Presentation of the results for the first quarter

Presentation of the results for the first quarter of 2019 Capital Group Votum

Strategy The Company's strategy focuses on offering innovative solutions to consumers of the financial services market enabling them to pursue their claims. The operating model is based on the use of economies of scale and far-reaching specialization in terms of both the subject of the service and the stages of its implementation. This model is implemented by appointing specialized units in individual segments. The sales strategy envisages the diversification of revenue sources, reacting to the dynamically changing market situation, both due to emerging new market opportunities and legal risks. The diversification of the sales activity also concerns customer acquisition channels. Considering the specifics of individual segments and group of clients, these channels are multi-level direct sales structures, specialized sales representatives, call centers and the Internet. The company also recognizes the possibilities of development in the claims for personal injury segment through the continuation of foreign expansion.

Business segments Presentation of the Capital Group Claims for personal injury Votum S. A. , Votum Odszkodowania S. A. , Kancelaria Adwokatów i Radców Prawnych A. Łebek i Wspólnicy sp. k. Dopłaty Powypadkowe S. A. CG VOTU M Claims for car damages Claims for bank contracts Rehabilitation services Biuro Ekspertyz Procesowych sp. z o. o. Robin Lawyers S. A. Bochenek i Wspólnicy Kancelaria Radców Prawnych sp. k. PCRF VOTUM S. A. sp. k. , Ukraińsko - Polskie Centrum Rehabilitacji VOTUM sp. z o. o. , Centrum Medycznej Oświaty sp. z o. o. Law Stream sp. z o. o. PCRF VOTUM S. A. DSA Investment S. A. , Protecta sp. z o. o. , Redeem sp. z o. o. VOTUM Centrum Odškodnění, a. s. , Kancelaria Prawna VIDSHKODUVANNYA sp. z o. o. , Mędrecki & Partners Law Office sp. k.

Business segments Injured in traffic accidents in the years 1999 – 2018* 80000 70000 60000 50000 40000 30000 20000 10000 0 Victims of transport accidents in the years 1999 – 2018* 8000 7000 6000 5000 4000 3000 2000 0 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 1000 Number of road collisions 2014 - 2018 (thousand)* The number of mortgages covered by currency risk in the years 2006 – 2017** 600 348 362 407 436 225000 200000 175000 300 150000 125000 100000 75000 0 2014 2015 2016 2017 2018 50000 25000 *Source: http: //statystyka. policja. pl/st/ruch-drogowy/76562, Wypadki-drogowe-raporty-roczne. html **Source: Raport Najwyższej Izby Kontroli KBF. 430. 001. 2018; Nr ewid. 33/2018/P/17/111/KBF – ochrona praw konsumentów korzystających z kredytów objętych ryzykiem walutowym 8422 957 939 2677 3024 2657 0 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017

Business segments Number of pre-trial cases as at 31 March [WARTO 2019 by type of cases [WARTO ŚĆ] ([PROCE NTOWE] [WARTO ) NTOWE] ŚĆ] ) ([PROCE NTOWE] ) [WARTO ŚĆ] ([PROC ENTOW E]) Number and value of cases The number of registered cases from IQ 2018 to IQ 2019* 6000 5160 1696 3814 980 4000 3798 966 940 2000 2792 2965 200 487 898 1038 2498 1000 1894 1694 1440 1310 1152 1336 0 The value of pre-trial cases as at 31 [WART March 2019, by type of cases (in PLN OŚĆ]mln) ([PROC ENTOW E]) [WART OŚĆ] ([PROC ENTOW E]) IQ 2018 IIIQ 2018 IVQ 2018 IQ 2019 * The chart does not take into account cases identified as „other" (damage to real estate, inheritance of claims from OFE, material damage based on success fee) and applies only to matters positively verified and registered in the Company's IT system personal injury banking material damage (assignment of receivables) other As at March 31, 2019, the Company maintained 10 591 cases in pre-trial proceedings. The total value of estimated and reported claims to obliged entities was PLN 599, 799, 267. [WART of trial cases as of 31 March Number OŚĆ] 2019 by type of case* ([PROCE NTOWE ]) [WART OŚĆ] [WART ([PROCE OŚĆ] NTOWE ([PROCE ]) NTOWE ]) [WART OŚĆ] ([PROCE NTOWE ]) * Caces in which an action has been brought or is being prepared The value of litigation [WARTOŚas at 31 March 2019, by type of cases (in PLN mln) Ć] [WARTOŚ Ć] ([PROCEN TOWE]) [WARTOŚ Ć] ([PROCEN TOWE]) As at March 31, 2019, the Company maintained 10, 717 cases in litigation. The total value of the subject of litigation of estimated and reported claims to obliged entities was PLN 416, 461, 935.

