Body of the report:

The Management Board of Jastrzębska Spółka Węglowa S.A. (“Company”, “JSW”) hereby reports that on 3 July 2019 the Ordinary Shareholder Meeting of JSW S.A., as a result of the distribution of JSW’s net profit for the financial year ended 31 December 2018, made a decision to distribute PLN 200,773,829.16 (two hundred million seven hundred seventy-three thousand eight hundred twenty-nine Polish zloty and sixteen grosz) in the form of a dividend, that is PLN 1.71 per share.               

Furthermore, the Ordinary Shareholder Meeting set the following dates:

– 27 August 2019 as the record date,

– 10 September 2019 as the dividend payment date.

All 117,411,596 shares in the Company carry the right to the dividend.

Legal basis: § 19 Section 2 of the Regulation issued by the Finance Minister on 29 March 2018 on the Current and Periodic Information Transmitted by Securities Issuers and the Conditions for Recognizing the Information Required by the Regulations of a Non-Member State as Equivalent