Current report no. 64/2020

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 seat in Krakow ("Company") informs that today it has received from IPOPEMA Towarzystwo Funduszy Inwestycyjnych S.A. with its seat in Warsaw ("the Society"), information of October 5, 2020 pursuant to Art. 69 sec. 1 point 1 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 Niepublicznych Assets managed by the Society (" Fund "), shares of the Company, in a transaction carried out on the regulated market on September 29, 2020, settled on October 1, 2020, the Fund's share in the total number of votes in the Company increased above the 10% threshold in the total number of votes in the Company .

Before the above-mentioned event, the Fund owned 23,437,423 shares of the Company, which constituted 9.997% of the share capital of the Company and gave 23,437,423 votes, which constituted 9.997% of the total number of votes at the General Meeting of the Company.

After the above-mentioned event, the Fund holds 23,837,423 shares of the Company, which constitutes 10.167% of the share capital of the Company and gives 23,837,423 votes and constitutes 10.167% 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.