AFORTI FINANCE

2016

Balance Sheet 2016 AFAssets PLN

No. Item 12/31/2016A ASSETS 2,035,984.34 I Intangible assets 287,284.25 1 Research and development costs - 2 goodwill - 3 Other intangible assets 287,284.25 III Tangible fixed assets 46,418.95 1 means of permanent structures 3,276.99 a land (including perpetual usufruct) - b buildings, premises and civil engineering - c technical devices and machines 3,276.99 2 Fixed assets under construction 43,141.96 3 Advances for fixed assets under construction - IV Long-term receivables - V Long term investments 1,443,455.07 1 Real estate - 2 Intangible assets - 3 Long-term financial assets 1,443,455.07 a in related entities 1,443,455.07

- Loans granted 1,443,455.07 b in other entities -

- Loans granted - 4 Other long-term investments - VI Long-term prepayments 258,826.07 1 Deferred income tax 258,826.07 2 Other accruals - B ASSETS 4,364,293.36 I Reserves - II short-term receivables 598,979.06 1 Receivables from related parties 534,303.34 a due to deliveries and services with maturity date: 338,575.16

- Up to 12 months 338,575.16 - Over 12 months -

b other 195,728.18 2 Receivables from other entities 64,675.72 a due to deliveries and services with maturity date: 14,527.31

- Up to 12 months 14,527.31 - Over 12 months -

b taxes, subsidies, customs duties, social and health insurance and other benefits 34,090.23 c other 16,058.18 III Short-term investments 3,326,667.94 1 Short-term financial assets 3,326,667.94 a in related entities - b in other entities 3,324,594.25

- Loans granted 3,324,594.25 c cash and cash equivalents 2,073.69

- Cash in hand and at bank 2,073.69 2 Other short-term investments - IV Short-term prepayments 438,646.36

 TOTAL ASSETS 6,400,277.70

Balance Sheet 2016 AFLiabilities PLN

No. Item 12/31/2016A A CAPITAL (FUND) 2,066,057.74 I I capital (fund) 8,296,000.00 II II Called up share capital (negative value) - III III Shares (shares) (negative amount) - IV IV Capital (fund) - V V capital (fund) from revaluation - VI VI Other reserve capital (funds) - VIII VIII Profit (loss) from previous years 6,332,751.03 - IX IX Profit (loss) 102,808.77 D D LIABILITIES AND PROVISIONS FOR LIABILITIES 4,334,219.96 I I Provisions for liabilities 70,540.44 1 1 Deferred income tax - 2 2 Provision for pensions and similar - 3 3 Other provisions 70,540.44

- long-term - - short-term 70,540.44

II II Long-term liabilities 2,043,952.99 1 1 To related parties 860,453.00 2 2 To other entities 1,183,499.99 a and loans and loans 320,499.99 b b arising from issuance of debt securities 863,000.00 c c other financial liabilities - d d promissory notes payable - III III Short-term liabilities 2,219,726.53 1 1 To related parties 430,678.81 a and for deliveries and services with maturity 430,678.81

- Up to 12 months 430,678.81 - over 12 months -

b b other - 2 2 To other entities 1,789,047.72 a and loans 110,010.00 b b arising from issuance of debt securities - c c other financial liabilities 1,108,104.41 d d due to deliveries and services with maturity 106,052.50

- Up to 12 months 106,052.50 - over 12 months -

e e received advances for deliveries - f f promissory notes payable - g g from taxes, customs duties, insurance and other 426,120.65 h h of remuneration 35,081.62 i and other 3,678.54 3 3 Special funds - IV IV Prepayments - 1 Negative goodwill - 2 2 Other accruals -

