Current Report No. 21/2025

Date of preparation: 13 October 2025

Subject: Information on preliminary financial results for the three quarters of 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 13 October 2025 it became aware of the preliminary financial results of the LW Bogdanka Group for the three quarters of 2025 (Q1-Q3 2025) and decided to disclose them to the public:

Consolidated financial results of the LW Bogdanka Group for Q1-Q3 2025:
Net sales revenue: PLN 2,009.2 million
EBITDA: PLN 302.4 million 
EBIT: PLN  141.4 million
Net profit: PLN 129.9 million

Commercial coal output in the period under review was 5.20 million tons, while sales were 5.33 million tons. 

A significant impact on the Group's preliminary financial results in Q1-Q3 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 the Consolidated Quarterly Report of LW Bogdanka Capital Group for Q3 2025, scheduled for publication on 18 November 2025.