Manydev Studio SE

AGM Information • Jun 30, 2022

"Resolution No. 1

of the Ordinary General Meeting

of ManyDev Studio SE with its registered office in Warsaw

dated June 30, 2022

on electing the Chairman of the Ordinary General Meeting

Acting pursuant to art. 409 § 1 of the Commercial Companies Code, the Ordinary General Meeting of the Company hereby decides:

§ 1

To elect as Chairman of the Ordinary General Meeting of the Company to be held on June 30, 2022, Ms. Magdalena Treger .

§ 2

The resolution shall become effective upon adoption."

After the vote, the Opening Officer of the Meeting stated that the resolution was adopted by secret ballot and the number of shares from which valid votes were cast was: 9,686,206, representing 46.12% in the share capital, and the votes on the resolution were:

- a total of 9,686,206 valid votes, - "for" the resolution - 9,686,206 votes, - "against" - 0 votes, - "abstentions" - 0 votes.

"Resolution No. 2

of the Ordinary General Meeting

of ManyDev Studio SE with its registered office in Warsaw

dated June 30, 2022

on approval of the agenda of the Ordinary General Meeting

The Ordinary General Meeting of the Company resolves as follows:

§ 1

• 1. Opening of the Meeting;
• 1. Electing the Chairperson of the Meeting;
• 1. Confirmation of the correctness of convening the General Meeting and its capacity to adopt binding resolutions.
• 1. Approval of the agenda of the Meeting.
• 1. Consideration of the following presented by the Management Board:
  2. 1) The Management Board's report on the Company's acitivities;
  3. 2) Financial statements of the Company for the year ended 31st of December 2021;
  4. 3) motion of the Management Board concerning coverage of the net loss for 2021;
• 1. Examination of the report presented by the Supervisory Board;
  2. 1) Report on the activities of the Supervisory Board in the financial year 2021.
• 1. Consideration of proposals of the Supervisory Board regarding:
  2. 1) Approval of the report of the Management Board on the Company's activities;
  3. 2) Approval of the Company's financial statements for the year ended 31st of December 2021;
  4. 3) Adopting a resolution on covering the loss in accordance with the proposal of the Management Board;
  5. 4) Granting a vote of acceptance to members of the Company's Management Board and Supervisory Board confirming the discharge of their duties for the financial year 2021.
• 1. Adoption of resolutions regarding:
  2. 1) The continuation of existence of the Company;
  3. 2) Approval of the Management Board report on the operations of ManyDev Studio SE for the financial year ended 31st of December 2021;
  4. 3) Approval of the Company's financial statements for the financial year ended 31st of December 2021;
  5. 4) Approval of the Supervisory Board's report on its activities in 2021;
  6. 5) Covering the net loss for the financial year 2020;
  7. 6) Covering the net loss for the financial year 2021;
  8. 7) Granting acknowledgement of the fulfilment of duties by individual Members of the Company's Management Board in the financial year 2021;
  9. 8) Granting acknowledgement of the fulfilment of duties to individual Members of the Company's Supervisory Board in respect of the financial year 2021;
  10. 9) Issuing an opinion on the report on remuneration of the Company's Management Board and Company's Supervisory Board covering the financial year 2021.
  11. 10) adopting the remuneration policy;
  12. 11) amending Resolution No. 16 of the Ordinary General Meeting of Shareholders of the Company dated 30 June 2021 regarding determination of principles and amounts of remuneration of Members of the Supervisory Board of the Company.
• 1. Closing of the Meeting

§ 2

The resolution shall become effective upon adoption."

After the vote, the Chairperson of the Meeting stated that the resolution was adopted by open vote and the number of shares from which valid votes were cast was: 9,686,206, representing 46.12% in the share capital, and votes were cast on the resolution:

- a total of 9,686,206 valid votes, - "for" the resolution - 9,686,206 votes, - "against" - 0 votes, - "abstentions" - 0 votes.

