PEN Insider Trading Notification.

The Management Board of Photon Energy N.V. informs that:
- On 27 June 2017, Photon Energy N.V. purchased 3,900 Photon Energy N.V. shares at a price of PLN 1.15 per share. - On 27 June 2017, Photon Energy N.V. purchased 1,583 Photon Energy N.V. shares at a price of PLN 1.14 per share. The total amount of the notified transactions is PLN 6,290 (EUR 1,480). Prior to the conclusion of the above mentioned transactions, Photon Energy N.V. held 9,037,585 shares in the Company, which accounted for 15.06 % of the Company’s share capital and carried no rights to vote at the Company’s general meeting of shareholders. As from 28 June 2017, Photon Energy N.V. holds 9,043,068 shares, which account for 15.07 % of the Company’s share capital and carry no rights to vote at the Company’s general meeting of shareholders.