The Board of Directors of Play Communications S.A. (“the Company”) informs that its fully owned subsidiary P4 sp. z o.o. ("Play") on November 26 and December 9, 2020, submitted corrective declarations regarding the amount collected by Play as a payer of corporate income tax collected on income (revenue) achieved by taxpayers not having their registered office or management in the territory of the Republic of Poland for the year 2015. In connection with the above, Play paid to the account of the competent tax office the tax in the amount of PLN 26,633,102 plus PLN 10,667,643 of statutory interest.

The submitted corrections reflects the findings of the result of the customs and tax control led by the Head of the Customs and Tax Office in Opole. As a result of the inspection, the authority found that Play was obliged to collect tax on the interest paid on the issue of bonds at the 5% rate.

The findings of the authority presented as a result of the inspection for 2015 and 2016 may affect Play's tax liabilities for year 2017 and result in the obligation to pay tax liabilities in the total amount of at least PLN 13.5 million plus due tax interest.

Legal basis: Art. 17, point 1 MAR – inside information.