TOTAL LIABILITIES and EQUITY 6,400,277.70

Profit and loss account 2016 AF PLNNo. Item 12/31/2016A Net revenues from sales and equivalent, 1,378,835.86 - from related parties - I Net revenues from sales of products 1,378,835.86 II Changes II products (increase - positive value, decrease - - III III Cost of manufacturing products for own needs - IV IV Net revenues from sales of goods and materials - B B Operating expenses 1,353,859.29 I Amortization 40,353.14 II II Materials and energy 28,636.89 III Third party services 826,088.69 IV IV Taxes and charges, including: 221,647.42

excise tax - V Salaries and wages 194,706.12 VI VI Social security and other benefits 39,193.77 VII VII Other costs 3,233.26 VIII VIII Value of goods and materials - C C Profit (loss) on sales (A-B) 24,976.57 D D Other operating income 57,811.26 I And Gain on sale of fixed assets - II II Grants - III III Other operating income 57,811.26 E E Other operating expenses 64,276.54 I I Loss on disposal of fixed assets - II II Revaluation of non-financial assets - III III Other operating expenses 64,276.54 F F Profit (loss) from operating activities (C + D-E) 18,511.29 G G Financial income 314,918.68 I I Dividends and share in profits, including: - - from related parties - II II Interest, including: 5,534.99 - from related parties - III III Profit on disposal of investments - IV IV Revaluation of investments - V V Others 309,383.69 H H Financial expenses 230,621.20 I I Interest, including: 132,079.73 - to related parties 47,468.05 II Loss on disposal of investments - III III Revaluation of investments - IV IV Other 98,541.47 J J Gain (loss) on business activities (F + G-H +/- I) 102,808.77 P P Income tax - Q Q Other obligatory decrease of profit (loss) - R R Profit (loss) Minority - S S Profit (loss) (O-P-Q +/- R) 102,808.77

AFORTI FINANCE

Q2/2017

PLNNo. Item Q2/2017

A FIXED ASSETS 2,094,660.79I Intangible assets 256,483.491 R&D expenses 0.002 Goodwill 0.003 Other intangible assets 256,483.49

III Tangible fixed assets 211,335.721 Tangible fixed assets in use 2,775.71a land (including right to perpetual usufruct) 0.00b buildings, premises, civil and water engineering structures 0.00c technical equipment and machines 2,775.712 Tangible fixed assets under construction 208,560.013 Advances for tangible fixed assets under construction 0.00

IV Long-term receivables 4,100.001 From related parties 0.002 From other entities in which the entity has equity exposure 0.003 From other entities 4,100.00V Long-term investments 1,363,915.511 Real property 0.002 Intangible assets 0.003 Long-term financial assets 1,363,915.51a in related parties 1,363,915.51

- loans granted 1,363,915.51b in other entities 0.00

VI Long-term prepayments 258,826.071 Deferred tax assets 258,826.072 Other prepayments 0.00B CURRENT ASSETS 17,583,118.43I Inventory 0.00II Short-term receivables 819,109.811 Receivables from related parties 670,049.23a trade receivables, maturing: 385,067.66

- up to 12 months 385,067.66- above 12 months 0.00

b other 284,981.572 Receivables from other entities 149,060.58a trade receivables, maturing: 78,315.49

- up to 12 months 78,315.49- above 12 months 0.00

b receivables from tax, subsidy, customs, social security and other benefits 63,388.18other 7,356.91

III Short-term investments 16,403,615.401 Short-term financial assets 16,403,615.40a in related parties 0.00b in other entities 16,371,899.67

- loans granted 16,371,899.67c cash and other pecuniary assets 31,715.73

- cash in hand and at bank 31,715.732 Other short-term investments 0.00

IV Short-term prepayments 360,393.22TOTAL ASSETS 19,677,779.22

Balance sheet Q2/2017 AFAssets

PLNNo. Item Q2/2017

A EQUITY 5,905,329.06I Share capital 8,296,000.00II Supplementary capital 0.00III Revaluation reserve 0.00IV Other reserve capitals 0.00V Previous years profit (loss) (6,229,942.26)VI Net profit (loss) 3,839,271.32VII Write-off on net profit during the financial year (negative value)D LIABILITIES AND PROVISIONS FOR LIABILITIES 13,772,450.16I Provisions for liabilities 5,000.001 Provision for deferred income tax 0.002 Provision for retirement and similar benefits 0.00