"Resolution No. 3

of the Ordinary General Meeting

of ManyDev Studio SE with its registered office in Warsaw

dated June 30, 2022

on the continuation of existence of the company

§1

Acting pursuant to Article 397 of the Commercial Companies Code, in the view of the prepared by the Management Board balance sheet disclosing a loss exceeding the sum of the capital reserves and

provisions and one-third of the share capital, the Ordinary General Meeting resolves that the Company shall continue to exist.

§2

The resolution shall become effective upon adoption."

After the vote, the Chairperson of the Meeting stated that the resolution was adopted by open vote and the number of shares from which valid votes were cast was: 9,686,206, representing 46.12% in the share capital, and votes were cast on the resolution:

- a total of 9,686,206 valid votes, - "for" the resolution - 9,686,206 votes, - "against" - 0 votes, - "abstentions" - 0 votes.

"Resolution No. 4

of the Ordinary General Meeting

of ManyDev Studio SE with its registered office in Warsaw

dated June 30, 2022

on the approval of the Board of Directors' report on the activities of ManyDev Studio SE for the financial year ended 31 December 2021.

Acting in virtue of art. 395 § 2 item 1) of Commercial Companies Code and § 33 par. 1 item 2) of the Company Statute, the Ordinary General Meeting of the Company adopts the following resolution:

§ 1

The management report of ManyDev Studio SE for the period from 1 January 2021 to 31 December 2021, including the Board of Directors' report on the Company's activities for 2021, is hereby approved.

§ 2

The resolution shall become effective upon adoption."

After the vote, the Chairperson of the Meeting stated that the resolution was adopted by open vote and the number of shares from which valid votes were cast was: 9,686,206, representing 46.12% in the share capital, and votes were cast on the resolution:

- a total of 9,686,206 valid votes, - "for" the resolution - 9,686,206 votes, - "against" - 0 votes, - "abstentions" - 0 votes.

"Resolution No. 5

of the Ordinary General Meeting

of ManyDev Studio SE with its registered office in Warsaw

dated June 30, 2022

on the approval of the Company's financial statements for the fiscal year ended December 31, 2021.

Acting pursuant to art. 395 § 2 point 1) of the Commercial Companies Code and art. 53 section 1 of the Accounting Act of 29 September 1994 and § 33 section 1 point 2) of the Company's Articles of Association, the Ordinary General Meeting resolves as follows:

§ 1

The financial statements of the Company for the fiscal year ended December 31, 2021, including:

• 1) statement of financial position prepared as at 31 December 2021, which on the assets and liabilities side shows the amount of PLN 673,083.39 thousand (six hundred seventy-three thousand eighty-three zlotys 39/100),
• 2) a financial statement of comprehensive income for the financial year from 1 January 2021 to 31 December 2021, which discloses a net loss of PLN (-) 563,692.82 thousand (in words: five hundred and sixty-three thousand six hundred and ninety-two zloty 82/100), and a comprehensive loss of PLN (-) 563,692.82 thousand (in words: five hundred and sixty-three thousand six hundred and ninety-two zloty 82/100),
• 3) statement of changes in equity for the financial year from 1 January 2021 to 31 December 2021, which discloses an increase in equity by PLN 637,955.18 (six hundred and thirty-seven thousand nine hundred and fifty-five zloty 18/100),
• 4) cash flow statement for the financial year from 1 January 2021 to 31 December 2021, which shows an increase in cash by PLN 141,628.92 (in words: one hundred and forty-one thousand six hundred and twenty-eight Polish zloty and 92/100),
• 5) additional information on the adopted accounting principles (policy) and other explanatory information.

§ 2

The resolution shall become effective upon adoption."

After the vote, the Chairperson of the Meeting stated that the resolution was adopted by open vote and the number of shares from which valid votes were cast was: 9,686,206, representing 46.12% in the share capital, and votes were cast on the resolution:

- a total of 9,686,206 valid votes, - "for" the resolution - 9,686,206 votes, - "against" - 0 votes, - "abstentions" - 0 votes.

