Body of the report:

The Management Board of Jastrzębska Spółka Węglowa S.A. (“Company”) hereby publishes the list of shareholders holding at least 5% of the total number of votes at the Ordinary Shareholder Meeting of the Company (“OSM”) held on 23 June 2017:

Shareholder: State Treasury

Number of votes: 64,389,634

% of votes at the OSM: 86.68%

Percentage of total votes: 54.84%

Legal Basis: Article 70 Item 3 of the Act of 29 July 2005 on Public Offering and the Terms and Conditions for Introducing Financial Instruments to an Organized Trading System and on Public Companies.