JSW S.A. — Proxy Solicitation & Information Statement 2026

Mar 4, 2026

Report Content Subject:Announcementon convening an Extraordinary Shareholder Meeting of JSW S.A. to be heldon 31 March 2026, with draft resolutions

Body of the report:

TheManagement Board of Jastrzębska Spółka Węglowa S.A. ["Company", "JSW"],acting pursuant to Article 399 § 1 and Article 402 [1] § 1 and 2 of theCommercial Company Code and § 22 sec. 1 of the Company's Articles ofAssociation, hereby reports that an Extraordinary Shareholder Meeting ofthe Company ["Extraordinary Shareholder Meeting", "ESM"] has beenconvened to be held in the registered office of Jastrzębska SpółkaWęglowa S.A. in Jastrzębie-Zdrój (44-330) at Aleja Jana Pawła II 4,conference room no. 502 on the 5th floor, on 31 March 2026, starting at10:00 a.m.

Attachedis the Management Board's announcement on convening the ExtraordinaryShareholder Meeting made in compliance with Article 402 [2] of theCommercial Company Code and draft resolutions to be voted on during themeeting and other documents.

Furthermore,with reference to the Company's earlier announcements concerning thebusiness restructuring process in relation to activities aimed atraising funds from the sale of asses - shares in JSW S.A. subsidiaries,the JSW Management Board reports that the draft resolutions of the JSWExtraordinary Shareholder Meeting are related to the preparation ofprocesses for the sale of some or all of the shares held by JSW inPrzedsiębiorstwo Budowy Szybów S.A. and some or all of the shares heldby JSW in Jastrzębskie Zakłady Remontowe Sp. z o.o. The Company has notentered into a binding agreement to sell the above shares.

Legal basis:§20 Section 1 Items 1-2 of the Regulation issued by the Finance Ministeron 6 June 2025 on the Current and Periodic Information Transmitted bySecurities Issuers and the Conditions for Recognizing the InformationRequired by the Regulations of a Non-Member State as Equivalent.