Received notification of shareholding – decrease below threshold of 5%

The Management Board of Orzeł Biały S.A. hereby announces the communication received today from QUERCUS Towarzystwo Funduszy Inwestycyjnych S.A., acting on behalf of the managed investment funds about reducing, on May 15, 2018, together by the QUERCUS Parasolowy SFIO, QUERCUS Absolutnego Zwrotu FIZ oraz QUERCUS Absolute Return FIZ2, the share in the total number of votes below the 5% threshold in the Company.

Legal basis: Art. 70 Cl. 1 of the Public Offering Act – purchase or disposal of a significant block of shares.

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