Current report no. 54/2021

Legal basis: Article 56 sec. 1 point 2 of the Act on Public Offering - current and periodic information.

Subject: Appointment of the Vice President of the Management Board of the Company

Management Board of VRG S.A. with its registered office in Kraków ("Company") informs that on September 10, 2021, the Supervisory Board of the Company adopted a resolution on appointing Marta Fryzowska to the Management Board of the Company as of January 1, 2022, entrusting her with the position of Vice President of the Management Board.

Mrs. Marta Fryzowska, graduated from the University of Gdańsk, Faculty of Law and Administration, specialization: administration (2001 - 2006). Since 2006, she has been employed at LPP SA, successively as: merchant assistant in the Reserved Men product preparation department (2006 - 2007), junior merchant in the same department (2007 - 2009), merchant and then fashion merchant in the same department (2009 - 2010), product manager in the product preparation department of Reserved Men (2011-2015), and since October 2015 he has been the director of the collection in the product preparation department of Reserved Men. 2010-2011 fashion merchant Cache - Cache, women's clothing (2010-2011) in Beaumanoir.

Mrs Marta Fryzowska made a declaration that she is not a person convicted of crimes mentioned in art. 18 par. 2 of the Commercial Companies Code, does not conduct activities competitive to the Company, does not participate in a company competitive to the Company as a partner in a civil partnership, partnership or as a member of a body of a capital company, and does not participate in any other legal person competing with the Company as a member of its body, and is not entered into to the register of insolvent debtors kept pursuant to the Act on the National Court Register.