CD Projekt — Major Shareholding Notification 2021

May 26, 2021

Current report no. 33/2021

Subject: Receipt of notification under Art. 69 section 1 of the PublicOffering Act

Legal basis: Art. 70 section 1 of the Offerings Act - purchase or saleof major stock package

The Management Board of CD PROJEKT S.A. with a registered office inWarsaw (hereinafter referred to as "the Company") hereby announces thatit has received a notification filed in compliance with Art. 69 section1 point 1 of the act on public offering and conditions governing theintroduction of financial instruments to organized trading and on publiccompanies, by a shareholder of the Company, Mr. Michał Kiciński.

According to the notification, as a result of stock purchasetransactions carried out by Mr. Michał Kiciński on the regulated marketof the Warsaw Stock Exchange between 19 and 24 May 2021, Mr. Kiciński'sshare in the total number of votes at the Company exceeded 10%.

As of the notification date, Mr. Michał Kiciński holds 10 433 719 sharesof Company stock, which afford 10 433 719 votes.

Prior to the aforementioned transactions, the 10 068 309 shares held byMr. Kiciński represented 9.99% of the Company share capital andaccounted for 9.99% of the total number of votes at General Meetings ofthe Company.

Following the aforementioned transactions, the 10 433 719 shares ofCompany stock held by Mr. Michał Kiciński, affording 10 433 719 votes,represent 10.36% of the Company share capital and account for 10.36% ofthe total number of votes at General Meetings of the Company.

Additionally, the notification submitted by the shareholder states thathe does not control any subsidiary entities which hold Company stock,and that the circumstances identified in Art. 87 section 1 item 3subitem c of the Offering Act do not apply.

Disclaimer: This English language translation has been prepared solelyfor the convenience of English speaking readers. Despite all the effortsdevoted to this translation, certain discrepancies, omissions orapproximations may exist. In case of any differences between the Polishand the English versions, the Polish version shall prevail. CD PROJEKT,its representatives and employees decline all responsibility in thisregard.