Management Board decision on the sale of wrecked railcars permanently withdrawn from operational use

The administrator of the rehabilitation estate of PKP CARGO S.A. under restructuring (the “Company”, “PKP CARGO”) announces that on February 4, 2026, based on the results of an electronic auction held as part of a procedure organized for the sale of freight car wrecks permanently excluded from operational use (the “Carriages” ), by Resolution No. 23/2026, the Company’s Management Board approved the conclusion of agreements for the sale of 2,829 Carriages for a total net price of PLN 49.5 million.

The finalization of the proceedings and conclusion of sales agreements will be possible after obtaining the consent of the Supervisory Board provided for in §25 section 3 item 13 letters d and e of the Articles of Association of PKP CARGO S.A. On December 18, 2025, the Company obtained the consent of the Administrator and the Judge-Commissioner for the sale of the Carriages.

In the electronic auction procedure for the sale of 2,829 Carriages, three bidders were selected who bid the highest prices in individual parts – sales regions.

The sale of the above-mentioned Carriages is a continuation of activities related to the sale of rolling stock resources that are redundant for the Company’s operations, as included in the Restructuring Plan, enabling the acquisition of funds for the implementation of other priority restructuring tasks.