KOGENERACJA : A list of shareholders entitled to at least 5% of votes during the Ordinary General Meeting of Shareholders, which was held on April 20, 2017

EM Kancelaria Publiczna [Public Chambers] Current report 10/2017

Wrocław, 20 April 2017

Subject: A list of shareholders entitled to at least 5% of votes during the Ordinary General Meeting of Shareholders, which was held on April 20, 2017

The Management Board of Zespół Elektrociepłowni Wrocławskich KOGENERACJA S.A., pursuant to article 70 item 3) of the Public Offering Act, hereby provides the list of shareholders entitled to at least 5% of votes during the Ordinary General Meeting of Shareholders, which was held on April 20, 2017.

EDF Polska S.A.

Number of votes: 2,642,869 Number of votes at GMS: 2,642,869

% of the total number of votes: approximately 17.74%

% of votes at GMS: approximately 23.54 %

EDF International S.A.S.

Number of votes: 2 483 830 Number of votes at GMS: 2,483,830

% of the total number of votes: 16.67 %

% of votes at GMS: approximately 22.12 %

EDF Investment III B.V.

Number of votes: 2,323,302 Number of votes at GMS: 2,323,302

% of the total number of votes: approximately 15.59 %

% of votes at GMS: approximately 20.69 %

Otwarty Fundusz Emerytalny AVIVA

Number of votes: 1,489,000

Number of votes at GMS: 1,489,,000

% of the total number of votes: approximately 9.99 %

% of votes at GMS: approximately 13.26 %

Otwarty Fundusz Emerytalny PZU "Złota Jesień"

Number of votes: 1 160,000 Number of votes at GMS: 1,160,000

% of the total number of votes: approximately 7.79 %

% of votes at GMS: approximately 10.33 %

NATIONALE-NEDERLANDEN Otwarty Fundusz Emerytalny

Number of votes: 1,100,000 Number of votes at GMS: 1,100,000

% of the total number of votes: approximately 7.38 %

% of votes at GMS: approximately 9.80%

The maximum number of votes resulting from the issued KOGENERACJA S.A. shares amounts to 14,900,000.

Legal basis: article 70, item 3 of the Act on Public Offering, Conditions Governing the Introduction of Financial Instruments to Organised Trading, and Public Companies (Dz. U. [Journal of Laws] of 2016, item 1639, as amended);