Information on public offering in accordance with Article 7 Paragraph 9 of the Act on Public Offering

With a view to obtaining extra funds to the amount of approx. PLN10m, to be earmarked for the company’s development, the board of Baltic Wood S.A. announces the decision to issue shares in a public offering, as well as to float shares in the alternative trading system of NewConnect run by the Warsaw Stock Exchange. The board is intending to make the public offering pursuant to Article 7 Paragraph 9 of the Act on Public Offering. Thus, the board announces the beginning of the action aimed at realizing the above intention, with the proviso that the realization will require a consent from the shareholders granted during a general meeting.