Benefit Systems S.A.

Share Issue/Capital Change • Sep 30, 2020

Acquisition, by the eligible individuals, of series E shares in theCompany in exchange for series G, H and I subscription warrantsTheManagement Board of Benefit Systems S.A. with its registered office inWarsaw (hereinafter, the "Company" or the "Issuer") hereby announcesthat in exercising of the rights derived from the series G, H and Isubscription warrants (the "Warrants"), vested as part of the 2017-2020Incentive Plan (the "Plan"), as at 30 September 2020, 35 participants inthe Plan (out of 48 eligible persons) filed, with the Company,declarations to take up a total of 35 145 series E ordinary bearershares (in exchange for 35 145 Warrants) and paid the issue price of theE shares (i.e. PLN 491.93 per share) into the Company's account.

The issue of series E shares in exchange for Warrants was carried outbased on articles 453 and 451 of Commercial Companies Code and in linewith the rules of the Plan, as set forth in resolutions 20/15.06.2016and 21/15.06.2016 of the General Meeting of the Company (that theCompany announced in current report No. 18/2016 of 15 June 2016) and inresolution of Supervisory Board of 9 November 2016.

The rights attaching to the E series shares of the Company will arise asof the moment of recording the shares in the securities accounts of theeligible individuals. In connection with the issue of the E seriesshares, the Company will file the appropriate applications with theNational Depository for Securities (KDPW S.A.) and with the Warsaw StockExchange (GPW S.A.) to register the E series shares and introduce themto trading on the regulated market (about which the Company will informin accordance with the applicable law).

In connection with the aforementioned acquisition of series E shares, 35145 Warrants have expired. As part of the Plan, the Company granted 75000 Warrants in total, of which 39 555 Warrants may be exercised in theperiod from 1 September 2021 to 30 September 2021 (in September 2019,300 Warrants were exercised).