Energa S.A.

Declaration of Voting Results & Voting Rights Announcements • Jul 5, 2018

Current Report No.: 31 /2018

Prepared on: 5 July 2018

Subject: Determination by the Supervisory Board of ENERGA SA of themanner of exercising voting rights at the Extraordinary General Meetingof Shareholders of Elektrownia Ostrołęka Sp. z o.o. regarding consent tothe conclusion of Agreement with the General Contractor

Legal basis: Article 17(1) of the Market Abuse Regulation - confidentialinformation

Content of the report:

Further to Current Report No. 28/2018 of 2 July 2018, the ManagementBoard of ENERGA SA (the "Issuer") announces that on 5 July 2018, it wasnotified of the resolution adopted by the Issuer's Supervisory Board,pursuant to which the Supervisory Board determined the manner ofexercising voting rights at the Extraordinary General Meeting ofShareholders of Elektrownia Ostrołęka Sp. z o.o. ("Company") to be asfollows: ENERGA SA shall vote in favour of adopting a resolutiongranting consent to the conclusion by the Company of a PublicProcurement Agreement with the General Contractor: A Consortium of GEPower Sp. z o.o. - Consortium Leader and ALSTOM Power Systems S.A.S.,selected in a public utilities contract award procedure conducted by theCompany in the form of a competitive dialogue for the "Construction ofOstrołęka Power Plant C with a capacity of approximately 1,000 MW".

Determination by the Issuer's Supervisory Board of the manner ofexercising voting rights at the Company's Extraordinary General Meetingof Shareholders as well as possible adoption of a relevant resolution bythe Company's Extraordinary General Meeting of Shareholders are nottantamount to consenting to the issue of a notice to proceed (NTP) - theNTP requires, among other things, a prior relevant consent of theSupervisory Board of the Issuer and a prior consent in principle tocommence the Construction Stage granted by the General Meeting of theIssuer.

The Issuer will provide further information regarding the process ofobtaining the consent to the conclusion of the Agreement in separatecurrent reports.