PGNiG: Extension of the exclusive negotiation period to acquire TAURON Ciepło Sp. z o.o.

In reference to the Current Report No. 29/2020 of June 16th 2020 concerning the commencement of exclusive negotiations with Tauron Polska Energia S.A. (“Tauron”) to acquire all shares in Tauron Ciepło Sp. z o.o., and the Current Report No. 43/2020 of July 27th 2020 and the Current Report No. 47/2020 of September 22nd 2020, the Management Board of Polskie Górnictwo Naftowe i Gazownictwo SA (“PGNiG”, the “Company”) hereby announces that the exclusive negotiation period granted to the Company has been extended until January 31st 2021.