"Resolution No. 6

of the Ordinary General Meeting

of ManyDev Studio SE with its registered office in Warsaw

dated June 30, 2022

on approval of the report of the Supervisory Board on its activities in 2021

The Ordinary General Meeting of the Company, having reviewed the report of the Company's Supervisory Board on the activities of the Supervisory Board in 2021, including:

• 1) assessment of the financial statements of ManyDev Studio SE for the financial year ended 31 December 2021 and the report of the Board of Directors on the activities of ManyDev Studio SE in 2021 in terms of their conformity with the books and documents as well as with the facts;
• 2) A detailed report on the activities of the Supervisory Board in 2021;
• 3) Recommendations to the Ordinary General Meeting;

resolves to approve this report.

§ 2

The resolution shall become effective upon adoption."

After the vote, the Chairperson of the Meeting stated that the resolution was adopted by open vote and the number of shares from which valid votes were cast was: 9,686,206, representing 46.12% in the share capital, and votes were cast on the resolution:

- a total of 9,686,206 valid votes, - "for" the resolution - 9,686,206 votes, - "against" - 0 votes, - "abstentions" - 0 votes.

"Resolution No. 7

of the Ordinary General Meeting

of ManyDev Studio SE with its registered office in Warsaw

dated June 30, 2022

concerning coverage of the net loss for the financial year 2020

Acting in virtue of art. 395 § 2 point 2) and art. 348 § 4 of Commercial Companies Code and § 28 point 2) of the Company Statute, the Ordinary General Meeting of the Company adopts the following resolution:

§ 1

The Ordinary General Meeting of the Company resolves that the Company's net loss for the financial year ended 31 December 2020 in the amount of PLN (-) 203,691.23 (two hundred and three thousand six hundred and ninety-one 23/100) shall be covered from the profit of future years.

§ 2

The resolution shall become effective upon adoption."

After the vote, the Chairperson of the Meeting stated that the resolution was adopted by open vote and the number of shares from which valid votes were cast was: 9,686,206, representing 46.12% in the share capital, and votes were cast on the resolution:

- a total of 9,686,206 valid votes, - "for" the resolution - 9,686,206 votes, - "against" - 0 votes, - "abstentions" - 0 votes.

"Resolution No. 8

of the Ordinary General Meeting

of ManyDev Studio SE with its registered office in Warsaw

dated June 30, 2022

concerning coverage of the net loss for the financial year 2021

Acting in virtue of art. 395 § 2 point 2) and art. 348 § 4 of Commercial Companies Code and § 28 point 2) of the Company Statute, the Ordinary General Meeting of the Company adopts the following resolution:

§ 1

The Ordinary General Meeting of the Company resolves that the Company's net loss for the financial year ended 31 December 2021 in the amount of (-) PLN 563,692.82 thousand (in words: five hundred and sixty-three thousand six hundred and ninety-two zlotys 82/100) shall be covered by profit from future years.

§ 2

The resolution shall become effective upon adoption."

After the vote, the Chairperson of the Meeting stated that the resolution was adopted by open vote and the number of shares from which valid votes were cast was: 9,686,206, representing 46.12% in the share capital, and votes were cast on the resolution:

- a total of 9,686,206 valid votes, - "for" the resolution - 9,686,206 votes, - "against" - 0 votes, - "abstentions" - 0 votes.

"Resolution No. 9

of the Ordinary General Meeting

of ManyDev Studio SE with its registered office in Warsaw

dated June 30, 2022

on granting a vote of acceptance to Ms Agnieszka Gujgo, Member of the Supervisory Board delegated to perform the duties of President of the Management Board, confirming the discharge of her duties as President of the Management Board of the Company for the financial year 2021

Acting in virtue of art. 395 § 2 point 3) of Commercial Companies Code and § 28 point 3) of the Company Statute, the Ordinary General Meeting of the Company adopts the following resolution:

§ 1

Ms Agnieszka Gujgo, Member of the Supervisory Board delegated to perform the duties of President of the Management Board, is hereby granted a vote of acceptance for the performance of her duties in the period from 1 January 2021 to 4 February 2021.

