Body of the report:

The Management Board of Jastrzębska Spółka Węglowa S.A. (“JSW” or “Company”) hereby reports, with reference to Current Report No. 12/2021, that on 31 March 2021 it signed a Collective Agreement (“Agreement”) with Representative Trade Union Organizations operating in JSW. The Agreement provides for employment guarantees for all JSW employees for a term of 10 years starting from the date of execution of the Agreement. The parties have undertaken to cooperate with each other in order to maintain existing jobs and ensure the Company’s growth. The parties have agreed that the Agreement will remain in force until the entry into force of a new uniform Company-Level Collective Bargaining Agreement for JSW S.A. Employees, and that until then the terms of employment contracts entered into with employees of JSW units will not be amended or terminated.

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.