PKN Orlen S.A.

Audit Report / Information • Aug 24, 2023

Deloitte Audyt Spółka z ograniczoną odpowiedzialnością Sp. k. al. Jana Pawła II 22 00-133 Warszawa Polska

Tel.: +48 22 511 08 11 Fax: +48 22 511 08 13 www.deloitte.com/pl

INDEPENDENT AUDITOR'S REPORT ON REVIEW OF HALF-YEAR CONDENSED SEPARATE FINANCIAL STATEMENTS

To the Shareholders and Supervisory Board of ORLEN S.A.

Introduction

We have reviewed the accompanying half-year condensed separate financial statements of ORLEN S.A. with its registered office in Płock, ul. Chemików 7 (hereinafter: the "Company"), comprising: the separate statement of financial position prepared as at 30 June 2023, the separate statement of profit or loss and other comprehensive income, separate statement of changes in equity, separate statement of cash flows for the period from 1 January 2023 to 30 June 2023 and selected explanatory notes ("half-year condensed separate financial statements").

The Management Board of the Company is responsible for the preparation and presentation of these half-year condensed separate financial statements in accordance with International Accounting Standard 34 "Interim Financial Reporting" announced in the form of Commission Regulations.

Our responsibility is to express a conclusion on these half-year condensed separate financial statements based on our review.

Scope of Review

We conducted our review in accordance with the National Standard on Review Engagements 2410 in the wording of the International Standard on Review Engagements 2410 "Review of Interim Financial Information Performed by the Independent Auditor of the Entity" adopted by the National Council of Statutory Auditors.

A review of half-year condensed separate financial statements consists of making inquiries, primarily of persons responsible for financial and accounting matters, and applying analytical and other review procedures. A review is substantially less in scope than an audit conducted in accordance with National Standards on Auditing in line with the wording of International Standards on Auditing adopted by the National Council of Statutory Auditors and consequently does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion on these half-year condensed separate financial statements.

Conclusion

Based on our review, nothing has come to our attention that causes us to believe that the accompanying half-year condensed separate financial statements are not prepared, in all material respects, in accordance with International Accounting Standard 34 "Interim Financial Reporting" announced in the form of Commission Regulations.

Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited, a UK private company limited by guarantee, and its network of member firms, each of which is a legally separate and independent entity. Please see www.deloitte.com/pl/about for a detailed description of the legal structure of Deloitte Touche Tohmatsu Limited and its member firms.

Member of Deloitte Touche Tohmatsu Limited

District Court for the city of Warsaw, XII Business Division of the National Court Register, KRS No. 0000446833, NIP: 527-020-07-86, REGON: 010076870

Explanatory paragraph

We draw attention to Note 3.1 in the half-year condensed separate financial statements, which provides a description of the Company's Management Board's assessment of the actual and potential impact of the consequences of the military conflict between Ukraine and Russia on the Company's operations. Our report is not qualified in respect of this matter.

Auditor conducting the review on behalf of Deloitte Audyt spółka z ograniczoną odpowiedzialnością sp. k. – entity entered under number 73 on the list of auditors kept by the National Council of Statutory Auditors:

Artur Maziarka Certified auditor No. 90108

Warsaw, August 23, 2023

This document is a foreign language version of the original Independent Auditor's Report issued in Polish version and only the original version is binding. This document has been prepared for information purposes and could be used only for company's internal purposes. In case of any discrepancies between the Polish and English version, the Polish version shall prevail.