1.1 Information on the parent company

PGE Polska Grupa Energetyczna S.A. was established on the basis of the Notary Deed of 2 August 1990 and registered in the District Court in Warsaw, the 16th Commercial Division, on 28 September 1990. The Company is entered in the National Court Register maintained by the District Court Lublin-Wschód in Lublin with its registered office in Świdnik, the 6th Commercial Division of the National Court Register, under number 0000059307. The Company’s registered office is located in Lublin, at Aleja Kraśnicka 27.

As at 1 January 2023 the composition of the Management Board was as follows:

• Wojciech Dąbrowski – President of the Management Board,
• Wanda Buk – Vice President of the Management Board,
• Lechosław Rojewski – Vice President of the Management Board,
• Paweł Śliwa – Vice President of the Management Board,
• Ryszard Wasiłek – Vice President of the Management Board.

On 4 January 2023, the Supervisory Board adopted a resolution to appoint Mr Rafał Włodarski to the Management Board as of 9 January 2023.

On 28 March 2023, Mr Ryszard Wasiłek resigned from his position as Vice President of the Management Board as of 30 April 2023.

On 19 April 2023, the Supervisory Board adopted a resolution to appoint Mr Przemysław Kołodziejak to the Management Board as of 1 May 2023.

On 23 November 2023, the Supervisory Board adopted a resolution to dismiss Mr Paweł Śliwa from the Management Board as of 23 November 2023.

As at 31 December 2023 the composition of the Management Board was as follows:

• Wojciech Dąbrowski – President of the Management Board,
• Wanda Buk – Vice President of the Management Board,
• Przemysław Kołodziejak – Vice President of the Management Board,
• Lechosław Rojewski – Vice President of the Management Board,
• Rafał Włodarski – Vice President of the Management Board.

On 7 February 2024, the Supervisory Board adopted a resolution to dismiss Mr Wojciech Dąbrowski, Ms Wanda Buk and Mr Rafał Włodarski from the Management Board. Furthermore, on 7 February 2024, the Supervisory Board adopted resolutions on delegating the following Members of the Supervisory Board:

• Mr Eryk Kosiński to temporarily perform the duties of a Member of the Management Board of the Company for a period of 3 months and to entrust him with the duties of the President of the Management Board,
• Ms Małgorzata Banasik to temporarily perform the duties of a Member of the Management Board for a period of 3 months.

On 28 February 2024, the Supervisory Board adopted a resolution to dismiss Mr Lechosław Rojewski from the Management Board.

On 6 March 2024, the Supervisory Board adopted resolutions to appoint the following persons to the Management Board as of 18 March 2024:

• Mr Dariusz Marzec, and to entrust him with the duties of the President of the Management Board, and
• Mr Marcin Laskowski, and to entrust him with the duties of the Vice President of the Management Board for Regulatory Affairs.

At the same time, the Supervisory Board adopted the following resolutions:

• to terminate, as of 17 March 2024, the delegation of Mr Eric Kosiński, Member of the Supervisory Board, to temporarily perform the duties of a Member of the Management Board acting as President of the Management Board, and
• to terminate, as of 8 March 2024, the delegation of Ms Małgorzata Banasik, Member of the Supervisory Board, to temporarily perform the duties of a Member of the Management Board.

On March 21, 2024, the Supervisory Board adopted a resolution to appoint Mr Robert Piotr Kowalski to the Management Board as of May 15, 2024 and entrust him with the function of Vice President of the Management Board for Support and Development.

As at the date of the approval of these consolidated financial statements for publication, the composition of the Management Board was as follows:

• Dariusz Marzec – President of the Management Board,
• Przemysław Kołodziejak – Vice President of the Management Board,
• Marcin Laskowski – Vice President of the Management Board.

	As at 31 December 2023	As at 31 December 2022
State Treasury	60.86%	60.86%
Other shareholders	39.14%	39.14%
Total	100.00%	100.00%

The ownership structure as at the particular reporting dates is presented on the basis of the information available to the Company.

According to information available to the Company, as at the date of publication of these financial statements, the State Treasury was the only shareholder holding at least 5% of the total number of votes at the General Meeting of PGE S.A.