SATORIA GROUP SA

The parent entity of SATORIA group – SATORIA Group SA (earlier PUHIT S.A.) – is based in 100% on the Polish equity. It owns shares and stocks in specialised entities, whose main area of activity is providing hotel & conference services, managing hotel facilities, as well as leasing office space. The total revenue of SATORIA Group amounted to PLN 95 M in 2012. The total equity of Satoria Group amounts to PLN 441 M. EBIT for 2012 amounted to PLN 16.8 M. EBITDA for 2012 amounted to PLN 25 M. The following companies comprise SATORIA Group: •SATORIA GROUP S.A. •VHM Hotel Management Sp. z o.o. • Polskie Projekty Inwestycyjne Sp. z o.o. Spółka Komandytowo- Akcyjna •Polskie Projekty Inwestycyjne Sp. z o.o. •BiaVita Polska Sp. z o.o.