Polski Holding Nieruchomości S.A.

AGM Information • Dec 5, 2016

List of shareholders with at least 5% of the total number of votes atthe Extraordinary General Meeting of Shareholders of December 5, 2016

Current report No. 33/2016 of December 5, 2016

Legal basis: Article 70.3 of the Act on Public Offering - List ofshareholders with at least 5% of votes at the General Meeting ofShareholders

The Management Board of Polski Holding Nieruchomości S.A. (the"Company") hereby provides a list of shareholders with at least 5% ofthe total number of votes at the Extraordinary General Meeting ofShareholders convened for November 28, 2016 and continued on December 5,2016:

1. THE TREASURY: 32,655,617 votes, which constituted 84.43% of votes atthe General Meeting and 69.89% of the total number of votes in theCompany.

2. AVIVA OTWARTY FUNDUSZ EMERYTALNY AVIVA BZ WBK: 4,647,000 votes, whichconstituted 12.02% of votes at the General Meeting and 9.95% of thetotal number of votes in the Company.

Legal basis: Article 70.3 of the Act on Public Offering, ConditionsGoverning the Introduction of Financial Instruments to OrganizedTrading, and Public Companies of July 29, 2005 (Journal of Laws of 2009,No. 185, item 1439).