Current Report No. 10/2014

Date Prepared: 18 February 2014

Subject: Information provided to a shareholder pursuant to Article 428 paragraph 6 of the Commercial Company Code

Legal Basis: Article 56 Section 1 Item 2 of the Act on Offerings – current and periodic information

The Management Board of ENERGA SA (“Company”) hereby announces its reply, given on 18 February 2014, to a motion of the Company’s shareholder, the State Treasury, submitted pursuant to Article 428 § 6 of the Commercial Company Code, asking the Company to present its stance regarding group layoffs in ENERGA Obsługa i Sprzedaż sp. z o.o.

In reply to the letter of 7 February 2014 addressed to the President of the Management Board of ENERGA SA, I hereby present Energa SA’s stance in the matter of group layoffs in ENERGA Obsługa i Sprzedaż sp. z o.o. (“Company”).

The restructuring actions taken by the Company constitute an element of the process of reorganization and optimization of the sales segment in the Energa Capital Group. In particular, they aim to ensure attainment of the Company’s business objectives and adaptation of the level and structure of headcount in the Company to market and customer requirements.

The decision to carry out the restructuring, including group layoffs, in the Company was dictated also by the necessity to adapt the headcount in the Company to its orders for 2014 and resulted from the need to reduce the Company’s operating expenses.

As part of the Company’s restructuring, it is planned to close down 362 jobs in 34 currently dispersed locations, combined with simultaneous recreation of 144 jobs in 5 locations in which the Company’s operations will be concentrated, i.e.: Kalisz, Elbląg, Olsztyn, Płock and Gdańsk. In connection with the contemplated group layoffs the Company has presented to its employees and trade unions (for negotiation) proposals of protection programs which aim at supporting them in selecting the best solution for them.

It should be also emphasized that in accordance with ENERGA SA’s principle of full transparency of this type of actions, all Company employees have received, together with the trade unions, information about the subject matter and scope of the contemplated restructuring. In particular, on 18 December 2013, the trade unions active in the Company were informed, in accordance with Article 2 of the Act on detailed principles of termination of employment relationships for reasons not attributable to employees of 13 March 2003, about the intention to carry out the group layoffs in the Company. In addition, employees are informed on an on-going basis about the status of the negotiations and the stance of the trade unions presented at negotiations meetings.

Legal Basis:

§ 38 Section 1 Item 12 of the Regulation issued by the Finance Minister on 19 February 2009 on the Current and Periodic Information Transmitted by Securities Issuers and the Conditions for Recognizing the Information Required by the Regulations of a Non-Member State as Equivalent.