12.11 Composition of the Group

in PLN millions, unless otherwise stated

Company	Head office	As at 31 December 2022	As at 31 December 2021
Company	Head office	% of Group’s share
BIPROMET S.A.	Katowice	100	100
CBJ sp. z o.o.	Lubin	100	100
CENTROZŁOM WROCŁAW S.A.	Wrocław	100	100
CUPRUM Zdrowie sp. z o.o. (formerly CUPRUM Nieruchomości sp. z o.o.)	Wrocław	100	100
„Energetyka” sp. z o.o.	Lubin	100	100
Fundusz Hotele 01 Sp. z o.o.	Wrocław	100	100
Fundusz Hotele 01 Sp. z o.o. S.K.A.	Wrocław	100	100
INOVA Spółka z o.o.	Lubin	100	100
INTERFERIE S.A.	Legnica	–	69.71
Interferie Medical SPA Sp. z o.o.	Legnica	–	90.12
KGHM CUPRUM sp. z o.o. – CBR	Wrocław	100	100
CUPRUM Development sp. z o.o.	Wrocław	100	100
KGHM Kupfer AG	Weißwasser	100	100
KGHM VII FIZAN	Wrocław	–	100
KGHM Metraco S.A.	Legnica	100	100
KGHM (SHANGHAI) COPPER TRADING CO., LTD.	Shanghai	100	100
KGHM TFI S.A.	Wrocław	100	100
KGHM ZANAM S.A.	Polkowice	100	100
„MIEDZIOWE CENTRUM ZDROWIA” S.A.	Lubin	100	100
NITROERG S.A.	Bieruń	87.12	87.12
NITROERG SERWIS Sp. z o.o.	Wilków	87.12	87.12
PeBeKa S.A.	Lubin	100	100
MERCUS Logistyka sp. z o.o.	Polkowice	100	100
PHU „Lubinpex” Sp. z o.o.	Lubin	100	100
Future 1 Sp. z o.o.	Lubin	100	100
KGHM Centrum Analityki Sp. z o.o.	Lubin	100	100
Future 3 Sp. z o.o.	Lubin	100	100
Future 4 Sp. z o.o.	Lubin	100	100
Future 5 Sp. z o.o.	Lubin	100	100
Future 7 Sp. z o.o. in liquidation	Lubin	–	100
PMT Linie Kolejowe Sp. z o.o.	Owczary	100	100
POL-MIEDŹ TRANS Sp. z o.o.	Lubin	100	100
Polska Grupa Uzdrowisk Sp. z o.o.	Wrocław	100	100
Uzdrowisko Cieplice Sp. z o.o.-Grupa PGU	Jelenia Góra	98.85	98.85
Uzdrowiska Kłodzkie S.A. – Grupa PGU	Polanica Zdrój	100	100
Uzdrowisko Połczyn Grupa PGU S.A.	Połczyn Zdrój	100	100
Uzdrowisko Świeradów-Czerniawa Sp. z o.o.-Grupa PGU	Świeradów Zdrój	99.4	99.4
WMN „ŁABĘDY” S.A.	Gliwice	84.98	84.98
WPEC w Legnicy S.A.	Legnica	100	100
Zagłębie Lubin S.A.	Lubin	100	100
OOO ZANAM VOSTOK	Gaj (Russia)	100	100
TUW Cuprum	Lubin	99.49	100

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Company	Head office	% of Group’s share
Company	Head office	As at 31 December 2022	As at 31 December 2022
KGHM INTERNATIONAL LTD. Group
KGHM INTERNATIONAL LTD.	Canada	100	100
KGHM AJAX MINING INC.	Canada	80	80
Sugarloaf Ranches Ltd.	Canada	80	80
KGHMI HOLDINGS LTD.	Canada	100	100
Quadra FNX Holdings Chile Limitada	Chile	100	100
Aguas de la Sierra Limitada	Chile	100	100
Quadra FNX FFI S.à r.l.	Luxembourg	100	100
Robinson Holdings (USA) Ltd.	USA	100	100
Wendover Bulk Transhipment Company	USA	100	100
Robinson Nevada Mining Company	USA	100	100
Carlota Holdings Company	USA	100	100
Carlota Copper Company	USA	100	100
FNX Mining Company Inc.	Canada	100	100
DMC Mining Services Ltd.	Canada	100	100
Quadra FNX Holdings Partnership	Canada	100	100
DMC Mining Services Mexico, S.A. de C.V. (formerly Raise Boring Mining Services, S.A. de C.V.)	Mexico	100	100
FNX Mining Company USA Inc.	USA	100	100
DMC Mining Services Corporation	USA	100	100
Centenario Holdings Ltd.	Canada	100	100
Minera Carrizalillo SpA	Chile	100	100
KGHM Chile SpA	Chile	100	100
FRANKE HOLDINGS LTD.	Canada	100	100
Sociedad Contractual Minera Franke	Chile	–	100
0899196 B.C. Ltd.	Canada	100	100
DMC Mining Services (UK) Ltd.	The United Kingdom	100	100
DMC Mining Services Colombia SAS	Colombia	100	100
DMC Mining Services Chile SpA	Chile	100	100

Changes in the organisational structure of the KGHM Polska Miedź S.A. Group

As a result of the reorganisation process of the Group, which was advanced in the second half of 2022, the following events took place within the portfolio companies of the KGHM VII FIZAN Fund:

on 20 July 2022, the Extraordinary Shareholders’ Meeting of the direct subsidiary CUPRUM Nieruchomości sp. z o.o. increased the share capital of this entity by the amount of PLN 368 million. All of the shares in the increased share capital were acquired by KGHM Polska Miedź S.A. At the same time, the name of the company was changed from CUPRUM Nieruchomości sp. z o.o. to CUPRUM Zdrowie sp. z o.o.;
from 27 July to 1 August 2022, KGHM VII FIZAN carried out sales to the company CUPRUM Nieruchomości sp. z o.o. of shares in all portfolio companies of the Fund, including four spa companies: Uzdrowiska Kłodzkie S.A. – Grupa PGU, Uzdrowisko Połczyn Grupa PGU S.A., Uzdrowisko Cieplice Sp. z o.o. – Grupa PGU, Uzdrowisko Świeradów – Czerniawa Sp. z o.o. – Grupa PGU;
following the reorganisation, KGHM VII FIZAN acquired from KGHM Polska Miedź S.A., on the Parent Entity’s demand, 100% of Investment Certificates of the Fund for the amount of PLN 367 million and on 22 November 2022, KGHM VII FIZAN was liquidated.

Changes in the organisational structure of the KGHM Polska Miedź S.A. Group

Diagram of the KGHM Polska Miedź S.A. Group as at 31 December 2022