Kruk S.A. — Share Issue/Capital Change 2022

Oct 5, 2022

Current Report No. 69/2022

Date: October 5th 2022

Subject: Delivery of shares following conditional share capital increase

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

Text of the report:

The Management Board of KRUK S.A. (the "Company") announces that onOctober 5th 2022 a total number of 191,060 Series F shares of theCompany (the "Shares"), acquired in exchange for subscription warrantsunder the incentive scheme adopted by Resolution No. 26/2014 of theAnnual General Meeting of May 28th 2014, were recorded in the securitiesaccounts of eligible persons.

Accordingly, pursuant to the provisions of Art. 452.1 of the CommercialCompanies Code, on the date when the Shares were recorded in thesecurities accounts the Company's share capital was increased from PLN19,127,730.00 to PLN 19,318,790.00, i.e. by PLN 191,060.00.

Following the increase, the Company's share capital amounts to PLN19,318,790.00 and is divided into 19,318,790 shares with a par value ofPLN 1.00 per share, including

a) 2,421,220 Series A ordinary bearer shares,

b) 11,366,600 Series AA ordinary bearer shares,

c) 1,250,000 Series B ordinary bearer shares,

d) 491,520 Series C ordinary bearer shares,

e) 1,100,000 Series D ordinary bearer shares,

f) 843,876 Series E ordinary bearer shares,

g) 845,574 Series F ordinary bearer shares,

h) 1,000,000 Series G ordinary bearer shares.

The total number of voting rights attached to all shares issued by theCompany is 19,318,790.

The amount of the conditional share capital increase after the deliveryof the Shares is as follows:

a. with respect to Series F shares: PLN 2,376.00,

b. with respect to Series H shares: PLN 950,550.00.

Detailed legal basis: Par. 5.8 and Par. 13 of the Regulation of theMinister of Finance of March 29th 2018 on current and periodicinformation [...]