Current Report No.35/2018

Date prepared: 18 July 2018

Regarding:  The decision to amicably settle all disputes regarding the invalidity of the agreement for the sale of property rights under certificates of origin between ENERGA – OBRÓT SA and yet another of the sued wind farms.

Legal basis: Article 17(1) of the Market Abuse Regulation – confidential information 

Further to the Current Report No 37/2017 of 11 September 2017, the Management Board of ENERGA S.A. hereby states that on 18 July 2018 it obtained information to the effect that its subsidiary, Energa-Obrót S.A., and one of the 22 wind farms sued by Energa-Obrót S.A., had decided to amicably settle all disputes regarding the invalidity of the agreement for the sale of property rights under certificates of origin. The parties to the settlement agreement acknowledged the dispute as definitively settled.

The terms and conditions of the settlement are satisfactory for both parties and do not adversely affect the results of operations of Energa-Obrót S.A.

This is the third settlement between Energa-Obrót S.A. and the sued wind farms. The total capacity of the facilities with which settlements have been concluded so far accounts for more than 31% of the total installed capacity of all the sued wind farms.