Polimex - Mostostal SaGPW: PXM

Presentation of Polimex Mostostal Capital Group’s Financial Results for 6 Month 2024

· Issued by Polimex - Mostostal SA

WE BUILD THE FUTURE

AUGUST 2024

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Polimex Mostostal Capital Group

The company implements specialised investments in Poland and abroad for the power, oil, gas and environmental protection industries.

It is a manufacturer and exporter of steel structures, gratings, as well as provides services of galvanising and painting of steel structures.

• LEADERSHIP IN CONSTRUCTION

• 79 YEARS IN BUSINESS

• 5,000 EMPLOYEES

• 5 CONTINENTS

• 70 COUNTRIES

• MORE THAN 700 EPC REFERENCES

• STRATEGIC FACILITIES

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History of the Polimex Mostostal Capital Group

BEGIN

Establishment of Polskie Towarzystwo Eksportowo-Importowego Maszyn

i Urządzeń Sp. z o.o

Polimex changes name

to Polimex - Polskie Towarzystwo Eksportu i Importu Maszyn Sp. z o.o.

IPO ON WSE

Privatisation of Polimex-Cekop and IPO of Mostostal Siedlce on the Warsaw Stock Exchange

NAME CHANGE

Change of the name of the Company

to Polimex Mostostal S.A.

DEBT REPAYMENT

Repayment of historic restructuring

debt to financial creditors

Establishment of the company Centrala Eksportu Kompletnych Obiektów Przemysłowych CEKOP

Merger of Polimex and Cekop.

Establishment of Polimex-Cekop

Company

MERGER

Merger between Polimex-Cekop

and Mostostal Siedlce,

Polimex-Mostostal Siedlce S.A. is formed.

RECAPITALISATION

Recapitalisation of the Company by ENEA, ENERGA, PGE and PGNiG

The Polimex Mostostal Capital Group means

78 years of tradition and business activity

Polimex Mostostal is a Company listed on the Warsaw Stock Exchange since 1997.

After 1945 we were rebuilding the Polish economy.

Our Company was involved in the implementation of the most important investments in the Polish power engineering, industry, infrastructure and general construction.

Articles of Association

10 September 1945

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Business segments of the Polimex Mostostal Capital Group

The Polimex Mostostal Capital Group consists of companies with the following profiles: manufacturing and services, operating in key sectors:

POWER SECTOR

OIL, CHEMICALS

INDUSTRIAL

PRODUCTION

INFRASTRUCTURE

EQUIPMENT

AND SERVICE

AND GAS

CONSTRUCTION

BASE

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Polimex Mostostal Capital Group - Employees

Polimex Mostostal Capital Group employs

5,000 people

highly qualified personnel

White collar workers

Blue-collar workers:

Presidents and directors

almost 37.3%

almost 62.7%

over 2.5%

Women - over

15.1%

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Polimex Mostostal Capital Group

2024 Summary

PLN 1,380 million sales revenue for 1H 2024 vs PLN 1,654 million in 1H 2023.

Order book worth PLN 8,1 billion - see slide 18 for more details.

Commissioning of the newly-built Unit No. 9 at the PGE GiEK S.A. Dolna Odra Power Plant

Complex Branch with a capacity of 700 Mwe, in accordance with the signed contract

A new offshore project for the construction of the onshore infrastructure required to take off power from the Baltica 2 project - one of two stages of the Baltica Offshore Wind Farm. Value attributable to the Polimex Mostostal Capital Group: PLN 849.0 million net

New contract to modernise state border security at the land border section with Belarus (value: PLN 94.4 million) Client: Border Guard

Establishment of a joint venture with the Czech company TEDOM a.s. - Polimex Energo sp. z o.o., operating in the field of energy outsourcing in the production and sale of heat, cold air and electricity from high-efficiencycogeneration fuelled by natural gas, LPG, LNG, biogas or mine

gas.

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Selected ongoing projects

Strategic projects:

Olefiny (oil, chemicals and gas segment project)

Olefiny

PACKAGE K-003 of the OSBL

expansion package for the Olefins plant

  • Total contract value: PLN 3,872 M net

Contractors:

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Strategic projects:

Dolna Odra (power segment project)

Dolna Odra

Two new gas-steam units

at PGE GiEK S.A. Dolna Odra Branch

  • Total contract value: PLN 3,664 M net

Contractors:

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Company analysis