CALL TO DEPOSIT SHARES IN THE COMPANY

In connection with the entry into force of the Act of 30 August 2019 amending the Act - Code of Commercial Companies or some other acts (Journal of Laws from 2019 item 1798), hereinafter referred to as the "Act", Leadenhall Insurance S.A. (hereinafter: "Company") informs the shareholders about introducing to the Polish legal order mandatory dematerialization of shares of companies, which means replacement of the paper form of the shares with an electronic record in the register of shareholders kept by the entity mentioned in Article 3281 § 2 of the Code of Commercial Companies in the wording determined in the Act.

According to the changes being introduced, the binding force of the share documents issued by the Company expires by virtue of law as from 1 March 2021. After this day the shares will not be the document confirming the shareholder's status, but only an evidence document, necessary to update the electronic register of shareholders. At the same time, after 1 January 2026 the protection of member rights will be ceased for the shareholders whose share documents have not been deposited in the company and have not been included in the electronic register of shareholders.

In connection with the above changes, the Company's Management Board calls all the shareholders to deposit the share documents no later than until 31 January 2021 in the seat of the Company: ul. Domaniewska 42, 02-672 Warsaw, so that they could be transformed into the form of a digital record. The share documents are deposited in the Company against a written confirmation issued to the shareholder.

More information on dematerialization of shares can be obtained under the phone number: +48 22 380 42 40.