Subject:Disclosure of delayedinside information on the decision to submit an offer for the sale ofAsseco Poland S.A. shares held by the CompanyActingpursuant to Article 17 Sections 1 and 4 of the Regulation (EU) No596/2014 of the European Parliament and of the Council of 16 April 2014on market abuse ("MAR"), the company Cyfrowy Polsat S.A.(the "Company") is releasing the following insideinformation concerning the decision to submit an offer for the sale ofAsseco Poland S.A. shares held by the Company (the "InsideInformation").Thepublic disclosure of the Inside Information was delayed on 14 September2023 pursuant to Article 17 Section 4 of MAR.Contentof the delayed Inside Information:"TheManagement Board of Cyfrowy Polsat S.A. (the "Company") announces thaton 14 September 2023 it decided to: (i) submit an offer for the sale ofordinary bearer shares in Asseco Poland S.A. seated in Rzeszów (_quot;Asseco_quot;)held by the Company, in the number not exceeding the number of sharesheld by the Company, i.e. 19,047,373 shares (the _quot;Asseco Shares_quot;),under the "Invitation to Submit Offers for the Sale of the Shares inAsseco Poland S.A." published on 6 September 2023 in the form ofAsseco's current report No. 23/2023 (the _quot;Invitation_quot;), onthe terms and conditions set forth in the Invitation, at a price notlower than PLN 75.05 and not higher than PLN 82.95 per one Asseco Share,and (ii) sell Asseco Shares in the number and on the terms andconditions determined in the manner set forth in the Invitation. Thenumber of shares and the selling price proposed by the Company inresponse to the Invitation shall be specified in the submitted offer.Thesale of the Asseco Shares shall constitute a material transaction with arelated party within the meaning of Article 90h of the Act on PublicOffering, Conditions Governing the Introduction of Financial Instrumentsto Organized Trading, and Public Companies, dated 29 July, 2005 (Journalof Laws of 2022, item 2554, as amended).Consideringthat the sale of the Asseco Shares will take place on an arm's lengthbasis, the interests of the Company and non-affiliated shareholders,including minority shareholders of the Company, will not be prejudiced.Inparallel, the Management Board informs that on 14 September 2023, itobtained the Supervisory Board's approval for the Company's offer tosell and dispose of the Asseco Shares and at the same time for amaterial transaction with a related party._quot;_#8195;Rationalefor delayed disclosure of the Inside Information:Inthe opinion of the Management Board, the delay in the disclosure of theInside Information complied, at the time the decision on the delay wastaken, with the conditions set out in the MAR Regulation and in theguidelines of the European Securities and Markets Authority of 13 April2022 concerning the delaying of disclosure of inside information.Inthe opinion of the Management Board, the immediate disclosure of theInside Information posed a risk of a negative impact on the outcome ofthe Invitation for the Company and the final decisions of the managementboard of Asseco, and thus on the success of the Company's offer to sellits Asseco Shares.At thestage when the Company took the actions in question, the outcome of theoffer made by the Company for the sale of Asseco Shares and theInvitation conducted by Asseco was unknown and, consequently, thelikelihood of the Company actually selling Asseco Shares was alsounknown. Immediate disclosure of information about the Company's offerto sell could influence the behavior of other investors, which couldaffect the success of the offer made by the Company and the number ofshares that would be determined based on the principles described in theInvitation for final purchase by Asseco from the Company. The principlebehind processes such as invitations to tender shares is to maintain theconfidentiality of the contents of the offers themselves and theentities making them.Inaddition, the disclosure of information about the offer to sell Asseco'sshares may have affected the Company's share price prior to the finaldecision of Asseco's management board as to the acquisition of theshares for which the sale offers were made and prior to the actualexecution of the sale of Asseco Shares. For the evaluation of InsideInformation by investors, information on the number of Asseco Sharessold by the Company and the final sale price should be of utmostimportance. This information was not known at the time the InsideInformation was created.Inthe opinion of the Company's Management Board, there were no indicationsthat the delay in disclosing the Inside Information could mislead thepublic and investors as to the likelihood and conditions of the disposalof the Asseco Shares and cause an inappropriate assessment of thisinformation as well as its potential impact on the value of the Company,particularly in view of the lack of prior public announcements on thepart of the Company on the matter to which the Inside Informationrelates. In view of this, there were no grounds to consider that thedelay in public disclosure of Inside Information contrasts with marketexpectations, based on the communications carried out by the Company todate.The Company's ManagementBoard assures that it has taken the steps required by the MAR Regulationto maintain the confidentiality of the delayed Inside Information untilit is made public, in particular through the internal informationcirculation and protection procedures implemented at the level of theCompany's capital group. At the time of the decision to delay publicdisclosure of Inside Information, in accordance with Article 18 of theMAR Regulation, a list of persons with access to Inside Information wascompiled, which was monitored on an ongoing basis and updated asnecessary.Bearing in mind thelegitimate interests of the Company and its shareholders, as well asmeeting the legal requirements of the MAR Regulation, the Company willdisclose information on the number of sold Asseco Shares and the finalsale price in a separate report.Pursuantto the third paragraph of Article 17(4) of the MAR Regulation,immediately after the delayed disclosure of inside information to thepublic, the Company will inform the Financial Supervision Authority ofthe delay in disclosure of inside information, together with anindication of the reasons for such delay.Legalbasis: Article 17 Sections 1 and 4 of the Regulation (EU) No 596/2014 ofthe European Parliament and of the Council of 16 April 2014 on marketabuse (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.