CD Projekt — Capital/Financing Update 2020

Sep 30, 2020

CALL

FOR DEPSITION OF SUBSCRIPTION WARRANT CERTIFICATES AT THE COMPANY

The company operating under the name CD PROJEKT S.A. with a registered office in Warsaw (hereinafter referred to as "The Company"), acting in accordance with Art. 16 sections 1 and 2, in conjunction with Art. 22 of the Act of 30 August 2019 amending the Commercial Companies Code and certain other acts (JL 2019, item no. 1798) (hereinafter referred to as "the Act") hereby

calls upon all holders of named Series B subscription warrants issued by the Company in the form of certificates (incorporating the right to claim Series M ordinary bearer shares of the Company issued in the framework of implementing the Incentive Program instituted by Resolution no. 20 of the Ordinary General Meeting of the Company of 24 May 2016) whose incorporated rights have not yet been exercised (hereinafter referred to as "the Warrants")

to proceed, without delay, with deposition of said Warrant certificates at the Company in order to facilitate the dematerialization of Warrants at the National Depository of Securities (Krajowy Depozyt Papierów Wartościowych S.A.) in line with the requirements imposed by the relevant provisions of the Act.

Warrant certificates should be deposited at the Company headquarters, in Warsaw, at Jagiellońska 74 (03-301) between Monday and Friday (on each workday), between 9 a.m. and 5 p.m.

The Company issues written confirmations of receipt of the deposited Warrants.

The Company also wishes to announce that, based on existing regulations, (i) Warrant certificates which have not been dematerialized will expire on 1 March 2021; (ii) throughout 1 March 2026 Warrant certificates which have not been dematerialized shall retain their evidentiary effect only insofar as is required for their holders to justify before the Company that they possess the rights incorporated by the Warrants.