CD Projekt — Board/Management Information 2022

Dec 20, 2022

Currentreport no. 59/2022

Subject:Appointment of Mr. Marcin Piotr Iwiński to the Supervisory Board of theCompany together with entrusting him the position of the Chair andchanges in the composition of the Audit Committee

Legalbasis: Art. 56 section 1 item 2 of the Act on Public Offering - currentand periodic information

TheManagement Board of CD PROJEKT S.A. with a registered office in Warsaw(the "Company") hereby informs that on 20 December 2022, by way of aResolution no. 3, the Company's Extraordinary General Meeting electedMr. Marcin Piotr Iwiński to the Supervisory Board of the Company, in thecourse of the Supervisory Board's current term of office, effective asof 1 January 2023._#160;

Thebiographical note of Mr. Marcin Piotr Iwiński has been published in thecurrent report no. 46/2022 dated 16 November 2022 regarding thesubmission of the candidature of Mr. Marcin Piotr Iwiński to theSupervisory Board of the Company.

Onthe same day, by adopting the Resolution no. 1 dated 20 December 2022,the Supervisory Board of the Company decided on: (i) revoking, effectiveas of 1 January 2023, of Ms. Katarzyna Szwarc from the position of theChair of the Supervisory Board of the current term of office; (ii)appointing, effective as of 1 January 2023, of Mr. Marcin Piotr Iwińskito the position of the Chair of the Supervisory Board of the currentterm of office; (iii) appointing, effective as of 1 January 2023, Ms.Katarzyna Szwarc to the position of the Vice-Chair of the SupervisoryBoard of the current term of office.

Moreover,on the basis of Art. 128 and Art. 129 of the Act of 11 May 2017 oncertified auditors, audit firms and public supervision (the "Act"), withregards to the amendments_#160; in the composition of the Supervisory Boardof the current term of office described above, the Supervisory Board ofthe Company decided that, effective as of 1 January 2023, thecomposition of the Audit Committee of the current term of office of theSupervisory Board will be as follows:

i)Michał Bień - Chair of the Audit Committee, fulfilling independencecriteria specified in Art. 129 section 3 of the Act, Member of the AuditCommittee fulfilling criteria specified in Art. 129 section 5 of the Act,

ii)Maciej Nielubowicz - Member of the Audit Committee, possessing knowledgeand expertise in the area of accounting or attestation of financialstatements, Member of the Audit Committee fulfilling criteria specifiedin Art. 129 section 5 of the Act,

iii)Łukasz Wejchert - Member of the Audit Committee, fulfilling independencecriteria specified in Art. 129 section 3 of the Act, Member of the AuditCommittee, possessing knowledge and expertise in the area of accountingor attestation of financial statements, Member of the Audit Committeefulfilling criteria specified in Art. 129 section 5 of the Act.

Pursuantto the Audit Committee Regulations, Members of the Audit Committee areappointed by the Supervisory Board from among its members for a termequivalent to that of the Supervisory Board.

Disclaimer:This English language translation has been prepared solely for theconvenience of English speaking readers. Despite all the efforts devotedto this translation, certain discrepancies, omissions or approximationsmay exist. In case of any differences between the Polish and the Englishversions, the Polish version shall prevail. CD PROJEKT, itsrepresentatives and employees decline all responsibility in this regard.