CITY SERVICE SE - On Appointment of Bankruptcy Administrator to Group’s Subsidiary Wolska Aparthotel sp.z.o.o.

POLISH FINANCIAL SUPERVISION AUTHORITY

UNI - EN REPORT No 6 / 2020

Date of issue: 2020-06-09

Short name of the issuer

CITY SERVICE SE

Subject

On Appointment of Bankruptcy Administrator to Group’s Subsidiary Wolska Aparthotel sp.z.o.o.

Official market - legal basis

Unofficial market - legal basis

Contents of the report:

On appointment of bankruptcy administrator to Group’s subsidiary Wolska Aparthotel sp.z.o.o. As it was disclosed previously, on 31 March 2020 City Service SE subsidiary Wolska Aparthotel sp.z.o.o. (further – Wolska Aparthotel) submitted a petition for bankruptcy to official institutions in Poland. On 8 June 2020, Wolska Aparthotel received court decision, declaring the bankruptcy of Wolska Aparthotel, and stating that bankruptcy administrator was appointed. The revenue of Wolska Aparthotel in 2019 amounted to EUR 1.7 million, suffered EUR 0,45 million losses. In 2019, Wolska Aparthotel operations constituted 1% of the Group’s total revenue. City Service SE emphasizes that all Company’s subsidiaries acting in apartments building administration business area in Poland continue its operations. Artūras Gudelis, Chairman of the Management board + 370 5 239 4900

Annexes

File Description

CITY SERVICE SE

(fullname of the issuer)

CITY SERVICE SE Usługi inne (uin)

(short name of the issuer) (sector according to clasification of the WSE in Warsow)

10117 Tallin

(post code) (city)

Narva mnt. 5

(street) (number)

[phone] [phone]

(phone number) (fax)

(e-mail) (web site)

LT100009542110

(NIP) (REGON)

SIGNATURE OF PERSONS REPRESENTING THE COMPANY

Date Name Position / Function Signature

2020-06-09 Artūras Gudelis Chairman of the Management Board