Financial and operational results CG VOTUM – comparison of selected financial data for 1 Q 2019 to 1 Q 2018 (thou. PLN) Profit and Loss Account Sales revenues Operating expenses 1 Q 2019 31 073 26 131 1 Q 2018 Revenues from bank contracts at Votum S. A – 3, 9 mln PLN; consolidation of revenues from DSA Investment S. A. 26 128 23 517 Profit on operating activity 4 842 2 628 Net profit 4 178 1 865 Increase in operating profit by 84% Fleet sale Operating expenses 1 Q 2019 1 Q 2018 Depreciation 482 864 Usage of materials and energy 477 698 Other services (mainly the salary of co-workers) 17 844 12 744 5 078 6 343 809 1 205 Salary Social security and other benefits Profit increase by 124% Change in the employment structure; increase resulting from the increase in revenues Profit form sales 1 Q 2019 1 Q 2018 4 942 2 611 A decrease in costs by over 220 thou. PLN – continuation of digitization processes; reduction of fuel costs Decrease in payroll costs by 33% at the end of March 2019 – change in the employment structure, change of the cooperation model in the internal sales network

Financial and operational results CG VOTUM – cash flow (thou. PLN) h Net cash flow from operating activities Net cash flow from investing activities Net cash flow from financing activities Payment for the purchase of shares in DSA Investment S. A. Net cash flow together Cash 1 Q 2019 1 Q 2018 3 919 -56 -1 653 394 -1 264 -1 397 1 002 -1 059 on 31. 03. 2019 on 31. 12. 2018 10 054 9 052 1 Q 2 0 1 8 1 Q 2 0 1 9 -2, 000 -1, 000 0 1, 000 2, 000 3, 000 4, 000 5, 000

Dividend policy 03. 06. 2019 r. – resolution of the Votum SA Management Board of the dividend payment policy for 2019 -2021 Ø The Management Board of VOTUM S. A. based in Wroclaw will be recommended depending on the economic situation of the Company: a) b) Ø payment of net profit to shareholders in the form of a dividend or acquisition of own shares as a result of an offer addressed to all shareholders (buy-back) as follows: i. the dividend or buy-back will be from 25% (twenty five percent) to 50% (fifty percent) of the net profit of the VOTUM Capital Group allocated to the parent company, however, not more than 100% of the net profit of Votum S. A. , ii. the calculation method of the final value of the dividend to be paid will consist in converting the dividend into the amount per share and rounding the result down to full gr, iii. the calculation method of the final value of funds allocated for the acquisition of own shares as a result of the offer directed to all shareholders (buyback) will be analogous to the method of calculating the value of funds allocated to the dividend, allocation of all or part of the net profit to the reserve capital created for the payment of the dividend. The dividend payment policy will concern net profits generated in 2019, 2020 and 2021 respectively.

Thank you for your attention Justyna Halaś - Director of the Legal and Compliance Department phone: 504 759 408 Kacper Jankowski – Director of the Banking Department phone: 518 616 454 fax: e-mail: 71 33 93 403 inwestorzy@votum-sa. pl twitter. com/votumsaodszkodo www. votum-sa. pl www. ri. votum-sa. pl