CITY SERVICE SE - On disposal of company Grupa Techniczna Sp. z o.o. in Poland

POLISH FINANCIAL SUPERVISION AUTHORITY

UNI - EN REPORT No 1 / 2017

Date of issue: 2017-04-05

Short name of the issuer

CITY SERVICE SE

Subject

On disposal of company Grupa Techniczna Sp. z o.o. in Poland

Official market - legal basis

Unofficial market - legal basis

Contents of the report:

City Service SE decided to sell Grupa Techniczna Sp. z o.o., enterprise code 122420503, a company active in Poland. The company was founded in 2014 and provided technical maintenance services to residential facilities and commercial facilities, managed by City Service group. According to Management Board of City Service SE, decision to sell Grupa Techniczna was made after assessment of its prospects inside City Service Group. The revenue of Grupa Techniczna in 2016 amounted to EUR 3.8 million, operating loss in 2016 amounted to EUR 0.689 million and net loss for the year 2016 amounted to EUR 1.068 million. Grupa Techniczna will be purchased by a privately owned company. City Service SE will continue investments in Poland in residential facility management market.

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

2017-04-05 Vilius Mackonis Director of Marketing and Communication Department