Coal Energy S A : Current report no.4 Unaudited consolidated report for 1H FY2022

Unaudited interim consolidated financial report for the 1H FY2022 and 2Q FY2022

Current report no. 4 /2022

Dated February 28, 2022

The Board of Directors of Coal Energy S.A. (the "Company") hereby releases the unaudited interim consolidated financial report of the Coal Energy Group for six months ended December 31st 2021.

The report is also available on the Company's website in Investor Relations section.

The 1H FY2022 of Coal Energy S.A. commenced on the 1st July 2021 and ended on the 31st December 2021. Selected financial data / Wybrane dane finansowe:

					3 months		3 months	6 months	6 months
in US$ thousand		w tys. USD		ended 31st		ended 31st	ended 31st	ended 31st
		Dec 2021		Dec 2020	Dec 2021	Dec 2020
					2Q FY2022		2Q FY2021	1H FY2022	1H FY2021
Revenue		Przychody ze sprzedaży		586	200	1,018	272
	netto
Operating profit/(loss)		Wynik operacyjny		(1)	(1,084)	24	(1,816)
Profit (loss) for the		Wynik netto		(454)	47,261	(440)	44,445
period
in US$ thousand		w tys. US$			31st December 2021		30th June 2021
Non-current assets		Aktywa trwałe				15,157		15,737
Inventories		Zapasy				2,063		1,930
Trade and other receivables		Należności handlowe i inne			882		320
Current assets		Aktywa obrotowe				3,487		2,791
Share capital		Kapitał zakładowy				450		450
Total equity		Kapitał własny				3,119		3,588
Non-current liabilities		Zobowiązania długoterminowe			3,755		3,739
Current loans and borrowings	Kredyty i pożyczki				931		925
krótkoterminowe
Trade and other payables		Zobowiązania handlowe i inne			5,135		5,224
	krótkoterminowe
Current liabilities		Zobowiązania krótkoterminowe			11,770		11,201

Total liabilities	Zobowiązania ogółem	15,525	14,940
Total assets	Aktywa ogółem	18,644	18,528

Signatures of individuals authorized to represent the Company:

Elena Belousova

Legal grounds: Art. 56 of the Polish Act of 29 July 2005 on the public offering, conditions governing the introduction

of financial instruments to organized trading system and on public companies, and Art 5. of the Luxembourg Act of 11 January 2008 on transparency obligations of securities issuers, as amended.