December FY2020 production update

Current report no. 1/2020

Dated January 15, 2020

The Board of Directors of Coal Energy S.A. (the "Company") hereby provides update on coal production in December FY2020. The financial year 2020 of the Company commenced on the 1st July 2019 and will end on the 30th June 2020.

in tonnes

December

December

change

change

November

change

change

%

%

FY2020

FY2019

in tonnes

FY2020

in tonnes

y-o-y

m-o-m

y-o-y

m-o-m

Total coal

2 007

13 417

-85.0%

-11 410

3 056

-34.3%

-1 049

production

Production of coal from mining composed 2 007 tonnes of thermal coal.

Signatures of individuals authorized to represent the Company:

Elena Belousova

Legal grounds: Art. 56 of the Polish Act of 29 July 2005 on the public offering, conditions governing the introduction of financial instruments to organized trading system and on public companies, and the Luxembourg Act of 11 January 2008 on transparency obligations of securities issuers, as amended.

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Coal Energy SA published this content on 15 January 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 15 January 2020 18:47:04 UTC