Investor relations

Legal basis : art. 17 section 1 of MAR - confidential information.

Subject: Purchase of own shares for redemption under the buy-back program.

Content of the report:

Management Board of J.W. Construction Holding S.A. with its registered office in Ząbki ("Company"), with reference to the information provided in the Current Report 66/2019 of 5 December 2019 on the buyback of own shares for redemption, hereby informs that as a result of the settlement, on 27 December 2019 of the transaction of purchase of own shares, the Company purchased in total 4,405,231 (say: four million four hundred and five thousand two hundred and thirty-one) own shares marked with ISIN securities code: PLJWC0000019, with a nominal value of 0.20 PLN each, which jointly constitute 4.96 % of the Company share capital. These shares correspond to 4,405,231 (say: four million four hundred and five thousand two hundred and thirty one) votes at the Company's General Meeting, which constitutes 4.96 % of votes at the Company's General Meeting. All purchased shares are ordinary shares. The purchase price was PLN 2.99 (say: two zlotys and 99/100) per share.

The purchase was conducted through Dom Maklerski Banku Ochrony Środowiska S.A. with its registered office in Warsaw, by way of an invitation to submit offers to sell the Company's own shares. The subscription period lasted from 9 December 2019 to 18 December 2019. The purchased shares are intended for redemption.

The Management Board informs that as at the date of publication of this report the Company holds a total of 5,971,660 own shares, constituting 6.72 % of the Company's share capital. These shares correspond to 5,971,660 votes at the Company's General Meeting, which represents 6.72% of the votes at the Company's General Meeting.

In accordance with the applicable provisions of law, the Company is unable to exercise the right to vote from its own shares. Apart from the above mentioned, the Company does not hold any other own shares.