-long-term 0.00-short-term 0.00

3 Other provisions 5,000.00-long-term 0.00-short-term 5,000.00

II Long-term liabilities 5,752,754.651 To related parties 1,663,838.003 To other entities 4,088,916.65a credits and loans 225,916.65b arising from issuance of debt securities 3,863,000.00

III Short-term liabilities 8,014,695.511 To related parties 821,803.25a trade liabilities, maturing: 821,803.25

- up to 12 months 821,803.25- above 12 months 0.00

b other 0.003 To other entities 7,192,892.26a credits and loans 58.33b arising from issuance of debt securities 0.00c other financial liabilities 6,663,686.75d trade liabilities, maturing: 80,286.56

- up to 12 months 80,286.56- above 12 months 0.00

e received advances for deliveries 0.00f bill-of-exchange liabilities 0.00g tax, customs, insurance and other liabilities 387,385.31h payroll liabilities 59,369.20i other 2,106.114 Special funds 0.00

IV Accruals 0.001 Negative goodwill 0.002 Other accruals 0.00 long-term 0.00 short-term 0.00

TOTAL LIABILITIES 19,677,779.22

LiabilitiesBalance sheet Q2/2017 AF

PLNNo. Item Q2/2017

A Net revenues from sales and equivalent, including revenues: 5,671,194.83- from related parties 0.00I Net revenues from sales of products 5,671,194.83II Change in the balance of products (increase - positive value, decrease - negative value) 0.00III Manufacturing cost of products for internal purposes 0.00IV Net revenues from sales of goods and materials 0.00B Operating expenses 2,831,101.41I Amortisation and depreciation 33,024.04II Consumption of materials and energy 32,485.55III External services 1,346,051.86IV Taxes and charges, including: 336,901.07

- excise duty 0.00V Payroll 350,153.20VI Social security and other benefits 63,394.59

- pension 29,850.00VII Other costs by type 669,091.10VIII Value of goods and materials sold 0.00

C Profit (loss) on sales (A-B) 2,840,093.42D Other operating revenues 330.40I Gain on disposal of non-financial fixed assets 0.00II Subsidies 0.00III Other operating revenues 330.40E Other operating expenses 6,162.50I Loss on disposal of non-financial fixed assets (100.00)II Revaluation of non-financial assets 0.00III Other operating expenses 6,262.50F Profit (loss) on operating activities (C+D-E) 2,834,261.32G Financial revenues 1,383,001.42I Dividend and profit sharing, including: 0.00- from related parties 0.00II Interest, including: 5,650.86- from related parties 1,181.11

III Gain on disposal of investments 0.00IV Revaluation of investments 0.00V Other 1,377,350.56H Financial expenses 377,991.42I Interest, including: 240,173.84- for related parties 99,977.17II Loss on disposal of investments 0.30III Revaluation of investments 0.00IV Other 137,817.28J Profit (loss) on business activities (F+G-H+/-I) 3,839,271.32N Gross profit (loss) (J–K+L+/–M) 3,839,271.32O Income tax 0.00P Other statutory reductions in profit (increases in loss) 0.00R Net profit (loss) (N-O-P+/-Q) 3,839,271.32

Profit and loss account (with classification of expenses by type) Q2/2017 AF

AFORTI HOLDING

2016

Balance sheet 2016 AHAssets PLN

No. Item 31/12/2016

A ASSETS 15,042,427.67I Intangible assets 716,779.381 Other intangible assets 708,279.382 Advances for intangible assets 8,500.00II Goodwill from consolidation 10,753,502.041 Goodwill on consolidation - subsidiaries 10,753,502.04

