Legal basis
Article 56 paragraph 1 item 2 of the Act on the offer – current and periodic information

The Board of Directors of Zakład Budowy Maszyn “ZREMB-CHOJNICE” S.A. (Joint Stock Company) (the “Issuer”, “Company”), with reference to the current report No. 22/2020 of August 7, 2020, hereby informs that on November 16, 2020, the Board of Directors of the Issuer has received information on registration of an increase in the share capital of the Issuer on the basis of the received decision issued by the the District Court Gdańsk – Północ in Gdańsk, VIII Commercial Division of the National Court Register as of October 20, 2020.

Pursuant to the decision, the amount of the share capital of the Issuer was increased by the amount of 561.455,50 PLN, i.e. from 5.738.544,50 PLN to 6.300.000,00 PLN by issuing 1.122.911 new series I ordinary bearer shares of the nominal value of PLN 0.50 each.

Accordingly, the structure of the share capital of the Issuer and the content of § 7 item 1 and 2 of the Articles of association are also changed and shall read as follows:
“1. The share capital of the Company amounts to PLN 6,300,000.00 (say: six million three hundred thousand zlotys) and is divided into 12,600,000 (say: twelve million six hundred thousand) ordinary bearer shares with a nominal value of PLN 0.50 (say: fifty groszy)

  1. The share capital is divided into:
    a) 400,000 (say: four hundred thousand) series A shares;
    b) 4,000,000 (say: four million) series B shares;
    c) 900,000 (say: nine hundred thousand) series C shares;
    d) 1,000,000 (say: one million) series D shares;
    e) 280,000 (say: two hundred and eighty thousand) series E shares;
    f) 320,000 (say: three hundred and twenty thousand) series F1 shares;
    g) 497,600 (say: four hundred ninety seven thousand six hundred) series F2 shares;
    h) 1,182,400 (say: one million one hundred eighty two thousand four hundred) series F3 shares;
    i) 142,500 (say: one hundred forty two thousand five hundred) series G shares;
    j) 2,754,589 (say: two million seven hundred fifty four five hundred eighty nine) series H shares;
    k) 1,122,911 (one million, one hundred and twenty two thousand, nine hundred and eleven) series I shares.”

The total number of votes resulting from all the shares issued amounts now to 12,600,000 (say: twelve million six hundred thousand) votes.

The amount of target capital remaining to be taken up is PLN 438,544.50 (say: four hundred and thirty eight thousand five hundred and forty four zlotys and fifty groszy).

Legal basis: § 5 item 1 of the Regulation of the Minister of Finance of March 29, 2018 on current and periodic information to be provided by issuers of securities and the conditions of acknowledgement of the information required by the laws of a non-member state as equivalent (Journal of Laws of 2018, item 757).

SIGNATURES OF PERSONS ACTING ON BEHALF OF THE COMPANY
Date Name and Surname Position/Function Signature
2020-11-16 Krzysztof Kosiorek-Sobolewski Chairman of the Management Board
2020-11-16 Marcin Garus Deputy Chairman of the Management Board