Revocation of permission to carry out self-management during the reorganization proceedings of PKP CARGO S.A. under restructuring

The Administrator of the sanation estate of PKP CARGO S.A. under restructuring (the “Administrator”) announces that on September 29, 2026, it was informed that the District Court for the Capital City of Warsaw in Warsaw, 18th Commercial Division, in case no. WA1M/GRs/6/ 2024, a ruling dated September 29, 2026, revoking – pursuant to Article 288(3), second sentence, of the Restructuring Law – the authorization for the debtor, PKP CARGO S.A. under restructuring, to manage its entire enterprise to the extent not exceeding ordinary management.

The ruling is effective and enforceable as of the date it is issued.

Pursuant to this resolution, the management of the Company’s business – including day-to-day management activities – shall be exercised by the current administrator of the reorganization estate, Paweł Głodek. In matters concerning the reorganization estate, the administrator acts in his own name but on behalf of the Company. The Company’s management board does not perform management activities subject to prior authorization.

The ruling was issued as part of the ongoing reorganization proceedings and changes the rules governing the Company’s management. However, PKP CARGO S.A. under restructuring, continues its operations as usual, including transportation services and customer service. The administrator will continue the reorganization process, the implementation of the approved Restructuring Plan, and efforts aimed at concluding and approving an arrangement with creditors. Among the priorities of the administrator’s actions are also maintaining the continuity of the Company’s operations and improving the timeliness of current payments.