The Management Board of Cherrypick Games S.A. “the Company” informs that in connection with Resolution No. 15 of the Company’s Annual General Meeting of 24 June 2019 on increasing the Company’s share capital by private subscription of series D shares with exclusion of the pre-emptive right of existing shareholders and on amending the Company’s Articles of Association and applying for admission and introduction of series D shares to trading on a regulated market operated by the Warsaw Stock Exchange S. A. and dematerialisation of series D shares, two agreements were concluded on 27 June 2019 to take up a total of 88,000 series D bearer shares with a nominal value of PLN 0.15 each, at an issue price of PLN 59.00. The share subscription contribution will be paid by 11 July this year. The agreements were concluded in order to fulfil the obligation to take up shares of the new issue at a value equal to the net sale price of the Company’s shares made by members of the Company’s Management Board – Mr Marcin Kwaśnica and Mr Michał Sroczyński, referred to in current report ESPI 3/2019 of 11 April 2019.