Annex to the investment agreement on directional principles of cooperation in construction of Ostrołęka C Gas Power Plant

PKN ORLEN S.A. (“PKN ORLEN”) informs that on 29 November 2021 it concluded with ENERGA S.A. and PGNiG S.A. (collectively “the Parties”) an annex to the investment agreement as of 22 December 2020 on directional principles of cooperation in construction of Ostrołęka C Gas Power Plant (“Annex”).

According to provisions of the Annex the Parties confirmed their will to cooperate in building of the Ostrołęka C Power Plant (“Project”), recognizing the need to adjust the principles of that cooperation to the conditions in which the Project will be realised.

The parties will endeavor to agree that the final form of PGNiG S.A. involvement in the Project will be financial engagement and it amount and form will be described in a separate agreement to be signed by the end of 2022.

See also: regulatory announcement no 31/2020 as of 19 May 2020, no 33/2020 as of 2 June 2020, no 50/2020 as of 3 September 2020, no 65/2020 as of 22 December 2020, no 13/2021 as of 14 April 2021 and no 24/2021 as of 18 May 2021.