Current report no. 7/2025

Subject: The decision of the Management Board to submit a motion to thenext General Meeting of the Company to authorise the Management Board tocarry out the buy-back of the Company's own shares to exerciseentitlements assigned to the participants at the first stage ofIncentive Program A

Legal basis: Art. 17 sec. 1 of MAR - inside information

The Management Board of CD PROJEKT S.A. with its registered office inWarsaw (the "Company") hereby announces that on 7 May 2025 it hasadopted a resolution, under which, i.e.:

(i) it decided to allow the option to proceed with exercise of all orsome of entitlements granted to the participants at the first stage ofIncentive Program A for the financial years 2023-2027 (the "IncentiveProgram A") by extending an offer to participants to purchase Company'sown shares (while at the same time acknowledging the option to exercisethe entitlements assigned to participants at the first stage through thesecond available mechanism for exercising entitlements), and therefore

(ii) it has resolved to apply to the next General Meeting to authorize ashare buyback program pursuant to Art. 362 § 1 item 8 of the CommercialCompanies Code in order to facilitate exercise of all or some of theentitlements assigned to the participants at the first stage ofIncentive Program A by extending an offer to participants to purchaseCompany's own shares, under the terms and conditions set in theresolution and indicated also in the draft of a resolution of theGeneral Meeting of the Company attached to this report , which theManagement Board plans to present to the next General Meeting for avote, in particular providing that:

the total number of the shares purchased by the Company will not exceed89,601,

the price of a single share may not be lower than PLN 1.00 and may notexceed PLN 450.00,

the total amount, which may be allocated by the Company for the purchaseof shares shall amount to not more than PLN 40,320,450.00.

The final decision on the authorisation of the Management Board restswith the General Meeting of the Company.

Disclaimer: This English language translation has been prepared solelyfor the convenience of English speaking readers. Despite all the effortsdevoted to this translation, certain discrepancies, omissions orapproximations may exist. In case of any differences between the Polishand the English versions, the Polish version shall prevail. CD PROJEKT,its representatives and employees decline all responsibility in thisregard.