Korporacja Gosporadcza Effekt S.A.

M&A Activity • Jun 21, 2022

Second notification of the Shareholdersof the intention to merge the Korporacja Gospodarcza _quot;EFEKT_quot; S.A. basedin Kraków with subsidiaries EFEKT-HOTELE Spółka Akcyjna based in Krakówand _quot;LIDER HOTEL_quot; limited liability company based in Kraków Actingpursuant to Art. 504 §1 of the Commercial Companies Code.Actingpursuant to Art. 504 § 1 and § 2 of the Code of Commercial Companies(CCC), the Management Board of the Korporacja Gospodarcza_quot;EFEKT_quot; SA,with reference to the current report No. 13/2022 of May 26, 2022(containing information on the decision on the intention to merge) andthe current report No. 14/2022 of May 26, 2022 (containing informationon the adoption and publication of the Issuer's Merger Plan) withsubsidiaries), as well as report 15/2022 of May 26, 2022 (containing theFirst Notification of Shareholders of the intention to merge) herebynotifies the Company's Shareholders of the intention to merge for thesecond time:: KORPORACJA GOSPODARCZA _quot;EFEKT_quot; Spółka Akcyjna with itsregistered office in Kraków at ul. Opolska 12, entered into the Registerof Entrepreneurs of the National Court Register under the number KRS0000115403, the documentation of which is kept at the District Court forKraków-Śródmieście in Kraków, XI Commercial Division of the NationalCourt Register, Przy Rondzie 7, 31-547 Kraków, share capital (fullycovered): 4,995,450.00 NIP ID: 6760077402 REGON 1413856 (as theacquiring company - hereinafter: _quot;EFEKT_quot; or _quot; Acquiring Company _quot;) withsubsidiaries:EFEKT-HOTELESpółka Akcyjna based in Kraków and _quot;LIDER HOTEL_quot; limited liabilitycompany based in Kraków.Inconnection with the above, the Management Board of the KorporacjaGospodarcza _quot;EFEKT_quot; S.A. informs that: 1. The merger will take place bytransferring all the assets of the Acquired Company to the AcquiringCompany - merger by acquisition in accordance with Art. 492§1 point 1 ofthe Commercial Companies Code. The detailed rules of merger are set outin the _quot;Merger Plan of the Companies: Korporacja Gospodarcza_quot; EFEKT_quot;Spółka Akcyjna with its registered office in Krakow (as the acquiringcompany): EFEKT-HOTELE S.A. with its seat in Krakow and _quot;LIDER HOTEL_quot;Limited Liability Company with its seat in Krakow (as the acquiredcompany) _quot;, drawn up on May 26, 2022 (hereinafter: the Merger Plan). 2.The Merger Plan was not announced in the Court and Economic Monitorbecause, pursuant to Art. 500§2ą of the Commercial Companies Code, itwas made available on May 26, 2022 free of charge on the website of theAcquiring Company at the following address:http://www.efektsa.pl/plan-polaczenia-spolek.html?1_8_#160;and on the websites of the Companies taken overhttp://www.krakowexpress.pl/upload/home/big/planpolaczenia2022.pdf._#160;andhttp://www.premierkrakowhotel.pl/upload/zasoby_stron/files/planpolaczenia2022.pdfThe Merger Plan wasalso published in the current report No. 14/2022 of May 26, 2022. 3.Pursuant to the provisions of the Merger Plan, the Management Board ofthe Company may prepare a report justifying the merger pursuant to Art.501 of the Commercial Companies Code. 4. Shareholders may familiarizethemselves with the documents specified in Art. 505 §1 of the CommercialCompanies Code (excluding draft amendments to the Articles ofAssociation, expert opinion on the merger plan audit and statements onthe accounting status of the Acquiring Company, which were not preparedin accordance with the provisions of the Merger Plan) at the registeredoffice of the Korporacja Gospodarcza _quot;EFEKT_quot; S.A.. at ul. Opolska 12 inthe city of Krakow and on the website of the Korporacja Gospodarcza_quot;EFEKT_quot; S.A. (www. _quot;Efektsa_quot; .pl) continuously from May 26, 2022 to thedate of adopting the merger resolution.Thisnotification is the second notification.