Benefit Systems S.A.

Regulatory Filings • Sep 8, 2023

Initiation of a process of a review of assets owned by the CalypsoFitness S.A.

The Management Board of Benefit Systems S.A. with its registered seat inWarsaw (hereinafter, the _quot;Issuer_quot;, _quot;Company_quot;) herby announces that on 8September it has made a decision to initiate a process of a review ofassets owned by the Calypso Fitness S.A. ("Calpyso Fitness" or "CF"),which can be a subject to potential acquisition by the Issuer. As a partof the potential transaction, the Issuer may acquire shares in companieswith assets separated form CF in the form of five organized parts of theCF enterprise (fitness clubs). The spin-off would be carried out bytransferring the five fitness clubs to three acquiring companies (whosesole shareholders are the respective shareholders of Calypso Fitness) inaccordance with CF's spin-off plan. The Issuer owns 33.33% shares in theCalypso Fitness share capital; remaining shares are in the possessionof: 50.10% - Camaro Fundusz Inwestycyjny Zamknięty AktywówNiepublicznych and 16.57% - Cal Capital sp. z o.o.