Firma Oponiarska Debica S A : Update of information regarding withdrawal of appeal filed by shareholders regarding resolutions adopted by the Ordinary General Meeting of 23 October 2018.

POLISH FINANCIAL SUPERVISION AUTHORITY

Current Report No 5/2020

Date: March 24, 2020

Abbreviated name of issuer:

DEBICA

Subject:Update of information regarding withdrawal of appeal filed by shareholders regarding resolutions adopted by the Ordinary General Meeting of 23 October 2018.

Legal grounds:

Art. 56 item 1 (2) of the Act on Public Offering Act

Report content:

Management Board of Tire Company Debica S.A. ("Company") in connection with the current report 31/2018 of 15 November 2018, current report 15/2019 of 17 June 2019 and current report 14/2020 of February 4, 2020, informs that it has received information that the decision of the District Court in Rzeszów, 6th Commercial Division, became final and binding, regarding discontinuance of the proceedings on declaration of invalidity or revocation of Resolution No 7 of the Extraordinary General Meeting of the Tyre Company Dębica S.A. of 23. October 2018 to authorize Management Board to increase the Company's share capital as part of the authorized and unissued capital as well as to deprive the shareholders in whole or in part with the consent of the Supervisory Board. The case was initiated on the basis of the appeal filed by:

Alter Closed Investment Fund Active Shares (formerly: Altus Closed Investment Fund Active Shares) seated in Warszawa, Alter Closed Investment Fund Dividend Companies Shares Allocation (formerly: Altus Closed Investment Fund Dividend Companies Shares Allocation) seated in Warszawa, Alter Absolute Return Rate Closed Investment Fund (formerly: Altus Absolute Return Rate Closed Investment Fund) seated in Warszawa, Alter Absolute Return Rate Closed Investment Fund Polish Market 2 (formerly: Altus Absolute Return Rate Closed Investment Fund Polish Market 2) seated in Warszawa, Alter Absolute Return Rate Investment Fund Foreign Markets 2 (formerly: Altus Absolute Return Rate Investment Fund Foreign Markets

1. seated in Warszawa, Alter Closed Investment Fund Shares + (formerly: Altus Closed Investment Fund Shares +) seated in Warszawa, SS1 Closed Investment Fund seated in Warszawa - all represented by Rockbridge Investment Fund Company S.A. seated in Warszawa as well as Altus Open Umbrella Investment Fund seated in Warszawa - represented by Altus Investment Fund Company S.A.

As the court decision becomes legally binding it results in the collapse of the collateral referred to in point b of current report No. 31/2018 of 15 November 2018.