Body of the report:
The Management Board of Jastrzębska Spółka Węglowa S.A. [“JSW”, “Company”] hereby reports that on 15 May 2026 it was informed of the estimated consolidated financial results of the JSW Group for Q1 2026 and decided to make them public.
Estimated consolidated financial results of the JSW Group for Q1 2026:
- sales revenues: PLN 2,097.0 million
- gross loss on sales: PLN (286.5) million,
- operating loss plus depreciation and amortization (EBITDA): PLN (238.6) million,
- net loss: PLN (615.9) million.
Moreover, with reference to Current Report No. 27/2026 regarding the JSW Group’s operating activity in Q1 2026, the Company’s Management Board hereby reports that, in Q1 2026:
- total coal production was 3.24 million tons,
- coking coal production was 2.78 million tons,
- steam coal production was 0.46 million tons,
- total coke production was 0.75 million tons.
Annual production targets have been set at:
- total coal production: 13.3 million tons,
- coking coal production: 11.66 million tons,
- steam coal production: 1.64 million tons,
- total coke production: 3.43 million tons.
The financial results presented are estimates obtained in the preparation of the interim Q1 2026 consolidated financial statements and are subject to change.
The final financial results for Q1 2026 will be presented in detail in the Consolidated Report of the JSW Group for Q1 2026, scheduled for publication on 19 May 2026.
Legal basis: Article 17(1) of Regulation [EU] No. 596/2014 of the European Parliament and of the Council of 16 April 2014 on Market Abuse 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.