CD Projekt — Major Shareholding Notification 2021

Dec 29, 2021

esm European Securities and Markets Authority

Date:22 October 2015 ESMA/2015/1597

Standard form for notification of major holdings

NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer and to the competent authority)

1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached~~:

CD PROJEKT S.A.

~ ~

'~ * "~

1. Reason for the notification (please tick the appropriate box or boxes):

[x] An acquisition or disposal of voting rights

[x] An acquisition or disposal of financial instruments

[] An event changing the breakdown of voting rights

[]Other (please specify)~~:

3. Details of person subject to the notification obligation~~

Name: City and country of registered office (if applicable): The Goldman Sachs Group, Inc. Corporation Trust Center, 1209 Orange Street, Wilmington DE 19801, USA

1. Full name of shareholders) (if different from 3.)°:

5. Date on which the threshold was crossed or reached°~: 27/12/2021

6. Total positions of persons) subject to the notification obligation:

	of voting rights at- tached to shares (to- tal of 7.A)	of voting rights through financial instru- merits total of 7.B.1 + 7.B.2	% Total of both in (7.A + 7.B)	Total number of voting rights of is suer~~~
Resulting situation on the date on which threshold was crossed or reached	0.63°/o	4.39 /0	5.02 °/0	100,738,800
Position of previous notification (if appli- cable	0.53%	4.43%	4.96%

7. Notified details of the resulting situation on the date on which the threshold was crossed or reached°~~~;

A: Voting rights attached to shares

Class/type of shares I SIN code (if possi ble)	Number of voting rights~X		% of voting rights
	Direct (Art 9 of Directive 2004/109/EC	Indirect (Art 10 of Directive 2004/109/EC	Direct (Art 9 of Directive 2004/109/EC	Indirect (Art 10 of Directive 2004/109/EC
PLOPTTC00011		630,540		0.63%
US1251051066		177		0.0002%
SUBTOTAL A		630,717	0.63%

Type of financial in strument	Expiration dater	Exercise/ Conversion PeriodX~	Number of voting rights that may be acquired if the instrument is exer cised/ converted.	o/, of voting rights
Securities Lending	Open		2,174,079	2.16%
		SUBTOTAL B.1	2,174,079	2.16%

2004/109/EC Type of financial instrument	Expiration datex	Exercise/ Conversion Pe riod Xi	physical or cash settlementX~~	Number of voting rights	~~ of voting rights
Swap	16/04/2031		Cash	440,051	0.44%
Swap	10/11/2031		Cash	232,548	0.23%
Swap	30/10/2030		Cash	113,116	0.11%
Swap	17/03/2031		Cash	106,025	0.11
Swap	10/11/2031		Cash	105,626	0.10%
Swap	01/12/2031		Cash	100,377	0.10°/a

* esma ,~*~I

x

~*

S wap	03/02/2031	Cash	88,227	0.09%
S wap	06/10/2031	Cash	68,348	0.07%
S wap	01/10/2031	Cash	67,247	0.07%
S wap	16/04/2031	Cash	65,140	0.06%
S wap	13/10/2031	Cash	62,911	0.06%
S wap	11/03/2024	Cash	59,649	0.06%
S wap	10/11/2031	Cash	50,929	0.05%
S wap	11/03/2024	Cash	45,729	0.05%
S wap	11/03/2024	Cash	34,623	0.03%
S wap	11/03/2024	Cash	28,851	0.03%
S wap	11/03/2024	Cash	26,543	0.03%
S wap	18/03/2024	Cash	26,112	0.03%
S wap	27/10/2025	Cash	24,998	0.02%
S wap	26/03/2024	Cash	21,634	0.02%
S wap	29/01 /2030	Cash	21,481	0.02%
S wap	04/11/2024	Cash	20,253	0.02%
S wap	07/05/2024	Cash	20,098	0.02%
S wap	11/03/2024	Cash	16,746	0.02°/o
S wap	10/04/2024	Cash	15,752	0.02%
S wap	18/03/2024	Cash	15,157	0.02%
S wap	13/05/2024	Cash	14,137	0.01
S wap	11 /03/2024	Cash	12,866	0.01
S wap	26/03/2024	Cash	12,559	0.01
S wap	11/03/2024	Cash	11,513	0.01
S wap	07/05/2024	Cash	11,504	0.01
S wap	/03/2024 11	Cash	10,925	0.01

