Benefit Systems S.A.

Related Party Transaction • Jul 4, 2018

The ManagementBoard of Benefit Systems S.A.withits registered office in Warsaw (the "Issuer") informs that on 4 July2018 a loan agreement ("Loan agreement") was concluded between theIssuer ("Lender") and Fitness Place sp. z o.o. with its registeredoffice in Warsaw ("Borrower"), in which the Issuer indirectly holds 100%stake, in the amount of PLN 5.0 million. As a result of this agreementthe total value of loans concluded between the Lender and the Borrowerin the last 12 months (including repayments made) has reached PLN 55.4million.

The loanamount will be distributed in tranches in accordance with the Borrower'sneeds. The interest rate on the loan is floating and was determined onmarket terms. The loan is to be repaid by 31 December 2022. The loanagreement does not include any conditions precedent, conditionssubsequent and contractual penalties. Other terms of the Loan Agreementdo not differ from those commonly used in this type of agreements.

The loan willenable the Borrower to finance its current operations.