Current Report No. 23/2024

Date of preparation: 28 June 2024

Subject: Adopting a resolution on dividend payment from the net profit of LW Bogdanka S.A. for 2023.

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 28 June 2024 adopted a resolution on distribution of net profit for 2023 and payment of dividends.

The Annual General Shareholders Meeting decided to distribute the net profit generated by the Company in 2023 in the amount of PLN 686,991,017.80 (six hundred eighty six million nine hundred ninety one thousand seventeen and 80/100 Polish zloty) as follows:

•    The amount of PLN 85,033.975.00 (eighty five million thirty three thousand nine hundred seventy five Polish zloty) to be allocated for dividends, i.e. PLN 2.50 per share.

•    The remaining amount, i.e. PLN 601,957,042.80 (six hundred one million nine hundred fifty seven thousand forty two and 80/100 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 for 4 July 2024 as the dividend record date and 19 July 2024 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