XTB Executes Major Share Sale, Facilitated by White & Case

White & Case LLP has served as the exclusive legal counsel for XX ZW Investment Group S.A., a Luxembourg-registered investment entity, in its divestiture of a portion of its shares in XTB S.A. through an accelerated book-building process. The transaction, valued at over PLN 733 million, involved the sale of over 9.4 million shares priced at PLN 78 each, accounting for eight percent of XTB's total share capital. Post-transaction, XX ZW Investment Group maintains its role as a pivotal investor, retaining a 35.78 percent stake in XTB. The share sale targeted qualified investors both in Poland and internationally under Regulation S, and in the United States according to Rule 144A of the US Securities Act. The financial execution was managed by Santander Bank Polska S.A. in conjunction with BANCO SANTANDER S.A. and UBS AG London Branch, acting as Global Coordinators and Joint Bookrunners. The advisory team from White & Case was comprised of legal professionals across multiple locations including Warsaw, London, Brussels, and Luxembourg. XTB, listed on the Warsaw Stock Exchange, is recognized globally as a premier broker in foreign exchange and contract for difference derivatives.