Resolution of the Creditors’ Council on presenting an opinion on the Restructuring Plan and Arrangement Proposals to the Judge-Commissioner and the Court

The Administrator of the sanation estate of PKP CARGO S.A. under restructuring (the “Company”) hereby announces that on February 2, 2026, it was notified of the adoption of Resolution No. 11 of February 2, 2026, by the Creditors’ Council of PKP CARGO S.A. under restructuring in proceedings before the District Court for the Capital City of Warsaw in Warsaw, 18th Commercial Division, in the case of PKP CARGO S.A. under restructuring. of the Creditors’ Council of PKP CARGO S.A. under restructuring in proceedings before the District Court for the Capital City of Warsaw in Warsaw, 18th Commercial Division, on the presentation of an opinion to the Judge-Commissioner and the Restructuring Court on the Restructuring Plan and Arrangement Proposals (“Resolution”).

In connection with the deadline set for the Creditors’ Council to express its opinion on February 2, 2026, as announced by the Company in its current report 111/2025, the Creditors’ Council adopted a resolution in which it decided that at this stage it would refrain from expressing an unequivocally positive or negative opinion on the Restructuring Plan and at the same time raised objections to its content and requested the Judge-Commissioner to oblige the Company’s Administrator of the sanation estate to supplement it.

At the same time, the Creditors’ Council recommends that the Arrangement Proposals be discussed again with members of individual interest groups, as the proposals in their current form carry a significant risk of not being accepted by creditors, but with the proviso that the opinion does not represent the position of the members of the Creditors’ Council regarding the possible acceptance or non-acceptance of the Arrangement Proposals.

The resolution and its appendix were submitted to the restructuring proceedings file.