Quantum Software : 1/2017 – The announcement about the Appendix to the Agreement of the Shareholders of 24.11.2016

The Management Board of Quantum software S.A. ('The Issuer') informs that it received the message about there having been signed on 3 January 2017 the Appendix to the Agreement of 24 November 2016, the information of which was provided in the current report No. 13/2016.

The Appendix above introduces the following changes to the Agreement:

'The wording of the Point 12 of the Agreement:

12. Parties - due to the fact that it is impossible to predict the effect of the call, i.e. the number of shares that will be finally purchased, agree that:
(i) This Agreement does not oblige the Parties to make a request to include in the agenda of the General Shareholders Meeting the resolution, which has been addressed in Article 91(4) of the Law.
(ii) This Agreement does not oblige any Party to compliant voting at the potential General Shareholders Meeting, which has been addressed in Article 91(4) of the Law.
receives the following wording:
12. Parties - although it is not possible to predict the outcome of the calling, i.e. the number of shares that will be finally purchased, agree that:
(i) Pursuant to this Agreement the Parties agree that Minvesta will make a request to include in the agenda of the General Shareholder Meeting the resolution, which has been addressed in Article 91(4) of the Law.
(ii) Parties agree that they will cooperate in order to waive the dematerialisation also in the case when the calling will not enable achieving 90% of the total number of votes, which makes the Parties unable to exercise the privilege of requesting other shareholders to sell all of their shares (obligatory sale of shares), which has been addressed in Article 82(1) of the Law.

The wording of the Point 14 of the Agreement:
14. The Parties indicate that this Agreement shall expire after performing the duties that are specified in the Law on the entities making the calling to subscribe to all Company's shares pursuant to Article 91 of the Law.
receives the following wording:
14. The Parties indicate that this Agreement shall expire after performing the duties that are specified in the Law on the entities making the calling to subscribe to all Company's shares pursuant to Article 91 of the Law, whereas the Agreement shall remain in force until terminated by any Party as far as the obligation in Point 12 (ii) is concerned'.