Subject:Side and Policy Agreementexecuted with the International Finance Corporation in relation to theCompany's bonds programNotfor release, publication or distribution directly or indirectly, in orinto the United States of America, Australia, Canada, Japan or theUnited Kingdom, or in any other jurisdiction where to do so would berestricted or prohibited by law.TheManagement Board of Cyfrowy Polsat S.A. (the "Company")informs that on 13 December 2022 the Company executed a Side and PolicyAgreement (the "Side Agreement") with the InternationalFinance Corporation (the "IFC").TheSide Agreement has been executed in relation to the IFC's contemplatedacquisition of bonds that the Company may issue under a program for theissuance of the Company's bonds with the total maximum nominal value ofPLN 4,000,000,000 (four billion zloty) (the "Program")announced by the Company in its current report No. 31/2022 dated 29November 2022.The executionof the Side Agreement does not impose a contractual obligation on theIFC to purchase any of the Company's bonds that may be issued under theProgram. The Company does not commit to the IFC to issue any bonds underthe Program. The Company will make the final decision on the issuance ofbonds under the Program and on the terms of issue in a relevantresolution of the Company's Management Board which, if and when adopted,will be disclosed in a separate current report.TheSide Agreement provides for a commitment to spend specified amounts onclean energy projects on the terms described in detail in the SideAgreement (the "Projects").Accordingto the Side Agreement, the Company and certain other companies that willbe authorized to develop the Projects under the Side Agreement (the "ProjectCompanies") will, within the timeframes set out in the SideAgreement, among other things, implement appropriate policies and takeactions to meet the IFC's environmental, community and workers safetyrequirements (the "E_amp;S Requirements") while putting inplace and developing an appropriate system (the "E_amp;S ManagementSystem") to manage the environmental and community concerns andidentify risks associated with the Project Companies' implementation ofthe Projects._#8195;The Side Agreement also imposes customarycounter-terrorism, anti-money laundering and anti-corruption obligationson the Company.According toits provisions, the Side Agreement will terminate, without limitation,if and when (i) the IFC is not allotted any bonds to be issued under theProgram or (ii) the IFC ceases to hold any bonds to be issued by theCompany under the Program.Legalbasis: Article 17 Section 1 of 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.Disclaimer:Thiscurrent report was prepared in accordance with Article 17 Section 1 ofRegulation No 596/2014 of the European Parliament and of the Council of16 April 2014 on market abuse (market abuse regulation) and repealingDirective 2003/6/EC of the European Parliament and of the Council andCommission Directives 2003/124/EC, 2003/125/EC and 2004/72/EC.Thiscurrent report is solely for information purposes and is published bythe Company exclusively in order to provide essential information on theexecution of the Side Agreement with the IFC. This current report is byno means intended, whether directly or indirectly, to promote theoffering or the issuance of the Company's bonds and does not constituteadverting material prepared or published by the Company for the purposeof promoting the offering or the issuance of the Company's bondssoliciting, whether directly or indirectly, prospective investors.Thiscurrent report or any part hereof is not intended for distribution,whether directly or indirectly, within the territory of or in the UnitedStates of America or other jurisdictions where such distribution,publication or use may be subject to restrictions or may be prohibitedby law. The securities referred to in this material have not been andwill not be registered under the U.S. Securities Act of 1933, asamended, and they cannot be offered or sold in the United States ofAmerica. The Company does not intend to register, or conduct anyoffering of the Bonds in the United States of America. Subject to theCompany making its final decision on issuing the Bonds and their termsin a relevant resolution adopted by the Management Board of the Company,the Bonds are intended to be offered and sold solely outside the UnitedStates of America in offshore transactions in reliance on Regulation Sunder the U.S. Securities Act.