Our Group – key information

The TAURON Capital Group is a fully integrated energy group whose business model is changing in line with the 2022 Strategy adopted in June. Strategy for 2022-2030 with an Outlook to 2050.

In view of the global challenges associated with climate change and the tightening policy of financial institutions and financial market investors to finance entities using coal assets in their business operations, the transfer of ownership of TAURON Wydobycie S.A. shares to the State Treasury took place in 2022. This will allow us to broaden our investor base to raise funds for investment and thus facilitate the implementation of our strategic goals.

TAURON Capital Group’s parent (holding) company is TAURON Polska Energia S.A. (hereinafter called the Company or TAURON), that was established on December 6, 2006, as part of the Program for the Power Sector.

The Company was registered in the National Court Register on January 8, 2007, under the name: Energetyka Południe S.A. The change of the Company’s name to its current name, i.e. TAURON Polska Energia S.A., was registered on November 16, 2007. The Company does not have any branches (divisions).

TAURON Capital Group

The below figure presents the composition of TAURON Capital Group by business segments, in accordance with the International Financial Reporting Standard (IFRS) 8 Operating Segments as of December 31, 2022.

*Operations conducted until December 30, 2022, as a result of the loss of control by TAURON Group over the Wsparcie Grupa TAURON sp. z o.o. (Wsparcie Grupa TAURON) subsidiary as of that date, as a result of the transaction, carried out by TAURON Dystrybucja S.A. (TAURON Dystrybucja), involving a transfer of 100% of the shares in Wsparcie Grupa TAURON to Polski Holding Obronny sp. z o.o. (Polski Holding Obronny).

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