Columbus Energy S.A.

Report Publication Announcement • Aug 16, 2019

July FY2020 production update

Current report no. 14/2019 Dated August 15, 2019

The Board of Directors of Coal Energy S.A. (the "Company") hereby provides update on coal production in July FY2020. The financial year 2020 of the Company commenced on the 1st July 2019 and will end on the 30th June 2020.

in tonnes	July FY2020	July FY2019	change % y-o-y	change in tonnes y-o-y	June FY2019	change % m-o-m	change in tonnes m-o-m
Total coal production	9 640	10 536	-8.5%	-896	8 477	13.7%	1 163

Production of coal from mining composed 9 640 tonnes of coking coal.

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 the Luxembourg Act of 11 January 2008 on transparency obligations of securities issuers, as amended.