PCF Group S.A. — Share Issue/Capital Change 2020

Dec 17, 2020

The Management Board of PCF Group S.A. with its registered office inWarsaw (the "Company") hereby informs that on 9 December 2020 theNational Depository of Securities (Krajowy Depozyt PapierówWartościowych S.A.; the "NDS") registered 2,062,512 (two millionsixty-two thousand five hundred and twelve) series A ordinary bearershares with a nominal value of PLN 0.02 each (the "Series A Shares")under ISIN code PLPCFGR00010 effective on 11 December 2020.

In addition, on 15 December 2020 the NDS conditionally registered thefollowing securities of the Company:

25,437,488 (twenty-five million four hundred and thirty-seven thousandfour hundred and eighty-eight) Series A Shares under ISIN codePLPCFGR00010 provided that they are admitted to trading on the regulatedmarket; and

2,062,512 (two million sixty-two thousand five hundred and twelve)rights to series B ordinary bearer shares with a nominal value of PLN0.02 each (the "Rights to Shares") under ISIN code PLPCFGR00036 providedthat they are admitted to trading on the regulated market.

An announcement on the registration of the Series A Shares and theRights to Shares will be published in the NDS operating communication..