CD Projekt — Major Shareholding Notification 2022

Jun 22, 2022

esma 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):

[] 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': 17/06/2022

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

	of voting rights attached to shares (total of 7.A)	of voting rights through financial in- struments (total of 7.B.1 + 7.B.2	% Total of both in + ~'B~ ~~'A	Total number of voting rights of issuer""
Resulting situation on the date on which threshold was crossed or reached	% 1.31	4.87%	6.18%	100,738,800
Position of previ ous notification (if a licable	1.28%	5.04%	6.32%

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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 Number of voting rights'X % of voting rights shares ISIN code (if pos-

ISIN code (if pos sible)	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		1,319,813		1.31
US1251051066		54		0.0001%
SUBTOTAL A		1,319,867	1.31

Type of financial i nstrument	Expira- tion datex	Exercise/ Conversion PeriodX'	Number of voting rights that may be ac- quired if the instru- ment is exercised/ converted.	% of voting rights
Securities Lending	Open		1,683,499	1.67%
		SUBTOTAL B.1	1,683,499	1.67%

Type of finan- cial instrument	Expiration dater	Exercise/ Conversion Pe- rind Xi	Physical or cash settle- mentX"	Number of voting rights	% of voting rights
Swa	16/04/2031		Cash	633,058	0.63%
Swa	19/01/2032		Cash	537,575	0.53%
Swa	02/06/2025		Cash	175,781	0.17%
Swa	10/11/2031		Cash	158,483	0.16%

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S wa	21 /03/2025	Cash	152,202	0.15%
S wa	29/01 /2030	Cash	130,132	0.13%
S wa	16/04/2031	Cash	117,823	0.12%
S wa	10/11/2031	Cash	74,880	0.07%
S wa	06/10/2031	Cash	68,337	0.07%
S wa	13/10/2031	Cash	62,901	0.06%
S wa	11/03/2024	Cash	59,637	0.06%
S wa	01/10/2031	Cash	55,911	0.06%
S wa	11/03/2024	Cash	45,719	0.05%
S wa	07/04/2027	Cash	41,039	0.04%
S wa	27/10/2025	Cash	39,494	0.04%
S wa	07/06/2027	Cash	38,152	0.04%
S wa	11/03/2024	Cash	34,615	0.03%
S wa	10/11/2031	Cash	31,566	0.03%
S wa	11/03/2024	Cash	28,845	0.03%
S wa	11/03/2024	Cash	26,537	0.03%
S wa	18/03/2024	Cash	26,106	0.03%
S wa	21/04/2032	Cash	22,019	0.02%
S wa	26/03/2024	Cash	21,629	0.02%
S wa	04/11 /2024	Cash	20,249	0.02%
S wa	07/05/2024	Cash	20,094	0.02%
S wa	18/02/2025	Cash	18,332	0.02%
S wa	11/03/2024	Cash	16,742	0.02%
S wa	03/06/2032	Cash	15,764	0.02%
S wa	10/04/2024	Cash	15,749	0.02%

Swa	19/01/2032	Cash	15,619	0.02%
Swa	18/03/2024	Cash	15,154	0.02%
Swa	24/05/2032	Cash	14,463	0.01
Swa	13/05/2024	Cash	14,134	0.01
Swa	01/03/2032	Cash	13,733	0.01%
Swa	18/03/2032	Cash	13,151	0.01
Swa	11/03/2024	Cash	12,863	0.01%
Swa	26/03/2024	Cash	12,556	0.01
Swa	28/05/2032	Cash	12,206	0.01
Swa	01 /03/2032	Cash	11,764	0.01
Swa	18/02/2025	Cash	11,689	0.01
Swa	11/03/2024	Cash	11,510	0.01%
Swa	07/05/2024	Cash	11,501	0.01
Swa	14/04/2032	Cash	11,243	0.01
Swa	11/03/2024	Cash	10,923	0.01
Swa	10/06/2032	Cash	10,000	0.01
Swa	11/04/2024	Cash	9,909	0.01%
Swa	24/05/2032	Cash	9,898	0.01
Swa	28/05/2032	Cash	9,872	0.01
Swa	24/05/2032	Cash	9,754	0.01
Swa	14/04/2032	Cash	9,557	0.01
Swa	11/03/2024	Cash	8,825	0.01%
Swa	24/05/2032	Cash	8,687	0.01
Swa	11/03/2024	Cash	8,374	0.01%
Swa	13/05/2024	Cash	8,066	0.01

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Swa 10/04/2024 Cash 7,408 0.01 Swa 09/05/2024 Cash 6,861 0.01 Swa 20/04/2032 Cash 6,815 0.01 Swa 04/11/2024 Cash 6,689 0.01% Swa 07/01/2031 Cash 6,000 0.01 Swa 10/03/2031 Cash 6,000 0.01 Swa 17/12/2031 Cash 6,000 0.01 Swa 10/06/2032 Cash 6,000 0.01 Swa 11/04/2024 Cash 5,752 0.01% Swa 11/03/2024 Cash 5,568 0.01% Swa 01 /03/2032 Cash 5,505 0.01 Swa 11 /03/2024 Cash 5,284 0.01 Swa 01 /10/2031 Cash 5,092 0.01 Swa 18/03/2024 Cash 5,039 0.01 Swa 10/03/2031 Cash 5,000 0.005% Swa 23/06/2023 Cash 4,999 0.005% Swa 18/03/2024 Cash 4,781 0.005% Swa 10/04/2024 Cash 4,663 0.005% Swa 03/03/2032 Cash 4,488 0.004% Swa 18/02/2025 Cash 4,487 0.004% Swa 29/01/2030 Cash 4,398 0.004% Swa 26/01/2032 Cash 4,393 0.004% Swa 07/05/2024 Cash 4,203 0.004% Swap 26/03/2024 Cash 4,175 0.004% Swa 09/12/2030 Cash 4,000 0.004%