III Tangible fixed assets 746,746.531 means of permanent structures 645,955.91a buildings, premises and civil engineering 1,237.66b technical devices and machines 58,566.38c means of transport 322,912.93d other fixed assets 263,238.942 Fixed assets under construction 73,054.123 Advances for fixed assets under construction 27,736.50

IV Long-term receivables 99,850.141 From related parties 91,000.002 From other entities 8,850.14V Long term investments 763,153.061 Long-term financial assets 763,153.06a in related entities 763,153.06

- Other securities 734,856.34- Loans granted 28,296.72

VI Long-term prepayments 1,962,396.521 Deferred income tax 445,257.732 Other accruals 1,517,138.79B ASSETS 18,834,114.24I short-term receivables 8,666,897.361 Receivables from related parties 7,941,145.48a due to deliveries and services with maturity date: 3,142,570.24

- Up to 12 months 3,142,570.24b other 4,798,575.242 Receivables from other entities 725,751.88a due to deliveries and services with maturity date: 368,118.25

- Up to 12 months 368,118.25b taxes, subsidies, customs duties, social and health insurance and other benefits 195,983.31b other 161,650.32II Short-term investments 8,522,545.021 Short-term financial assets 8,522,545.02a in related entities 2,516,600.00

- Shares 2,496,600.00- Other securities 20,000.00

c in other entities 5,478,377.92- Shares 1,574,996.43- Other securities 324,000.00- Loans granted 3,577,976.56- Other current financial assets 1,404.93

c cash and cash equivalents 527,567.10- Cash in hand and at bank 524,440.76- Other cash 3,126.34

III Short-term prepayments 1,644,671.86 TOTAL ASSETS 33,876,541.91

Balance sheet 2016 AHLiabilities PLN

No. Item 31/12/2016

A EQUITY 4,455,856.57I Share capital 7,801,915.00II Supplementary capital 1,750,968.18

surplus of the sale value (of emission value) above the nominal value of shares of stocks)

1,284,946.80

V Previous years profit (loss) (5,620,238.40)VI Net profit (loss) 523,211.79B Capital of the minority 881,774.25D LIABILITIES AND PROVISIONS FOR LIABILITIES 28,538,911.09I Provisions for liabilities 94,214.471 Provision for deferred income tax 5,805.392 Provision for retirement and similar benefits 0.00

-long-term 0.00-short-term 0.00

3 Other provisions 88,409.08-long-term 0.00-short-term 88,409.08

II Long-term liabilities 17,889,357.871 To related parties 582,232.002 To other entities in which the entity has equity exposure 0.003 To other entities 17,307,125.87a credits and loans 396,690.50b arising from issuance of debt securities 16,584,000.00c other financial liabilities 326,435.37e other 0.00

III Short-term liabilities 10,555,338.751 To related parties 123,463.69a trade liabilities, maturing: 68,065.68

- up to 12 months 68,065.68- above 12 months 0.00

e other 55,398.013 To other entities 10,431,875.06a credits and loans 428,993.95b arising from issuance of debt securities 3,795,000.00c other financial liabilities 1,478,148.77a trade liabilities, maturing: 2,467,826.48

- up to 12 months 2,467,826.48- above 12 months 0.00

e received advances for deliveries 73.20f bill-of-exchange liabilities 0.00g tax, customs, insurance and other liabilities 1,386,614.76h payroll liabilities 378,836.05e other 496,381.85

TOTAL LIABILITIES 33,876,541.91

Profit and loss account 2016 AHPLN

No. Item 31/12/2016

A Net revenues from sales and equivalent, including revenues: 62,305,651.09from related parties 0.00

I Net revenues from sales of products 1,751,045.59II Change in the balance of products (increase - positive value, decrease - negative value) 0.00III Manufacturing cost of products for internal purposes 0.00IV Net revenues from sales of goods and materials 60,554,605.50B Operating expenses 65,173,604.61I Amortisation and depreciation 266,344.02II Consumption of materials and energy 247,684.55III External services 2,569,433.01IV Taxes and charges, including: 321,867.65

