Current Report No. 16/2014

Date of preparation: 7 March 2014

Topic: Resolutions of the Management and Supervisory Boards on the proposalof 2013 net profit appropriation

Legal grounds: Art. 56 sec. 1 pt. 1 of the Act on Offerings – Confidential Information

The Management Board of ENERGA SA („Company”) announces that on 6 March 2014 it adopted resolution on the motion of net profit distribution for 2013 and the Supervisory Board on 7 March 2014 by virtue of its resolution positively assessed the Management Board motion.

According to the resolution, the Management Board submits to the ENERGA SA General Meeting the proposal for distribution of 2013 net profit in the amount of PLN 499 048 758.09 (say: four hundred ninety nine million forty eight thousand seven hundred fifty eight zlotys and nine groszys) as follows:

1)  to allocate PLN 414 067 114.00 (four hundred fourteen million sixty seven thousand one hundred fourteen zlotys) for the dividend payment for the Company’s Shareholders, i.e. PLN 1.00 (say: one zloty) per share, representing 82.97% of net profit;

2) to allocate the remaining amount of PLN 84 981 644.09 (say: eighty four million nine hundred eighty one thousand six hundred forty four zlotys and nine groszys) for the share capital, representing 17.03% of net profit

Legal grounds: § 38 sec. 1 pt. 11 of the Decree of the Minister of Finance of 19 February 2009 on current and periodic information disclosed by issuers of securities and conditions for recognizing as equivalent information required by the laws of a non-member state (Journal of Laws of 2009 No. 33 item 259, with amendments).