Simfabric S.A. — Capital/Financing Update 2021

Mar 12, 2021

The Management Board of SimFabric S.A. with its seat in Warsaw(hereinafter referred to as: the Company, the Issuer) informs that onMarch 10, 2021, the Company, together with natural persons, Mr.Maximillion Cooper and Mr. Emil Leszczyński, established a joint-stockcompany under the name GR Games S.A. based in Warsaw (hereinafterreferred to as: GR Games, Subsidiary).

The share capital of GR Games amounts to PLN 100,000.00 (say: onehundred thousand zlotys) and is divided into 1,000,000 (say: onemillion) series A shares with a nominal value of PLN 0.10 each. TheIssuer acquired and paid for 190,000 (in words: one hundred and ninetythousand) shares, constituting 19% of the share capital of GR Games. Theremaining shares were acquired and covered by a cash contribution byMaximillion Cooper and Mr. Emil Leszczyński - Chairman of the Issuer'sSupervisory Board, who was also appointed Chairman of the SupervisoryBoard of GR Games. Julia Leszczyńska - President of the Issuer'sManagement Board was appointed the President of the Management Board ofthe Subsidiary.

GR Games was established to create a series of racing, rally and cargames based on the Gumball 3000 brand, licensed exclusively for 10 yearsby GR Games, Maximillion Cooper. Maximillion Cooper, in addition toacquiring a significant stake in GR Games, will also sit on theSupervisory Board of GR Games.

To create the Gumball 3000 series of games, a team of internationalspecialists in the field of racing and rally games will be appointed,who have worked on similar global productions and will provide theGumball 3000 series of games with AA + quality. The previous version ofthe game was created in cooperation with the British company SCI Gamesand was released 20 years ago for the PlayStation 2 console.

The intention of the founders of GR Games is also to introduce GR Gamesto the WSE in the coming years.

The Issuer's Management Board decided to publish the above informationdue to the fact that it may have a significant impact on the futurefinancial and property standing of the Issuer and potentially have asignificant impact on the valuation of the Company's financialinstruments listed in the alternative trading system.