Third Call for eTravel S.A. Shareholders to Submit Shares to the Company

In connection with the entry into force of the Act of August 30, 2019, on amendments to the Commercial Companies Code and some other laws (Journal of Laws of 2019, item 1798), referred to as "the Act", eTravel S.A. ("the Company") informs its shareholders about the introduction of mandatory dematerialization of company shares into the Polish legal system. This involves replacing the paper form of shares with an electronic record in the shareholder register maintained by the entity mentioned in Article 17 of the Act.

According to the changes introduced, the validity of existing share documents issued by the Company will expire by law on March 1, 2021. After this date, shares will no longer be a document confirming shareholder status but will only serve as documentary evidence necessary for updating the electronic shareholder register. Moreover, after January 1, 2026, there will be a loss of membership rights protection for shareholders whose share documents have not been submitted to the company and have not been included in the electronic shareholder register.

Due to the above changes, based on Article 16 of the Act, the Company's management calls all eTravel S.A. shareholders to submit their share documents (collective share certificates) by January 28, 2021, at the latest, to the Company's Management Office (from 9 AM to 5 PM) at Al. Jerozolimskie 142 B, 02-305 Warsaw, so they can be converted into an electronic form. The submission of share documents in the Company will be confirmed in writing to the shareholder.

The third call to shareholders to submit share documents to the Company was sent to all shareholders by traditional mail on November 27, 2020.