CD Projekt — Share Issue/Capital Change 2023

Feb 23, 2023

CurrentReport no. 6/2023_#160;

Preparationdate: 2023-02-23

Subject:_#160;

Decisionconcerning assimilation of Series M shares of the Company with theshares of the Company traded on the main market

Legalbasis:

Art.56 section 1 item 2 of the Act on Public Offering - current and periodicinformation

Content:

TheManagement Board of CD PROJEKT S.A. with a registered office in Warsaw ("theCompany"),pursuant to § 17 section 1 item 1 of the Finance Minister's regulationof 29 March 2018 on current and periodic information provided by issuersof securities and the requirements for recognition as equivalent ofinformation required by the law of a non-Member State (JL 2018 item757), and in relation to the Company's Current Reports no. 5/2023 of 21February 2023, no. 55/2022 of 9 December 2022, no. 53/2022 of 5 December2022 and no. 43/2022 of 17 October 2022, hereby announces that on23 February 2023the National Depository for Securities ("NDS")issued a statement concerning assimilation of 32,000 Series M ordinarybearer shares of the Company with a nominal unit value of 1.00 PLNcarrying ISIN code PLOPTTC00060 ("theShares"),("theStatement").The Shares were issued within the framework of the Company incentiveprogram conducted in the years 2016-2019 ("theProgram"),in the course of a conditional increase in the Company share capitalpursuant to resolution no. 21 of the Ordinary General Meeting of theCompany of 24 May 2016.

Accordingto the Statement, NDS decided to proceed with assimilation of the Shareswith the remaining shares of the Company already admitted to tradingunder ISIN code PLOPTTC00011. The stated date on which this assimilationwill be carried out in the depository system maintained by NDS is 28February 2023.

Asa consequence of the foregoing, the condition governing introduction ofthe Shares to trading, as disclosed in the Company's Current Report no.5/2023 of 21 February 2023, will be met on 28 February 2023 and theShares will be admitted to trading on the main market on that date. As aresult of the foregoing, all shares which may been taken up in theexercise of subscription warrants granted within the framework of theProgram will have been admitted to trading on the main market.

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.