PGE Polska Grupa Energetyczna S.A.

AGM Information • Jun 27, 2018

RESOLUTION NO. 1 of the Ordinary General Meeting of the company "PGE Polska Grupa Energetyczna Spółka Akcyjna" of 26 June 2018

concerning the election of Chairperson of the Ordinary General Meeting

Acting pursuant to Article 409 § 1 of the Commercial Companies Code and § 32 of the Statutes of the company PGE Polska Grupa Energetyczna Spółka Akcyjna, the Ordinary General Meeting of the company "PGE Polska Grupa Energetyczna Spółka Akcyjna" with its registered office in Warsaw (the "Company"), adopts as follows:

§ 1

The Ordinary General Meeting of the Company elects Ms Anna Kowalik as Chairperson of the Ordinary General Meeting of the Company.

§ 2 The resolution becomes effective as at the time of its adoption.

The total number of valid votes cast: 1 399 832 337

The number of votes cast for the resolution: 1 399 832 227

The number of votes cast against the resolution: 10

The number of abstaining votes: 100

The resolution has been adopted in a secret ballot.

RESOLUTION NO. 2 of the Ordinary General Meeting of the company "PGE Polska Grupa Energetyczna Spółka Akcyjna" of 26 June 2018 concerning the adoption of the agenda of the Ordinary General Meeting

The Ordinary General Meeting of the company "PGE Polska Grupa Energetyczna Spółka Akcyjna" with the registered office in Warsaw (the "Company"), adopts as follows:

§ 1

The Ordinary General Meeting adopts the following agenda of the Ordinary General Meeting:

• 1. The opening of the General Meeting.
• 1. The election of Chairperson of the General Meeting.
• 1. The ascertainment of the correctness of convening the General Meeting and its capability of adopting binding resolutions.
• 1. The adoption of the agenda of the General Meeting.
• 1. The adoption of a decision not to elect the Returning Committee.
• 1. The adoption of the resolution concerning amendments to "The Statutes of the Company PGE Polska Grupa Energetyczna S.A.".
• 1. The adoption of the resolution concerning the authorization for the Supervisory Board to determine the consolidated text of the Statutes of the Company PGE Polska Grupa Energetyczna S.A.
• 1. The consideration of the EU-IFRS-compliant standalone financial statements of the company PGE Polska Grupa Energetyczna S.A. for the year 2017 (in million zlotys) and the adoption of the resolution concerning their approval.
• 1. The consideration of the EU-IFRS-compliant consolidated financial statements of the Capital Group of PGE Polska Grupa Energetyczna S.A. for the year 2017 (in million zlotys) and the adoption of the resolution concerning their approval.
• 1. The consideration of the Management Board's report on the activities of the company PGE Polska Grupa Energetyczna S.A. and the PGE Capital Group for the year 2017 and the adoption of the resolution concerning its approval.
• 1. The adoption of the resolution concerning the distribution of net profit of the company PGE Polska Grupa Energetyczna S.A. for the financial year 2017.
• 1. The adoption of the resolution concerning the acknowledgement of the fulfilment of duties by the members of the Management Board and the Supervisory Board.
• 1. The adoption of the resolutions concerning the election of members of the Supervisory Board of the 11th term of office of the company PGE Polska Grupa Energetyczna S.A.
• 1. The closing of the General Meeting.

§ 2

The resolution becomes effective as at the time of its adoption.

The total number of valid votes cast: 1 399 833 495

The number of votes cast for the resolution: 1 281 291 425

The number of votes cast against the resolution: 0

The number of abstaining votes: 118 542 070

The resolution has been adopted in an open ballot.

RESOLUTION NO. 3 of the Ordinary General Meeting of the company "PGE Polska Grupa Energetyczna Spółka Akcyjna" of 26 June 2018

concerning the adoption of a decision not to elect the Returning Committee

Acting pursuant to § 16 clause 6 of the Regulations of the General Meeting of the company PGE Polska Grupa Energetyczna S.A., the Ordinary General Meeting of the company "PGE Polska Grupa Energetyczna Spółka Akcyjna" with the registered office in Warsaw (the "Company"), adopts as follows:

§ 1

The Ordinary General Meeting decides not to elect the Returning Committee.

