Estimates of LOTOS Group’s second quarter 2018 consolidated operating results
Report no. 22/20182018-07-25

Having received, on July 25th 2018, preliminary estimates of the LOTOS Group’s second quarter2018 consolidated operating gains results, the Management Board of Grupa LOTOS S.A. has resolved to publish the information:
• Estimated consolidated revenue: PLN 7.53 bn
• Estimated consolidated EBIT: PLN 0.89 bn
• Estimated consolidated EBITDA: PLN 1.08 bn
• Estimated consolidated normalised LIFO-based EBITDA: PLN 0.82 bn, including:
          1.Estimated downstream normalised LIFO-based EBITDA: PLN 0.58 bn
          2.Estimated upstream normalised LIFO-based EBITDA: PLN 0.24 bn

The amounts presented above are initial estimates, subject to revision. The consolidated report for the first half of 2018 will be issued on August 9th 2018.

Legal basis: Article 17(1) of MAR – inside information.