Current report no. 8/2023

Subject: Decision on establishing an impairment allowance regardingProject Sirius

Legal basis: Art. 17.1 of MAR - inside information

Content:

The Management Board of CD PROJEKT S.A. with its registered seat inWarsaw ("Company") hereby announces its decision regarding theestablishment in the Company's books of an impairment allowance withregard to expenses incurred in the scope of development work related toProject Sirius, which is under development at The Molasses Flood studio.The value of expenses incurred by the end of 2022 amounts to 33.4million PLN and will burden the financial results of the Company and theCD PROJEKT Group for the year 2022. The value of expenses incurred inJanuary and February 2023 amounts to 9.5 million PLN and willaccordingly burden the financial results for the first quarter of 2023.

The aforementioned decision is based on results of evaluation of thescope and commercial potential of the original concept of ProjectSirius, and ongoing work on formulating a new framework for this project.

Disclaimer:

This English language translation has been prepared solely for theconvenience of English speaking readers. Despite all the efforts devotedto this translation, certain discrepancies, omissions or approximationsmay exist. In case of any differences between the Polish and the Englishversions, the Polish version shall prevail. CD PROJEKT, itsrepresentatives and employees decline all responsibility in this regard.