- excise duty 0.00V Payroll 1,053,897.44VI Social security and other benefits 124,549.13

- pension 45,370.90VII Other costs by type 122,936.17VIII Value of goods and materials sold 60,466,892.64

C Profit (loss) on sales (A-B) (2,867,953.52)D Other operating revenues 63,273.50I Gain on disposal of non-financial fixed assets 1,850.22II Subsidies 0.00D Other operating revenues 61,423.28E Other operating expenses 75,784.09I Loss on disposal of non-financial fixed assets 0.00II Revaluation of non-financial assets 0.00E Other operating expenses 75,784.09F Profit (loss) on operating activities (C+D-E) (2,880,464.11)G Financial revenues 4,958,202.48I Dividend and profit sharing, including: 0.00- from related parties 0.00II Interest, including: 31,126.66

from related parties 37.72III Gain on disposal of investments 2,520,000.00IV Revaluation of investments 2,097,600.00V Other 309,475.82H Financial expenses 1,322,869.78II Interest, including: 1,204,082.63- for related parties (55.42)II Loss on disposal of investments 0.00IV Revaluation of investments 0.00V Other 118,787.15J Profit (loss) on business activities (F+G-H+/-I) 754,868.59K Write off the goodwill 205,616.08I Write off of goodwill - subsidiaries 205,616.08N Gross profit (loss) (J–K+L+/–M) 549,252.51O Income tax 11,904.32P Other statutory reductions in profit (increases in loss) 0.00Q Profit (loss) Minority 14,136.39R Net profit (loss) (N-O-P+/-Q) 523,211.79

AFORTI HOLDING

Q2/2017

Balance sheet Q2 2017 AHAssets PLN

No. Item Q2/2017

A Fixed ASSETS 19,017,185.07I Intangible assets 625,547.701 Other intangible assets 597,346.002 Advances for intangible assets 28,201.70II Goodwill from consolidation 13,865,845.791 Goodwill on consolidation - subsidiaries 13,865,845.79

III Tangible fixed assets 835 070,321 means of permanent structures 391,914.92a buildings, premises and civil engineering 1,130.02b technical devices and machines 23,432.11c means of transport 265,434.37d other fixed assets 101,918.422 Fixed assets under construction 443,155.40

IV Long-term receivables 40,275.151 From related parties 2,812.002 From other entities 37,463.15V Long term investments 967,119.061 Long-term financial assets 967,119.06a in related entities 967,119.06

- Shares 210,775.00- Other securities 734,856.34- Loans granted 21,487.72

VI Long-term prepayments 2,683,327.051 Deferred income tax 445,257.732 Other accruals 2,238,069.32B Current ASSETS 37,868,636.29I Short-term receivables 11,736,856.111 Receivables from related parties 5,574,185.43a due to deliveries and services with maturity date: 4,047,666.78

- Up to 12 months 4,047,666.78 - Over 12 months 0.00

b other 1,526,518.652 Receivables from other entities 6,162,670.68a due to deliveries and services with maturity date: 645,947.48

- Up to 12 months 645,947.48 - Over 12 months 0.00

b taxes, subsidies, customs duties, social and health insurance and other benefits 424,712.77c other 5,092,010.43II Short-term investments 24,451,028.551 Short-term financial assets 24,451,028.55a in related entities 2,496,600.00

- Shares 2,496,600.00b in other entities 21,228,832.28

- Shares 1,574,996.43- Other securities 2,989,000.00- Loans granted 16,663,430.92- Other current financial assets 1,404.93

c cash and cash equivalents 725,596.27- Cash in hand and at bank 722,419.69- Other cash 3,176.58

III Short-term prepayments 1,680,751.63 TOTAL ASSETS 56,885,821.35

Balance sheet Q2 2017 AHLiabilities PLN

No. Item Q2/2017

A EQUITY 5,253,710.11I Share capital 7,801,915.00II Supplementary capital 3,504,854.16

surplus of the sale value (of emission value) above the nominal value of shares of stocks)

