Court Approval of the Restructuring Agreement for PKP CARGOTABOR Sp. z o.o. under restructuring
The Administrator of the sanation estate of PKP CARGO S.A. under restructuring (the “Company”) states, with reference to Current Report No. 29/2026 regarding the submission to the court of Composition Proposals by the Creditors’ Council of PKP CARGOTABOR Sp. z o.o. under restructuring (“PKP CARGOTABOR”) and Current Report No. 70/2026 regarding the conclusion of the creditors’ voting process on PKP CARGOTABOR’s Arrangement Proposals (“Arrangement”), that today it was informed of a ruling issued by the District Court for the Capital City of Warsaw in Warsaw, 18th Commercial Division for Bankruptcy and Restructuring Matters (“Restructuring Court”), at a hearing, a ruling approving the Arrangement adopted by the Creditors in the reorganization proceedings conducted against PKP CARGOTABOR (case no. WA1M/GRs/8/2024).
The approval of the Arrangement marks another particularly significant stage in the restructuring proceedings of PKP CARGOTABOR. It establishes – albeit not yet with final legal effect – that the Arrangement, adopted by the Creditors with the required majority of votes, has also been deemed lawful by the Restructuring Court.
The decision approving the Arrangement is not final; an appeal may be filed against it. Upon the decision approving the Arrangement becoming final, the reorganization proceedings of PKP CARGOTABOR will be concluded, and PKP CARGOTABOR will proceed to implement the Arrangement, including the repayment of the Creditors covered by the Arrangement, in accordance with its provisions.
The Company will issue a separate current report regarding the entry into force of the decision approving the Agreement.