Current report no. 15/2025

Subject: Execution and completion of the buyback of the Company's ownshares

Legal basis: Article 2 sections 2 and 3 of the Commission DelegatedRegulation (EU) 2016/1052 of 8 March 2016 supplementing Regulation (EU)No 596/2014 of the European Parliament and of the Council with regard toregulatory technical standards for the conditions applicable to buy-backprogrammes and stabilisation measures of 8 March 2016 in relation toarticle 5 section 3 of the Regulation (EU) No 596/2014 of the EuropeanParliament and of the Council of 16 April 2014 on market abuse (marketabuse regulation) and repealing Directive 2003/6/EC of the EuropeanParliament and of the Council and Commission Directives 2003/124/EC,2003/125/EC and 2004/72/EC

The Management Board of CD PROJEKT S.A. with a registered office inWarsaw (the "Company") in connection with information made public by wayof the Company's current report no. 14/2025 of 5 September 2025, herebyannounces that as a result of a brokerage order placed on 5 September2025 through Trigon Dom Maklerski S.A., between 8 September 2025 and 12September 2025, 87 914 of the Company's own shares were purchased forthe Company's account at an average weighted price of 254.84 PLN pershare, in accordance with Appendices 1 and 2 to this report

The share buyback was executed on the basis of a resolution of theManagement Board no. 26/2025 dated 5 September 2025 on performingbuyback of the Company's own shares (the "Board Resolution") adopted inexecution of the resolution no. 21 of the Ordinary General Meeting ofthe Company dated 23 June 2025 on authorizing the Management Board ofthe Company to purchase the Company's own shares to facilitate exerciseof Entitlements assigned to Participants at the first stage of IncentiveProgram A, and creating a supplementary capital for this purpose toallow the Company to exercise all or some of the entitlements assignedto the participants at the first stage of Incentive Program A for years2023-2027 by extending an offer to participants to purchase Company'sown shares.

As a result of all transactions carried out as part of the share buybackprogram, i.e. from 8 September 2025 to 12 September 2025 the Companyacquired a total of 87 914 of its own shares, which represents thenumber corresponding to 100% of the entitlements granted to participantsunder the first stage of Incentive Program A for years 2023-2027, activeas at the date of adoption of the Board Resolution, representing 0,09%of its share capital and entitling it to 0,09% of the total number ofvotes at the Company's General Meeting.

Following the acquisition of the entire package of shares covered by thebuyback, the share buyback program has been completed.

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.