Columbus Energy S.A.

Annual / Quarterly Financial Statement • Jun 13, 2024

Unaudited consolidated annual financial report for FY2023

Current report no. 5/2024 Dated June 13, 2024

The Board of Directors of Coal Energy S.A. (the "Company") hereby releases the unaudited consolidated annual financial report of the Coal Energy's Group.

The unaudited consolidated annual financial report is also available on the Company's website in Investor Relations section.

In 2023FY in the circumstances of on-going war the Company was not able to conduct annual audit.

The FY2023 of Coal Energy S.A. commenced on July 01, 2022 and ended on June 30, 2023.

Selected financial data / Wybrane dane finansowe

in US\$ thousand	w tys. US\$	FY2023 (niezaudytowane)	FY2022 (niezaudytowane)
Revenue	Przychody ze sprzedaży netto	764	2,291
Operating(loss)/ profit	Wynik /strata operacyjny	(1,725)	(62)
Net (loss)/ profit for the period	Wynik /strata netto	(2,913)	(695)
Non-current assets	Aktywa trwałe	7,040	14,176
Inventories	Zapasy	1,495	2,076
Trade and other receivable	Należności handlowe i inne	1,300	1,978
Current assets	Aktywa obrotowe	2,800	4,711
Share capital	Kapitał zakładowy	450	450
Total equity	Kapitał własny	(1,795)	2,465
Current loans and borrowings	Kredyty i pożyczki krótkoterminowe	864	934
Trade and other payable	Zobowiązania handlowe i inne	2,234	5,698
Total liabilities	Zobowiązania ogółem	11,635	16,422
Total assets	Aktywa ogółem	9,840	18,887

Legal grounds: Art. 56 of the Polish Act of July, 29, 2005, on the public offering, conditions governing the introduction of financial instruments to organised trading system and on public companies, and Art 3. of the Luxembourg Act of 11 January 2008 on transparency obligations of securities issuers, as amended.