Signing an annex No. 2 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. 2
to the Letter of Intent of June 12, 2024, about which the Issuer informed in current report
No. 27/2024 on June 12, 2024 and current report No. 120/2024 on December 18, 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 September 30, 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 September 30, 2025 .

The remaining provisions of the Letter of Intent remain unchanged.

Legal basis:
Article 17 section 1 Regulation (EU) No 596/2014 of the European Parliament and of the Council of 16 April 2014 on market abuse (Market Abuse Regulation) and repealing Directive 2003/6/EC of the European Parliament and of the Council and Commission Directive 2003/ 124/EC, 2003/125/EC and 2004/72/EC