The board of directors of Play Communications S.A. (the “Company”) in relation to current report no. 32/2020 dated 21 September 2020 hereby reports that on 24 November 2020 it received notification summarising the completion of the Tender Offer to subscribe for the sale of shares of the Company from ILIAD S.A., a société anonyme organized under the laws of France, having its registered office in France at 16, rue de la Ville-L’Evêque, 75008 Paris and registered with the Companies Registry of Paris under number 342 376 332 (“Offeror”).

Pursuant to Article 77.7 in connection with Article 69 of the Act of 29 July 2005 on Public Offering and the Conditions Governing the Introduction of Financial Instruments to Organized Trading and on Public Companies (“POA”), the Offeror hereby notify that On 20 November 2020, as a result of a transaction of acquisition of shares of Play Communications S.A. (“Company”) covered by the subscriptions made during the tender offer for all shares of the Company, which will be settled on 25 November 2020 (“Transaction”) announced by the Offeror pursuant to the Article 90a.2 of the POA and the Luxembourg law of 19 May 2006 on takeover bids, as amended, on 21 September 2020, the Offeror through its direct subsidiary Iliad Purple S.A.S., a société par actions simplifiée organized under the laws of France, having its registered office in France at 16, rue de la Ville-L’Evêque, 75008 Paris and registered with the Companies Registry of Paris under number 537 915 050 (“Purchaser”) acquired 143,809,764 (say: one hundred forty three million eight hundred nine thousand seven hundred sixty four) shares of the Company, representing approx. 56.48% of the total number of shares of the Company and corresponding to 143,809,764 (say: one hundred forty three million eight hundred nine thousand seven hundred sixty four) voting rights attached to the shares issued by the Company constituting approx. 56.48% of total number of voting rights attached to the shares issued by the Company which resulted in exceeding indirectly the threshold of 95% of total number of voting rights attached to the shares issued by the Company.

Prior to the Transaction, the Offeror did not hold directly any shares of the Company and indirectly through its indirect subsidiaries Kenbourne Invest II S.à r.l. and Nikelo Holdings Limited (acquired on 18 November 2020 by the Purchaser) held 102,321,264 (say: one hundred two million three hundred twenty one thousand two hundred sixty four) shares of the Company, representing approx. 40.18% of the total number of shares of the Company and corresponding to 102,321,264 (say: one hundred two million three hundred twenty one thousand two hundred sixty four) voting rights attached to the shares issued by the Company constituting approx. 40.18% of total number of voting rights attached to the shares issued by the Company.

After the Transaction, the Offeror indirectly, through its direct subsidiary the Purchaser and through its indirect subsidiaries Kenbourne Invest II S.à r.l. and Nikelo Holdings Limited holds 246,131,028 (say: two hundred forty six million one hundred thirty one thousand twenty eight) shares of the Company, representing approx. 96.66% of the total number of shares of the Company and corresponding to 246,131,028 (say: two hundred forty six million one hundred thirty one thousand twenty eight) voting rights attached to the shares issued by the Company constituting approx. 96.66% of total number of voting rights attached to the shares issued by the Company.

The Offeror notifies that its controlled entities (other than the Purchaser and Kenbourne Invest II S.à r.l. and Nikelo Holdings Limited) do not hold any shares of the Company.

Additionally, the Offeror informs that there are no persons or entities referred to in Article 87 section 1 point 3 c) of the POA.

Additionally, the Offeror informs that it and none of its controlled entities has financial instruments referred to in Article 69b sec. 1 of the POA and the number of votes from shares in the Company resulting from such instruments, calculated in accordance with Article 69b sec. 2 and 3 of the POA, is 0.

The total number of votes from shares in the Company held indirectly by the Offeror (i.e. the total sum referred to in Article 69 sec. 4 item 9 of the POA) is 246,131,028 (say: two hundred forty six million one hundred thirty one thousand twenty eight) voting rights attached to the shares issued by the Company constituting approx. 96.66% of total number of voting rights attached to the shares issued by the Company.

This notification is executed in Polish language and in English language. In case of any discrepancy between the language versions, the Polish language version shall prevail.

Legal basis: Article 17 point 1 MAR