Currentreport no. 2/2024

Dated2024-03-15

Title:Revaluation of an asset measured at fair value through profit or loss

Legalbasis: Article 17 sec. 1 of MAR - confidential information

Contentof the report:

TheManagement Board of Grupa Pracuj S.A. (the "Company")informs that in the course of preparation of the standalone andconsolidated financial statements of the Company and the Capital Groupof the Company (the "Group") for year ended on 31 December2023 ("Financial Statements for 2023")on 15 March 2024 determined that it is necessary to update the valuationof one of financial assets measured at fair value through profit orloss, i.e. shares in Beamery Inc. ("Beamery"). As of thedate of this report, the Company estimates that the fair value of sharesin Beamery decreased by approx. PLN 29.5 million against the valuationas of 31 December 2022. The final value is subject to receipt of thefinal valuation report prepared by a professional external entity(valuation expert) and completion of the audit of the FinancialStatements for 2023.

Inconnection with the above, taking into the account the impact of thedeferred income tax, the Company estimates that the Group's andCompany's net financial result for year ended on 31 December 2023 willbe decreased by approx. PLN 23.9 million. The value of the decrease infair value of shares in Beamery will be recognized in financial costsfor the year ending on 31_#160;December 2023.The above will not affectCompany's and Group's ongoing operations, financial results fromoperations of the Company and the Group, as well as Company's andGroup's cash flows.

Thedecrease of fair value of shares in Beamery results from the referenceof the valuation to the current multipliers used for valuing companiessimilar to Beamery and transactions on shares of such companies, as wellas an appreciation of the exchange rate of Polish zloty to US dollar.The Company measures unlisted shares based on level 3 of the fair valuehierarchy, consequently, valuation inputs are not based on observablemarket data.

Thevalues presented above are of an estimated nature and in connection withthe audit of the Financial Statements for 2023 conducted by the auditfirm, may be subject to change. The final value of the net financialresult of the Company and the Group for year 2023, as well as the valueof the assets of the Company and the Group as of 31 December 2023 willbe presented in the Financial Statements for 2023, which are planned tobe published on 4 April 2024.