Columbus Energy S.A.

Interim / Quarterly Report • Jul 5, 2023

Correction of an error in the unaudited interim consolidated financial report for 1H FY2022

Current report no. 2/2023 Dated July 5, 2023

The Board of Directors of Coal Energy S.A. (the "Company") hereby provides the correction of the omission error discovered in the unaudited interim consolidated financial report for the 1H FY2022, published on 28th February 2022.

In the note 24 Share Capital the percentage of shares transferred as a bonus to the management members of Ukrainian subsidiaries is stated incorrectly.

Note 24 SHARE CAPITAL (before correction):

	31 December 2021		30 June 2021
	%	Amount	%	Amount
Lycaste Holding Limited*	55	249	75	338
Free float	25	112	25	112
Management of subsidiaries	20	89	-	-
	100	450	100	450

* - As of 15th December 2021, Lycaste Holdings Limited transferred 19.8% of total shares as bonus remuneration to the five Management members of Ukrainian subsidiaries.

The share of 19.8% (in the table rounded to 20%), indicated in the report is calculated out of the percentage amount owned by Lycaste Holding Limited (75%), not the amount of total shares (100%).

As was indicated in the current repot no.20/2021 dated 23rd December 2021 in total 6 684 151 shares were transferred to employees, that constitutes 14.85% of Coal Energy S.A shares (Prior the transfer Lycaste Holding Limited owned 75% shares of Coal Energy S.A., after the transfer owns 60.15% of total shares of Coal Energy S.A.)

Note 24 SHARE CAPITAL (after correction):

	31 December 2021		30 June 2021
	%	Amount	%	Amount
Lycaste Holding Limited*	60.15	271	75.00	338
Free float	25.00	112	25.00	112
Management of subsidiaries	14.85	67	-	-
	100.00	450	100.00	450

* - As of 15th December 2021, Lycaste Holdings Limited transferred 14.85% of total shares as bonus remuneration to the five Management members of Ukrainian subsidiaries.

Signatures of individuals authorized to represent the Company: Elena Belousova

Legal grounds: Art. 56 of the 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.