GI GROUP POLAND S.A.

KOMISJA NADZORU FINANSOWEGO

Raport bieżący nr 71 / 2021

Data sporządzenia: 2021-12-16

Skrócona nazwa emitenta

GI GROUP POLAND S.A.

Temat

Making public of delayed confidential information concerning the establishment of essential terms of sale by the Issuer of shares in Prohumán 2004 Munkaerő Szolgáltató és Tanácsadó Kft.

Podstawa prawna

Art. 17 ust. 1 MAR - informacje poufne.

Treść raportu:

Pursuant to Art. 17(1) and (4) of Regulation No. 596/2014 of the European Parliament and of the Council of 16 April 2014 on market abuse (market abuse regulation) and repealing Directive 2003/6/EC of the European Parliament and of the Council and Commission Directives 2003/124/EC, 2003/125/EC and 2004/72/EC (“MAR Regulation”), the Management Board of Gi Group Poland S.A. (“Issuer” or “Company”), communicates the confidential information, the public disclosure of which was delayed by the Company on 2 December 2021 pursuant to Art. 17(4) of the MAR Regulation, with the following wording: The Company intends to execute a transaction consisting of the sale of the entire 80.22% quota in the registered capital (“Gi Group Poland Quota”) owned in the Issuer’s Hungarian subsidiary Prohumán 2004 Munkaerő Szolgáltató és Tanácsadó Korlátolt Felelősségű Társaság (“Prohumán”) to Sun Group Kereskedelmi és Szolgáltató Korlátolt Felelősségű Társaság (“Sun Group”) (“Transaction”), with which the Company conducts negotiations concerning terms and conditions of the Transaction’s execution. The Transaction is subject to customary conditions to closing, including Sun Group having to obtain antitrust clearance from the Hungarian Competition Authority. The Company and Sun Group expect that, upon satisfaction of all conditions to closing, the Transaction will be completed no later than 30 April 2022. The purchase price for the Gi Group Poland Quota (the value of the proceeds accruing to the Company from the sale of the Gi Group Poland Quota) is PLN 147,500,000 (one hundred forty-seven million five hundred thousand Polish zlotys). In addition to payment of the purchase price, Sun Group will also assume the obligation to repay to Prohumán (without further consideration to be performed by the Company) the total amount (consisting of principal and any accrued but unpaid interest) of various loans made in previous years by Prohumán to the Company (“Gi Group Poland Loan”). The payment of the purchase price and the assumption of the liability to repay the Gi Group Poland Loan will be effected by Sun Group at closing of the Transaction. As part of the financing of the Transaction, the Company intends to give consent to Prohumán to guarantee the debt financing to be raised by Sun Group to fund the acquisition of the Gi Group Poland Quota. In case the Transaction is not consummated, the guarantee given by Prohumán to Sun Group will be cancelled. The obligations of the Company within the Transaction will be guaranteed by Gi Group SpA with its registered seat in Milan, Italy. The Company and Profólió Projekt Tanácsadó Kft., the 19.78% minority quotaholder in Prohumán, (“Profólió”) intend to agree suspend all of their existing respective payment and other obligations under various agreements between them until the closing of the Transaction. Subject to the consummation of the Transaction, the Company and Profólió also intend to agree to settle or terminate all legal proceedings between the Company and Profólió at the closing of the Transaction. Certain of these legal proceedings were initiated by the Company against Prohumán in connection with the Company losing its control in accordance with the International Financial Reporting Standards of its majority-owned subsidiary Prohumán in the past (about which the Issuer informed in the current reports No. 17/2021 and No. 109/2020). As a result of the analysis carried out, the Issuer assumed that qualification of the above-mentioned information as confidential within the meaning of Art. 17 (1) MAR, subject to publication in the form of this report, is justified. Legal basis: Article 17 section 1 MAR (EU Regulations of the European Parliament and of the Council No. 596/2014 of 16 April 2014 on market abuse (regulation on market abuse) and repealing Directive 2003/6/EC of the European Parliament and of the Council and Commission Directives 2003/124/EC, 2003/125/EC and 2004/72/EC). Signatures: Iwona Szmitkowska – President of the Management Board Nicola Dell’Edera – Vice President of the Management Board

MESSAGE (ENGLISH VERSION)

GI GROUP POLAND SPÓŁKA AKCYJNA

(pełna nazwa emitenta)

GI GROUP POLAND S.A. Usługi inne (uin)

(skrócona nazwa emitenta) (sektor wg. klasyfikacji GPW w W-wie)

00 - 132 Warszawa

(kod pocztowy) (miejscowość)

Grzybowska 3 lok. U6

(ulica) (numer)

[phone] [phone]

(telefon) (fax)

www.workservice.pl

(e-mail) (www)

897-16-55-469 932629535

(NIP) (REGON)

PODPISY OSÓB REPREZENTUJĄCYCH SPÓŁKĘ

Data Imię i Nazwisko Stanowisko/Funkcja Podpis

2021-12-16 Iwona Szmitkowska President of the Management Board

2021-12-16 Nicola Dell’Edera Vice President of the Management Board