PGE Polska Grupa Energetyczna S.A.

Share Issue/Capital Change • Jan 19, 2022

Information on the proposed amendments to the Company Statutes

I. The proposal provides for the addition of clause § 7 of the Company Statutes with the following wording:

"§ 7

"§ 7 of the Company Statutes is amended in such a way that it will have the following wording:

"The share capital of the Company shall be PLN 19,183,746,098.70 (say: nineteen billion one hundred and eighty-three million seven hundred and forty-six thousand and ninety-eight zloty and seventy groszy) and shall be divided into 2,243,712,994 (say: two billion two hundred and forty-three million seven hundred and twelve thousand nine hundred and ninety-four) shares with a par value of PLN 8.55 (say: eight zloty and fifty-five groszy) 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,
• 5) 373,952,165 series "E" bearer shares.