Energa S.A.

Legal Proceedings Report • Jul 23, 2019

Current Report: No 23/2019

Date of preparation: 22nd of July2019

Subjet:  The decision to settle all disputesregarding the invalidity of the agreement for the sale of propertyrights under certificates of origin between Energa-Obrót S.A. and yetone of the sued wind farms amicably

Legal basis: Article 17(1) of the Market AbuseRegulation - confidential information

In reference to current report No 37/2017 of11 September 2017, the Management Board of ENERGA SA informs that on22nd of July 2019 it received information that its subsidiary EnergaObrót SA and one of the 22 wind farms sued by Energa - Obrót S.A.  hassettled all disputes regarding the agreement for the sale of propertyrights under certificates of origin amicably.

Cooperation on the basis of an agreementquestioned by Energa-Obrót S.A., parties of the settlement, recognizedas definitively completed.

The conditions under which the settlement wasconcluded, are satisfactory for Energa - Obrót S.A.  and do notsignificantly affect its financial result.

This is the fifth settlement between EnergaObrót SA and the sued wind farms. The total capacity of the facilitiesaffected by the settlements constitutes about 43% of the total installedcapacity of all defendants of wind farms.