Current report 5/2020 of 24 January 2020

Court registers Company’s share capital increase and amendment of Articles of Association

In reference to current report 35/2019 of 10 December 2019, the Management Board of REINO Capital S.A., based in Warsaw, (“Company”) announces that today the Company learned that the District Court for the Capital City of Warsaw, 12th Commercial Division of the National Court Register, (“Court”) had on 23 January 2020 registered an increase of the Company’s share capital as adopted by the Company’s Extraordinary General Meeting on 10 June 2019 (“Extraordinary General Meeting”).

The share capital increase was carried out on the basis of resolution 4 of the Extraordinary General Meeting on 10 June 2019 regarding an increase of the Company’s share capital through the issue of series G shares, with pre-emption rights to the new series G issue for the existing shareholders being excluded completely, and a statement from the Company’s Management Board submitted in accordance with art. 310 § 2 and § 4 in connection with art. 431 § 7 and art. 441 § 2 point 5 of the Polish Commercial Companies Code, on 10 December 2019 following the series G share issue.

The Company’s share capital was increased from PLN 31 077 440.00 to PLN 33 982 440.00 through the issue of 3 631 250 series G bearer shares.

Share capital currently amounts to PLN 33 982 440.00. Share capital is divided into:

a) 781 250 ordinary bearer shares series A, with nominal value of PLN 0.80 each;

b) 150 000 ordinary bearer shares series B, with nominal value of PLN 0.80 each;

c) 100 000 ordinary bearer shares series C, with nominal value of PLN 0.80 each;

d) 1 031 250 ordinary bearer shares series D, with nominal value of PLN 0.80 each;

e) 25 808 300 ordinary bearer shares series E, with nominal value of PLN 0.80 each;

f) 10 976 000 ordinary bearer shares series F, with nominal value of PLN 0.80 each;

g) 3 631 250 ordinary bearer shares series G, with nominal value of PLN 0.80 each.

The total number of voting rights attached to all of the Company’s shares is 42 478 050.

All of the Company’s outstanding shares are ordinary shares, with no preference shares.

Following registration of the share capital increase, sec. 1 and sec. 2 in § 8 are amended. A consolidated version of the Company’s Articles of Association that includes the aforementioned change and drafted on the basis of the Management Board statement of 10 December 2019 is attached to this report.

Legal basis: Art. 56 sec. 1 point 2 of the Act on Public Offerings – current and periodic information

Detailed legal basis: § 5 point 1 of the Ordinance of the Minister of Finance dated 29 March 2018 on current and periodic information disclosed by issuers of securities and the conditions for recognising as equivalent information required by the laws of a non-member state