CD Projekt — Major Shareholding Notification 2022

May 9, 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.

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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's

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': 03/05/2022

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	1.35%	5.10%%	6.46%	100,738,800
Position of previ ous notification (if a licable	1.26%	4.97%	6.23%

7. Notified details of the resulting situation on the date on which the threshold was crossed or reached"'.

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A: Voting rights attached to shares
Class/type of	Number of voting rights'X		% of voting rights
shares I SIN 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		1,363,864		1.35%
US1251051066		128		0.0001
SUBTOTAL A		1,363,992	1.35%

Expira- Type of financial tion i nstrument dater		Exercise/ Conversion PeriodX'	Number of voting rights that may be ac- quired if the instru ment is exercised/ converted.	oho of voting rights
Securities Lending	Open		2,099,278	2.08%
		SUBTOTAL B.1	2 099,278	2.08%

B 2: Financial Instruments with similar economic effect according to Art. 13(1)(b) of Directive 2004/109/EC
Type of finan- cial instrument	Expiration datex	Exercise/ Conversion Pe- riod xi	Physical or cash settle- menu"	Number of voting rights	% of voting rights
Swa	16/04/2031		Cash	581,327	0.58%
Swa	19/01/2032		Cash	518,821	0.52%
Swa	21/03/2025		Cash	183,975	0.18%
Swa	10/11/2031		Cash	158,491	0.16%

S wa	24/03/2025	Cash	150,156	0.15%
S wa	16/04/2031	Cash	108,428	0.11
S wa	10/11/2031	Cash	74,884	0.07%
S wa	01/12/2031	Cash	74,645	0.07%
S wa	29/01/2030	Cash	70,420	0.07%
S wa	06/10/2031	Cash	68,348	0.07%
S wa	13/10/2031	Cash	62,911	0.06%
S wa	11/03/2024	Cash	59,649	0.06%
S wa	01/10/2031	Cash	55,920	0.06%
S wa	11/03/2024	Cash	45,728	0.05%
S wa	11/03/2024	Cash	34,622	0.03%
S wa	10/11 /2031	Cash	31,567	0.03%
S wa	27/10/2025	Cash	29,072	0.03%
S wa	11/03/2024	Cash	28,850	0.03%
S wa	11/03/2024	Cash	26,543	0.03%
S wa	18/03/2024	Cash	26,112	0.03%
S wa	21/04/2032	Cash	22,023	0.02%
S wa	26/03/2024	Cash	21,634	0.02%
S wa	04/11/2024	Cash	20,253	0.02%
S wa	07/05/2024	Cash	20,098	0.02%
S wa	18/02/2025	Cash	18,336	0.02%
S wa	15/03/2032	Cash	17,629	0.02%
S wa	11/03/2024	Cash	16,746	0.02%
S wa	07/04/2027	Cash	16,310	0.02%
S wa	10/04/2024	Cash	15,752	0.02%

Swa 19/01/2032 Cash 15,622 0.02% Swa 18/03/2024 Cash 15,157 0.02% Swa 13/05/2024 Cash 14,137 0.01 Swa 01/03/2032 Cash 13,732 0.01 Swa 18/03/2032 Cash 13,153 0.01 Swa 11/03/2024 Cash 12,866 0.01% Swa 26/03/2024 Cash 12,559 0.01 Swa 01 /03/2032 Cash 11,763 0.01 Swa 18/02/2025 Cash 11,692 0.01 Swa 11 /03/2024 Cash 11,513 0.01 Swa 07/05/2024 Cash 11,504 0.01 Swa 14/04/2032 Cash 11,245 0.01 Swa 12/04/2032 Cash 10,975 0.01 Swa 11/03/2024 Cash 10,925 0.01% Swa 11/04/2024 Cash 9,911 0.01% Swa 14/04/2032 Cash 9,559 0.01 Swa 11/03/2024 Cash 8,827 0.01% Swa 11/03/2024 Cash 8,376 0.01% Swa 05/04/2032 Cash 8,354 0.01 Swa 13/05/2024 Cash 8,068 0.01 Swa 23/02/2032 Cash 7,625 0.01 Swa 10/04/2024 Cash 7,410 0.01 Swa 09/05/2024 Cash 6,863 0.01 Swa 20/04/2032 Cash 6,816 0.01 Swa 04/11/2024 Cash 6,690 0.01%