Swap	03/12/2031	Cash	10,000	0.01%
Swap	11/04/2024	Cash	9,911	0.01%
Swap	11/03/2024	Cash	9,863	0.01%
Swap	11/03/2024	Cash	8,827	0.01%
Swap	11/03/2024	Cash	8,376	0.01%
Swap	13/05/2024	Cash	8,068	0.01%
Swap	10/04/2024	Cash	7,410	0.01%
Swap	09/05/2024	Cash	6,863	0.01%
Swap	04/11/2024	Cash	6,690	0.01%
Swap	11/03/2024	Cash	6,223	0.01%
Swap	07/01/2031	Cash	6,000	0.01%
Swap	10/03/2031	Cash	6,000	0.01%
Swap	03/12/2031	Cash	6,000	0.01%
Swap	17/12/2031	Cash	6,000	0.01%
Swap	11/04/2024	Cash	5,753	0.01%
Swap	18/03/2024	Cash	5,632	0.01%
Swap	11/03/2024	Cash	5,569	0.01%
Swap	11/03/2024	Cash	5,285	0.01%
Swap	01/10/2031	Cash	5,093	0.01%
Swap	18/03/2024	Cash	5,040	0.01%
Swap	10/03/2031	Cash	5,000	0.005%
Swap	18/03/2024	Cash	4,782	0.005%
Swap	04/08/2031	Cash	4,721	0.005%
Swap	26/03/2024	Cash	4,667	0.005%
Swap	10/04/2024	Cash	4,664	0.005%
Swap	29/01/2030	Cash	4,426	0.004%

* esma **,

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*

*

S wap	07/05/2024	Cash	4,204	0.004%
S wap	26/03/2024	Cash	4,176	0.004%
S wap	09/12/2030	Cash	4,000	0.004%
S wap	03/09/2031	Cash	4,000	0.004%
S wap	17/12/2031	Cash	4,000	0.004%
S wap	09/05/2024	Cash	3,916	0.004%
S wap	27/05/2024	Cash	3,825	0.004%
S wap	23/12/2022	Cash	3,500	0.003%
S wap	27/05/2024	Cash	3,376	0.003%
S wap	15/10/2031	Cash	3,358	0.003%
S wap	15/03/2024	Cash	3,328	0.003%
S wap	10/04/2024	Cash	3,237	0.003%
S wap	26/03/2024	Cash	3,117	0.003%
S wap	04/08/2031	Cash	3,040	0.003%
S wap	09/12/2030	Cash	3,000	0.003%
S wap	07/0 1 2 031 /	Cash	3,000	0.003%
S wap	13/05/2024	Cash	2,951	0.003%
S wap	18/1 2 / 2 023	Cash	2,500	0.002%
S wap	11 /04/2024	Cash	2,138	0.002%
S wap	13/01/2031	Cash	2,000	0.002%
S wap	13/01/2031	Cash	2,000	0.002%
S wap	20/01/2031	Cash	2,000	0.002%
S wap	20/01/2031	Cash	2,000	0.002%
S wap	04/02/2031	Cash	2,000	0.002%
S wap	04/0 2 / 2 031	Cash	2,000	0.002%
S wap	10/02/2031	Cash	2,000	0.002%

