Management Board’s stance regarding false information on PKP CARGO S.A.

In connection with information appearing in the cyberspace regarding certain allegedly planned actions by PKP CARGO S.A. (“Company”), involving “an issue of new shares”, “a decrease in the share capital” or “bankruptcy,” the Company’s Management Board hereby declares that:

1/ The Company is currently taking no steps aimed at preparing for the issue of any new shares or reducing the Company’s share capital;

2/ The Company fulfills none of the grounds for bankruptcy referred to in Article 10 of the Bankruptcy Law of 28 February 2003.

The Management Board hereby declares that any information published in the cyberspace and claiming the opposite is false and may mislead the Company’s Stakeholders.

In order to protect the trust in and reputation of PKP CARGO S.A., the Company will take the required legal steps to counteract the dissemination of such false information.

Legal basis: Article 17 Section 1 of Regulation (EU) No. 596/2014 of the European Parliament and of the Council on Market Abuse.