Decision on the intention to seek compensation for damage caused in the exercise of executive or supervisory duties

Belongs to:

  • Current reports
Title: Decision on the intention to seek compensation for damage caused in the exercise of executive or supervisory duties
Date: 2024.14.11
Report no.:  Current Report No. 41/2024

Current Report No. 41/2024

Date: 14 November 2024

Subject: Decision on the intention to seek compensation for damage caused in the exercise of executive or supervisory duties

Legal basis: Article 17 (1) of MAR - inside information

The Management Board of Energa SA (_quot;Company_quot;) informs, that on 14 November 2024 made a decision on the Company's intention to seek compensation for damage caused in the exercise of executive or supervisory duties by persons responsible for decisions related to implementing the project involving construction of a coal block Ostrołęka "C" Power Plant with the capacity of approx. 1,000 MW ("Project").

The decision of the Company's Management Board was made after analysing of external law firms' opinions which indicate that behaviours of certain former members of the Company's bodies in connection with implementing the Project caused the Company to suffer damages of great value.

In view of the above, the Company's Management Board will ask the Company's General Meeting to adopt appropriate resolutions so that, on this basis, the Company has the right to take - either by means of litigation or out of court - any steps to enable the Company's claims to be asserted.

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