Benefit Systems S.A. — M&A Activity 2022

Jul 26, 2022

Second notice of the intention to merge Benefit Systems S.A. withBenefit IP sp. z o.o. and Benefit IP spółka z ograniczonąodpowiedzialnością sp.k addressed to the shareholders.Actingon the basis of Article 504 § 1 of the Code of Commercial Companies(hereinafter, the "CCC") in conjunction with Article 402 § 2 of the CCCand Article 402 § 1 of the CCC, the Management Board of Benefit SystemsS.A. with its registered seat in Warsaw (hereinafter, the "Issuer" orthe "Company"), hereby provides the second notice of the intention tomerge the Issuer (as the acquiring company) with Benefit IP sp. z o.o.with its registered seat in Warsaw (hereinafter, the "Acquired Company1") and with Benefit IP spółka z ograniczoną odpowiedzialnością sp.k.with its registered seat in Warsaw (hereinafter, the "Acquired Company2").

The merger plan, as agreed by the merging companies on 30 June 2022, waspublicly posted at the Company's website: www.benefitsystems.pl.

Starting from 30 June 2022, the documents concerning merger of theIssuer with the Acquired Company 1 and Acuired Company 2 that arespecified in Article 505 § 1 of the CCC, were placed at the Company'swebsite (section: www.benefitsystems.pl/en/about-us/merger). Until thedate of the Extraordinary General Meeting, the agenda of which includesadoption of resolution concerning the merger of the Issuer with theAcquired Company, the Company's shareholders will be provided withcontinuous access to the documents in an electronic version and anopportunity to print them or have them printed.

The Management Board of the Company informs that in conjunction withArticle 520 § 1 of the CCC the Merger Plan was audited by a certifiedauditor in the matter of correctness and reliability.