Energa S.A.

Pre-Annual General Meeting Information • Dec 19, 2018

Title of the report: Resolutions of the Supervisory Board of Energa S.A.on expressing consent for Elektrownia Ostrołęka Sp. z o.o. to issue anotice to proceed for the general contractor and on determining themanner of exercising voting rights at the Extraordinary General Meetingof Shareholders of Elektrownia Ostrołęka Sp. z o.o.

Date: 19/12/2018

Report number: Current report No. 52/2018

Legal basis: Article 17 section 1 MAR - confidential information

With reference to current report no. 41/2018 of 3 September 2018, theManagement Board of Energa S.A. hereby informs you that on 19th ofDecember 2018, the Supervisory Board of Energa S.A. adopted a resolutionon expressing consent for Elektrownia Ostrołęka Sp. z o.o. (‘Company')to issue a notice to proceed for the general contractor, a Consortium ofGE Power Sp. z o.o. as the leader and ALSTOM Power Systems S.A.S., andresolution determining the manner of exercising voting rights at theExtraordinary General Meeting of Shareholders of Elektrownia OstrołękaSp. z o.o. to be as follows: Energa S.A. will vote in favor of adoptinga resolution on expressing consent for the Company to issue an NTP forthe general contractor. Both resolutions taken under provided thatduring a power capacity auction with the delivery period beginning in2023, the price obtained by ‘Ostrołęka C' Project for the power statedin the conditional certificate, i.e. 852,603 MW, for a period of 15years is not lower than defined in the auction strategy.

Adopting the aforementioned resolution does not automatically mean thatthe notice to proceed will be issued. NTP shall be issued by ElektrowniaOstrołęka sp. z o.o. only following consent of the General Meeting ofShareholders of Elektrownia Ostrołęka sp. z o.o.