Cyfrowy Polsat S.A. — M&A Activity 2019

Dec 24, 2019

Subject:Obtaining by theManagement Board of Cyfrowy Polsat S.A. of preliminary information on anumber of shares of Asseco Poland S.A. being a subject of sale offerssubmitted by the shareholders of Asseco Poland S.A. in response to aninvitation announced by Cyfrowy Polsat S.A. to submit offers to sellshares of Asseco Poland S.A.

Further to Current ReportNo. 38/2019 dated 18 December 2019 of Cyfrowy Polsat S.A. (the "Issuer"),in which the Issuer announced an invitation to submit offers to sellshares of Asseco Poland S.A. ("Asseco") (the "Invitation"),the Management Board of the Issuer hereby informs that on 24 December2019 it obtained from Trigon Dom Maklerski S.A., acting as anintermediary in implementing the Invitation, a preliminary informationthat in response to the Invitation shareholders of Asseco submittedoffers to sell 18,178,386 shares of Asseco. A final number of Assecoshares being a subject of submitted sale offers is still being verifiedby Trigon Dom Maklerski S.A. and will be disclosed at a later time, oncesuch verification is completed.

The Issuer intends to make adecision on an acquisition of Asseco shares under the Invitation on 27December 2019.

The Issuer will bepublishing updates on further developments in these matters in itssubsequent current reports.