RB 13/2018 
Date: 27 February 2018
Subject: Consent of the Supervisory Board of the Issuer for conclusion of agreement concerning division of Calypso Fitness S.A. and future acquisition of shares in companies taking over a portion of assets spun off from Calypso Fitness S.A.
Legal basis: Art. 17 item 1 MAR – inside information

The Management Board of Benefit Systems S.A., with its registered seat in Warsaw (hereinafter, the ‘Issuer’), with reference to current report no. 10/2018 dated 19 February 2018, informs that on 26 February 2018 the Supervisory Board of the Issuer adopted a resolution granting consent to the conclusion of an agreement signed on 19 February 2018 between the Issuer, Fit Invest sp. z o.o., with its registered seat in Warsaw, a wholly owned subsidiary of the Issuer (hereinafter ‘Fit Invest’), Glastonbury Ventures Limited (Ltd), with its registered seat in Limassol, Fitness Investment sp. z o.o. with its registered seat in Warsaw, and Mr. Mikołaj Nawacki (hereinafter, the ‘Agreement’).

The subject matter of the agreement consisted in particular in determination of the terms and conditions of multi-phase procedure that would ultimately lead to transformation of Calypso Fitness S.A. with its registered seat in Warsaw (hereinafter, ‘Calypso Fitness’), and, subsequently, to conclusion of agreements for sale of shares in the companies controlled by shareholders in Calypso Fitness other than Fit Invest, to whom portions of assets separated from Calypso Fitness would be transferred.

The Issuer informed about detailed terms and conditions of the Agreement, as agreed between its parties, in the current report no. 10/2018.