CD Projekt — Major Shareholding Notification 2023

Apr 11, 2023

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:

The Goldman Sachs Group, Inc.

City and country of registered office (if applicable): Corporation Trust Center, 1209 Orange Street, Wilmington DE 19801, USA

1. Full name of shareholder(s) (if different from 3.)":

5. Date on which the threshold was crossed or reached*: 05/04/2023

6. Total positions of person(s) 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 % (7.A + 7.B)	Total number of voting rights of issuer"
Resulting situation on the date on which threshold was crossed or reached	1.23%	3.72%	4.95%	100,770,800
Position of previ- ous notification (if applicable)	1.70%	4.70%	6.39%

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™		% of voting rights
shares 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		1,239,134		1.23%
SUBTOTAL A		1,239,134	1.23%

B 1: Financial Instruments according to Art. 13(1)(a) of Directive 2004/109/EC
Type of financial instrument	Expira- tion date*	Exercise/ Conversion Period"	Number of voting rights that may be ac- quired if the instru- ment is exercised/ converted.	% of voting rights
Securities Lending	Open		1.466,494	1 46%
		SUBTOTAL B.1	1,466,494	1.46%

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 date*	Exercise/ Conversion Pe- riod	Physical or cash settle- ment*"	Number of voting rights	% of voting rights
Swap	19/01/2032		Cash	1,162,809	1.15%
Swap	16/04/2031		Cash	310,206	0.31%
Swap	17/03/2033		Cash	136,909	0.14%
Swap	13/12/2032		Cash	133,253	0.13%
Swap	07/06/2027		Cash	131,097	0.13%

esma

Swap	25/01/2024	Cash	42	0.00004%
Swap	02/08/2032	Cash	18	0.00002%
		SUBTOTAL B.2	2,285,482	2.27%

1. Information in relation to the person subject to the notification (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 undertaking(s) holding directly or indirectly an interest in the (underlying) issuer. * "ii

[ x ] Eull 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 entity":

Namexv	% 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.
GSAM Holdings LLC
Goldman Sachs Asset Management Holdings LLC
Goldman Sachs Asset Management UK Holdings Ltd
Goldman Sachs Asset Management UK Holdings II Ltd
Goldman Sachs Asset Management Holdings I B.V. / Goldman Sachs As- set Management Holdings II B.V.
Goldman Sachs Asset Management Holdings B.V.
The Goldman Sachs Group, Inc.
GSAM Holdings LLC
GSAMI Holdings Ltd
GSAMI Holdings II Ltd
Goldman Sachs Asset Management International Holdings Ltd
Goldman Sachs Asset Management International

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

10. Additional information™:

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

General email contact:

esma

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

Done at Paris on 11/04/2023