Columbus Energy S.A.

Report Publication Announcement • Jun 25, 2021

Unaudited interim consolidated financial report for the 9M FY2020 and 3Q FY2020

Current report no. 8 /2021 Dated June 25, 2021

The Board of Directors of Coal Energy S.A. (the "Company") hereby releases the unaudited interim consolidated financial report of the Coal Energy Group for nine months ended March 31st 2020.

The report is also available on the Company's website in Investor Relations section.

The 9M FY2020 of Coal Energy S.A. commenced on the 1st July 2019 and ended on the 31st March 2020.

Selected financial data / Wybrane dane finansowe:

in US\$ thousand	w tys. USD	3 months ended 31st March 2020 3Q FY2020	9 months ended 31st March 2020 9M FY2020
Revenue	Przychody ze sprzedaży netto	16	3,516
Operating (loss)/profit	Wynik operacyjny	(2,693)	(3,367)
Profit (loss) for the period	Wynik netto	(11,881)	27,180

in US\$ thousand	w tys. US\$	9 months ended 31st March 2020	12 months ended 30 June 2019
Net cash from operating activity	Przepływy pieniężne netto z działalności operacyjnej	88	577
Net cash from investing activity	Przepływy pieniężne netto z działalności inwestycyjnej	(81)	(407)
Net cash from financing activity	Przepływy pieniężne netto z działalności finansowej	-	(171)

Signatures of individuals authorized to represent the Company: Elena Belousova

Legal grounds: Art. 56 of the Polish Act of 29 July 2005 on the public offering, conditions governing the introduction of financial instruments to organized trading system and on public companies, and Art 5. of the Luxembourg Act of 11 January 2008 on transparency obligations of securities issuers, as amended.