New company name: Polskie Elektrownie Jądrowe sp. z o.o.

07.07.2021

On 15 June 2021, an amendment to the Articles of Association of PGE EJ 1 was entered into the National Court Register (KRS). According to the present wording of the Articles of Association, the Company runs its business as Polskie Elektrownie Jądrowe spółka z ograniczoną odpowiedzialnością (Polish Nuclear Power Plants limited liability company), or PEJ sp. z o.o. for short. The new legal name is applicable as of the date of its registration in the KRS.

In line with the new wording of the Company’s Articles of Association, PEJ sp. z o.o. is engaged in tasks that ensure energy security of the Republic of Poland, which consist in particular in the preparation of an investment process and acting as the investor in the project of construction of nuclear power plants of the total capacity installed between approx. 6 and 9 GWe and based on tested, large scale pressurised water reactors of generation III(+), as well as providing support to the government administration in efforts aimed at the implementation of the Polish Nuclear Power Program, including the selection of a single technology and one strategic co-investor related to the plant vendor for nuclear power plants in Poland.

The above amendments result directly from the agreement regarding the sale of 100% of shares in PGE EJ 1 in favour of the State Treasury, signed by PGE, Enea, KGHM and Tauron in March. According to the Regulation of the Council of Ministers dated 4 May 2021, the rights derived from the Company shares are exercised on behalf of the State Treasury by the Government Plenipotentiary for Strategic Energy Infrastructure.