Huuuge Inc.

Declaration of Voting Results & Voting Rights Announcements • Feb 17, 2021

1.Start and end dates of thesubscription or sale

Start and end dates of subscriptions for theRetail Investors: January 28 - February 3, 2021.

Start and end dates of subscriptions for theInstitutional Investors: January 27, 2021 - February 4, 2021.

2.Date of allotment of securities

February 10, 2021

3.Number of securities subscribedfor or sold

33,316,686 Offer Shares, including 22,016,586Sale Shares and 11,300,100 New Shares.

4.Reduction rate

The reduction covered only subscriptions forthe New Shares offered to the Retail Investors. The reduction rate forsubscriptions made by the Retail Investors was 96.96%.

5.Number of securities subscribedfor in subscription or sale

In the Offering, subscriptions were submittedfor 86,388,521 Offer Shares in total, including subscriptions for54,737,669 Offer Shares submitted by the Retail Investors andsubscriptions for 31,650,852 Offer Shares submitted by the InstitutionalInvestors.

6.Number of securities allotted inthe subscription or sale

In connection with the Offering, the Issuerallotted 33,316,686 Offer Shares, i.e., 11,300,100 New Shares and22,016,586 Sale Shares, in the following manner: (i) 1,665,834 OfferShares were allotted to the Retail Investors, with the Retail Investorsbeing allotted the New Shares only; (ii) 31,650,852 Offer Shares wereallotted to the Institutional Investors, with Institutional Investorsbeing allotted both the Sale Shares and New Shares.

7.Price at which the securitieswere taken up (purchased)

The Offer Shares were purchased at the maximumprice indicated in the Prospectus, i.e., PLN 50 per Offer Share.

8.Number of persons who havesubscribed for the securities in subscription or sale

Subscriptions for the Offer Shares weresubmitted by 20,329 Retail Investors and 125 Institutional Investors.

9.Number of persons to whom thesecurities were allotted in subscription or sale

In connection with the Offering, the Issuerallotted the Offer Shares to 20,329 Retail Investors and 125Institutional Investors.

10.The names of the underwriterswho have subscribed for securities in execution of the underwritingagreements, with an indication of the number of securities which theyhave subscribed for, together with the actual price per unit of thesecurity, being the issue or sale price, after deducting theconsideration for subscribing for a unit of the security, in executionof the underwriting agreement, purchased by the underwriter

Underwriters did not acquire any shares in theIssuer in performance of the Underwriting Agreement.

11.The value of subscription or sale

The value of the New Shares subscription,understood as the product of the number of the New Shares offered andthe issue price of the New Shares, was PLN 565,005,000.

The value of the Sale Shares subscription,understood as the product of the number of the Sale Shares offered andthe sale price of the Offer Shares, was PLN 1,100,829,300.

The total value of the Offering was PLN1,665,834,300.

12.The amount of total costs thathave been included in the cost of issuance

As at the date of this report, the Issuer doesnot have information about the final settlement of the issue costs.Those costs will be published in the form of a current report afterreceiving a breakdown and approval of all costs from all the entitiesinvolved in the work on preparation and completion of the Offering.

13.The average cost of conductingthe subscription or sale per unit of the security covered by thesubscription or sale

As at the date of this report, the Issuer doesnot have information about the final settlement of the issue costs andconsequently the average sale cost per Offer Share is not known. Thosecosts will be published in the form of a current report after receivinga breakdown and approval of all costs from all the entities involved inthe work on preparation and completion of the Offering.

14.Method of payment for taken up(purchased) securities

The Offer Shares were paid for in cash.