Current report no. 47/2021

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  registered office in Krakow ("Company") informs that today it has received from IPOPEMA Towarzystwo Funduszy Inwestycyjnych S.A. with  registered office in Warsaw ("the Society"), information of July 8, 2021, pursuant to Art. 69 sec. 2 point 1 lit. a and art. 87 sec. 1 point 2 lit. a 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"), that as a result of the acquisition by the fund IPOPEMA 21 FIZ Non-Public Assets managed by the Society ("Fund" ), the Company's shares in the transaction carried out on the regulated market on July 6, 2021, settled on July 8, 2021, the share of the Funds managed by the Society in the total number of votes in the Company increased by more than 2% in the total number of votes in the Company.

Before the above-mentioned event, the Funds held 51,726,678 shares of the Company, which constituted 22.06% of the share capital of the Company and gave 51,726,678 votes, which constituted 22.06% of the total number of votes at the general meeting of the Company.

After the above-mentioned event, the Funds hold 52,066,678 shares of the Company, which constitutes 22.21% of the share capital of the Company and gives 52,066,678 votes and constitutes 22.21% 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.