Current Report No. 12/2015

Acquisition of shares in PEKAES S.A. by PEK II SCSp.

Legal basis:

Article 70 item 1 of the Act on Public Offering - acquisition or disposal of a significant shareholding

Contents of the Report:

The Management Board of the Company under the business name PEKAES S.A. with registered office in Błonie (the "Company"), acting pursuant to Article 70 item 1 of the Act on Public Offering and Conditions of Introducing Financial Instruments to Organised Trading and on Public Companies of 29

July 2005 (uniform text: Journal of Laws of 2013, item 1382), hereby informs that on 25 June 2015 the Company received the following notification from PEK II SCSp with registered office in Luxembourg ("PEK II"):

"Acting pursuant to Article 69 para. 1 item 1 of the Act on Public Offering and Conditions of Introducing Financial Instruments to Organised Trading and on Public Companies of 29 July 2005 (uniform text: Journal of Laws of 2013, item 1382), PEK II informs that as a result of performance of the Contribution Agreement of 18 June 2015, concluded with PEK Holdings S.à r.l. with registered office at 15, rue Edward Steichen, L-2540, Luxembourg, Grand Duchy of Luxembourg ("PEK Holdings"), on 22 June 2015, in an OTC transaction, PEK Holdings disposed of 1,923,606 shares in the share capital of the Company, representing 6.3026% of the share capital of the Company and entitling to 6.3026% of votes in the total number of votes at the General Meeting of the Company, to PEK II.
Before settlement of the transaction PEK II did not hold any shares in the Company.
After settlement of the transaction, PEK II holds individually 1,923,606 shares in the Company representing 6.3026% of the share capital of the Company and entitling to 6.3026% of votes in the total number of votes at the General Meeting of the Company.
PEK II is not a party to written agreements referred to in Article 87 para. 1 item 5 of the Act. Since KH Logistyka Spółka z ograniczoną odpowiedzialnością Sp.k. with registered office in Warsaw (address: ul. Krucza 24/26, 00-526 Warszawa) and PEK II are subsidiaries of one parent entity within the meaning of Article 3 para. 1 item 43 of the Accounting Act of 29 September 1994 (Journal of Laws no.
121, item 591, as amended), according to Article 87 para. 1 item 5 of the Act there are grounds for believing that there is an oral arrangement between them on consistent voting at the General Meeting of the Company and long-term policy towards the Company.
There are no subsidiaries of PEK II which hold shares in the Company.
PEK II is not a party to any agreements the subject of which is the transfer of the right to exercise the voting rights attached to the shares in the Company."

The Management Board of PEKAES SA

26 June 2015

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