Legal basis: Article 17 (1) of MAR – confidential information.

With reference to the current reports ESPI No. 5/2023 of 19 April 2023 and ESPI No. 8/2023 of 24 April 2023, the Management Board of Creepy Jar S.A. with its registered office in Warsaw (hereinafter referred to as the “Company”) informs that today the following shares issued under the 2020-2022 Incentive Scheme have been taken up and paid for by eligible persons, including:

– 4,928 (four thousand nine hundred twenty-eight) new series D ordinary bearer shares (“Series D Shares”) with a nominal value of PLN 1.00 (one zloty) each, were covered by cash contributions in the form of bank transfers to the Company’s account, at a unit issue price of PLN 1.00 (one zloty),

– 15,000 (fifteen thousand) new series E ordinary bearer shares (“Series E Shares”) with a nominal value of PLN 1.00 (one zloty) each, were covered by cash contributions in the form of bank transfers to the Company’s account, at a unit issue price of PLN 186.20 (one hundred eighty-six 20/100 zlotys).

Following the conclusion of agreements to take up and pay for Series D Shares and Series E Shares, the Company’s Management Board will determine the share capital for the purpose of registering the share capital increase in the National Court Register. Subsequently, the Company’s Management Board will take steps to register Series D Shares and Series E Shares in the Central Securities Depository of Poland and to introduce and admit Series D Shares and Series E Shares to trading on the regulated market operated by WSE, provided that the conditions for such admission and introduction are met.

Together with the conclusion of subscription agreements, all Members of the Management Board entered into lock-up agreements with the Company (represented by the Chairman of the Supervisory Board) restricting the sales of shares subscribed under the Incentive Scheme for a period of 12 (twelve) months.

At the same time, in accordance with § 8 (8) of the Regulations of the 2020-2022 Incentive Scheme, all Members of the Company’s Management Board adopted a resolution to release from lock-up of other eligible persons not holding any positions in the Company’s Management Board, who have taken up Series D Shares. Therefore, a total of 3,632 (three thousand six hundred and thirty-two) series D ordinary bearer shares were released from the lock-up.