Mabion S.A. — Share Issue/Capital Change 2021

Feb 19, 2021

The Management Board of Mabion S.A. ("Company") hereby informs that onFebruary 18,2021, 500 S series ordinary bearer shares with nominal valueof PLN 0.10 each, issued by the Company in connection with the exerciseby eligible persons of the rights under B series subscription warrantsgranted to them as part ofthe Incentive Scheme for 2019, were recordedon the securities accounts of the eligible persons. Recordingdematerialized shares of a public company on securities accounts isequivalent to the issue of shares within the meaning of Article 451 § 2of the Commercial Companies Code.

The Incentive Scheme was adopted by Resolution No. 24/VI/2018 of theOrdinary General Meeting of the Company of 28 June 2018 on theintroduction of the Incentive Scheme, and the issue of S series sharestook place in performance of Resolution No. 25/VI/2018 of the OrdinaryGeneral Meeting of the Company of 28 June 2018on the issue, for thepurpose of implementing the Incentive Scheme, of A and B seriessubscription warrants with the exclusion of the pre-emptive right of theexisting shareholders to subscribe for R series shares and S seriesshares,and the conditional increase of the share capital through theissue of R series shares and S series shares with the exclusion of thepre-emptive right of the existing shareholders,and the related amendmentof the Company's Articles of Association.

Therefore, after the issue of the above mentioned S series shares, theCompany's share capital currently amounts to PLN 1,373,077.20 and isdivided into 13,730,772 shares with a nominal value of PLN 0.10 each,including:

- 450,000 registered preference A series shares,

- 450,000 registered preference B series shares,

- 450,000 registered preference C series shares,

- 450,000 ordinary bearer D seriesshares,

- 100,000 registered preference E series shares,

- 100,000 registered preference F series shares,

- 20,000 registered preference G series shares,

- 2,980,000 ordinary bearer H series shares,

- 1,900,000 ordinary bearer I series shares,

- 2,600,000 ordinary bearer J series shares,

- 790,000 ordinary bearer K series shares,

- 510,000 ordinary bearer L series shares,

- 360,000 ordinary bearer M series shares,

- 340,000 ordinary bearer N series shares,

- 300,000 ordinary bearer O series shares,

- 1,920,772 ordinary bearer P series shares,

- 10,000 ordinary bearer S series shares.

Registered shares of A, B, C, E, F and G series are privileged in suchmanner that each of them entitles to two votes at the General Meeting.The total number of votes resulting from all issued shares of theCompany is 15,300,772 votes.

The amount of the conditional increase of the Company's share capitalresulting from the above-mentioned Resolution No. 25 / VI / 2018 of theOrdinary General Meeting of the Company of June 28, 2018 currentlyamounts to PLN 11,500.