Columbus Energy S.A.

Report Publication Announcement • May 23, 2022

Postponement of Financial Report publication

Current report no. 8/2022 Date 23, May 2022

The Board of Directors of Coal Energy S.A. (the "Company") hereby informs that due to ongoing military actions in Ukraine (associated with Russian war against Ukraine) the Company is postponing publication of the nine months financial report for FY2022 (nine months ended 31st March 2022).

The Company will properly inform the capital market participants about any changes and decisions regarding this issue.

Signatures of individuals authorized to represent the Company:

Elena Belousova

Legal grounds: Art.3 to 5 of the Luxembourg Law of 11 January 2008 relating to the transparency requirements in relation to information about issuers whose securities are admitted to trading on a regulated market, and Art. 56 of the Act of 29 July 2005 on the public offering, conditions governing the introduction of financial instruments to organised trading system and on public companies.