Legal basis: Art. 70.1 of the Act on Public Offering – purchase or sale of a significant share package

The Board of Directors of Zakład Budowy Maszyn “ZREMB-CHOJNICE” S.A. (Joint Stock Company) (the “Issuer”, “Company”) informs that on November 18, 2020, the Company has received a notification prepared pursuant to the Art. 69 paragraph 1 item 1) of the Act of July 29, 2005 on public offering and the conditions for introducing financial instruments to an organized trading system and on public companies (Journal of Laws 2018, item 512) on increase of the share capital in the total number of votes at the General Meeting by a shareholder of the Company, Mr. Krzysztof Kosiorek-Sobolewski, with the following content:

“I, the undersigned Krzysztof Kosiorek-Sobolewski, acting on my own behalf pursuant to the Art. 69 paragraph 1 item 1) of the Act on Public Offering and the conditions for introducing financial instruments to an organized trading system and on public companies (the “Act”), hereby inform about an increase of the share capital held by me so far in the total number of votes at the General Meeting of the ZBM “ZREMB-CHOJNICE” S.A. (Joint Stock Company) (the “ZREMB”, the “Company”) to above the threshold of 20%.


The increase of the share capital held by me so far above 20% in the total number of votes at the General Meeting of the Company took place as a result of purchase of the shares of the Company and registration of the increase of the share capital as a result of issuing series I shares and then a registration of changes in the Articles of association of the ZREMB, resulting from the decision of the District Court Gdańsk – Północ in Gdańsk, VIII Commercial Division of the National Court Register as of October 20, 2020, about which I was informed on November 16, 2020 (the “Transaction”).


Prior to the Transactions, I owned 2,250,361 shares of the Company entitling to cast 2,250,361 votes at the General Meeting of ZREMB, which constituted 19.61% of the share capital of the Company and 19.61% of the total number of votes at the General Meeting of ZREMB.


As a result of the Transactions, I currently hold 2,855,943 shares of the Company, entitling to cast 22.67% of votes at the General Meeting of ZREMB, which constitutes 2,855,943 of the share capital of the Company and 22.67% of the total number of votes at the General Meeting of ZREMB.


At the same time, I hereby inform that other subsidiaries do not hold shares in the Company, and I have not concluded any agreements or contracts the subject of which would be the transfer of rights to exercise voting rights at the General Meeting of the Company, and that I am not entitled to any additional voting rights under the shares pursuant to Art. 69 paragraph 4 item 7 and 8 of the Act on Offering.”

SIGNATURES OF PERSONS ACTING ON BEHALF OF THE COMPANY
Date Name and Surname Position/Function Signature
2020-11-18 Krzysztof Kosiorek-Sobolewski Chairman of the Management Board
2020-11-18 Marcin Garus Deputy Chairman of the Management Board