KGHM Polska Miedź S.A.

Declaration of Voting Results & Voting Rights Announcements • Oct 17, 2018

Notification on a crossing of the 5% threshold in the total number ofvotes

The Management Board of KGHM Polska Miedź S.A. ("Company") announcesthat the Company has received a notification, sent under art. 69 sec. 1point 1 and art. 69a sec. 1 point 1 of the act dated 29 July 2005 onpublic offerings and conditions governing the introduction of financialinstruments to organised trading, and on public companies, by PowszechneTowarzystwo Emerytalne PZU S.A. (PTE PZU S.A.) acting on behalf of thefund Otwarty Fundusz Emerytalny PZU "Złota Jesień" (OFE PZU), that as aresult of the completion on 12 October 2018 of the liquidation of thefund Pekao Otwarty Fundusz Emerytalny (Pekao OFE), which resulted in thetransfer as of this date of all of the assets of Pekao OFE to OFE PZUand of the assumption by OFE PZU to all of the rights and obligations ofPekao OFE, the share previously held by OFE PZU in the total number ofvotes in the company KGHM Polska Miedź S.A. increased as of this dateand exceeded the threshold of 5% in the total number of votes.

Following is a listing of the number of shares and votes held by OFE PZUin the Company, immediately prior to the completion of the liquidationof Pekao OFE and following its completion:

• Prior to the completion of the liquidation:

- number of shares held - 9 035 399;

- percentage of share capital held - 4.52;

- number of votes held - 9 035 399;

- percentage of the number of votes - 4.52.

• Following its completion:

- number of shares held - 10 099 003;

- percentage of share capital held - 5.05;

- number of votes held - 10 099 003;

- percentage of the number of votes - 5.05.

At the same time OFE PZU announced that:

• it does not own subsidiaries holding the shares of KGHM Polska MiedźS.A.,

• the situation described under art. 69 sec. 4 point 6 of theaforementioned act does not apply, and

• it is also not in the possession of the financial instrumentsmentioned in art. 69b sec. 1 point 1) and 2) of the aforementioned act.

Legal basis: art. 70 point 1 of the Act dated 29 July 2005 on publicofferings and conditions governing the introduction of financialinstruments to organised trading, and on public companies (unified text:Journal of Laws of 7 February 2018, item 512, as amended)