PGE Polska Grupa Energetyczna S.A.

Share Issue/Capital Change • Sep 6, 2016

Information concerning amendments to the Company Statutes

The following are the existing text and amendments to the Company Statutes of PGE Polska Grupa Energetyczna S.A., approved by Resolution no. 5 of the Extraordinary General Meeting on September 5, 2016.

I. Approved a new content of § 7 of the Company Statutes,

the existing text, i.e.

"§ 7

The Company's share capital shall equal PLN 18,697,608,290 (say: eighteen billion six hundred and ninety-seven million six hundred and eight thousand two hundred and ninety zloty) and shall be divided into 1,869,760,829 (say: one billion eight hundred and sixty-nine million seven hundred and sixty thousand eight hundred and twenty-nine) shares with a par value of PLN 10 (ten zloty) each, including:

• 1) 1,470,576,500 series "A" bearer shares,
• 2) 259,513,500 series "B" bearer shares,
• 3) 73,228,888 series "C" bearer shares,
• 4) 66,441,941 series "D" bearer shares."

is replaced as follows:

"§ 7

"The Company's share capital shall equal PLN 19,165,048,497.25 (say: nineteen billion one hundred and sixty five million forty eight thousand four hundred and ninety seven zloty 25/100) and shall be divided into 1,869,760,829 (say: one billion eight hundred and sixty-nine million seven hundred and sixty thousand eight hundred and twenty-nine) shares with a par value of PLN 10.25 (ten zloty 25/100) each, including:

• 1) 1,470,576,500 series "A" bearer shares,
• 2) 259,513,500 series "B" bearer shares,
• 3) 73,228,888 series "C" bearer shares,
• 4) 66,441,941 series "D" bearer shares."