Series D Bonds Issue

With reference to Current Report No. 35/2022 of 16 December 2022 concerning, among other things, the decision of Cyfrowy Polsat S.A. (the “Company”) to issue no more than 2,670,000 unsecured series D bearer bonds with the nominal value of PLN 1,000 each and the aggregate nominal value not exceeding PLN 2,670,000,000 (the “Series D Bonds”) and Current Report No. 38/2022 of 21 December 2022 on the allotment of 2,670,000 Series D Bonds, the Company hereby announces that it has received information from Trigon Dom Maklerski S.A. on the placement of 2,670,000 Series D Bonds on 11 January 2023. Considering the foregoing, on 11 January 2023, the issue of 2,670,000 Series D Bonds, with the nominal value of PLN 1,000 each and the total nominal value of PLN 2,670,000,000, was completed.

The full contents of the terms and conditions of the Series D Bonds issue are available to the public on the Company’s website at https://grupapolsatplus.pl/en/investor-relations/bonds and on the website of the Warsaw Stock Exchange at www.gpwcatalyst.pl.

Legal basis: Article 17 Section 1 of the Regulation (EU) No 596/2014 of the European Parliament and of the Council of 16 April 2014 on market abuse (market abuse regulation) and repealing Directive 2003/6/EC of the European Parliament and of the Council and Commission Directives 2003/124/EC, 2003/125/EC and 2004/72/EC.

Disclaimer:

This current report was prepared in accordance with Article 17 Section 1 of Regulation No 596/2014 of the European Parliament and of the Council of 16 April 2014 on market abuse (market abuse regulation) and repealing Directive 2003/6/EC of the European Parliament and of the Council and Commission Directives 2003/124/EC, 2003/125/EC and 2004/72/EC.

This current report is for information only and is published by the Company solely in order to provide information regarding the decision to issue Series D Bonds. This current report is by no means intended, whether directly or indirectly, to promote the offer or the issuance of the Series D Bonds, and does not constitute advertising material prepared or published by the Company for the purpose of promoting the offer or the issuance of the Series D Bonds or soliciting, whether directly or indirectly, prospective investors. No prospectus, information memorandum or other offering documents were or are required to be provided in connection with the offer or with the issuance of Series D Bonds under the Prospectus Regulation or under the Act of 29 July 2005 on Public Offering, Conditions Governing the Introduction of Financial Instruments to Organized Trading, and Public Companies.

This current report or any part hereof is not intended for distribution, whether directly or indirectly, within the territory of or in the United States of America or other jurisdictions where such distribution, publication or use may be subject to restrictions or may be prohibited by law. The securities referred to in this material have not been and will not be registered under the U.S. Securities Act of 1933, as amended, and they cannot be offered or sold in the United States of America. The Company does not intend to register the Series D Bonds or conduct any offering of the Series D Bonds in the United States of America. The Series D Bonds were only offered and sold outside the United States of America in offshore transactions in reliance on Regulation S under the U.S. Securities Act.