Notifications of transactions

Information on closed periods related to publication of periodic reports

In accordance with Article 19(11) of Regulation (EU) No 596/2014 of the European Parliament and of the Council of 16 April 2014 on market abuse (market abuse regulation) and repealing Directive 2003/6/EC of the European Parliament and of the Council and Commission Directives 2003/124/EC, 2003/125/EC and 2004/72/EC ("MAR"), “a person discharging managerial responsibilities within an issuer shall not conduct any transactions on its own account or for the account of a third party, directly or indirectly, relating to the shares or debt instruments of the issuer or to derivatives or other financial instruments linked to them during a closed period of 30 calendar days before the announcement of an interim financial report or a year-end report (...).”

In view of the above, the following closed periods for the publication of the Company's periodic reports in 2024 apply to persons discharging managerial responsibilities in JSW S.A.:

Notifications of transactions

Pursuant to Article 19(1) of MAR, members of the Management Board and Supervisory Board and persons closely associated with them, shall notify JSW S.A. and the Polish Financial Supervision Authority of transactions in JSW S.A.'s financial instruments conducted on their own account. 

Persons discharging managerial responsibilities and persons closely associated with them should comply with the notification obligation of Article 19(1) of MAR by providing notification to:

• Polish Financial Supervision Authority (“PFSA”) via an electronic "Form for Transaction Notifications" sent from the website with the address: https://19mar.knf.gov.pl;
• Jastrzębska Spółka Węglowa S.A. - by sending to the e-mail address: [email protected] the "Form for Transaction Notifications” generated in pdf format and signed, previously sent to the PFSA (according to the above).

In the event of a failure of the ICT system or the occurrence of events that make it impossible to transmit the notification via the ICT system, such notification should be submitted to the e-mail address [email protected], according to the template form for notification of transactions in JSW S.A.’s financial instruments available HERE

At the same time, as soon as the failure of the ICT system is corrected or the cessation of events preventing the submission of notifications, the notification should be submitted once again using the form available at the address https://19mar.knf.gov.pl

The notification should be made immediately and no later than three business days after a transaction whose one-off value exceeds the equivalent of EUR 5,000, or immediately and no later than three business days after a subsequent transaction that caused the equivalent of EUR 5,000 to be exceeded within one calendar year. Share sale and purchase transactions are added together without offsetting. The notification should contain all information in accordance with the form attached to this instruction. The user's manual for MAR Form 19 is available HERE.

The position of the Office of the Polish Financial Supervision Authority on how to fill out transaction notifications is available HERE