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JSW S.A. Remuneration Information 2022

Jul 5, 2022

5664_rns_2022-07-05_0b62c1cc-2546-47bb-a021-fd42774f7fa7.html

Remuneration Information

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Subject:Executionof a memorandum of agreement with the trade unions regarding thedisbursement of a one-off bonus for JSW S.A. employees

Bodyof the report:

TheManagement Board of Jastrzębska Spółka Węglowa S.A. ("JSW", "Company")hereby reports that in performance of the provisions of clause 3 of theMemorandum of Agreement of 28 January 2022 entered into by and betweenthe JSW Management Board and the Representative Trade UnionOrganizations operating in the Company, on 5 July 2022 an agreement wassigned regarding the disbursement of a one-off bonus ("Memorandum ofAgreement").

Inaccordance with the Memorandum of Agreement, the one-off bonus will bepaid out inJuly of thisyearto all JSW employees who remained in employment as at 30 June 2022 andwere eligible to receive it.

Thecost of the one-off bonus, including the employer's costs, will notexceed PLN 480.0million_#160;and will be posted in theCompany's accounts in Q3 2022.