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Photon Energy Group Informs About the Court's decision on its Request for an Injunction PHOTON ENERGY N.V. (NL0010391108)

27-03-2026 21:12:47 | ESPI | 9/2026
oUNI-EN: Photon Energy Group Informs About the Court's decision on its Request for an Injunction

PAP
Data: 2026-03-27
Firma: PHOTON ENERGY N.V.
oSpis tresci:
1. REPORT
2. INFORMATION ABOUT THE ENTITY
3. SIGNATURE OF PERSONS REPRESENTING THE COMPANY

Nazwa arkusza: REPORT


POLISH FINANCIAL SUPERVISION AUTHORITY
UNI - EN REPORT No 9 / 2026
Date of issue: 2026-03-27
Short name of the issuer
PHOTON ENERGY N.V.
Subject
Photon Energy Group Informs About the Court's decision on its Request for an Injunction
Official market - legal basis
Art. 17 ust. 1 MAR
Unofficial market - legal basis
Contents of the report:
The Management Board of Photon Energy N.V. _"the Company"_ hereby informs that on 26 March 2026, its fully owned subsidiary - Photon Energy Trading PL sp. z o.o. _"the Subsidiary"_ - received a resolution issued by the District Court in Warsaw - 17th Competition and Consumer Protection Court _in Polish: Sąd Okręgowy w Warszawie Wydział XVII Sąd Ochrony Konkurencji i Konsumentów, hereinafter "the Court_. In this resolution the Court dismissed the Subsidiariy's motion for a preliminary injunction _in Polish: wniosek o udzielenie zabezpieczenia_ in the ongoing dispute with Polskie Sieci Elektroenergetyczne S.A. _"PSE"_ before the Polish Energy Regulator Office _Urząd Regulacji Energetyki, "URE"_ regarding the fulfilment of emission limits by one of the Subsidiary's Capacity Market Units.
As a result of the Court's rejection of the injunction request, the Subsidiary will not be able to prevent PSE from implementing its intended measures. PSE has indicated its intention to set off the disputed amount of remuneration, totalling PLN 16.282 million gross _approximately EUR 3.854 million_, against the Subsidiary's invoices arising under the relevant capacity agreements for the future months.

The impact of this decision, including the creation of an impairment provision for the loss of revenues in the full amount of the disputed sum, was already recognised in the preliminary financial statements for Q4 2025, published on 25 February 2026.

The Management Board assesses that this decision creates material liquidity pressure for the Subsidiary's operations and is currently analysing its operational and financial implications for the future activities in the Polish capacity markets. The Management Board will inform stakeholders about the impact on the Company's business once this assessment is completed.
Annexes
File Description

Nazwa arkusza: INFORMATION ABOUT THE ENTITY


PHOTON ENERGY N.V.
_fullname of the issuer_
PHOTON ENERGY N.V. Energetyka _ene_
_short name of the issuer_ _sector according to clasification
of the WSE in Warsow_
1083 HN Amsterdam
_post code_ _city_
Barbara Strozzilaan 201
_street_ _number_
+31 20 240 2570 +31 20 240 2598
_phone number_ _fax_
_e-mail_ _web site_
8500.20.827
_NIP_ _REGON_

Nazwa arkusza: SIGNATURE OF PERSONS REPRESENTING THE COMPANY


SIGNATURE OF PERSONS REPRESENTING THE COMPANY
Date Name Position / Function Signature
2026-03-27 Georg Hotar Director Georg Hotar


Identyfikator raportu jjvuszwyf1
Nazwa raportu UNI-EN
Symbol raportu UNI-EN
Nazwa emitenta PHOTON ENERGY N.V.
Symbol Emitenta PHOTON ENERGY N.V.
Tytul Photon Energy Group Informs About the Court's decision on its Request for an Injunction
Sektor Energetyka (ene)
Kod 1083 HN
Miasto Amsterdam
Ulica Barbara Strozzilaan
Nr 201
Tel. +31 20 240 2570
Fax +31 20 240 2598
e-mail
NIP 8500.20.827
REGON
Data sporzadzenia
Rok biezacy 2026
Numer 9
adres www
Serwis Ekonomiczny Polskiej Agencji Prasowej SA 2026 Copyright PAP SA - Wszelkie prawa zastrzezone.