§ 2 The resolution becomes effective as at the time of its adoption.

The total number of valid votes cast: 1 399 833 495

The number of votes cast for the resolution: 1 399 833 394

The number of votes cast against the resolution: 0

The number of abstaining votes: 101

The resolution has been adopted in an open ballot.

RESOLUTION NO. 4 of the Ordinary General Meeting of the company "PGE Polska Grupa Energetyczna Spółka Akcyjna" of 26 June 2018

concerning amendments of the Company Statutes

Acting pursuant to Article 430 § 1 of the Commercial Companies Code and § 37 clause 1 item 8 of the Statutes of PGE Polska Grupa Energetyczna Spółka Akcyjna, the Ordinary General Meeting of the company "PGE Polska Grupa Energetyczna Spółka Akcyjna" with its registered office in Warsaw ("Company") adopts as follows:

§ 1

The Ordinary General Meeting introduces the following amendments into the content of the Company Statutes:

In § 16, clause 4:

• 1) item 5 is deleted,
• 2) the previous item 6 is numbered as item 5.

§ 2

The resolution becomes effective as at the time of its adoption, with full legal effect as of the day of entering the aforementioned amendments in the register of entrepreneurs of the National Court Register.

The total number of valid votes cast: 1 399 833 495

The number of votes cast for the resolution: 1 194 821 903

The number of votes cast against the resolution: 162 861 304

The number of abstaining votes: 42 150 288

The resolution has been adopted in an open ballot.

RESOLUTION NO. 5

of the Ordinary General Meeting of the company "PGE Polska Grupa Energetyczna S.A."

of 26 June 2018

concerning authorization for the Supervisory Board to determine the consolidated text of "The Statutes of PGE Polska Grupa Energetyczna Spółka Akcyjna"

Acting pursuant to Article 430 § 5 of the Commercial Companies Code, the Ordinary General Meeting of the company "PGE Polska Grupa Energetyczna Spółka Akcyjna" with its registered office in Warsaw ("Company"), adopts as follows:

§ 1

The Ordinary General Meeting authorizes the Supervisory Board to determine the consolidated text of the Company Statutes including the amendments adopted by the Ordinary General Meeting on 26 June 2018.

§ 2 The resolution becomes effective as at the day of its adoption.

The total number of valid votes cast: 1 399 833 495

The number of votes cast for the resolution: 1 195 349 005

The number of votes cast against the resolution: 162 289 705

The number of abstaining votes: 42 194 785

The resolution has been adopted in an open ballot.

RESOLUTION NO. 6 of the Ordinary General Meeting of the company "PGE Polska Grupa Energetyczna S.A." of 26 June 2018

concerning to order a break in proceeding of the Ordinary General Meeting

Acting pursuant to Article 408 § 2 of the Commercial Companies Code and § 18 section 5 of the Regulations of the General Meeting of the PGE Polska Grupa Energetyczna Spółka Akcyjna Ordinary General Meeting of the company "PGE Polska Grupa Energetyczna Spółka Akcyjna" with its registered office in Warsaw ("Company"), adopts as follows:

§ 1

• 1. The Ordinary General Meeting orders a break in its proceedings until 19 July 2018 up to 11.00 a.m.
• 1. The resumption of the Ordinary General Meeting will take place on 19 July 2018 at 11.00 a.m.in Warsaw, in the building of Giełda Papierów Wartościowych w Warszawie S.A., at 4 Książęca Street, 00-498 Warsaw.

§ 2

The resolution becomes effective as at the day of its adoption.

The total number of valid votes cast: 1 399 833 495

The number of votes cast for the resolution: 1 186 821 706

The number of votes cast against the resolution: 1 178

The number of abstaining votes: 213 010 611

The resolution has been adopted in an open ballot.