POLENERGIA S.A.

Polenergia SA is the first Polish private group in power industry made up of vertically integrated companies functioning in the area of generation of power from conventional and renewable sources, as well as distribution and trade of electric energy. It was formed by consolidation of two groups of assets controlled by Polenergia Holding S.a r.l with its registered office in Luxemburg: - PEP Group (Polish Energy Partners SA) – a company listed on the Warsaw Stock Exchange, implementing power engineering projects based on renewable energy sources. In 2012 the company was taken over by an entity of the Polenergia Holding S.a r.l. group, and - the assets of Polenergia Group focused on generation, distribution and sale of electric energy and certificates of origin, trade of electric energy and certificates of origin, and development of new projects in the field of (renewable and conventional) power generation and gas transmission. The process of integration of the two groups has lasted since 2013. The culmination was the contribution of Polenergia's Group asstes to PEP SA in exchange for the new issue shares. Polenergia SA is listed on the Stock Exchange. The Company is a vertically integrated entity specialized in implementing projects from generation of electric energy from conventional and renewable sources to distribution of electric energy and gas and sale and trade of energy and certificates of origin.