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Orange Polska S.A.

Regulatory Filings Dec 7, 2021

5743_rns_2021-12-07_6b862fd5-5546-47c9-bb92-e058d141decf.html

Regulatory Filings

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Current report (22/2021),Orange Polska S.A. - Warsaw, Poland7December 2021

(translation of Polish version)title:Orange Polska signed with trade unions the Social Agreement for theyears 2022-2023, under which up to 1400 employees may benefit fromvoluntary departures.Pursuant to Art. 17 clause 1 of theRegulations (eu) no 596/2014 of the European Parliament and of theCouncil of 16 April 2014 on market abuse (market abuse regulation) andrepealing Directive 2003/6/EC of the European Parliament and of theCouncil and Commission Directives 2003/124/EC, 2003/125/EC and2004/72/EC, the Management Board of Orange Polska S.A. ("Orange Polska")announces the conclusion of the Social Agreement.

Orange Polska signed with trade unions the Social Agreement for theyears 2022-2023, under which up to 1400 employees may benefit fromvoluntary departures.

On December 7, 2021, the Management Board of Orange Polska concludednegotiations with the Social Partners on the terms of a new SocialAgreement that will remain in force in 2022-2023. In parallel tonegotiating the Social Agreement, Orange Polska completed negotiationson a Settlement for 2022 under the Act on special rules on terminationof employment for reasons not attributable to employees.

In particular, the Social Agreement for 2022-2023 sets the number ofvoluntary departures in the next two years at 1400 people and determinesa financial package for employees leaving Orange Polska under thevoluntary departure scheme. It also provides for potential basic salaryrises (4% in 2022 and not less than 4% in 2023) and the amount ofadditional compensation for employees who will reach retirement age inthe next four years, while specifying the position and role of internalmobility in supporting an allocation programme. To employees whosecontracts are to be terminated by the employer, the Social Agreementprovides opportunity to take advantage of the participation in thejob-seeking support program on the market (outplacement). In addition,the Social Agreement for 2022-2023 provides for activities for afriendly work environment and continuation of medical coverage.

The negotiated Settlement sets the number of employees to leave in 2022at 760 and determines the terms of voluntary departures as well as theamount of severance pay and additional compensation for employeesdeparting in 2022. The Settlement also specifies the rules and selectioncriteria to be applied to people whose employment will be terminated bythe employer for reasons not attributable to employees. The amount ofcompensation package per departing employee will depend on theircorporate seniority calculated in accordance with the IntragroupCollective Labour Agreement for Orange Polska S.A. employees.

The Management Board of Orange Polska will conduct the relevantanalysis, and the financial impact resulting from the aforementionedagreement will be covered in the accounts for the fourth quarter of 2021.

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