31/2023 Sale Of Shares In Subsidiaries

The Management Board of CPD S.A. based in Warsaw (“Company”), informs that on September 29, 2023, the Company concluded the following share sale agreements with a company that is not an entity related to the Company:

• 1) share sale agreement, under which the buyer purchased 101 shares in the share capital of “ANTIGO INVESTMENTS” Spółka z ograniczonąodpowiedzialnością from the Company for a price constituting their book value, i.e. PLN 2,000.00.
• 2) a conditional share sale agreement, under which the purchaser will purchase from the Company 216 shares in the share capital of CELTIC ASSET MANAGEMENT Spółka z ograniczonąodpowiedzialnością for a total price of PLN 400,000.00. Due to the fact that CELTIC ASSET MANAGEMENT Spółka z ograniczonąodpowiedzialnością is the owner of agricultural real estate, the share sale agreement was concluded on the condition that the National Center for Agricultural Support did not exercise the right of pre-emption of the shares.
• 3) share sale agreement, under which the buyer purchased from the Company 3,711 shares in a company incorporated under Cypriot law LAKIA ENTERPRISES LIMITED, the book value of which is PLN 0, for a total price of PLN 1,000.00

The remaining terms and conditions of the concluded contracts do not differ from those customarily adopted for this type of contracts.
The Company’s Management Board found it justified to classify this information as confidential within the meaning of Art. 17 section 1 of the MAR Regulation.

Legal basis:
Art. 17 section 1 MAR – confidential information

Signatures of persons representing the Company:
ElżbietaWiczkowska, Member of the Management Board, September 29, 2023
Iwona Makarewicz, Member of the Management Board, September 29, 2023