§ 2

The resolution shall become effective upon adoption."

After the vote, the Chairperson of the Meeting stated that the resolution was adopted by open vote and the number of shares from which valid votes were cast was: 9,686,206, representing 46.12% in the share capital, and votes were cast on the resolution:

- a total of 9,686,206 valid votes, - "for" the resolution - 9,686,206 votes, - "against" - 0 votes, - "abstentions" - 0 votes.

"Resolution No. 10

of the Ordinary General Meeting

of ManyDev Studio SE with its registered office in Warsaw

dated June 30, 2022

on granting a vote of acceptance to Mr. Bartłomiej Bartula, President of the Management Board, for the fulfillment of his duties, in the financial year 2021

Acting in virtue of art. 395 § 2 point 3) of Commercial Companies Code and § 28 pint 3) of the Company Statute, the Ordinary General Meeting of the Company adopts the following resolution:

§ 1

Mr. Bartłomiej Bartula is hereby granted a vote of acceptance for the performance of the duties of President of the Management Board of the Company within the period from 4 February 2021 to 31 December 2021.

§ 2

The resolution shall become effective upon adoption."

After the vote, the Chairperson of the Meeting stated that the resolution was adopted by open vote and the number of shares from which valid votes were cast was: 9,686,206, representing 46.12% in the share capital, and votes were cast on the resolution:

- a total of 9,686,206 valid votes, - "for" the resolution - 9,686,206 votes, - "against" - 0 votes, - "abstentions" - 0 votes.

"Resolution No. 11

of the Ordinary General Meeting

of ManyDev Studio SE with its registered office in Warsaw

dated June 30, 2022

on granting the vote of acceptance to Mr. Kamil Konrad Koralewski, Deputy Chairman of the Supervisory Board, for performance of his duties in the financial year 2021

Acting in virtue of art. 395 § 2 point 3) of Commercial Companies Code and § 28 point 3) of the Company Statute, the Ordinary General Meeting of the Company adopts the following resolution:

Mr. Kamil Konrad Koralewski is hereby granted a vote of acceptance for the fulfillment of duties of the Deputy Chairman of the Supervisory Board of the Company within the period from 1 January 2021 to 3 February 2021.

§ 2

The resolution shall become effective upon adoption."

After the vote, the Chairperson of the Meeting stated that the resolution was adopted by open vote and the number of shares from which valid votes were cast was: 9,686,206, representing 46.12% in the share capital, and votes were cast on the resolution:

- a total of 9,686,206 valid votes, - "for" the resolution - 9,686,206 votes, - "against" - 0 votes, - "abstentions" - 0 votes.

"Resolution No. 12

of the Ordinary General Meeting

of ManyDev Studio SE with its registered office in Warsaw

dated June 30, 2022

on granting a vote of acceptance to Ms. Ina Patrowicz for performance of her duties of Supervisory Board Member of the Company in the financial year 2021

Acting in virtue of art. 395 § 2 point 3) of Commercial Companies Code and § 28 point 3) of the Company Statute, the Ordinary General Meeting of the Company adopts the following resolution:

§ 1

Ms. Ina Patrowicz is hereby granted a vote of acceptance of the performance of her duties as a Member of the Supervisory Board of the Company for the period from 1 January 2021 to 3 February 2021.

§ 2

The resolution shall become effective upon adoption."

After the vote, the Chairperson of the Meeting stated that the resolution was adopted by open vote and the number of shares from which valid votes were cast was: 9,686,206, representing 46.12% in the share capital, and votes were cast on the resolution:

- a total of 9,686,206 valid votes, - "for" the resolution - 9,686,206 votes, - "against" - 0 votes, - "abstentions" - 0 votes.

