Current report No. 1/2019

Legal basis: Art. 17 sect. 1 of the MAR - Confidential information

Consolidated sales revenues and estimated sales margin achieved by the VRG S.A. Capital Group in December 2018.

VRG S.A. joint stock company with its registered office in Cracow ("the Company") informs that the consolidated sales revenues achieved in December 2018 by the Capital Group of the Company amounted to approximately PLN 147.0 million and were higher than revenues earned in December 2017 by approximately 34.0%.

Cumulatively, the value of sales revenues realized in the period January - December 2018 amounted to approximately PLN 804.7 million and was higher by approximately 16.9% than in the corresponding period of the previous year.

At the same time, the Company informs that the revenues from retail sales achieved in December 2018 by the Capital Group of the Company in individual operating segments were as follows:

a) Revenues from retail sales in the clothing segment (Vistula, Wólczanka, Deni Cler, Bytom brands) amounted to approximately PLN 78.1 million (including the Bytom brand PLN 24.3 million) and were higher than revenues earned in December 2017 by approximately 50.1%. Cumulatively, the value of sales revenues realized in the period January - December 2018 in this segment amounted to approximately PLN 452.9 million and was higher by approximately 16.8% than in the same period last year.