Subject:Cyfrowy Polsat S.A. signsannex to share purchase agreement concerning PAK-Polska Czysta Energiasp. z o.o.The ManagementBoard of Cyfrowy Polsat S.A. ("Company", "Buyer"), in connection withcurrent report no. 38/2021 of 20 December 2021 on the execution ofpreliminary share purchase agreements concerning the acquisition ofshares in PAK-Polska Czysta Energia sp. z o.o., Port Praski sp. z o.o.and Pantanomo Limited, announces that on 30 March 2022 the Companysigned an annex ("Annex") to the preliminary purchase agreementconcerning the shares in PAK-Polska Czysta Energia sp. z o.o. with itsregistered office in Konin ("PAK-PCE"), representing 67% of PAK-PCE'sshare capital ("PAK-PCE Shares"), executed on 20 December 2021 betweenthe Company and ZE PAK S.A. with its registered office in Konin ("ZEPAK"), (the "Agreement").TheCompany and ZE PAK ("Parties") signed the Annex in order to:_#9679;change the long-stop date set for the fulfillment of all conditionsprecedent set out in the Agreement; and_#9679;provide for a down payment that the Company will make to ZE PAK againstthe purchase price of the PAK-PCE shares in an amount not exceeding atotal of: (i) the base price for the PAK-PCE Shares set out in theAgreement, i.e. PLN 193,104,000 (one hundred ninety three million onehundred four thousand PLN) and (ii) the purchase price of additionalshares in PAK-PCE that are to be issued pursuant to an additionalcommitment under the Agreement ("New Shares"), and then sold to theBuyer, amounting to PLN 607,355,000 (six hundred seven million threehundred and fifty five thousand PLN), subject to adjustments related tothe working capital settlements contemplated in the Agreement ("DownPayment").The long-stopdate under the Agreement is changed to reflect information received bythe Company and ZE PAK that one of the conditions precedent cannot befulfilled by the originally adopted date, i.e. by 31 March 2022.Consequently, the Annex postpones the long-stop date to 30 September2022.The Down Payment can bedisbursed to ZE PAK in a single payment or in installments, upon ZEPAK's written request and within 3 (three) business days of its receiptby the Company. As a precondition for the Down Payment disbursement, ZEPAK will establish a collateral in the form of an ordinary pledge andregistered pledge on PAK-PCE shares representing 67% of the PAK-PCEshare capital.The Partiesalso agreed in the Annex that the Company's disbursement of eachinstallment of the Down Payment to ZE PAK will discontinue, as of thatday, the accrual of interest on a portion of the PAK-PCE Shares basepurchase price corresponding to that Down Payment installment, if theaccrual of such interest was required under the Agreement.On30 March 2022, the Company's Supervisory Board resolved, among otherthings, to: (i) approve the acquisition of the PAK-PCE Shares by theCompany; (ii) approve the acquisition of the New Shares by the Company(jointly the "Transaction"), (iii) authorize the Company's ManagementBoard to take any actual and legal actions necessary to complete thetransactions contemplated in the Agreement, which includes the executionand performance of the preliminary purchase agreement for the PAK-PCEShares; (iv) approve the execution of the Annex; and (v) authorize theCompany to make the Down Payment.TheTransaction qualifies as a material related-party transaction within themeaning of Article 90h of the Act on Public Offering, ConditionsGoverning the Introduction of Financial Instruments to OrganizedTrading, and Public Companies of 29 July 2005 (Journal of Laws from2021, item 1983, as amended).Asthe Transaction will be executed at arm's length, it will not prejudicethe interests of the Company or its shareholders who are not relatedparties, including minority shareholders. For the purpose of theTransaction and establishing the price of the acquired entities theCompany has obtained an independent fairness opinion from DeloitteAdvisory sp. z o.o., confirming the pricing fairness.Legalbasis: Article 17 Section 1 of the Regulation (EU) No 596/2014 of theEuropean Parliament and of the Council of 16 April 2014 on market abuse(market abuse regulation) and repealing Directive 2003/6/EC of theEuropean Parliament and of the Council and Commission Directives2003/124/EC, 2003/125/EC and 2004/72/EC