Notification from a Shareholder – the State Treasury of shareholding change in PKN ORLEN 

PKN ORLEN S.A. („PKN ORLEN”, „Company”) informs that the Company received a notification from a Shareholder – the State Treasury, represented by the Minister of the State Assets about an increase in shareholding in PKN ORLEN as a result of the fact that on 1 August 2022 the District Court for Łódź Śródmieście in Łódź, XX Commercial Division of the National Court Register, registered the merger between PKN ORLEN and Grupa LOTOS S.A., increase in share capital and changes to the Articles of Association of PKN ORLEN approved by the Company Extraordinary General Meeting on 21 July 2022. 

Before the change, the State Treasury, represented by the Minister of State Assets, held 117,710,196 of PKN ORLEN shares, which constituted 27.52% of the share capital of the Company and entitled to 117,710,196 of votes at the Company General Meeting, which constituted 27.52% of the total number of votes.

Currently, the State Treasury, represented by the Minister of State Assets, holds 223,414,424 of PKN ORLEN shares, which constitutes 35.66% of the share capital of the Company and entitles to exercise 223,414,424 votes at the General Meeting of the Company, which constitutes 35.66% of the total number of votes.