Information about a rule governing change of the entity authorised to audit the financial statements

Information about a rule governing change of the entity authorised to audit the financial statements of Polskie Górnictwo Naftowe i Gazownictwo S.A. ("PGNiG", the "Company")

Pursuant to Article 33.1.5) of PGNiG's Articles of Association, it is within the powers of the Supervisory Board to appoint an audit firm to audit the Company's financial statements. The Company does not have in place any specific rule for changing the entity auditing its financial statements. However, it has been PGNiG's established practice to select such an entity every three years by way of a tender. If the audit firm is reappointed for another three-year period, an additional condition for continuing the cooperation is that the audit firm appoints a different key partner to perform the statutory audit, replacing the partner responsible for the audit in the previous period.