Disclosure of delayed inside information regarding investments in ORLEN Poludnie

PKN ORLEN S.A. (“Company”) discloses the following inside information, publication of which was delayed:

- on 7 December 2021:

“PKN ORLEN (“Company”) informs that on 7 December 2021 the Company’s Management Board gave consent for conclusion with ORLEN Poludnie S.A. (“ORLEN Poludnie”) an agreement (“Agreement”) on arrangements of directional method of financing of the investments tasks: “Project and building of UCO FAME production and distillation lines” and “Building of the complex of units for production of II generation bioethanol (B2G)” – “B2G Project”. It also decided to give consent of PKN ORLEN, as the sole ORLEN Poludnie shareholder, for realization of the B2G Project by ORLEN Poludnie.

Realization of the above mentioned PKN ORLEN Management Board decisions requires approval of the Company’s Supervisory Board that PKN ORLEN Management Board will request for.”

- on 14 December 2021:

“PKN ORLEN (“Company”) informs that on 14 December 2021 the Company’s Supervisory Board gave consent for conclusion by the Company with ORLEN Poludnie S.A. (“ORLEN Poludnie”) an agreement (“Agreement”) on arrangements of directional method of financing of the investments tasks: “Project and building of UCO FAME production and distillation lines” and “Building of the complex of units for production of II generation bioethanol (B2G)”.