Subject:

Announcement of an invitation by H88 S.A. to submit offers to sell the Company’s shares

Legal basis:

Art. 17 sec. 1 MAR – inside information.

Content:

With reference to Current Report No. 11/2019 dated 12 June 2019 concerning the implementation of the share buyback of R22 spółka akcyjna and determination of the unit purchase price and maximum number of shares to be acquired, the Management Board of R22 spółka akcyjna (the “Issuer”, the “Company”, “R22”) hereby announces that in performance of:

– Resolution No. 5 of the Extraordinary General Meeting of R22 spółka akcyjna dated 12 June 2019 on granting consent by the General Meeting of R22 to the acquisition by subsidiary H88 S.A. of R22 own shares and determining the rules for the acquisition of own shares, and

– Resolution No. 12 of the Annual General Meeting of H88 S.A. dated 12 June 2019 on the buyback of R22 shares and creation of reserve capital for the acquisition of R22 shares,

Today, the Management Board of the Issuer’s subsidiary H88 S.A. (“H88”) adopted a resolution determining the detailed rules of the process for acquiring the Issuer’s shares, pursuant to which it approved the content of the invitation to submit offers to sell entitled “Announcement of H88 S.A. concerning an invitation to submit offers to sell shares in R22 S.A.” (the “Invitation”), thereby determining the detailed rules of the process for H88 to acquire the Company’s shares.