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Current Report No. 32/2022 K

Execution of a memorandum of agreement with the trade unions regarding the disbursement of a one-off bonus to JSW S.A. employees - adjustment

Body of the report:

The Management Board of Jastrzębska Spółka Węglowa S.A. (“JSW”, “Company”) hereby reports that in current report no. 32/2022 published on 5 July 2022 and pertaining to the execution of the memorandum of agreement between the JSW Management Board and the representative trade union organizations operating in the Company on the payment of a one-off cash to JSW S.A. employees the clause pertaining to the reporting period for charging the Company’s result has been adjusted. Instead of “The cost of disbursing the one-off bonus, including the employer’s costs, will not exceed PLN 480.0 million and will be charged to the Company’s results in Q3 2022”, the text should read “The cost of disbursing the one-off bonus, including the employer’s costs, will not exceed PLN 480.0 million and will be charged to the Company’s results in Q2 2022”.

The other information conveyed in current report no. 32/2022 has not changed.

Detailed legal basis: § 15 Section 2 of the Regulation issued by the Finance Minister on 29 March 2018 on the Current and Periodic Information Transmitted by Securities Issuers and the Conditions for Recognizing the Information Required by the Regulations of a Non-Member State as Equivalent

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