Swap	10/02/2031	Cash	2,000	0.002%
Swap	24/02/2031	Cash	2,000	0.002%
Swap	03/03/2031	Cash	2,000	0.002%
Swap	12/03/2031	Cash	2,000	0.002%
Swap	12/03/2031	Cash	2,000	0.002%
Swap	12/03/2031	Cash	2,000	0.002%
Swap	24/03/2031	Cash	2,000	0.002%
Swap	24/03/2031	Cash	2,000	0.002%
Swap	25/03/2031	Cash	2,000	0.002%
Swap	25/03/2031	Cash	2,000	0.002%
Swap	31/03/2031	Cash	2,000	0.002%
Swap	31/03/2031	Cash	2,000	0.002%
Swap	23/12/2024	Cash	1,970	0.002%
Swap	15/03/2024	Cash	1,932	0.002%
Swap	11/04/2024	Cash	1,913	0.002%
Swap	02/05/2024	Cash	1,495	0.001%
Swap	09/05/2024	Cash	1,433	0.001%
Swap	29/01/2030	Cash	1,292	0.001%
Swap	20/09/2022	Cash	1,217	0.001%
Swap	29/01/2030	Cash	1,204	0.001%
Swap	24/02/2022	Cash	1,129	0.001%
Swap	23/02/2023	Cash	1,116	0.001%
Swap	04/08/2031	Cash	1,008	0.001%
Swap	27/01/2031	Cash	1,000	0.001%
Swap	27/01/2031	Cash	1,000	0.001%
Swap	28/01/2031	Cash	1,000	0.001%

"~

Swap	28/01 /2031	Cash	1,000	0.001
Swap	03/03/2031	Cash 1,000		0.001
Swap	29/01 /2030	Cash	952	0.001
Swap	27/05/2024	Cash	818	0.001
Swap	15/03/2024	Cash	718	0.001
Swap	15/03/2024	Cash	642	0.001
Swap	29/01 /2030	Cash	623	0.001
Swap	15/03/2024	Cash	610	0.001
Swap	23/12/2022	Cash	525	0.001
Swap	07/10/2026	Cash	354	0.0004%
Swap	13/10/2031	Cash	345
Swap	04/08/2031	Cash	218
Swap	15/03/2022	Cash	153	0.0002%
Swap	29/01 /2030	Cash	131	0.0001
Swap	29/09/2031	Cash	116
Swap	04/08/2031	Cash	69
Swap	16/03/2022	Cash	23 0.00002%
Swap	09/07/2026	Cash	16	0.00002%
		SUBTOTAL B.2	2,248,228	2.23%

1. Information in relation to the person subject to the notification obligation (please tick the applicable box):

[]Person subject to the notification obligation is not controlled by any natural person or legal entity and does not control any other undertakings) holding directly or indirectly an interest in the (underlying) issuer.x~ ^~

[x ]Full chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held starting with the ultimate controlling natural person or legal entityx~~:

Name	of voting rights if it equals or is higher than the notifiable threshold	% of voting rights through financial instruments if it equals or is higher than the notifiable threshold	Total of both if it equals or is higher than the notifiable threshold
The Goldman Sachs Group, Inc.
Goldman Sachs (UK) L.L.C.
Goldman Sachs Group UK Limited
Goldman Sachs International
The Goldman Sachs Group, Inc.
Goldman Sachs & Co. LLC
The Goldman Sachs Group, Inc.
GSAM Holdings LLC
Goldman Sachs Asset Management, L.P.
The Goldman Sachs Group, Inc.
Goldman Sachs Bank USA
Goldman Sachs Bank Europe SE
The Goldman Sachs Group, Inc.
I MD Holdings LLC
United Capital Financial Partners, I nc.
United Capital Financial Advisers, LLC

1. In case of proxy voting: [name of the proxy holder] will cease to hold [% and number] voting rights as of [date]

10. Additional informationx~~:

Please note, the total amount of voting rights have been rounded to 2 decimal places therefore there is a possibility of a rounding error.

General email contact: qs-regops-emea-position-enquiries @ gs.com

Done at Warsaw on 29/12/2021

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