Grupa LOTOS S.A. (the “Company”) hereby publishes estimates of the Company’s operating results for the three months ended December 31st 2021.

1. Estimated consolidated revenue: PLN 10.64bn
2. Estimated consolidated normalised LIFO-based EBITDA: PLN 1.48bn, including:
   1. estimated normalised LIFO-based EBITDA of the refining and marketing segment: PLN 0.91bn,
   2. estimated normalised LIFO-based EBITDA of the exploration and production segment: PLN 0.58bn.
3. Estimated consolidated net profit: PLN 1.1bn.

The Company announces that consolidated EBIT for the reporting period will be affected by the LIFO effect of PLN 0.3bn (increasing the reported figure).

The presented figures are unaudited initial estimates, subject to revision. The final amounts will be published in the 2021 annual report, due to be issued on March 16th 2022.

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