57.0%GERMAN-SPEAKING EUROPE

(DACH)

19.0%WESTERN AND NOTHERN

EUROPE

13.6%POLAND

10.4%CENTRAL, SOUTHERN

AND EASTERN EUROPE

263 346 303 347 402 792 446 692 540 483 536 254

PLN '000

Przychód ze sprzedaży

+ 11%

+ 33%

+ 21% -1 %

+ 15%

SALES REVENUE

14 522 24 169 40 399 37 092 53 980 45 654

PLN '000

Zysk netto

- 8%+ 67%

+ 46%

-15%

+ 66%

T PLN H1 2015 H1 2016H1 Q2016

vs H1 Q2015H1 2017

H1 Q2017 vs H1 Q2016

Sales revenue 446 692 540 483 21.0% 536 254 -0.8%

Gross profit on sales 159 399 209 196 31.2% 201 956 -3.5%

Gross margin 35.7% 38.7% 3.0% 37.7% -1.0%

Cost of sales 94 106 112 969 20.0% 115 221 2.0%

As % of sales 21.1% 20.9% -0.2% 21.5% 0.6%

Result on sales 65 293 96 227 47.4% 86 735 -9.9%

Sales margin 14.6% 17.8% 3.2% 16.2% -1.6%

G&A costs 17 612 23 239 31.9% 26 278 13.1%

As % of sales 3.9% 4.3% 0.4% 4.9% 0.6%

Result on other operations -1 621 -2 066 -27.5% -2 800 -35.5%

Operating profit 46 060 70 922 54.0% 57 657 -18.7%

Operating margin 10.3% 13.1% 2.8% 10.8% -2.4%

EBITDA 55 405 82 131 48.2% 70 154 -14.6%

EBITDA margin 12.4% 15.2% 2.8% 13.1% -2.1%

Result on financial operations 830 -2 175 362.0% -1 055 51.5%

Gross profit 46 890 68 747 46.6% 56 602 -17.7%

As % of sales 10.5% 12.7% 2.2% 10.6% -2.2%

Net profit 37 091 53 980 45.5% 45 654 -15.4%

Net profit margin 8.3% 10.0% 1.7% 8.5% -1.5%

Net profit per share 1.56 2.26 44.9% 1.91 -15.5%

Q2 2012 Q2 2013 Q2 2014 Q2 2015 Q2 2016 Q2 2017

2.88 1.85 2.63 3.16 2.11 1.85

1.49 1.16 1.58 1.81 1.17 1.46

0.57 -0.07 0.40 0.69 1.94 2.71

5% 7% 10% 9% 11% 7%

14

PUBLICATION OF RESULTS IN 2017

3RD QUARTER

30 NOVEMBER

THANK YOU FOR YOUR ATTENTION