RB: 10/2020
Date: 1 April 2020
Issue of shares under a conditional increase of the Company's share capital
Legal basis: Article 56.1.2 – Current and interim information

Text of the report:

The Management Board of Benefit Systems S.A. (the "Company") hereby informs that on 1 April 2020, 300 E series ordinary bearer shares with nominal value of PLN 1.00 each, issued by the Company in connection with the exercise by eligible person of the rights under H series subscription warrants granted to them as part of the Incentive Scheme for 2017-2020, were recorded on the securities accounts of the eligible person.

Record of dematerialized shares of a publicly traded company on securities accounts is equivalent to the issue of shares within the meaning of Article 451 § 2 of the Commercial Companies Code.

Therefore, after the issue of the above mentioned series E shares, the Company's share capital currently amounts to PLN 2 859 142.00 and is divided into 2 859 142 shares with a nominal value of PLN 1.00 each, including:

• 2 204 842 ordinary bearer A series shares;
• 200 000 ordinary bearer B series shares;
• 150.000 ordinary bearer C series shares;
• 120.000 ordinary bearer D series shares;
• 300 ordinary bearer E series shares;
• 184.000 ordinary bearer F series shares.

The total number of votes resulting from all issued shares of the Company is 2 859 142 votes.

The amount of the conditional increase in the share capital after the issue of the aforementioned E series shares stands currently at PLN 99 700.