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Swa 03/09/2031 Cash 4,000 0.004% Swa 27/05/2024 Cash 3,824 0.004% Swa 09/05/2024 Cash 3,774 0.004% Swa 24/05/2032 Cash 3,543 0.004% Swa 15/03/2024 Cash 3,327 0.003% Swa 13/01/2032 Cash 3,082 0.003% Swa 09/12/2030 Cash 3,000 0.003% Swa 07/01/2031 Cash 3,000 0.003% Swa 13/05/2024 Cash 2,950 0.003% Swa 01/04/2032 Cash 2,940 0.003% Swa 29/01/2030 Cash 2,925 0.003% Swa 02/05/2025 Cash 2,671 0.003% Swa 18/12/2023 Cash 2,500 0.002% Swa 03/02/2025 Cash 2,239 0.002% Swa 18/02/2025 Cash 2,209 0.002% Swa 24/05/2032 Cash 2,183 0.002% Swa 23/12/2024 Cash 2,125 0.002% Swa 13/01/2031 Cash 2,000 0.002% Swa 13/01/2031 Cash 2,000 0.002% Swa 20/01/2031 Cash 2,000 0.002% Swa 20/01/2031 Cash 2,000 0.002% Swa 04/02/2031 Cash 2,000 0.002% Swa 04/02/2031 Cash 2,000 0.002% Swa 10/02/2031 Cash 2,000 0.002% Swa 10/02/2031 Cash 2,000 0.002%

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Swa	24/02/2031	Cash	2,000	0.002%
Swa	03/03/2031	Cash	2,000	0.002%
Swa	12/03/2031	Cash	2,000	0.002%
Swa	12/03/2031	Cash	2,000	0.002%
Swa	12/03/2031	Cash	2,000	0.002%
Swa	24/03/2031	Cash	2,000	0.002%
Swa	24/03/2031	Cash	2,000	0.002%
Swa	25/03/2031	Cash	2,000	0.002%
Swa	25/03/2031	Cash	2,000	0.002%
Swa	31/03/2031	Cash	2,000	0.002%
Swa	31/03/2031	Cash	2,000	0.002%
Swa	17/03/2032	Cash	1,935	0.002%
Swa	15/03/2024	Cash	1,932	0.002%
Swa	11 /04/2024	Cash	1,913	0.002%
Swa	29/01 /2030	Cash	1,738	0.002%
Swa	29/01 /2030	Cash	1,581	0.002%
Swa	04/05/2032	Cash	1,566	0.002%
Swa	23/06/2023	Cash	1,500	0.001
Swa	02/05/2024	Cash	1,495	0.001
Swa	09/05/2024	Cash	1,433	0.001
Swa	27/05/2024	Cash	1,428	0.001
Swa	11/03/2024	Cash	1,321	0.001
Swa	23/02/2023	Cash	1,116	0.001
Swa	26/03/2024	Cash	1,047	0.001
Swa	27/01 /2031	Cash	1,000	0.001

Swa 27/01/2031 Cash 1,000 0.001% Swa 28/01/2031 Cash 1,000 0.001% Swa 28/01 /2031 Cash 1,000 0.001 Swa 03/03/2031 Cash 1,000 0.001 Swa 19/08/2022 Cash 823 0.001 Swa 15/03/2024 Cash 642 0.001 Swa 17/07/2023 Cash 623 0.001 Swa 15/03/2024 Cash 610 0.001 Swa 02/02/2032 Cash 448 0.0004% Swa 29/01/2030 Cash 398 0.0004% Swa 02/06/2027 Cash 348 0.0003% Swa 13/10/2031 Cash 345 0.0003% Swa 02/05/2025 Cash 307 0.0003% Swa 01 /03/2032 Cash 127 0.0001 Swa 03/02/2025 Cash 125 0.0001 Swa 29/09/2031 Cash 116 0.0001 Swa 02/05/2025 Cash 60 0.0001 Swa 25/01/2023 Cash 42 0.00004% Swa 12/09/2022 Cash 23 0.00002% SUBTOTAL B.2 3,226,756 3.20%

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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 entityand 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'~:

N ameX~	of voting ights if it equals r is higher than or he notifiable t hreshold t	of voting rights % through financial instruments if it equals is higher or than the notifiable hreshold t	Total of both if it equals is higher or than the notifiable threshold
he Goldman Sachs T Group, Inc.
oldman Sachs (UK) G L.L.C.
oldman Limited G Sachs Group UK
oldman Sachs International G
he Goldman Sachs T Group, Inc.
oldman Sachs G Co. LLC &
he Goldman Sachs T Group, Inc.
Holdings G SAM LLC
oldman G Sachs Asset Management, L .P.
Goldman he Sachs T Group, Inc.
oldman Sachs Bank G USA
oldman G Sachs Bank Europe SE
he Goldman Sachs T Group, Inc.
Holdings I MD LLC

United Capital Financial Partners,
I nc.
United Capital Financial Advisers,
LLC
The Goldman Sachs Grou , Inc.
GSAM Holdings LLC
NNIP Holdin s LLC
NNIP UK Holdings I Ltd
NNIP UK Holdin s II Ltd
NNIP Holdings IB.V. / NNIP Hold
in s II B.V.
NN Investment Partners Holdings
N.V.

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

10. Additional informatio

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:

esma

gs-regops-emea-position-enquiries@ qs com

Done at Warsaw on 21/06/2022

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