Body of the report: 

With reference to Current Report No. 5/2026 concerning agreeing on the draft memorandum of agreement between JSW and Representative Trade Union Organizations, the Management Board of Jastrzębska Spółka Węglowa S.A. ["JSW," "Company"] hereby reports that today a Suspension Memorandum of Agreement and an Implementation Memorandum of Agreement were concluded with the Representative Trade Union Organizations operating at JSW on the terms specified in the above-mentioned report. 

The draft Suspension Memorandum of Agreement was subject to a referendum among the Company's employees that brought a positive result. 

Based on the headcount level as at 1 February 2026, the Company estimates the total savings in 2026-2027 resulting from the Memorandum of Agreement at approximately PLN 1.2 billion.

The Suspension Memorandum of Agreement enters into force today, with effect from 1 February 2026, and has been concluded for a period of 23 months, i.e. until 31 December 2027.

The Company will disclose information on further steps in this matter in separate current reports.

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.