Benefit Systems S.A.

Major Shareholding Notification • Dec 1, 2020

Notification of major shareholding

The Management Board of Benefit Systems S.A. with its registered seat inWarsaw (hereinafter, the "Company") hereby announces that in furtheranceof Article 69 Sec. 1 Item 1) in conjunction with Article 69a Sec. 1 Item3) and Article 87 Sec. 5 Item 1) of Act of 29 July 2005 on PublicOffering, Conditions Governing the Introduction of Financial Instrumentsto Organized Trading, and Public Companies (consolidated text: Journalof Laws 2019, item 623, as amended) (hereinafter, "Act on PublicOffering"), on 30 November 2020, the Management Board of the Companyreceived, from Benefit Invest 2 Corporation with its principal place ofbusiness in the city of Halifax, Nova Scotia, Canada (hereinafter, the"Notifying Party") a notice.

The Notifying Party informed the Company about exceeding, indirectlythrough its subsidiary, 10% of the total number of votes in the Company.

Exceeding by the Notifying Party, indirectly, the threshold of votes inthe Company occurred as a result of obtaining by the Notifying Party thestatus of a dominant entity (within the meaning of Article 4 Item 14) ofthe Act on Public Offering) in Benefit Invest Limited with itsregistered seat in Dublin (hereinafter, "Benefit Invest"), which holds10.38% of the total number of votes in the Company, as a result ofacquiring on 27 November 2020 by the Notifying Party from Ms. AgnieszkaVan Bergh of 120 shares in Benefit Invest (hereinafter, the"Transaction").

The Notifying Party did not hold shares in the Company prior to theTransaction.

After the Transaction the Notifying Party holds indirectly, through itssubsidiary Benefit Invest, 300,421 shares in the Company, constituting10.38% of the shares in the share capital of the Company, representing300,421 votes in the Company, constituting 10.38% in the total number ofvotes in the Company.

Additionally, the Notifying Party informed that:

1. there are no subsidiaries of the Notifying Party (within the meaningof Article 4 Item 15) of the Act on Public Offering), other than BenefitInvest, that hold the shares in the Company;

2. in relation to the Notifying Party there are no persons referred toin Article 87 Sec. 1 Item 3) letter c) of Act on Public Offering, and

3. the Notifying Party is not entitled to votes from the shares of theCompany as referred to in Article 69 Sec. 4 Items 7) - 9) of the Act onPublic Offering, other than as indicated above.