Exceeding the threshold of 25 % of the total number of votes by a proxy

The Board of Directors of Przedsiębiorstwo Przemysłu Spożywczego “PEPEES” S.A. (the “Company”) hereby notifies that, on 19 May 2016, they received a notice from Mr Grzegorz Maj, the proxy of the following shareholders: Mr Michał Skotnicki and Mr Maksymilian Skotnicki, empowered to represent the aforementioned shareholders at the Annual General Meeting of Shareholders held on 19 May 2016 and to exercise voting rights without a separate voting instruction from 28,132,088 shares of the Company representing 29.613 % of all shares of the Company, which entitle their holders to 28,132,088 votes representing 29.613 % of the total number of votes. At the same time, the proxy has notified that, in addition to representing the aforementioned shareholder, he holds 350 shares of the Company, from which he will be able to exercise his voting rights when he loses the right to vote on the basis of his power of attorney. 

 
The notice is attached to this report
SIGNATURES OF THE COMPANY'S REPRESENTATIVES
President of the Board of Directors     Wojciech Faszczewski 2016-05-19 
Member of the Board of Directors / Chief Financial Officer     Krzysztof Homenda 2016-05-19