Arcus : Current Report No 19/2016

Issued by: ARCUS S.A.Issued on: 31 August 2016

Subject: Resolutions adopted by the Extraordinary General Meeting of ARCUS S.A. Company's Shareholders

Current report no 19/2016

Legal basis: Article 56.1.2 of the Act on Public Offering - Current and Periodic Information

Report content:

The Management Board of ARCUS S.A. ('the Company') hereby publishes enclosed the content of Resolutions adopted by the Extraordinary General Meeting of Shareholders held on 31 August 2016 ('EGM'). The Extraordinary General Meeting of Shareholders considered all items of planned agenda. No objections were raised as to the Extraordinary General Meeting's Resolutions.

Detailed Legal basis:

Par. 38.1.7, 8, 9 of the Regulation of the Minister of Finance of 19 February 2009 on current and periodic information to be published by issuers of securities and on conditions of recognition of information required under non-member state law regulations as equivalent (Journal of Laws No. 33 item 259 as amended)

Attachments:

1. Content of Draft Resolutions to be presented at the Ordinary General Meeting of ARCUS S.A. Company's Shareholders

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   Attachment No 1 to the current report No 19/2016

   Resolution No 1

   of the Extraordinary General Meeting of Shareholders of ARCUS S.A. with its registered office in Warsaw

   of 31 August 2016

   on the appointment of a Chairperson of the Extraordinary General Meeting of Shareholders

   The Extraordinary General Meeting of Shareholders ARCUS S.A. with its registered office in Warsaw hereby resolves to appoint Mr. Piotr Armata as a Chairman of the Extraordinary General Meeting of the Company's Shareholders.

   After the voting, Mr Michał Czeredys stated that 4,800,000 valid votes attached to 4,800,000 shares have been casted, which accounts for 65.57% of the Company's share capital. The Resolution has been adopted unanimously and in accordance with Art. 420.4 of the Commercial Companies Code, in a secret ballot with 4,800,000 votes for, no votes against and no abstentions.

   Point 3 of the Agenda:

   Then, pursuant to Art. 410 of the Commercial Companies Code, the Chairman of the Meeting ordered an attendance list to be prepared, has it signed and concluded that:

   • at today's General Meeting, at the time of its opening, there is 1 (one) properly represented Shareholder holding 4,800,000 shares entitling to 4,800,000 votes where the total number of shares is 7,320,000 entitling to 7,320,000 votes.

   • the Meeting was convened in accordance with Art. 399.1 of the Commercial Companies Code and Par. 6 title III point 4a of the Company's Articles of Association, by notice published in the current report no 15/2016 of 29 July 2016 and on the Company's website (www.arcus.pl), therefore today's General Meeting is able to pass Resolutions according to agenda.

The attendance list made available by the Chairman of the Meeting.

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Point 4 of the Agenda:

The Chairman put the following Resolution to vote:

Resolution No 2

of the Extraordinary General Meeting of Shareholders of ARCUS S.A. with its registered office in Warsaw

of 31 August 2016

on the adoption of the Agenda

The Extraordinary General Meeting of Shareholders of ARCUS S.A. hereby resolves to adopt the Agenda of the Extraordinary General Meeting of Shareholders in wording consistent with the Agenda announced in the notice of this General Meeting published by the Company on 29 July 2016 in the current report No 15/2016 and on www.arcus.pl website.

After the voting, the Chairman stated that 4,800,000 valid votes attached to 4,800,000 shares have been casted, which accounts for 65.57% of the Company's share capital. The Resolution has been adopted unanimously and in accordance with Art. 420.4 of the Commercial Companies Code, with 4,800,000 votes for, no votes against and no abstentions.

Due to the fact that only one Shareholder was represented at the General Meeting, the Chairman proposed not to appoint the vote counting committee and to adopt the following resolution:

Resolution No 3

of the Extraordinary General Meeting of Shareholders of ARCUS S.A. with its registered office in Warsaw

of 31 August 2016

on the non-appointment of the vote counting committee

The Ordinary General Meeting of Shareholders of ARCUS S.A. with its registered office in Warsaw hereby resolves not to appoint the vote counting committee for this General Meeting.

After the voting, the Chairman stated that 4,800,000 valid votes attached to 4,800,000 shares have been casted, which accounts for 65.57% of the Company's share capital. The Resolution has been

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adopted unanimously and in accordance with Art. 420.4 of the Commercial Companies Code, with 4,800,000 votes for, no votes against and no abstentions.

Point 5 of the Agenda:

Resolution No 4

of the Extraordinary General Meeting of Shareholders of ARCUS S.A. with its registered office in Warsaw

of 31 August 2016

on the appointment of the Member of the Supervisory Board

The Extraordinary General Meeting of Shareholders of ARCUS S.A. with its registered office in Warsaw, acting pursuant to Art. 385.1 of the Commercial Companies Code hereby resolves to appoint Mr. Michał Łotoszyński, PESEL no: xxxxxxxxxxx a Member of the Company's Supervisory Board - during the term of office, with the gross monthly pay determined on the basis of the Resolution No 24 of the OGM of 2 June 2016.

After the voting, the Chairman stated that 4,800,000 valid votes attached to 4,800,000 shares have been casted, which accounts for 65.57% of the Company's share capital. The Resolution has been adopted unanimously and in accordance with Art. 420.4 of the Commercial Companies Code, with 4,800,000 votes for, no votes against and no abstentions.

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