Benefit Systems S.A.

Capital/Financing Update • Feb 25, 2025

Report Content Summary of subscription and conditional allotment of series C bonds

In reference to the current report no. 10/2025 of 21 February 2025 ondecision on series C bonds issue by Benefit Systems S.A. with itsregistered seat in Warsaw (the "Issuer") issued under the Issuer's bondissuance programme (the "Bonds"), the Issuer hereby informs that on 25February it made a conditional allotment of 1,000,000 (one million)Bonds with a total nominal value of PLN 1,000,000,000 (one billionzlotys). The final allotment and issuance of the Bonds will take placeat the National Securities Depository S.A. on the issue date scheduledfor March 11, 2025, following the execution of settlement instructionsand payment by the investors of the Bonds conditionally allotted to themin accordance with the Issuer's decision.

The full terms and conditions of the Bonds issue will be made availableto the public after the Bonds are introduced into the CatalystAlternative Trading System operated by the Warsaw Stock Exchange.

Summary of information about the Bonds:

Date of Issue: March 11, 2025.

Date of redemption: March 11, 2030.

Interest rate: variable, based on a prime rate of WIBOR 6M plus a marginof 190 bps

Summary of offering information:

Subscription start and end date: 24 February 2025 - 25 February 2025

Date of conditional allotment of securities: 25 February 2025

Number of securities subscribed: 1,000,000

Number of securities subscribed for during the subscription: 1,000,000

Number of securities allotted during the completed subscription:1,000,000

Average reduction rate: not applicable. After conclusion of subscriptionthe Issuer did not reduce subscriptions

The price at which securities were subscribed (acquired): PLN 1,000

Total nominal value of financial instruments: PLN 1,000,000,000

The number of persons who subscribed for securities during subscription- 61,

The number of persons to whom securities were allotted duringsubscription - 61,

Names of underwriters who have subscribed for securities in theperformance of underwriting agreements: not applicable. The bonds werenot subscribed for by the underwriters.

Total amount of costs incurred, that are included in the costs of issue:costs will be recognised in the Issuer's financial statements in themonths incurred as costs associated with the issue of the Bonds.