"Resolution No. 13

of the Ordinary General Meeting

of ManyDev Studio SE with its registered office in Warsaw

dated June 30, 2022

on granting a vote of acceptance to Ms Eliza Sylwia Studzińska for performance of her duties of Supervisory Board Member of the Company in the financial year 2021

Acting in virtue of art. 395 § 2 point 3) of Commercial Companies Code and § 28 point 3) of the Company Statute, the Ordinary General Meeting of the Company adopts the following resolution:

§ 1

Ms. Eliza Sylwia Studzińska is hereby granted a vote of acceptance of performance of her duties as a Member of the Supervisory Board of the Company for the period from 1 January 2021 to 3 February 2021.

§ 2

The resolution shall become effective upon adoption."

After the vote, the Chairperson of the Meeting stated that the resolution was adopted by open vote and the number of shares from which valid votes were cast was: 9,686,206, representing 46.12% in the share capital, and votes were cast on the resolution:

- a total of 9,686,206 valid votes, - "for" the resolution - 9,686,206 votes, - "against" - 0 votes, - "abstentions" - 0 votes.

"Resolution No. 14

of the Ordinary General Meeting

of ManyDev Studio SE with its registered office in Warsaw

dated June 30, 2022

on granting a vote of acceptance to Mr. Damian Patrowicz the Member of the Supervisory Board of the Company in the financial year of 2021

Acting in virtue of art. 395 § 2 point 3) of Commercial Companies Code and § 28 point 3) of the Company Statute, the Ordinary General Meeting of the Company adopts the following resolution:

§ 1

Mr. Damian Patrowicz is hereby granted a vote of acceptance the fulfillment of duties of the Member of the Supervisory Board of the Company within the period from 1 January 2021 to 3 February 2021.

§ 2

The resolution shall become effective upon adoption."

After the vote, the Chairperson of the Meeting stated that the resolution was adopted by open vote and the number of shares from which valid votes were cast was: 9,686,206, representing 46.12% in the share capital, and votes were cast on the resolution:

- a total of 9,686,206 valid votes, - "for" the resolution - 9,686,206 votes, - "against" - 0 votes, - "abstentions" - 0 votes.

"Resolution No. 15

of the Ordinary General Meeting

of ManyDev Studio SE with its registered office in Warsaw

dated June 30, 2022

on granting a vote of acceptance to Mr. Bartłomiej Kurylak, for performance of his duties of Member of the Supervisory Board, in the financial year 2021

Acting in virtue of art. 395 § 2 point 3) of Commercial Companies Code and § 28 point 3) of the Company Statute, the Ordinary General Meeting of the Company adopts the following resolution:

§ 1

Mr. Bartłomiej Kurylak is hereby granted a vote of acceptance for the fulfillment of duties of the Member of the Supervisory Board of the Company within the period from 3 February 2021 to 31 December 2021.

§ 2

The resolution shall become effective upon adoption."

After the vote, the Chairperson of the Meeting stated that the resolution was adopted by open vote and the number of shares from which valid votes were cast was: 9,686,206, representing 46.12% in the share capital, and votes were cast on the resolution:

- a total of 9,686,206 valid votes, - "for" the resolution - 9,686,206 votes, - "against" - 0 votes, - "abstentions" - 0 votes.

"Resolution No. 16

of the Ordinary General Meeting

of ManyDev Studio SE with its registered office in Warsaw

dated June 30, 2022

on granting a vote of acceptance to Mr. Marcin Wenus for performance of his duties of Supervisory Board Chairman in the financial year 2021

Acting in virtue of art. 395 § 2 point 3) of Commercial Companies Code and § 28 point 3) of the Company Statute, the Ordinary General Meeting of the Company adopts the following resolution:

§ 1

Mr. Marcin Wenus is hereby granted a vote of acceptance to perform the duties of Chairman of the Supervisory Board of the Company within the period from 3 February 2021 to 31 December 2021.

§ 2

The resolution shall become effective upon adoption."

