Muza S A : Report No 32 - Payment of the dividend

Current report No. 32/2021

Subject: Payment of the dividend

Legal basis: § 19(2) of the Regulation of the Minister of Finance of 29 March 2018 on current and periodic information provided by issuers of securities and conditions for recognizing information required by the laws of a non-member state as equivalent information

Further to the current report No. 18/2021, the Management Board of MUZA S.A. ("Company") hereby announces that on 26 June 2021, all class A Subscription Warrants offered by the Company under the Incentive Scheme in the total number of 268,558 (two hundred and sixty-eight thousand five hundred and fifty-eight) were acquired free of charge by the Entitled Persons, i.e., Marcin Garliński (President of the Management Board) acquired 134,279 (one hundred and thirty-four thousand two hundred and seventy-nine) class A Subscription Warrants, while Małgorzata Czarzasty (Vice President of the Management Board) acquired 134,279 (one hundred and thirty-four thousand two hundred and seventy-nine) class A Subscription Warrants, and on 21 July 2021, the Entitled Persons, for each one Subscription Warrant entitling to acquire one class C ordinary bearer share issued under the conditional increase of the Company's share capital referred to in § 6a of the Company's Articles of Association (pursuant to the Rules of the Incentive Scheme published in the current report No. 11/2021 dated 26.06.2021), acquired, respectively: Marcin Garliński (President of the Management Board): 134,279 (one hundred thirty-four thousand two hundred seventy-nine) class C bearer shares, Małgorzata Czarzasty: 134,279 (one hundred thirty-four thousand two hundred seventy- nine) class C bearer shares, and on 16 August 2021, KDPW registered the class C shares, which the Company disclosed in the current report No. 30/2021 of 12 August 2021.

In view of the above, the Company's Management Board emphasizes that, compared to the information contained in the current report No. 18/2021, there has been a change in the number of shares covered by the dividend and, consequently, the value of the dividend per share has changed. 3,069,156 (three million sixty-nine thousand one hundred fifty-six) shares will be covered by the dividend and the amount of PLN 0,65 (sixty-five grosz) will be paid - by way of dividend - per one share of the Company; therefore, the total amount of the dividend will equal PLN 1,994,951.4. The remaining amount, as stated in the current report No. 18/2021, will be transferred to the reserve capital. Considering the above, the Company will publicly announce the dividend per share within 7 days after the dividend date. The dividend payment date was set for 8 October 2021.