National Support Centre for Agriculture representation of will of not exercising the right to acquire PKN ORLEN merger shares issued to be allocated to Grupa LOTOS’ shareholders

PKN ORLEN S.A. („Company”) informs that on the basis of information published on 10 August 2022 on the webpage of National Support Centre for Agriculture (“KOWR”) in Public Information Bulletin it has been informed that KOWR did not exercise its right under provisions of the Act on the Structuring of the Agrarian System as of 11 April 2003 (unified text as of 13 January 2022; Journal of Laws of 2022, No. 461) to acquire 198.738.864 ordinary series E shares with a nominal value of PLN 1,25 each, with a total nominal value of PLN 248.423.580 (“Series E shares”) issued by the Company in connection with the merger between the Company and Grupa Lotos Spółka Akcyjna, headquartered in Gdańsk (“Grupa LOTOS”), to be allocated by PKN ORLEN to Grupa LOTOS’ shareholders.

Submission by the KOWR the above mentioned representation of will was one of the condition to register Series E shares by the Central Securities Depository of Poland, about which The Company informed in the regulatory announcement no 40/2022 dated 3 August 2022.

See also: regulatory announcement no 26/2018 as of 27 February 2018, no 106/2018 as of 30 November 2018, no 31/2019 as of 3 July 2019, no 34/2019 as of 26 August 2019, no 42/2020 as of 14 July 2020, no 43/2020 as of 14 July 2020, no 45/2021 as of 12 November 2021, no 1/2022 as of 12 January 2022, no 2/2022 as of 12 January 2022, no 23/2022 as of 2 June 2022, no 24/2022 as of 2 June 2022, no 26/2022 as of 20 June 2022, no 27/2022 as of 23 June 2022, no 28/2022 as of 23 June 2022, no 29/2022 as of 4 July 2022, 32/2022 as of 20 July 2022, 33/2022 as of 20 July 2022, 34/2022 as of 21 July 2022, 38/2022 as of 1 August 2022 and 40/2022 as of 3 August 2022.