Lease Executed

The seabed lease (location permit / PSzW) for the Baltic West sites, including Area 14.E.3 (Orlen Neptun III), was executed on the basis of a Ministry of Infrastructure decision issued in October 2023. ORLEN Neptun explains that the Baltic East project "is developed on the basis of the decision of the Ministry of Infrastructure from October 2023, which granted five new seabed licenses for offshore wind farms in the Baltic Sea with a total capacity of approximately 5.2 GW." A separate corporate overview confirms that these five new locations comprise four sites on the Odra Bank (14.E.1–14.E.4) and that all four 14.E areas "have already obtained the location permit (PSzW) and terms of connection." For Orlen Neptun III, this decision establishes the core seabed development rights on the Odra Bank near Świnoujście, enabling further permitting, studies, and auction preparation toward an anticipated COD after 2034.