After the vote, the Chairperson of the Meeting stated that the resolution was adopted by open vote and the number of shares from which valid votes were cast was: 9,686,206, representing 46.12% in the share capital, and votes were cast on the resolution:

- a total of 9,686,206 valid votes, - "for" the resolution - 9,686,206 votes, - "against" - 0 votes, - "abstentions" - 0 votes.

"Resolution No. 17

of the Ordinary General Meeting

of ManyDev Studio SE with its registered office in Warsaw

dated June 30, 2022

concerning acknowledgement of the fulfillment of duties by Mr. Robert Pakla, Member of the Supervisory Board, in the financial year 2021

Acting in virtue of art. 395 § 2 point 3) of Commercial Companies Code and § 28 point 3) of the Company Statute, the Ordinary General Meeting of the Company adopts the following resolution:

§ 1

Mr. Robert Pakla is hereby granted a vote of approval of the performance of his duties as a Member of the Supervisory Board of the Company for the period from 3 February 2021 to 31 December 2021.

§ 2

The resolution shall become effective upon adoption."

After the vote, the Chairperson of the Meeting stated that the resolution was adopted by open vote and the number of shares from which valid votes were cast was: 9,686,206, representing 46.12% in the share capital, and votes were cast on the resolution:

- a total of 9,686,206 valid votes, - "for" the resolution - 9,686,206 votes, - "against" - 0 votes, - "abstentions" - 0 votes.

"Resolution No. 18

of the Ordinary General Meeting

of ManyDev Studio SE with its registered office in Warsaw

dated June 30, 2022

on granting a vote of acceptance to Mr. Maksymilian Graś for performance of his duties of Supervisory Board Member in the financial year 2021

Acting in virtue of art. 395 § 2 point 3) of Commercial Companies Code and § 28 point 3) of the Company Statute, the Ordinary General Meeting of the Company adopts the following resolution:

§ 1

Mr Maksymilian Graś is hereby granted a vote of acceptance for the performance of dutes of Member of the Supervisory Board, in the period from 3rd February 2021 to 31st December 2021 is hereby granted.

§ 2

The resolution shall become effective upon adoption."

After the vote, the Chairperson of the Meeting stated that the resolution was adopted by open vote and the number of shares from which valid votes were cast was: 9,686,206, representing 46.12% in the share capital, and votes were cast on the resolution:

- a total of 9,686,206 valid votes, - "for" the resolution - 9,686,206 votes, - "against" - 0 votes, - "abstentions" - 0 votes.

"Resolution No. 19

of the Ordinary General Meeting

of ManyDev Studio SE with its registered office in Warsaw

dated June 30, 2022

concerning acknowledgement of the fulfillment of duties by Mr. Tomasz Stajszczak, Member of the Supervisory Board, in the financial year 2021

Acting in virtue of art. 395 § 2 point 3) of Commercial Companies Code and § 28 point 3) of the Company Statute, the Ordinary General Meeting of the Company adopts the following resolution:

§ 1

Mr. Tomasz Stajszczak is hereby granted a vote of acceptance for the fulfillment of duties of the Member of the Supervisory Board of the Company within the period from 3 February 2021 to 31 December 2021. § 2

The resolution shall become effective upon adoption."

After the vote, the Chairperson of the Meeting stated that the resolution was adopted by open vote and the number of shares from which valid votes were cast was: 9,686,206, representing 46.12% in the share capital, and votes were cast on the resolution:

- a total of 9,686,206 valid votes, - "for" the resolution - 9,686,206 votes, - "against" - 0 votes, - "abstentions" - 0 votes.

