CD Projekt — Share Issue/Capital Change 2021

Mar 31, 2021

Current report no. 16/2021

Subject: Share capital increase

Legal basis: Art. 17 section 1 of the Market Abuse Regulation -confidential information

The Management Board of CD PROJEKT S.A. with a registered office inWarsaw (hereinafter referred to as "the Company") hereby announces thaton 31 March 2021, in accordance with a decision issued by the WarsawStock Exchange, 84,176 Series M shares were admitted to organizedtrading and simultaneously deposited in the securities accountsbelonging to entities which had claimed these shares following thevesting of the Company incentive program in force during the years2016-2019.

In light of the above and pursuant to Art. 452 §1 of the CommercialCompany Code, on the date of deposition of the aforementioned sharesinto the shareholders' securities accounts, in line with the provisionsgoverning conditional increases in the Company's share capital, theCompany's share capital was duly increased by 84,176 PLN.

Following the reported increase, the Company's share capital amounts to100,738,800 PLN divided into 100,738,800 shares with a nominal value of1 PLN per share. The total number of votes afforded by all shares ofCompany stock is 100,738,800.

Disclaimer:

This English language translation has been prepared solely for theconvenience of English speaking readers. Despite all the efforts devotedto this translation, certain discrepancies, omissions or approximationsmay exist. In case of any differences between the Polish and the Englishversions, the Polish version shall prevail. CD PROJEKT, itsrepresentatives and employees decline all responsibility in this regard.