Current Report No.28/2023

Date:14 July 2023

Legal Basis:Art. 17(1) of the MAR Regulation

Subject:Issuance of F Series Convertible Bonds

The Management Board of CI Games SE with its registered seat in Warsaw(the "Company") informs

that on 14 July 2023, the Management Board adopted a resolution on theissuance of registered series

F bonds, convertible into ordinary bearer shares of the Company seriesL, with a total nominal value of

the Bonds up to EUR 6,000,000 (six million euro) (the "Bonds"), with anominal value of EUR 100,000

(one hundred thousand euro) each Bond.

The conversion of the Bonds into series L shares will take place on theterms set out in Resolution No.

23/2/2023 of the Ordinary General Meeting of the Company of June 29,2023 "on the issue of

convertible bonds, depriving the Company's shareholders in full of thepre-emptive right to convertible

bonds, conditional increase of the Company's share capital, deprivingthe Company's shareholders of

the pre-emptive right to series L shares in full and amending theCompany's Articles of Association"

and in the Terms of Issuance of Bonds.

The Bonds will bear interest. The interest rate will be fixed and willamount to 8% (eight percent).

Detailed terms of interest payment, including its amount and length ofinterest periods, are specified

in the Terms of Issuance of the Bonds. The bondholder has the right todemand early redemption of

the Bonds in the cases specified in the Terms of Issuance of the Bonds.

The date of issue of the Bonds will be the day specified in the Terms ofIssuance of the Bonds, i.e. the

date on which the Bonds were first recorded in the register kept by theissue agent, in accordance with

the relevant provisions of Polish common law. The redemption date of theBonds will fall on the first

anniversary of the date of issuance of the Bonds, subject to thepossibility of their early redemption,

on the terms set out in the Terms of Issuance of the Bonds.

The Bonds will be offered on the terms set out in the invitation topurchase Bonds, which will be

addressed to a qualified investor within the meaning of Article 2(e) ofRegulation (EU) 2017/1129 of

the European Parliament and of the Council of 14 June 2017 on theprospectus to be published when

securities are offered to the public or admitted to trading on aregulated market and repealing

Directive 2003/71/EC (OJ 2017/1129). EU. L 2017 No. 168, p. 12, asamended; "Regulation

2017/1129"), therefore, in accordance with Regulation 2017/1129, theissuance of Bonds does not

require the publication of a prospectus or information memorandum.

The objective of the Bonds issuance within the meaning of Article 32 ofthe Act on Bonds of 15 January

2015 is to develop the Issuer's business operations.

The Management Board of the Company considered it justified to classifythis information as

confidential within the meaning of Article 7(1) of the MAR Regulation.