Digitree Group S.A.

Transaction in Own Shares • Oct 12, 2017

Subject: Acquisition of treasury shares

Current report No. 50/2017

The management board of Pfleiderer Group S.A. (the "Company") informsthat today the Company purchased 3,235,050 (three million two hundredthirty-five thousand fifty) dematerialised ordinary bearer shares issuedby the Company with a nominal value of PLN 0.33 each (the "PurchasedShares").

The purchase of the Purchased Shares was concluded based on aninvitation to submit offers for the sale of the shares in the Companyannounced by the Company on 20 September 2017 (current report No.41/2017 of 20 September 2017) (the "Invitation").

The price for the Purchased Shares is uniform and amounts to PLN 47(forty-seven zlotys) per one share and the total price for all of theshares is PLN 152,047,350 (one hundred fifty-two million forty-seventhousand three hundred fifty).

The total nominal value of the Purchased Shares is PLN 1,067,566.50 (onemillion sixty-seven thousand five hundred sixty-six and 50/100),representing approximately 5% of the Company's share capital. ThePurchased Shares entitle the holder thereof to a total of approximately5% of the votes at the general meeting of the Company which representsapproximately 5% of the overall number of votes in the Company, providedthat, in accordance with Article 364 § 2 of the Commercial CompaniesCode, the Company does not exercise the voting rights attached to thetreasury shares.

The total number of shares submitted by the shareholders for sale underthe Invitation is 20,468,503 (twenty million four hundred sixty-eightthousand five hundred three) shares. Since the total number of sharessubmitted by the shareholders for sale under the Invitation exceeded thenumber of shares that the Company intended to buy based on theInvitation, i.e. 3,235,050 shares, the number of shares to be purchasedfrom the individual shareholders was established based on the rules ofreduction described in detail in section 8 of the Invitation. Thereduction rate is 84.2%.

The Purchased Shares are purchased pursuant to Article 362 § 1(8) of theCommercial Companies Code in connection with the implementation of thetreasury share repurchase programme approved under resolution No. 9 ofthe Company's Annual General Meeting of the Shareholders dated 21 June2017 on the approval of a treasury share repurchase programme and theestablishment of a capital reserve for the purpose of such programme(current report No. 33/2017 of 21 June 2017) (the "AuthorisationResolution").

Provided that all of the required corporate consents are obtained, thePurchased Shares will be offered to eligible individuals under incentiveplans that have been or will be adopted at the Company. If approved bythe supervisory board of the Company, the Purchased Shares can be usedfor any other purpose set out in the Authorisation Resolution.

Apart from the Purchased Shares, the Company does not have any treasuryshares issued by the Company.

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This report was made pursuant to Article 56(1)(2) of the Act of 29 July2005 on public offering, conditions governing the introduction offinancial instruments to organised trading, and public companies(consolidated text: Journal of Laws of 2016, item 1639, as amended) and§5(1)(6) of the Regulation of the Minister of Finance of 19 February2009 on current and interim reports submitted by issuers of securitiesand the terms of considering as equivalent any information requiredunder the laws of a non-member state (Consolidated text: Journal of Lawsof 2014, item 133).

12.10.2017