Current Report No. 13/2022 ESPI – Receipt of notification of change in holding of Company shares

July 14, 2022

Company: CHERRYPICK GAMES S.A.

Subject: Receipt of notification of change in holding of Company shares

Legal basis: Art. 70 sec 1 Public Offering Act – acquisition or disposal of a significant block of shares.

Content:

The Management Board of Cherrypick Games S.A. announces that on 12 July 2022 it received from Movie Games S.A., with its registered office in Warsaw, a notification of a change in the threshold specified in Article 69(1)(2) of the Act of 29 July 2005 on Public Offering, Conditions Governing the Introduction of Financial Instruments to Organised Trading, and Public Companies, with the following wording:

“Acting on behalf of Movie Games S.A., a company with its registered office in Warsaw (the “Notifier”), on the basis of Article 69 (1) para. 2 of the Act of 29 July 2005 on Public Offering, Conditions Governing the Introduction of Financial Instruments to Organised Trading, and Public Companies (“Act on Offering”), I hereby give notice of a change in the stake previously held in the total number of votes in Cherrypick Games S.A., Warsaw, so that the Notifier’s share in the total number of votes in Cherrypick Games S.A. has decreased from 5.01% to below 5.00%, i.e. 2.45%.
1). Date and type of event causing the change in the shareholding to which the notification relates The change in the previously held share in the total number of votes in Cherrypick Games S.A. occurred as a result of the following transactions performed in the alternative trading system on the NewConnect market: disposal of 19.039 ordinary bearer shares of Cherrypick Games S.A. on 04 July 2022 on the NewConnect market; disposal of 9,662 ordinary bearer shares of Cherrypick Games S.A. on 05 July 2022 on the NewConnect market; disposal of 6,120 ordinary bearer shares of Cherrypick Games S.A. on 06 July 2022 on the NewConnect market.
2). The number of shares held prior to the change in shareholding and their percentage share in the company’s share capital, and o the number of votes attached to these shares and their percentage share in the total number of votes Prior to the change in the shareholding in the total number of votes in Cherrypick Games S.A. The notifying party held 68,101 ordinary bearer shares in Cherrypick Games S.A., representing approximately 5.01% in the share capital of Cherrypick Games S.A. and carrying 68,101 votes at the general meeting of Cherrypick Games S.A., which constituted 5.01% of the total number of votes in Cherrypick Games S.A.
3). Number of shares currently held and their percentage share in the company’s share capital, as well as the number of votes attached to those shares and their percentage share in the total number of votes As a result of the transactions referred to in point 1 above, the Notifier currently holds 33,280 ordinary bearer shares in Cherrypick Games S.A, representing approximately 2.45% of the share capital of Cherrypick Games S.A., carrying 33,280 votes at the general meeting of Cherrypick Games S.A., which represents 2.45% of the total number of votes of Cherrypick Games S.A.
4). Subsidiaries of the notifying shareholder holding shares in the company No subsidiary of the notifying shareholder holds shares in Cherrypick Games S.A.
5). Persons referred to in Article 87(1)(3)(c) The Notifier declares that there are no third parties with whom an agreement has been concluded, the object of which is the transfer of the right to exercise the voting right. Moreover, the Notifier does not own the financial instruments referred to in Article 69b(1) of the Act on Public Offering, and therefore Article 69(4)(7)-(8) does not apply.
6). The number of votes attached to shares, calculated in the manner referred to in Article 69b(2), which the holder of financial instruments referred to in Article 69b(1)(1) and financial instruments referred to in Article 69b(1)(2) which are not exercised exclusively through cash settlement, the type or name of those financial instruments, the date on which they expire and the date or date on which the acquisition of the shares will or may take place. None.
7). Number of votes attached to the shares, calculated as set out in Article 69b(3), to which the financial instruments referred to in Article 69b(1)(2) relate directly or indirectly, the type or name of those financial instruments and the date of expiry of those financial instruments. None.
8). The total sum of the number of votes indicated pursuant to items 3, 7 and 8 and its percentage share in the total number of votes The total sum of the number of votes indicated pursuant to items. 3, 7 and 8 amounts to 33,280 votes at the general meeting of Cherrypick Games S.A., which represents 2.45% of the total number of votes.