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

DEBICA

RB 2/2020

POLISH FINANCIAL SUPERVISION AUTHORITY

Current Report No 2/2020

Date: February 14, 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 and current report 15/2019 of 17 June 2019, informs that it has received information on issuing a decision by the Court of Appeals in Rzeszów, 6th Commercial Division, 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 2) 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.

The court decision is not legally binding.

Decision of the District Court in Rzeszów 6thCommercial Division of 13 November 2018, referred to in point b of current report 31/2018 of 15 November 2018, on granting the collateral for the claim shall remain in force until the decision to discontinue the proceedings becomes legally binding.