Acquisition of Total Fitness sp. z o.o.Management Board ofBenefit Systems S.A. with its registered seat in Warsaw (the "Issuer")hereby announces that on November 4, 2021, the Issuer, as the buyer,concluded with, inter alia, shareholders of Total Fitness Sp. z o.o.with its registered seat in Warsaw ("Company"), i.e. with the mainshareholder of the Company - Blokada Holding AB with its registered seatin Stockholm (a subsidiary of Mr Aleksander Wilewski) and Ms KatarzynaKrajewska and Mr Maciej Krajewski (hereinafter jointly as the"Sellers"), agreement for the sale of shares in the Company("Agreement"). The Sellers are not related to the members of theIssuer's governing bodies.

Under the Agreement:

1) On the date of the Agreement, the Issuer acquired 4,603 shares,representing 88.23% of the share capital of the Company,

2) The Issuer will acquire 614 shares, representing 11.77% of the sharecapital of the Company, after the purchase price of these shares issettled.

In total, the subject of the Agreement is the sale to the Issuer of5,217 shares, constituting 100% of the share capital of the Company.

The selling price of the Company's shares is not less than PLN 75million and not more than PLN 85 million, and its final amount dependson the Company's EBITDA and the Company's net debt for 2022 or 2023,calculated in accordance with the provisions of the Agreement. TheCompany's EBITDA for 2022 or 2023 entitling to obtain the selling priceof the Company's shares above the minimum price is PLN 9.375 million.Under the Agreement, the Issuer is entitled to set off the claims theIssuer is entitled to against the Sellers of the Company's shares withthe price for these shares.

Settlement of the price under the Agreement is effected as follows:

(i) the first installment of PLN 50 million was paid on November 4, 2021,

(ii) the second installment of PLN 20 million will be paid by January 3,2022 or April 1, 2022, depending on the fulfillment of the conditionsspecified in the Agreement,

(iii) the third installment in the amount of PLN 5 million will be paidon April 3, 2023 or April 1, 2024, depending on the fulfillment of theconditions specified in the Agreement,

Any adjustment of the selling price of the Company's shares (dependingon the Company's EBITDA and the Company's net debt for 2022 or 2023)will take place on April 3, 2023 or April 1, 2024.

Within 3 years from the conclusion of the Agreement, the disposal of theCompany's shares by the Sellers will depend on the consent of the Issuer.

The Agreement also specifies other obligations of the parties to theAgreement i.a. regarding the security of its implementation (includingput and call options) and others not deviating from the applicablestandards for this type of agreement.

The Company conducts business within 14 fitness clubs located in themost important districts of Warsaw, Piaseczno, Pruszków, Gdańsk andRadom (14 clubs in total). In 2020, the above-mentioned fitness clubsgenerated revenues of PLN 21.9 million and normalized EBITDA of PLN 3.7million.