Investor Reports

Pursuant to § 5 sec. 1 point 24) of the Regulation issued by the Minister of Finance on the 19th of February, 2009 concerning current and periodical information pertaining to companies traded on the stock exchange and on the conditions for recognizing the equivalence of information required by legal regulations binding in a country which is not a member state, Comarch S.A.’s Management Board announced that

Pursuant to Art. 70, sec. 1 of the Act concerning public tenders, the terms for introducing and trading financial instruments on the stock exchange, as well as public companies (Journal of Laws No. 184, pos. 1539 and subsequent changes), the Management Board of Comarch S.A. hereby presents the following information, regarding a decrease in BZ WBK TFI S.A.’s share of the total number of votes at the General Shareholders’ Meeting of Comarch S.A.:

In relation to current report no. 33/2006 dated the 9th of June, 2006 relating to the investment credit from Fortis Bank Polska SA for the financing of the third construction stage of production and office buildings in the Special Economic Zone in Krakow, updated on the 11th of December, 2007 with current report no. 53/2007, Comarch S.A.’s Management Board announced that on the 5th of October, 2011, the company revaluated the remaining credit to be paid into EURO.

In relation to current report no. 26/2009 dated the 16th of November, 2009 relating to the contract with Łęgprzem Sp. z o.o. for the realisation of the fourth stage of construction in the investment of the Special Economic Zone in Krakow, updated on the 5th of May, 2010 with current report no. 9/2010, on the 20th of December, 2010 with current report no. 31/2010 and on the 29th of July, 2011 with current report no. 17/2011, Comarch S.A.’s Management Board announced that received an annex to this contract signed on the 30th of September, 2011, rescheduling its completion date, its scope and its value.

In relation to current report no. RB-7-2010 dated the 28th of April, 2010, Comarch SA’s Management Board announced that received a signed annex dated the 12th of September, 2011.

In consequence of the completion of the subscription for Comarch Software und Beratung AG (“Comarch SuB”) shares carried out between the 18th of August and 31st of August, 2011

In relation to current report no. 26/2009 dated the 16th of November, 2009 relating to the contract with Łęgprzem Sp. z o.o. for the realization of the fourth stage of construction in the investment of the Special Economic Zone in Krakow, updated on the 5th of May, 2010 with current report no. 9/2010 and on the 20th of December, 2010 with current report no. 31/2010, Comarch S.A.’s Management Board announced

The Management Board of Comarch S.A. announces that with resolution no. 1/7/2011, dated the 19th of July, 2011, the Supervisory Board of Comarch S.A. selected Deloitte Audyt Sp. z o. o., with its registered seat in Warsaw at ul. Piękna 18, registered at no. 73 in the list of entities entitled to audit financial statements, to audit and review the financial statements of Comarch S.A.