Ciech S.A.

Legal Proceedings Report • Dec 9, 2022

The Management Board ofCIECH S.A. (the "Company" or "Issuer")informs that _#160;the Supreme Administrative Court in Warsaw (the "NSA")announced its judgement today in which it repealed the judgement of theProvincial Administrative Court in Krakow (the "WSA") datedOctober 9, 2019, dismissing the complaint against the decision (the "Decision")of the Head of the Małopolski Province Customs and Tax Office in Krakow(the "Second Instance Authority") of April 3, 2019specifying the amount of the Company's corporate income tax liabilityfor the year 2012. The NSA also repealed the decision of the SecondInstance Authority, which means that the case will be remitted to theSecond Instance Authority for re-examination.

The Company informedabout the case in its Current Reports: No. 36/2018 of December 27, 2018(decision of the 1stinstance authority), No. 2/2019 ofJanuary 24, 2019 (creation of provisions for tax liability andinterest), No. 12/2019 of April 17, 2019 (decision of the 2ndInstance Authority), and No. 41/2019 of October 9, 2019 (judgement ofthe WSA in Krakow).

The tax liabilityspecified in the Decision in the amount of PLN 43,7 million, togetherwith interest for late payment in the amount indicated by the Tax Officecompetent for the registered office of the Company (the "Office"),i.e. PLN22,7million, was paid to the Office after receiving the Decision in 2019.

The judgmentisfinal andis not subject to appeal; theCompanyexpectsthedecision of the Second Instance Authority andthereimbursement of the paid tax liability,paid interest and interest for the period when the paid funds remainedat the disposal of the Officeandreimbursement of court costs. The Company anticipates that the aboveamounts will be returned to the Company in 2023.