Current report no. 56/2020

Legal basis: Art. 70 pt 1 of  Ustawa o ofercie (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. joint stock company with its registered office in Cracow ("the Company") informs that it has received from IPOPEMA Towarzystwo Funduszy Inwestycyjnych S.A. with its seat in Warsaw ("the Society"), information of September 8, 2020, sent pursuant to Art. 69 sec. 2 point 1 lit. a and art. 87 sec. 1 point 2 of the Act of 29 July 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 "), shares of the Company, in a transaction carried out on the regulated market on September 2, 2020, settled on On September 4, 2020, the share of funds managed by the Society in the total number of votes in the Company increased by over 2% in the total number of votes in the Company.

Before the above-mentioned event, all funds managed by the Society held a total of 40,202,719 shares of the Company, which constituted 17.15% of the share capital of the Company and gave 40,202,719 votes, which constituted 17.15% of the total number of votes at the general meeting of the Company.

After the aforementioned event, all funds managed by the Society hold a total of 42,827,719 shares of the Company, which constitutes 18.27% of the share capital of the Company and gives 42,827,719 votes and constitutes 18.27% 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. 69 b paragraph. 1 of the Act.