Investors

Current report No. 14/2018 EBI

November 9, 2018

Subject: Court registration of the change in the Company’s share capital

Legal basis: § 3.1(2) and § 4.2(2) of Exhibit 3 to the Alternative Trading System Rules “Current and periodic information provided within the alternative trading system on the NewConnect market”.

Content:

The Management Board of Cherrypick Games S.A. (the “Company”) announces that on 9 November 2018 it received a decision of the District Court for the City of Warsaw in Warsaw, 13th Commercial Division of the National Court Register on the registration on 22 October 2018 of amendments to the Company’s Articles of Association with respect to the increase of the Company’s share capital.

The Company’s share capital was increased as part of the conditional share capital increase made pursuant to Resolution No. 15 of the Company’s Ordinary General Meeting of 23 April 2018 as a result of the exercise by eligible persons of their rights under Series A subscription warrants as part of the Incentive Programme for employees, associates and members of the Company’s Management Board, which the Company announced in current report EBI No. 9/2018 of 29 June 2018.
The Company’s share capital was increased from PLN 190,575.00 to PLN 190,695.00 through the issue of 800 Series C ordinary bearer shares, with a nominal value of PLN 0.15 each and a total nominal value of PLN 120. The Company’s share capital after the aforementioned increase is divided into 1,271,300 ordinary bearer shares with a nominal value of PLN 0.15 each, entitling to 1,271,300 votes at the Company’s General Meeting.

The wording of § 7.1 of the Company’s Articles of Association after the aforementioned share capital increase:

“The share capital amounts to PLN 190,695.00 (one hundred and ninety thousand six hundred and ninety-five zlotys) and is divided into 1,271,300 (one million two hundred and seventy-one thousand three hundred) shares, with a nominal value of PLN 0.15 (zero zlotys and fifteen groszy) each, including:

a) 1,150,000 (one million one hundred and fifty thousand) ordinary bearer shares of series A, numbered consecutively from 0,000,001 to 1,150,000,

b) 103,500 (one hundred and three thousand five hundred) ordinary bearer shares of series B, numbered consecutively from 00,000,001 to number 00,103,500,

c) 17,800 (seventeen thousand eight hundred) ordinary bearer shares of series C, numbered consecutively from 0,000,001 to 0,017,800.”

The wording of § 7.1 of the Company’s Articles of Association prior to the aforementioned share capital increase:

“The share capital amounts to PLN 190,575.00 (one hundred and ninety thousand five hundred and seventy-five zlotys) and is divided into 1,270,500 (one million two hundred and seventy thousand five hundred shares, with a nominal value of PLN 0.15 (zero zlotys and fifteen groszy) each, including:

a) 1,150,000 (one million one hundred and fifty thousand) ordinary bearer shares of series A, numbered consecutively from 0,000,001 to 1,150,000,

b) 103,500 (one hundred and three thousand five hundred) ordinary bearer shares of series B, numbered consecutively from 00,000,001 to number 00,103,500,

c) 17,000 (seventeen thousand) ordinary bearer shares of series C, with consecutive numbers from 0,000,001 to 0,017,000.”

Disclaimer: This English language translation has been prepared solely for the convenience of English-speaking readers. Despite all the efforts devoted to this translation, certain discrepancies, omissions or approximations may exist. In case of any differences between the Polish and the English versions, the Polish version shall prevail.