One-off events which impact significantly ORLEN Group results for the fourth quarter 2025

ORLEN S.A. („Company”, „ORLEN Group”) informs that it has identified grounds and conducted tests for impairment of assets according to international accounting standards (“IAS 36”).

IAS 36 imposes an obligation to cyclical review of the present value of the future cash flows expected to be derived from the assets based on current and predicted macro and market environment conditions.

As a results of the tests carried out, the Company predicts that in the consolidated financial statement for the fourth quarter of 2025 it will recognize impairments of assets in the total amount of PLN 2,5 bn. It mainly concerns investment New Chemistry in Downstream Segment in the amount of PLN 2,2 bn. Moreover the Company will recognize an impairment of the value of international upstream assets in the Upstream&Supply Segment in the total amount of PLN 0,3 bn.

Impairments of assets are non-cash and are not directly linked to the operating cash flow.

The abovementioned one-offs are currently being audited by the auditor and may be subject to change in the final version of the ORLEN Group consolidated financial statements for the fourth quarter of 2025, which the Company will publish on 19 February 2026.

At the same time, the Company informs that analyses of the value of the other assets of the ORLEN Group are ongoing. If impairments or reversals of impairments become likely and materially affect the financial data for 2025, the Company will disclose such information in a regulatory announcement.