Kruk S.A. — AGM Information 2021

Jun 11, 2021

Current Report No. 22/2021

Date: June 11th 2021

Subject: Draft resolution proposed by a shareholder on a matter placedon the agenda of the Annual General Meeting

Legal basis: 56.1.2 of the Public Offering Act - Current and periodicinformation

Text of the report:

Further to the notice of an Annual General Meeting of KRUK S.A., givenin Current Report No. 17/2021 of May 20th 2021, the Management Board ofKRUK S.A. announces that on June 11th 2021 it received a draftresolution from an entitled shareholder, Mr Piotr Krupa, President ofthe Management Board (the "Shareholder"), which was prepared followingconsideration of comments received from part of some shareholders on thematter covered in item 13 of the proposed agenda for the Annual GeneralMeeting: "Resolution to setting the rules of an incentive scheme for2021−2024, conditional increase of the Company's share capital and issueof subscription warrants with the existing shareholders' pre-emptiverights waived in whole with respect to shares to be issued as part ofthe conditional share capital increase and subscription warrants, andamendments to the Articles of Association."

The proposal has been submitted pursuant to Art. 401.4 of the CommercialCompanies Code.

The proposed draft resolution is attached to this report.

Detailed legal basis: Par. 19.1.2 of the Regulation of the Minister ofFinance of March 29th 2018 on current and periodic information [...]