Current report no. 18/2020

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

Subject: Closing of planned acquisition projects on foreign markets

The Management Board of VRG S.A. with its registered office in Cracow (the "Company") in connection with the current report of August 27, 2018 No. 43/2018, in which the Company provided information on the signing by the subsidiary company of W.KRUK SA on August 27, 2018 of a letter of intent with potential sellers of shares in companies Klenoty Aurum s.r.o. based in the Czech Republic and Montre s.r.o. with its registered office in Slovakia regarding acquisition projects on foreign markets,  informs about the adoption on 30 March 2020 of a resolution by the subsidiary's Supervisory Board about the closure of these projects without their implementation.