Dino Polska S.A.

Capital/Financing Update • Jul 1, 2022

Current ReportNo. 9/2022 -_quot;DINO POLSKA_quot; S.A. bond issue underconsideration within theframework ofthe established bond issuance program

TheManagement Board of _quot;DINO POLSKA_quot; S.A. ("Company")reports that it is giving consideration to conducting a bond issue underthe Company's Bond Issuance Program of 21 September 2017 (as amended),which the Company reported in current reports no. 19/2017 and no.10/2021.

Subjectto satisfactory conditions on the debt securities market, the Companywill issue bonds with the following borderline parameters:

1)the bond tenor will be up to 4 years;2)the bonds will be issued in the form of bonds secured by suretiesgranted by selected companies in the Company's group;3)the bonds will be issued under a procedure of being offered for purchasepursuant to art. 33 item 1 of the Bond Act of 15 January 2015 in amanner that will not require the Company to prepare a prospectus orinformation memorandum;4) the bondswill be issued in book-entry form and will be recorded in KrajowyDepozyt Papierów Wartościowych S.A. (National Securities Depository);5)the Company's performances by virtue of the bonds will be purelyfinancial and will involve the payment of the nominal value and interest;6)the bond interest will be floating interest.

Thespecific parameters of the bonds, the issue size and the interest ratewill be determined in the process of negotiations with financialinstitutions that will be conducted during the bond issuance process.The Company's final decision on issuing the bonds and the specificconditions for that will be made at the stage when the Company'sManagement Board adopts the pertinent resolution. If the bond issue iscompleted, the Company will publish the relevant information in aseparate report.

Legal basis:_#160;Article17 of Regulation (EC) No 596/2014 of the European Parliament and of theCouncil of 16 April 2014 on market abuse (market abuse regulation) andrepealing Directive 2003/6/EC of the European Parliament and of theCouncil and Commission Directives 2003/124/EC, 2003/125/EC and 2004/72/EC