PGNiG: Fulfilment of a condition precedent for an agreement to purchase interest in production licences by PGNiG Upstream Norway AS from Pandion Energy

Further to Current Report No. 55/2019 of November 7th 2019, the Management Board of Polskie Górnictwo Naftowe i Gazownictwo S.A. (“PGNiG”, “Company”) announces that on January 9th 2020 the Company received an information that the condition precedent of the agreement to purchase an interest in the Duva field, from Pandion Energy by PGNiG Upstream Norway AS has been met as a result of obtaining the required administrative consents in Norway.