PGE Polska Grupa Energetyczna S.A.

Registration Form • Sep 10, 2020

Changes to the Statutes of PGE Polska Grupa Energetyczna S.A. made by the Ordinary General Meeting ("OGM") of the company on June 26, 2020

I. § 15 clause 2 was changed as follows:

"2. Members of the Management Board shall be appointed for a joint term of office which lasts 3 years. A member of the Management Board shall meet the conditions specified in Article 22 of the State Property Management Act."

II. § 16 clause 4 item 4) was changed as follows:

"4) An announcement about the recruitment procedure shall be published on the Company's website and in the Public Information Bulletin of the entity entitled to exercise the rights related to shares held by the State Treasury".

III. § 41¹ clause 3 item 1) was changed as follows:

"1) An announcement about a tender procedure or an auction shall be published in the Public Information Bulletin on the website of the entity entitled to exercise the rights related to shares held by the State Treasury, on the Company's website, in a visible and publicly accessible place in the Company's registered office, as well as in other places used customarily for the placement of announcements."

Above mentioned changes were introduced by the resolution no. 24 of the OGM.