KGHM Polska Miedź S.A.

Declaration of Voting Results & Voting Rights Announcements • Jan 7, 2023

Notification on a crossing of the 5% threshold in the total number ofvotes

The Management Board of KGHM Polska Miedź S.A. (_quot;Company_quot;) announcesthat the Company received a notification from Powszechne TowarzystwoEmerytalne Allianz Polska S.A. dated 5 January 2023, sent in compliancewith art. 69 in connection with art. 87 sec. 1 point 2b of the Act onpublic offerings and conditions governing the introduction of financialinstruments to organised trading, and on public companies.

According to the notification received, Powszechne TowarzystwoEmerytalne Allianz Polska S.A. which manages Allianz Polska OtwartyFundusz Emerytalny ("Allianz OFE"), which in turn manages Allianz PolskaDobrowolny Fundusz Emerytalny ("Allianz DFE") as a result of a mergerperformed on 30 December 2022, pursuant to article 67 of the Act on theorganisation and operation of pension funds and article 492 § 1 point 1of the Commercial Partnerships and Companies Code, with the companyAviva Powszechne Towarzystwo Emerytalne Aviva Santander Spółka Akcyjnawhich manages Drugi Allianz Polska Otwarty Fundusz Emerytalny ("DrugiAllianz OFE"), the interest held in the share capital and the totalnumber of votes in the Company on the accounts of Allianz OFE, AllianzDFE and Drugi Allianz OFE crossed the threshold of 5%.

Prior to the merger, in total on the accounts of Allianz OFE and AllianzDFE there were 1 741 592 shares, representing 0.87% of the Company'sshare capital and granting the right to 1 741 592 of the votes amountingto 0.87% of the total number of votes at the Company's General Meeting.

On the account of Drugi Allianz OFE there were 10 499 861 shares,representing 5.25% of the Company's share capital and granting the rightto 10 499 861 of the votes amounting to 5.25% of the total number ofvotes at the Company's General Meeting.

Following the merger, in total on the accounts of Allianz OFE, AllianzDFE and Drugi Allianz OFE there was an increase to 12 241 453 shares,representing 6.12% of the Company's share capital and granting the rightto 12 241 453 of the votes amounting to 6.12% of the total number ofvotes at the Company's General Meeting.

Moreover, Powszechne Towarzystwo Emerytalne Allianz Polska S.A., whichmanages Allianz OFE, Allianz DFE and Drugi Allianz OFE announced that:

? it does not have subsidiaries holding shares in the Company,

? the situation described in article 69 section 4 point 6 of the Act onpublic offerings does not exist,

? it does not have financial instruments described in article 69bsection 1 points 1) and 2) of the Act on public offerings.

Legal basis: art. 70 point 1 of the Act dated 29 July 2005 on publicofferings and conditions governing the introduction of financialinstruments to organised trading, and on public companies (unified text:Journal of Laws 2022, item 2554)