financial statements for H1 2025, scheduled for publication on 8 September 2025.