Current report no. 34/2022

Legal basis: Art. 70 pt 1 of  the Act on Public Offering - acquisition or disposal of a significant block of shares.

Subject: Notification regarding a significant block of shares.

VRG S.A. with its registered office in Kraków (the "Company") announces that on August 19, 2022 it received from IPOPEMA Towarzystwo Funduszy Inwestycyjnych S.A. with its seat in Warsaw ("Society"), pursuant to Art. 69 sec. 1 point 2 of the Act of July 29, 2005 on Public Offering, Conditions Governing the Introduction of Financial Instruments to Organized Trading, and Public Companies (the "Act"), information that as a result of the sale by the fund IPOPEMA 2 FIZ Non-Public Assets managed by the Society ( "Fund"), shares of the Company, in the transaction carried out outside the regulated market on August 17, 2022, the share of the Fund in the total number of votes in the Company decreased below the threshold of 5% in the total number of votes in the Company, as well as the total share of funds managed by the Society in the total number of votes in the Company decreased below the threshold of 20% in the total number of votes in the Company.

Before the above-mentioned event, the IPOPEMA 2 FIZAN fund held 20,344,464 shares of the Company, which constituted 8.68% of the share capital of the Company and gave 20,344,464 votes, which constituted 8.68% of the total number of votes at the general meeting of the Company.

After the above-mentioned event, the IPOPEMA 2 FIZAN fund does not hold any shares of the Company.

Before the above-mentioned event, all the funds managed by the Society held a total of 56,382,601 shares of the Company, which constituted 24.05% of the share capital of the Company and gave 56,382,601 votes, which constituted 24.05% of the total number of votes at the general meeting of the Company.

After the above-mentioned event, all funds managed by the Society hold a total of 36,038,137 shares of the Company, which constitutes 15.37% of the share capital of the Company and gives 36,038,137 votes and constitutes 15.37% of the total number of votes at the general meeting of the Company.

At the same time, the Society informed that the funds managed by the Society did not have the financial instruments referred to in Art. 69b paragraph. 1 of the Act.