**+ * esma * **

esma

S wa	07/01/2031	Cash	6,000	0.01%
S wa	10/03/2031	Cash	6,000	0.01
S wa	17/12/2031	Cash	6,000	0.01
S wa	11 /04/2024	Cash	5,753	0.01
S wa	11 /03/2024	Cash	5,569	0.01
S wa	01 /03/2032	Cash	5,505	0.01
S wa	29/01/2030	Cash	5,345	0.01%
S wa	11/03/2024	Cash	5,285	0.01%
S wa	01/10/2031	Cash	5,093	0.01%
S wa	18/03/2024	Cash	5,040	0.01
S wa	10/03/2031	Cash	5,000	0.005%
S wa	18/03/2024	Cash	4,782	0.005%
S wa	10/04/2024	Cash	4,664	0.005%
S wa	03/03/2032	Cash	4,489	0.004%
S wa	18/02/2025	Cash	4,488	0.004%
S wa	26/01/2032	Cash	4,394	0.004%
S wa	07/05/2024	Cash	4,204	0.004%
S wa	26/03/2024	Cash	4,176	0.004%
S wa	09/12/2030	Cash	4,000	0.004%
S wa	03/09/2031	Cash	4,000	0.004%
S wa	27/05/2024	Cash	3,825	0.004%
S wa	09/05/2024	Cash	3,775	0.004%
S wa	29/01/2030	Cash	3,589	0.004%
S wa	15/03/2024	Cash	3,328	0.003%
S wa	29/04/2032	Cash	3,182	0.003%

Swa 23/02/2032 Cash 3,179 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 2,951 0.003% Swa 01/04/2032 Cash 2,941 0.003% Swa 02/05/2025 Cash 2,672 0.003% Swa 18/12/2023 Cash 2,500 0.002% Swa 23/12/2024 Cash 2,342 0.002% Swa 03/02/2025 Cash 2,239 0.002% Swa 18/02/2025 Cash 2,209 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% 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%

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esma ~ ~

~** * esma ***

S wa	25/03/2031	Cash	2,000	0.002%
S wa	25/03/2031	Cash	2,000	0.002%
S wa	31/03/2031	Cash	2,000	0.002%
S wa	31/03/2031	Cash	2,000	0.002%
S wa	17/03/2032	Cash	1,935	0.002%
S wa	15/03/2024	Cash	1,932	0.002%
S wa	11/04/2024	Cash	1,913	0.002%
S wa	13/01/2032	Cash	1,775	0.002%
S wa	29/01 /2030	Cash	1,707	0.002%
S wa	29/01 /2030	Cash	1,687	0.002%
S wa	29/01/2030	Cash	1,671	0.002%
S wa	06/05/2032	Cash	1,566	0.002%
S wa	02/05/2024	Cash	1,495	0.001
S wa	09/05/2024	Cash	1,433	0.001
S wa	27/05/2024	Cash	1,428	0.001
S wa	11/03/2024	Cash	1,321	0.001
S wa	23/02/2023	Cash	1,117	0.001
S wa	29/01 /2030	Cash	1,077	0.001
S wa	26/03/2024	Cash	1,047	0.001
S wa	27/01/2031	Cash	1,000	0.001
S wa	27/01 /2031	Cash	1,000	0.001
S wa	28/01 /2031	Cash	1,000	0.001
S wa	28/01 /2031	Cash	1,000	0.001
S wa	03/03/2031	Cash	1,000	0.001
S wa	23/05/2022	Cash	926	0.001

S wa	12/04/2032	Cash	908	0.001
S wa	05/04/2032	Cash	819	0.001
S wa	15/03/2024	Cash	642	0.001
S wa	15/03/2024	Cash	610	0.001
S wa	20/04/2032	Cash	481	0.0005%
S wa	4 2 032 12/0 /	Cash	450	0.0004%
S wa	02/02/2032	Cash	448	0.0004%
S wa	13/10/2031	Cash	345	0.0003%
S wa	02/05/2025	Cash	307	0.0003%
S wa	29/01 /2030	Cash	298	0.0003%
S wa	05/0 4 2 032 /	Cash	186	0.0002%
S wa	01/03/2032	Cash	127	0.0001%
S wa	03/02/2025	Cash	125	0.0001
S wa	29/09/2031	Cash	116	0.0001
S wa	02/05/2025	Cash	60	0.0001
S wa	05/04/2032	Cash	53	0.0001
S wa	25/01 /2023	Cash	42	0.00004%
S wa	14/06/2022	Cash	23	0.00002%
S wa	05/04/2032	Cash	3	0.000003%
		B.2 S UBTOTAL	3,042,180	3.02%

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* esma

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

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 fhe proxy holder] will cease to hold [%and number] voting rights as of [date]

10. Additional info

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* esma * *,~

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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-regoqs-emea-position-enquiries @ gs.com

Done at Warsaw on 06/05/2022