Kruk S.A. — AGM Information 2016

Oct 31, 2016

Current Report No. 102/2016

Date: October 31st 2016

Subject: Notice of Extraordinary General Meeting of KRUK S.A. and draftresolutions

Legal basis: Art. 56.1.2 of the Public Offering Act - Current andperiodic information

Text of the report:

Acting pursuant to Art. 398, Art. 399.1 in conjunction with Art. 402.1and Art. 402.2 of the Commercial Companies Code, and Art. 15.4.a of theCompany's Articles of Association, the Management Board of KRUK S.A.(the "Company") convenes the Extraordinary General Meeting of KRUK S.A.at the Polonia Palace Hotel, Al. Jerozolimskie 45, Warsaw, Poland,Toronto room, 11.30 am, November 29th 2016, with the following agenda:

1) Opening of the Extraordinary General Meeting.

2) Appointment of the Chair of the Extraordinary General Meeting.

3) Confirmation that the Extraordinary General Meeting has been dulyconvened and has the capacity to adopt resolutions.

4) Adoption of the agenda.

5) Adoption of a resolution to: (i) increase the Company's share capitalby no less than PLN 1 (one złoty) and no more than PLN 1,000,000 throughthe issue of new Series G shares, waiver the existing shareholders'pre-emptive rights to all new Series G shares in full, and offer theshares in a private placement to no more than 149 investors; (ii)dematerialise the allotment certificates to Series G shares and newSeries G shares and seek admission of the allotment certificates toSeries G shares and new Series G shares to trading on the regulatedmarket operated by the Warsaw Stock Exchange.

6) Adoption of a resolution to amend the Company's Articles ofAssociation and authorise the Supervisory Board to determine theconsolidated text of the Company's Articles of Association.

7) Adoption of a resolution to approve the acquisition of bonds issuedby KRUK S.A. by members of the Supervisory Board and Management Board.

8) Closing of the Extraordinary General Meeting.

Attached hereto, the Company presents the full text of the notice of theExtraordinary General Meeting of the Company given under Art. 402[2] ofthe Commercial Companies Code, including draft resolutions andappendices thereto to be considered at the General Meeting.

Detailed legal basis: Par. 38.1.1 and Par. 38.1.3 of the Regulation ofthe Minister of Finance of February 19th 2009 on current and periodicinformation [...]