Issuance of an administrative decision by the ERO President regarding the Price Difference Fund
Belongs to:
- Current reports
Current Report No. 11/2026
Date: 12 March 2026
Subject: Issuance of an administrative decision by the ERO President regarding the Price Difference Fund
Legal basis: Article 17 (1) of MAR - inside information
In reference to current report 4/2026, the Management Board of Energa SA (the "Issuer") hereby reports that, on 12 March 2026, the Company Energa Obrót SA ("Subsidiary") received from the President of the Energy Regulatory Office ("ERO President") an administrative decision on the obligation to transfer to the Price Difference Fund PLN 550.9 million within 30 days of the date of delivery thereof, plus statutory interest calculated from the date of receipt of the Decision.
Taking into account the provisions of the above decision of the President of the ERO and acting in accordance with the requirements of IAS 37 the Issueer has identified the need to recognize in Q4 2025 reserves amounting to PLN 550.9 million.
The amount of the provision may change, and its final value will be presented in the Issuer's periodic report for 2025. The Subsidiary is entitled to file an appeal with the relevant court against the ERO President's Decision.