Body of the report:
The Management Board of Jastrzębska Spółka Węglowa S.A. ["Company", "JSW"] hereby reports that today the Company received a notification from the Social Insurance Institution ["ZUS"] on the acceptance of the application in the case reported by JSW in Current Report No. 32/2025 dated 11 April 2025.Due to internal procedures and decision-making practices of the Social Security Institution, the Company decided to apply for a deferral of approx. PLN 315 million [out of an original amount of approx. PLN 1.3 billion], which is 90% of the value of contributions for the three months covered by the application. In accordance with the application and the notification received, JSW will pay the remaining 10% within the statutory deadline.
At the same time, the Company reports that JSW will apply for deferral of further amounts in future applications to the Social Security Institution.
Considering that the Company has taken numerous measures to improve its financial standing and liquidity, which will provide the means to pay the contributions on the deferred payment date, the Social Security Institution agreed to defer the payment of contributions for the periods:
- from May 2025 to 15 June 2026
- from June 2025 to 15 July 2026
- from July 2025 to 17 August 2026.
The Company will disclose information on further significant steps in this matter, including ZUS decisions covering the next periods, in the form of pertinent current reports.
In addition, the JSW Management Board hereby reports [with reference to Current Report No. 32/2025] that on 6 May 2025 it delayed the publication of confidential information that the Company had received responses informing it that the Social Security Institution had not agreed to:
defer the contribution payment deadline,
split the contribution amounts due into installments.
After receiving the above response and additional clarifications, the Company has changed the way of submitting its applications from one-off applications to submitting separate applications for individual periods.
Thus, the JSW Management Board ends the delay in publication of confidential information.
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.