"Resolution No. 20

of the Ordinary General Meeting

of ManyDev Studio SE with its registered office in Warsaw

dated June 30, 2022

on issuing an opinion concerning the report on remuneration of the members of the Management Board and the Supervisory Board of ManyDev Studio SE for the year 2021

§ 1

The Ordinary General Meeting of the Company, acting pursuant to Article 395 § 2(1) of the Commercial Companies Code in connection with Article 90g(6) of the Act of 29 July 2005 on Public Offering, Conditions Governing the Introduction of Financial Instruments to Organised Trading, and Public Companies (Journal of Laws of 2020, item 2080) expresses its positive opinion on the Supervisory Board's Report on the remuneration of the Management Board and Supervisory Board of ManyDev Studio SE for the financial year 2021.

§ 2

The resolution shall become effective upon adoption."

After the vote, the Chairperson of the Meeting stated that the resolution was adopted by open vote and the number of shares from which valid votes were cast was: 9,686,206, representing 46.12% in the share capital, and votes were cast on the resolution:

- a total of 9,686,206 valid votes, - "for" the resolution - 9,686,206 votes, - "against" - 0 votes, - "abstentions" - 0 votes.

"Resolution No. 21

of the Ordinary General Meeting

of ManyDev Studio SE with its registered office in Warsaw

dated June 30, 2022

on the adoption of a remuneration policy

§ 1

The Ordinary General Meeting of the Company, acting pursuant to Article 90e, section 4, sentence 2 of the Act of 29 July 2005 on Public Offering, Conditions Governing the Introduction of Financial Instruments to Organised Trading, and Public Companies (Journal of Laws of 2020, item 2080) resolves to adopt the remuneration policy for the Company's Management Board and Supervisory Board in the wording attached hereto.

§ 2

The resolution shall become effective upon adoption."

13

After the vote, the Chairperson of the Meeting stated that the resolution was adopted by open vote and the number of shares from which valid votes were cast was: 9,686,206, representing 46.12% in the share capital, and votes were cast on the resolution:

- a total of 9,686,206 valid votes, - "for" the resolution - 9,686,206 votes, - "against" - 0 votes, - "abstentions" - 0 votes.

"Resolution No. 22

of the Ordinary General Meeting

of ManyDev Studio SE with its registered office in Warsaw

dated June 30, 2022

regarding amendment to Resolution No. 16 of the Ordinary General Meeting of Shareholders of the Company dated June 30, 2021 on determination of principles and amounts of remuneration of Members of the Supervisory Board of the Company

Acting pursuant to Article 392 § 1 of the Commercial Companies Code and § 23 Section 7 of the Company's Articles of Association, the Ordinary General Meeting amends Resolution No. 16 of the Ordinary General Meeting of the Company dated June 30, 2021 regarding the determination of principles and amounts of remuneration for the Members of the Company's Supervisory Board by giving it the following new wording

"§ 1

• 1. The Ordinary General Meeting of the Company determines the monthly remuneration for members of the Supervisory Board of the Company in the following amount: 1) Chairman of the Supervisory Board - PLN 600.00 (in words: six hundred PLN) net, 2) Member of the Supervisory Board - PLN 400 (say: four hundred zloty) net.
• 1. Members of the Supervisory Board shall be entitled to the above remuneration from 1 April 2021.
• 1. Members of the Supervisory Board shall be entitled to additional benefits from the Company in the form of insurance against civil liability of persons holding managerial positions.

§ 2

• 1. The remuneration shall be payable in arrears by the 10th day of the month following the month for which the remuneration is due, to the bank account indicated to the Company by the Member of the Supervisory Board; whereas, the remuneration for the period from 1 April 2021 to 31 May 2021 shall be paid on the due date of the remuneration for June 2021.
• 1. The remuneration shall be calculated pro rata to the number of days of the term of office in the event a Board Member is appointed or dismissed during the calendar month.

§ 3

The resolution shall become effective upon adoption."

After the vote, the Chairperson of the Meeting stated that the resolution was adopted by open vote and the number of shares from which valid votes were cast was: 9,686,206, representing 46.12% in the share capital, and votes were cast on the resolution:

- a total of 9,686,206 valid votes, - "for" the resolution - 9,686,206 votes, - "against" - 0 votes, - "abstentions" - 0 votes.