CPD S.A. — Major Shareholding Notification 2021

Aug 9, 2021

Douglas (Isle of Man), 9 August 2021

Laxey Group Limited

Address: 4 th Floor Derby House 64 Athol Street Douglas, IM1 1JD Isle of Man

Komisja Nadzoru Finansowego

ul. Piękna 20, 00-549 Warsaw, Poland PO Box 419 znaczne.pakiety@knf.gov.pl

CPD Spółka Akcyjna

ul. Cybernetyki 7b 02-677 Warszawa info@cpdsa.pl

I.

In accordance with Articles 69.1.21 of the Act of July 29th, 2005 on Public Offering, Conditions Governing the Introduction of Financial Instruments to Organized Trading, and Public Companies (the "Act on Public Offering"), Laxey Group Limited, a company incorporated under the laws of Isle of Man with a registered office at 4th Floor, Derby House, 64 Athol Street, Douglas, Isle of Man, registered in Isle of Man Companies Registry with registration number 002431V ("Laxey Group Ltd"), hereby notifies that it received information of a disposal of shares on 5 August 2021 to be less than 5% of votes in General Meeting of CPD S.A. ("the Company") as a result of disposal of 1,364,687 shares of the Company.

II.

Before the sale of shares to the benefit of the Company Laxey Group Ltd controls 2,664,724 shares of CPD SA (10.10% of the share capital of the Company), representing 2,664,724 votes at the General Meeting of the Company (10.10% of the total number of votes at the General Meeting of the Company). Number of CPD SA shares held by individual entities - shareholders of CPD SA (after the registration of the share capital reduction) is as follows:

• 1) Laxey Group Ltd: no CPD shares;
• 2) Laxey Partners Ltd (Isle of Man):

2,664,724 shares of CPD S.A. (10.10% of the share capital of the Company), representing 2,664,724 votes at the General Meeting of the Company (10.10% of votes at the General Meeting of the Company);

After the sale of shares to the benefit of the Company Laxey Group Ltd controls 1,300,037 shares of CPD SA (4.93% of the share capital of the Company), representing 1,300,037 votes at the General Meeting of the Company (4.93% of the total number of votes at the General Meeting of the Company). Number of CPD SA shares held by individual entities - shareholders of CPD SA (after the registration of the share capital reduction) is as follows:

• 1) Laxey Group Ltd: no CPD shares;
• 2) Laxey Partners Ltd (Isle of Man):

1,300,037 shares of CPD S.A. (4.93% of the share capital of the Company), representing 1,300,037 votes at the General Meeting of the Company (4.93% of votes at the General Meeting of the Company);

IV.

There are no subsidiaries of Laxey Group Ltd holding CPD SA shares other than indicated above.

III.

In the case of Laxey Group Ltd there are no persons referred to in Art. 87.1 point 3 letter c of the Act on Public Offering.

Laxey Group Ltd has no financial instruments mentioned in Art. 69.4.7)-9) of the Act on Public Offering.

……………………………………….

Sarah Wakeford (Authorised Signatory)

V.