Current report No.: 42/2018, 5.07.2018 19:36Approval of the Supervisory Board of ENEA S.A. to determining the instruction for exercising the voting right at the Extraordinary General Meeting of the Shareholders of Elektrownia Ostrołęka Sp. z o.o.

Current report No.: 42/2018

Date of preparation: 5 July 2018

Short name of issuer: ENEA S.A.

Subject: Approval of the Supervisory Board of ENEA S.A. to determining the instruction for exercising the voting right at the Extraordinary General Meeting of the Shareholders of Elektrownia Ostrołęka Sp. z o.o.

Legal basis: Art. 17 item 1 of MAR - confidential information

Content of report:

In relation to Current Report No. 40/2018 of 2 July 2018, the Management Board of ENEA SA ('Issuer') hereby informs that on 5 July 2018 it gained knowledge of the Issuer's Supervisory Board granting its approval to determining the instruction for exercising the voting right at the Extraordinary General Meeting of the Shareholders of Elektrownia Ostrołęka Sp. z o.o. ('Company') on granting a consent to the conclusion by the Company of a Public Procurement Agreement with the General Contractor - the Consortium of GE Power sp. z o.o. (Leader of the Consortium) and Alstom Power Systems S.A.S. - selected in the course of the procedure conducted by the Company for awarding a (utilities) sector-specific public contract under the name of 'Construction of Ostrołęka Power Plant C with approx. 1,000 MW power output' through a competitive dialogue.

The granting of the aforementioned approval by the Issuer's Supervisory Board, as well as the possible adoption of the relevant resolution by the Extraordinary General Meeting of the Shareholders of the Company are not tantamount to granting a consent to issue a Notice to Proceed (NTP) - the issuance of NTP requires, among others, a prior approval of the Issuer's Supervisory Board in this matter and a prior qualified consent of the Issuer's General Meeting to commence the Construction Stage.

The Issuer will provide further information concerning the procedure of obtaining consent to the conclusion of the Agreement in separate current reports.