Orange Polska S.A.

Annual Report • Feb 17, 2021

Orange Polska ORANGEPL SRR ☐ - adjusted POLISH FINANCIAL SUPERVISION AUTHORITY Consolidated annual report SRR for the year 2020 (year) (according to par. 60 s. 2 of the Decree on current and periodic information) for the issuers in sectors of production, construction, trade or services (type of issuer) for the year 2020, i.e. from 1 January 2020 to 31 December 2020 including, consolidated financial statements prepared under: IAS endorsed in the EU in currency: PLN date of issuance: 17 February 2021 ORANGE POLSKA SA (full name of issuer) ORANGEPL Telecommunication (tel) (abbreviated name of the issuer) (classification according to WSE/sector) 02-326 Warsaw (post code) (location) Al. Jerozolimskie 160 (street) (number) 22 527 23 23 22 527 23 41 (telephone) (fax) investors@orange.com www.orange.pl (e-mail) (www) 526-02-50-995 012100784 (NIP) (REGON) 259400TOMPUOLS65II22 0000010681 (LEI) (KRS) Ernst & Young Audyt Polska Sp. z o.o. Sp. komandytowa (auditor) Polish Financial Supervision Authority 1 ORANGEPL SRR PLN ‘000 EUR ‘000 SELECTED FINANCIAL DATA 2020 2019 2020 2019 I. Revenue 11,508,000 11,406,000 2,572,080 2,651,448 II. Operating income 404,000 415,000 90,295 96,471 III. Profit before income tax 62,000 107,000 13,857 24,873 IV. Net income 46,000 82,000 10,281 19,062 V. Net income attributable to owners of Orange Polska S.A. 46,000 82,000 10,281 19,062 VI. Earnings per share (in PLN/EUR) 0.04 0.06 0.01 0.01 VII. Weighted average number of shares (in millions) 1,312 1,312 1,312 1,312 VIII. Total comprehensive income 33,000 54,000 7,376 12,553 IX. Total comprehensive income attributable to owners of Orange Polska S.A. 33,000 54,000 7,376 12,553 X. Net cash provided by operating activities 3,005,000 2,858,000 671,628 664,373 XI. Net cash used in investing activities (2,064,000) (1,919,000) (461,311) (446,092) XII. Net cash used in financing activities (989,000) (1,146,000) (221,045) (266,400) XIII. Net change in cash and cash equivalents (48,000) (207,000) (10,728) (48,119) Balance as at 31/12/2020 Balance as at 31/12/2019 Balance as at 31/12/2020 Balance as at 31/12/2019 XIV. Total current assets 3,363,000 3,493,000 728,742 820,242 XV. Total non-current assets 20,937,000 21,429,000 4,536,925 5,032,053 XVI. Total assets 24,300,000 24,922,000 5,265,667 5,852,295 XVII. Total current liabilities 7,637,000 4,191,000 1,654,893 984,149 XVIII. Total non-current liabilities 6,064,000 10,174,000 1,314,033 2,389,104 XIX. Total equity 10,599,000 10,557,000 2,296,741 2,479,042 XX. Equity attributable to owners of Orange Polska S.A. 10,597,000 10,555,000 2,296,308 2,478,572 XXI. Share capital 3,937,000 3,937,000 853,125 924,504 The consolidated statement of financial position data as at 31 December 2020 and 2019 presented in the “Selected financial data” was translated into EUR at the average exchange rates of the National Bank of Poland (“NBP”) at the end of the reporting period. The consolidated income statement data, together with the consolidated statement of comprehensive income and consolidated statement of cash flows data for the years ended 31 December 2020 and 2019, were the translated into EUR at an exchange rates which is the arithmetical average of the average NBP rates published by the NBP on the last day of each month of years ended 31 December 2020 and 2019. The exchange rates used in translation of consolidated statement of financial position, consolidated income statement, consolidated statement of comprehensive income and consolidated statement of cash flows data are presented below: 1 EUR 31 December 2020 31 December 2019 Consolidated statement of financial position 4.6148 PLN 4.2585 PLN Consolidated income statement, consolidated statement of comprehensive income, consolidated statement of cash flows 4.4742 PLN 4.3018 PLN Polish Financial Supervision Authority 2