Submission of a request to the Judhe-Commissioner for an extension of the deadline for PKP CARGO S.A. under restructuring to submit the final text the Arragement Proposals

The Administrator of the sanation estate of PKP CARGO S.A. under restructuring (the “Compnay”) announces that on April 23, 2026, a motion was filed with the Judge-Commissioner to extend the deadline for submitting the final version of the Arrangement Proposals until June 30, 2026.

The justification for the request to exted the deadline for submitting the final version of the Arrangement Proposals states that the Company, in cooperation with the Administrator, is working intensively to finalize the Arragement Proposals, taking into account both realistic and attainable sources of financing and the reasonable expectation of the Creditors. The process involves analyzing various restructuring options and evaluating solutions that colud provide a realistic basis for entering into and implementing a restructuring agreement. However, the ongoing discussion – which Focus primerily on securing sources of financing – have exceeded the timeline set by the Judge-Administrator. Nevertheless, is is the outcome of these discussions that will have a significant impact on the final form of the Settlement Proposals and the feasibility of implementing the settlement should it be adopted and approved.

The proposed dedline also takes into account the need to prepare the necessary documentation and obrain the relevant corporate approvals, in particular form the Supervisory Board, as well as from the Company bodies.

The previously set deadline for the Company to submit its Arrangement Proposals is April 30, 2026, and was established by an order of the Judge-Commissioner dated Marh 24, 2026, as the Company announced in Current Report No. 25/2026.

In light of the above justification, the Compnay’s Management Board and the Administrator believe that the requested is fully justified and is in the best interests of both the Creditors and the Company.