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Benefit Systems S.A.

Major Shareholding Notification May 15, 2020

5529_rns_2020-05-15_997474f7-a172-4d11-aa53-acced35f4469.html

Major Shareholding Notification

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Notification of exceeding the 5% threshold of total voting rights at theCompany

The Management Board of Benefit Systems S.A. with its registered seat inWarsaw (the "Company") informs that on 15 May 2020 received from InvescoCanada Ltd. with its registered seat in Toronto, ("Invesco Canada"), anotification that Invesco Canada exceeded the threshold of 5% of thetotal number of votes in the Company ("Notification"). Full text of theNotification is attached to this report. According to the Notification,the 5% threshold of total voting rights at the Company was exceededfollowing the acquisition of Company shares on 2 April 2020.

The Notification indicates that Invesco Canada holds 182 191 Companyshares, representing 6.37% of the Company's share capital, and 182 191voting rights at its General Meeting, representing 6.37% of total votingrights.

The Notification supplements the information received from Invesco Ltd.with its registered office in Atlanta ("Invesco"), about which theCompany informed in the report 11/2020 of 4 April 2020, which indicatedthat Invesco, a controlling entity for Invesco Canada, holds 286 814shares of the Company representing 10.03% of the share capital of theCompany and 10.03% of the total votes at the General Meeting of theCompany.

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