Capital Park S.A. — Major Shareholding Notification 2020

Mar 18, 2020

17th March 2020

From:

Europi Property Group AB c/o Brunswick Real Estate Jakobsgatan 6 111 52 Stockholm, Sweden

To:

Capital Park S.A. ul. Franciszka Klimczaka 1 02-797 Warsaw, Poland ("Company") and Polish Financial Supervision Authority ul. Piękna 20 00-549 Warsaw Post office box no 419

NOTIFICATION

Dear Sir or Madam,

Europi Property Group AB with registered office in Stockholm, Sweden ("Europi"), company number 559207-9692, acting pursuant to Article 69 section 1 point 1 of the Act dated on 29 July 2005 on Public Offerings, Conditions Governing the Introduction of Financial Instruments to Organized Trading and on Public Companies (the "Act on Public Offering") hereby submit this notification.

1. DATE AND TYPE OF EVENT THAT LEADS TO A CHANGE IN THE SHAREHOLDING TO WHICH THE NOTIFICATION RELATES

The basis for this notification is the execution of transactions of the purchase of the Company's shares on the regulated market on 12 March 2020.

1. THE NUMBER OF SHARES HELD PRIOR TO THE CHANGE IN THE SHAREHOLDING AND THE PROPORTION OF THE COMPANY'S SHARE CAPITAL REPRESENTED BY THOSE SHARES, AS WELL AS THE NUMBER OF VOTES ATTACHED TO THOSE SHARES AND THE PROPORTION OF THE VOTING RIGHTS HELD

Before 12 March 2020, Europi did not own any shares in the Company, and therefore did not have any voting rights at the general meeting of the Company.

1. THE CURRENT NUMBER OF SHARES HELD AND THE PROPORTION OF THE COMPANY'S SHARE CAPITAL REPRESENTED BY THOSE SHARES, AS WELL AS

THE NUMBER OF VOTES ATTACHED TO THOSE SHARES AND THE PROPORTION OF THE VOTING RIGHTS HELD

In the result of the execution of transactions on 12 March 2020, Europi holds directly 13,301,161 (in words: thirteen million, three hundred one thousand and one hundred sixty one) shares of the Company, which represent 12.27% of the total number of shares in the share capital of the Company and entitle to exercise 13,301,161 (in words: thirteen million, three hundred one thousand and one hundred sixty one) of the voting rights at the general meeting of the Company, equal to 12.27% of the total voting rights.

4. SUBSIDIARIES OF THE SHAREHOLDER THAT MAKES THE NOTIFICATION WHICH HOLD THE COMPANY'S SHARES

The subsidiaries of Europi do not have any shares in the Company.

5. ENTITES REFFERED TO IN ARTICLE 87 SECTION 1 POINT 3 LETTER C OF THE ACT OF PUBLIC OFFERING

Entities referred to in Art. 87 section 1 point 3 letter c) of the Act on Public Offering do not exist.

6. FINANCIAL INSTRUMENTS REFFERED TO IN ARTICLE 69B SECTION 2 OF THE ACT ON PUBLIC OFFERING

Europi does not hold any financial instruments referred to in Article 69b section 2 of the Act of Public Offering.

7. THE NUMBER OF VOTES FROM SHARES CALCULATED PURSUANT TO ARTICLE 69B SECTION 3

Europi does not hold any financial instruments referred to in Article 69b section 3 of the Act of Public Offering and therefore Europi does not have any votes from shares, calculated pursuant to Article 69b section 3 of the Act on Public Offering.

8. THE TOTAL NUMBER OF VOTES AS INDICATED PURSUANT TO ARTICLE 69 SECTION 4 POINT (3), (7), AND (8) AND ITS PERCENTAGE SHARE IN THE GENERAL NUMBER OF VOTES.

The total number of votes as indicated pursuant to Article 69 section 4 point (3), (7), and (8) of the Act on Public Offering held by Europi equal to 13,301,161 (in words: thirteen million, three hundred one thousand and one hundred sixty one) of the voting rights at the general meeting of the Company, which give 12.27% of the total voting rights.