The below-mentioned reports should not be treated as information prepared and sent to Komisja Nadzoru Finansowego (the Financial Supervision Authority), Giełda Papierów Wartościowych w Warszawie (the Warsaw Stock Exchange) and published according to the Act concerning public tenders, the terms for introducing and trading financial instruments on the stock exchange, as well as public companies, which are available at http://www.comarch.pl/relacje-inwestorskie/raporty-okresowe and their English translations are available at:

http://www.comarch.com/investors/periodical-reports.