Coal Energy S.A.

Regulatory Filings • Feb 24, 2022

Suspension of production due to military operations

Current report no. 3/2022 Dated February 24, 2022

The Management Board of Coal Energy would like to inform that because of the entry of troops of the Russian Federation into Ukraine today we have stopped mining operations at our mines in order not to put our employees at risk. Currently mines are working on pumping out water and maintaining systems. The Management Board will inform the relevant supervisory authorities and investors about development of this situation.

Signatures of individuals authorized to represent the Company: Elena Belousova

Legal grounds: Art. 56 of the Act of 29 July 2005 on the public offering, conditions governing the introduction of financial instruments to organized trading system and on public companies and the Luxembourg Act of 11 January 2008 on transparency obligations of securities issuers, as amended.