Atlantis SE

Share Issue/Capital Change • Dec 14, 2020

ATLANTIS SE (Registry code 14633855, address: Harju maakond, Tallinn, Kesklinna linnaosa, Tornimäe tn 5, 10145, Estonia)

Information to be disclosed in connection with the free offering of shares to existing shareholders

Date of disclosure: 11 December 2020.

Pursuant to Resolution no. 3 of Ordinary General Meeting of Shareholders of ATLANTIS SE of 7 December 2020, the share capital of ATLANTIS SE has been increased through bonus issue by increasing the number of shares from 25 000 000 to 275 000 000. Thus, the share capital was increased by EUR 27 500 000,00 from EUR 2 750 000,00 to EUR 30 250 000,00.

The share capital of ATLANTIS SE after bonus issue will be divided into 275 000 000 (two hundred seventy five million) shares with a book value of EUR 0,11 each.

All shares are of one class and of the same class as the shares already admitted to trading on the same regulated market.

ATLANTIS SE issues 250 000 000 new shares free of charge to existing shareholders, with a book value of EUR 0,11 for each new share.

The purpose of increasing the share capital is to increase the credibility, security and trust towards the Company's contractors. Higher share capital will allow for a dynamic and wider development of the Company. At the same time, the bonus issue in the form of issuing shares to the existing shareholders will allow for remuneration of shareholders who have long-term owners of shares and thus support the Company's development. In addition, the bonus issue will also increase liquidity as Atlantis SE is a public company listed on the Warsaw Stock Exchange, which in turn will attract new investors and push the company to the next level of development