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Benefit Systems S.A.

Major Shareholding Notification Jul 13, 2021

5529_rns_2021-07-13_363ed4d4-715a-4165-8d1b-f7b33fc1494d.html

Major Shareholding Notification

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Notification of exceeding the 5% threshold of total voting rights at theCompany

The Management Board of Benefit Systems S.A. with its registered seat inWarsaw (the "Company") informs that on 13 July 2021 the Company receivedfrom Aviva Powszechne Towarzystwo Emerytalne Aviva Santander S.A. withits registered seat in Warsaw, ("Aviva PTE"), a notification that AvivaOtwarty Fundusz Emerytany Aviva Santander ("Aviva OFE") exceeded thethreshold of 5% of the total number of votes in the Company("Notification") as a result of a transaction of purchasing shares ofthe Company concluded on 8 July 2021 ("Transaction").

The Notification indicates that before settlement of the Transaction on9 July 2021 Aviva OFE held 142,831 Company shares, representing 4.93% ofthe Company's share capital, and 142,831 voting rights at its GeneralMeeting, representing 4.93% of total voting rights.

After execution and settlement of the Transaction on 12 July 2021 AvivaOFE held 156,789 Company shares, representing 5.42% of the Company'sshare capital, and 156,789 voting rights at its General Meeting,representing 5.42% of total voting rights.

At the same time, Aviva OFE informed in the Notification that:

- Aviva OFE does not have any subsidiaries holding the shares of theCompany,

- the situation described in art. 69 Section 4 Point 6 of the Act ofJuly 29, 2005 on Public Offering, Conditions Governing the Introductionof Financial Instruments to Organized Trading, and Public Companies (the"Act") does not occur,

- Aviva OFE does not have any financial instruments referred to in art.69b Section 1 Point 1) and 2) of the Act.

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