Gremi Media Spolka Akcyjna

Major Shareholding Notification • Jul 16, 2020

Aston Fallen

("Notifying Person")

July 16, 2020

Gremi Media SA / KNF

1.

In accordance with Article 69 Section 1 and Article 69a of the Act of 29 July 2005 on Public Offering, Conditions Governing the Introduction of Financial Instruments to Organized Trading, and Public Companies (i.e. Journal of Laws of 2019, Item 623, as amended; hereinafter referred to as the "Act on Public Offering"), Notifying Person hereby notifies on exceeding 5% of votes at the General Meeting of Gremi Media S.A. ("the Company")

II.

On July 10, 2020, entity controlled by the Notifying Person - C2A2 Corp. AG with its registered office in Chemin de la Cheneau 9, 1276 Gingins, Switzerland acquired 100% shares in Facebank AG with its registered office in Basel (Switzerland) which subsidiary - FBNK Finance S.a. r.l. with its registered office in Luxembourg - owns 100% shares in Digital Investment Platform S.a r.l. with its registered office in Luxembourg, which holds 114,000 series B shares in Gremi Media S.A. ("the Transaction"), representing 6.67% of the share capital and giving 5.01% of votes at the General Meeting of Gremi Media S.A.

III.

Prior to the Transaction Notifying Person held no shares in the Company.

IV.

After the Transaction, the Notifying Person holds indirectly, through its subsidiary Digital Investment Platform S.a r.l. 114,000 series B shares in Gremi Media S.A, representing 6.67% of the share capital and giving 5.01% of votes at the General Meeting of the Company.

V.

There are no subsidiaries other than those indicated above (i.e. C2A2 Corp. AG and FBNK Finance S.a. r.l. (indirect holders of shares) and Digital Investment Platform S.a r.l. (direct holder of shares) holding the Company's shares.

VI.

In the case of the Notifying Person there are no persons referred to in Article 87.1 point 3 letter c) of the Act on Public Offering.

VII.

Notifying Person has no financial instruments referred to in Article 69b.1 of the Act on Public Offering.

VIII.

The total sum of votes at the Company's General Meeting indicated on the basis of Article 69.4 point 9 of the Act on Public Offering amounts to 114.000 votes, giving 5.01% of votes at the General Meeting of the Company.

.............................................................................................................................................................................. Aston Fallen