Investor Activity On GPW Group Markets – November 2021

• GPW Main Market Electronic Order Book[1] equities turnover value decreased by 2.9% YoY to PLN 29.8 billion
• Derivatives turnover volume decreased by 2.5% YoY to 984,700 contracts
• Structured products turnover volume increased by 35.4% YoY to PLN 253.0 million
• Non-Treasury bonds turnover value on Catalyst increased by 15.6% YoY to PLN 267.0 billion
• Bonds turnover value on TBSP increased by 104.2% YoY to PLN 42.1 billion
  • Electricity turnover volume increased by 1.6% to 19.9 TWh
  • Natural gas turnover volume decreased by 8.7% YoY to 10.9 TWh
  • Turnover in Guarantees of Origin of RES electricity increased by 51.4% to 2.4 TWh

In November 2021, total equities turnover value on the GPW Main Market was PLN 30.5 billion, representing a 2.6% decrease year on year, while Electronic Order Book turnover value decreased by 2.9% year on year to PLN 29.8 billion. Average daily Electronic Order Book equities turnover value stood at PLN 1,488.0 million, a 2.9% decrease year on year. On the last trading day of November 2021, the WIG index closed at 67,814.89 points, representing a 28.8% increase year on year.

Total November 2021 NewConnect equities turnover value decreased by 78.8% year on year to PLN 318.9 million, while Electronic Order Book equities turnover decreased by 79.3% year on year and stood at PLN 309.8 million.

Total November 2021 derivatives turnover volume was 984,700 contracts, representing a 2.5% decrease year on year. Index futures turnover volume decreased by 13.6% year on year to 491,700 contracts. Single-stock futures turnover volume decreased by 19.6% year on year to 207,300 contracts. Currency futures turnover volume increased by 75.3% year on year to 255,900 contracts. Options turnover volume decreased by 20.0% year on year to 29,700 contracts.

In November 2021, structured products turnover value increased by 35.4% year on year to PLN 253.0 million. ETF turnover value decreased by 6.1% year on year to PLN 75.8 million.

At the end of November 2021, Catalyst listed non-Treasury bond value was PLN 95.6 billion, compared to PLN 97.2 billion at the end of November 2020. In November 2021, turnover value of non-Treasury bonds on Catalyst’s Electronic Order Book increased by 15.1% year on year to PLN 258.6 million.

In November 2021, total TBSP bond turnover value was PLN 42.1 billion, compared to PLN 20.6 billion in November 2020, representing a 104.2% increase year on year.

Total November 2021 electricity turnover volume was 19.9 TWh, representing a 1.6% increase year on year, where spot transaction turnover volume decreased by 8.6% year on year to 2.8 TWh and forward transaction turnover volume increased by 3.4% year on year to 17.2 TWh.

Total November 2021 natural gas turnover volume was 10.9 TWh, representing a 10.3% decrease year on year, where spot transaction turnover volume decreased by 30.4% year on year to 2.2 TWh and forward transaction turnover volume decreased by 0.9% year on year to 8.7 TWh.

Turnover volume of November 2021 spot transactions in property rights to certificates of origin, excluding rights to certificates of energy efficiency (“white certificates”),[2] was 2.5 TWh, representing a 24.8% increase year on year.

In November 2021, turnover volume of property rights to certificates of origin of energy efficiency (“white certificates”) increased by 45.8% year on year to 10.1 ktoe[3].

November 2021 turnover volume in Guarantees of Origin of electricity generated from renewable energy sources increased by 51.4% year on year to 2.4 TWh.

At the end of November 2021, the market capitalisation of 379 domestic companies listed on the Main Market was PLN 677.6 billion (EUR 144.7 billion), while the total market capitalisation of 426 domestic and foreign companies listed on the Main Market was PLN 1,241.7 billion (EUR 265.1 billion).

Shares of the company POLTREG (offering value PLN 99.9 million) were newly listed on the Main Market in November 2021.

Shares of the companies CONSTANCE CARE, BIOCELTIX (offering value PLN 10.9 million), TRIGGO (offering value PLN 8.3 million), ZENERIS PROJEKTY (offering value PLN 6.5 million) and ADVANCED GRAPHENE PRODUCTS (offering value PLN 7.4 million) were newly listed on NewConnect in November 2021.

In November 2021, GPW held 20 trading sessions, the same as in November 2020.

The appendix presents turnover data for the markets operated by GPW.

[1] Trading in the session, net of block trades.