Starhedge S.A.

Report Publication Announcement • May 27, 2020

Changeof publication date of the Periodic Report for the first quarter of 2020.

The Management Board ofStarhedge S.A. with its registered office in Warsaw (hereinafter: the"Issuer" "Company"), with reference to the current report No. 1/2020 of29 January 2020, hereby informs about the change of the date of publicdisclosure news of the individual and consolidated periodic report for2019, which will be published on June 29, 2020.

According to theinformation provided in Current Report No. 1/2020 of 29 January 2020,the original publication date of the individual and consolidated reportwas set at May 29, 2020.

The Management Boarddecided to change the publication date of periodic reports pursuant to §21 para. 1 and 3, issued as part of the Anti-Crisis Shield, Regulationof the Minister of Finance on determining other deadlines for performingcertain reporting and information obligations of April 7, 2020 (Journalof Laws of 2020, item 622) due to the state of the epidemic caused by inparticular by the COVID-19 coronavirus, in particular communication withstatutory auditors difficult in connection with this, change ofprocedures regarding persons involved in the audit process, as well ascooperation in the scope of auditing of subsidiaries limited by theeffects of a pandemic.

Inaccordance with ESMA recommendations, the Issuer, in its periodicreports, is trying to ensure transparency of information about theactual and potential effects of the COVID-19 Coronavirus, to the extentpossible based on a qualitative and quantitative analysis of itsbusiness, financial condition and financial results.

If, during the financialperiod, the issuer notices significant changes in revenues or costscompared to previous periods, it will also assess such data in thecontext of confidential information.Atthe same time, we would like to inform you that the Company shares thePosition of the Association of Stock Exchange Issuers that communicationwith investors regarding information about the situation in the companyin the context of a coronavirus, which is not confidential information,can and should be conducted through other media, including the issuer'swebsite.

Other dates andinformation indicated in current report no. 1/2020 do not change as oftoday.

Detailed legal basis:

§21 section 1 and 3 of theRegulation of the Minister of Finance on determining other deadlines forperforming certain reporting and information obligations of April 7,2020 (Journal of Laws of 2020, item 622) in conjunction from § 80 clause2 of the Regulation of the Minister of Finance of 29 March 2018 oncurrent and periodic information published by issuers of securities andconditions for recognizing as equivalent information required by thelaws of a non-member state.