Current Report No. 37/2023: Transactions in KRUK S.A. shares

Acting in accordance with Art. 70.1 of the Act on Public Offering, Conditions Governing the Introduction of Financial Instruments to Organised Trading, and Public Companies of July 29th 2005, the Management Board of KRUK S.A. (the “Company”) announces that on May 16th 2023 it received a notification from Powszechne Towarzystwo Emerytalne Allianz Polska S.A. to the effect that Drugi Allianz Polska OFE had been dissolved and its assets had been transferred to Allianz OFE, reading as follows:

“Pursuant to Art. 69.1.1 in conjunction with Art. 87.1.2b) of the Act on Public Offering, Conditions Governing the Introduction of Financial Instruments to Organised Trading, and Public Companies (consolidated text: Dz. U. of 2022, item 2554, as amended; the “Act”), Powszechne Towarzystwo Emerytalne Allianz Polska S.A., as the management company which manages open-end pension fund Allianz Polska Otwarty Fundusz Emerytalny (“Allianz OFE”), notifies you that – pursuant to Art. 69.1 of the Act on the Organisation and Operation of Pension Funds of August 28th 1997 (consolidated text: Dz. U. of 2022, item 2342, as amended) – as at May 12th 2023, following dissolution of open-end pension fund Drugi Allianz Polska Otwarty Fundusz Emerytalny (“Drugi Allianz OFE”) by way of transfer of its assets to Allianz OFE, the share of total voting rights in KRUK S.A. registered in Allianz OFE’s account was in excess of 10%.

Prior to the dissolution of Drugi Allianz OFE, the aggregate number of KRUK shares registered in Allianz OFE’s and Drugi Allianz OFE’s accounts was 2,357,090, representing jointly 12.20% of the Company’s share capital and conferring 2,357,090 voting rights, which represented 12.20% of total voting rights in the Company.

After the dissolution of Drugi Allianz OFE, the number of KRUK shares registered in Allianz OFE’s account was 2,357,090, representing 12.20% of KRUK S.A.’s share capital and conferring 2,357,090 voting rights, which represented 12.20% of total voting rights in KRUK S.A.

Powszechne Towarzystwo Emerytalne Allianz Polska S.A., which manages Allianz OFE, further notifies you that:

• it does not have any subsidiaries holding KRUK shares,
• no situation referred to in Art. 69.4.6 of the Act arises, and
• it does not hold any financial instruments referred to in Art. 69b.1.1 and 69b.1.2 of the Act.”