Polski Holding Nieruchomości S.A.

AGM Information • May 25, 2016

Current report No 13/2016 of May 25, 2016

Convening the Ordinary General Meeting of PHN S.A. for June 22, 2016,including draft resolutions

Legal basis: Art. 56.1.2 of the Act on Public Offering - current andperiodical information

The Management Board of Polski Holding Nieruchomości S.A. (the"Company") based in Warsaw, al. Jana Pawła II 12, 00-124 Warszawa,entered to the Register of Entrepreneurs kept by the District Court forthe Capital City of Warsaw, 12th Commercial Division of the NationalCourt Register, under the entry number KRS 0000383595; NIP No. (VAT ID)5252504978, with fully paid-in share capital of PLN 46,722,747, actingunder Article 395.1, 395.2 and 395.5, Article 4021 and Article 399. 1 ofthe Commercial Companies Code, with reference to § 46 of the Company'sArticles of Association, convenes the Ordinary General Meeting of theCompany ("General Meeting") to be held on June 22, 2016 in Warsaw, al.Jana Pawła II 12, 00-124 Warszawa, Kaskada City, at 10:00 AM.

Detailed agenda

1. Opening the General Meeting.2. Electing the Chairperson of theGeneral Meeting.3. Validating the convention of the General Meetingand its capacity to adopt resolutions.4. Adopting the agenda.5.Examining the Management Board's report on the Company's activities in2015, the Company's financial statements for 2015 and the ManagementBoard's motion on 2015 profit distribution.6. Examining theCompany Supervisory Board's review of the financial statements for 2015,the Management Board's report on the Company's activities in 2015, andthe Management Board's motion on 2015 net profit distribution.7.Examining the Management Board's report on the activities of the PolskiHolding Nieruchomości S.A. Group in 2015, and the consolidated financialstatements of the Polski Holding Nieruchomości S.A. Group for 2015.8.Examining the Company Supervisory Board's review of the consolidatedfinancial statements of the Polski Holding Nieruchomości S.A. Group for2015, and of the Management Board's report on the activities of thePolski Holding Nieruchomości S.A. Group in 2015.9. Examiningthe report on the activities of the Company's Supervisory Board in 2015.10.Adopting the resolutions concerning:a) approval of the Company'sfinancial statements for 2015b) approval of the Management Board'sreport on the Company's activities in 2015c) approval of theconsolidated financial statements of the Polski Holding NieruchomościS.A. Group for 2015d) approval of the Management Board's report onthe activities of the Polski Holding Nieruchomości S.A. Group in 2015e)distribution of FY2015 profit and setting the dividend record date anddividend payment datef) granting discharge to Members of theCompany's Management Board for 2015g) granting discharge toMembers of the Company's Supervisory Board for 201511. Closingthe General Meeting.

The Company publicly announces the full content of the Announcement ofthe Management Board of Polski Holding Nieruchomości S.A. for June 22,2016, including draft resolutions and required information and documentsin the attachment to this current report.

Legal basis: Article 38.1.1 and 38.1.3 of the Regulation of Ministerof Finance of February 19, 2009 on current and periodical informationpublished by issuers of securities and the conditions of recognizinginformation required by the regulations of non-member states asequivalent (Journal of Laws 2009 No. 33, item 259, as amended).