Signing an annex to the letter of intent with PKP PLK S.A. regarding the sale of shares in CARGOTOR Sp. z o. o

The Management Board of PKP CARGO S.A. in restructuring (“Company”, “Issuer”) informs about the signing today with PKP Polskie Linie Kolejowe S.A. (“PKP PLK”) of Annex No. 1 to the Letter of Intent of June 12, 2024, about which the Issuer informed in current report No. 27/2024 on June 12, 2024, the subject of which is the continuation of joint activities aimed at carrying out the acquisition transaction by PKP PLK from PKP CARGO 100% shares in CARGOTOR Sp. z o. o. (“CARGOTOR”).

The annex introduced an obligation for the parties to complete the above-mentioned the project by July 31, 2025 at the latest, and also set the validity period of the Letter of Intent until the date of purchase of CARGOTOR shares by PKP PLK or until the date of the final decision by any of the parties to withdraw from the project, but no longer than July 31, 2025 .

The remaining provisions of the Letter of Intent remain unchanged.