1,284,946.80

III Revaluation reserve 0.00IV Other reserve capitals 0.00V Previous years profit (loss) (6,850,912.59)VI Net profit (loss) 797,853.54VII Write-off on net profit during the financial year (negative value) 0.00B Capital of the minority 838,291.62D LIABILITIES AND PROVISIONS FOR LIABILITIES 50,793,819.62I Provisions for liabilities 14,774.011 Provision for deferred income tax 5,805.392 Provision for retirement and similar benefits 0.00

-long-term 0.00-short-term 0.00

3 Other provisions 8,968.62-long-term 0.00-short-term 8,968.62

II Long-term liabilities 38,888,833.201 To related parties 24,124.342 To other entities in which the entity has equity exposure 0.003 To other entities 38,864,708.86a credits and loans 18,972.73b arising from issuance of debt securities 38,628,000.00c other financial liabilities 217,736.13d other 0.00

III Short-term liabilities 11,890,212.411 To related parties 888,136.60a trade liabilities, maturing: 761,909.92

- up to 12 months 761,909.92- above 12 months 0.00

b other 126,226.683 To other entities 11,002,075.81a credits and loans 18,546.33b arising from issuance of debt securities 1,005,000.00c other financial liabilities 6,682,329.56d trade liabilities, maturing: 1,085,024.84

- up to 12 months 1,085,024.84- above 12 months 0.00

e received advances for deliveries 73.20f bill-of-exchange liabilities 0.00g tax, customs, insurance and other liabilities 1,372,773.76h payroll liabilities 341,945.02i other 496,383.10

TOTAL LIABILITIES 56,885,821.35

Profit and loss account Q2/2017 AHPLN

No. Item Q2/2017

A Net revenues from sales and equivalent, including revenues: 75,166,977.29- from related parties 0.00I Net revenues from sales of products 5,718,101.27II Change in the balance of products (increase - positive value, decrease - negative value) 0.00III Manufacturing cost of products for internal purposes 0.00IV Net revenues from sales of goods and materials 69,448,876.02B Operating expenses 74,032,905.69I Amortisation and depreciation 212,236.81II Consumption of materials and energy 233,050.79III External services 1,355,295.30IV Taxes and charges, including: 508,101.02

- excise duty 0.00V Payroll 1,170,492.99VI Social security and other benefits 184,286.40

- pension 66,591.54VII Other costs by type 943,485.97VIII Value of goods and materials sold 69,425,956.41

C Profit (loss) on sales (A-B) 1,134,071.60D Other operating revenues 37,389.29I Gain on disposal of non-financial fixed assets 35,883.89II Subsidies 0.00D Other operating revenues 1,505.40E Other operating expenses 173,072.02I Loss on disposal of non-financial fixed assets (100.00)II Revaluation of non-financial assets 0.00E Other operating expenses 173,172.02F Profit (loss) on operating activities (C+D-E) 998,388.87G Financial revenues 2,644,403.21I Dividend and profit sharing, including: 0.00- from related parties 0.00II Interest, including: 19,105.51- from related parties 0.00

III Gain on disposal of investments 1,203,248.93IV Revaluation of investments 0.00V Other 1,422,048.77H Financial expenses 1,409,264.91II Interest, including: 1,257,997.37- for related parties 0.00II Loss on disposal of investments 0.30IV Revaluation of investments 0.00V Other 151,267.24J Profit (loss) on business activities (F+G-H+/-I) 2,233,527.17K Write off the goodwill 419,301.88I Write off of goodwill - subsidiaries 419,301.88N Gross profit (loss) (J–K+L+/–M) 1,814,225.29O Income tax 0.00P Other statutory reductions in profit (increases in loss) 0.00Q Profit (loss) Minority 1,016,371.75R Net profit (loss) (N-O-P+/-Q) 797,853.54