Change in shareholding of the Company

The Board of LIVECHAT SOFTWARE SA (“Company”, “Issuer”) announces that on 19 May 2015, the Company received notification from Copernicus Capital Towarzystwo Funduszy Inwestycyjnych SA (TFI) with the information on transactions of sale by funds Fulcrum, Falcon, Napoleon FIZ of shares of the company LiveChat Software SA through the brokerage house Trigon SA on 14 May of 2015. The notice was filed under Art. 87. 1(2)(a) and Art. 69. 1(2) and 2(1)(a) of the Act as of 29 July 2005 on Public Offering, Conditions Governing the Introduction of Financial Instruments to Organised Trading and Public Companies. The notice was filed on behalf of funds managed by TFI: FULCRUM Fundusz Inwestycyjny Zamknięty (Fund 1), FALCON Fundusz Inwestycyjny Zamknięty (Fund 2), NAPOLEON Fundusz Inwestycyjny Zamknięty (Fund 3). As provided for in the notice,  Fund 1 has reduced its shareholding in the Company below the threshold of 10% of the total number of votes;  Number of shares of the Company held by the investment funds managed by TFI (Fund 1, Fund 2 Fund 3) decreased by more than 2% of the total number of votes and fell below the threshold of 15% of the total number of votes in the Company. The changes in shareholding occurred as a result three OTC transactions carried out on 14 May 2015, in which: 1. Fund 1 sold 675,358 shares, representing 2.62% of the share capital and entitling to a similar number of votes at the General Meeting; 2. Fund 2 sold 118,621 shares, representing 0.46% of the share capital and entitling to a similar number of votes at the General Meeting; 3. Fund 3 sold 218,947 shares, representing 0.85% of the share capital and entitling to a similar number of votes at the General Meeting. Before carrying out the transactions:  Fund 1 directly held 2,936,405 shares, representing 11.40% of the share capital and entitling to a similar number of votes at the General Meeting;  Fund 2 directly held 515,755 shares, representing 2.00% of the share capital and entitling to a similar number of votes at the General Meeting;  Fund 3 directly held 951,965 shares, representing 3.70% of the share capital and entitling to a similar number of votes at the General Meeting. None of the funds held any shares of the Company indirectly and TFI was the investment fund management company of each of these funds. This means that before the transaction, the funds managed by TFI (Fund 1, Fund 2, Fund 3) held a total of 4,404,125 shares, representing 17.10% of share capital and entitling to 4,404,125 votes at the General Meeting, which represents 17,10% of the total number of votes in the Company. After carrying out the transactions:  Fund 1 directly holds 2,261,047 shares, representing 8.78% of the share capital and entitling to a similar number of votes at the General Meeting;  Fund 2 directly holds 397,134 shares, representing 1.54% of the share capital and entitling to a similar number of votes at the General Meeting;  Fund 3 directly holds 733,018 shares, representing 2.85% of the share capital and entitling to a similar number of votes at the General Meeting. None of the funds held any shares of the Company indirectly and TFI was the investment fund management company of each of these funds. This means that after the transaction, the funds managed by TFI (Fund 1, Fund 2, Fund 3) hold a total of 3,391,199 shares, representing 13.17% of share capital and entitling to 3,391,199 votes at the General Meeting, which represents 13,17% of the total number of votes in the Company. The notice stated that there are no other investment funds managed by TFI apart from Fund 1, Fund 2 Fund 3, which would have a share of the Company. The notice also informed that there were no subsidiaries of TFI, Fund 1, Fund 2 or Fund 3, which held shares of the Company and that there were no persons referred to in Article. 87. 1(3)(c) of the Act.