Current report no. 5/2022

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 ("Company") announces that on January 27, 2022 it received from IPOPEMA Towarzystwo Funduszy Inwestycyjnych S.A. with its seat in Warsaw ("the Society"), pursuant to Art. 69 sec. 2 point 1 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"), information that as a result of the acquisition by the fund IPOPEMA 21 FIZ Non-Public Assets managed by the Society ("Fund" ), of the Company's shares in the transaction carried out on the regulated market on January 21, 2022, settled on January 25, 2022, the Fund's share 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 Fund owned 33,464,137 shares of the Company, which constituted 14.27% of the share capital of the Company and gave 33,464,137 votes, which constituted 14.27% of the total number of votes at the General Meeting of the Company.

After the above-mentioned event, the Fund holds 33,514,137 shares of the Company, which constitutes 14.29% of the share capital of the Company and gives 33,514,137 votes and constitutes 14.29% 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.