Probable reversal of part of historical impairments of assets in consolidated financial statement for 4 quarter 2018.

PKN ORLEN S.A. („Company”) informs that approved on 20 December 2018 the ORLEN Group strategy update for 2019-2022 as well as accepted as its part middle-term Plan for the years 2019-2022, based on updated macro assumptions, constitutes an indication for the Company to verify recoverable value of its assets, according to IFRS 36. Due to that fact PKN ORLEN S.A. identifies probability of reversal of a part of historical impairments of assets of Unipetrol Group in consolidated financial statement for 4 quarter 2018. It could have significant positive non-cash impact on the level of consolidated operating profit EBITDA of ORLEN Capital Group.