Greenberg Traurig Advised Rex Concepts and McWin on the Initial Public Offering and Listing on the Warsaw Stock Exchange

WARSAW -7 May 2026- Greenberg Traurig advised Rex Concepts S.A. (the "Company"), the master franchisee of Burger King and Popeyes in Poland, Czechia and Romania, as well as Rex Invest CEE - a company in the McWin group - as the selling shareholder, on the initial public offering (IPO) of the Company's shares and the admission of the shares to trading on the regulated market operated by the Warsaw Stock Exchange.

The total value of the offering amounted to approximately PLN 497.8 million, with a final offer price set at PLN 14 per share. The offering comprised 32 million newly issued and 3,555,555 existing shares offered by Rex Invest CEE in connection with the stabilisation structure. Gross proceeds from the new issue amounted to approximately PLN 448 million.

The IPO of the Company included a retail and institutional public offering in Poland, as well as an institutional offering for investors outside of Poland in accordance with Rule 144A and Regulation S under the U.S. Securities Act.

Greenberg Traurig provided comprehensive legal advisory services to the Company and Rex Invest CEE in connection with the preparation and execution of the IPO.

WOOD & Company Financial Services, Polish Branch, and Pekao Investment Banking acted as Global Co-coordinators and Joint Bookrunners with respect to the institutional offering. Bank Polska Kasa Opieki S.A. - Biuro Maklerskie Pekao and Ipopema Securities acted as Joint Bookrunners. Biuro Maklerskie Pekao acted as the stabilisation manager.

The transaction team was led by Partner Rafał Sieński and included Counsel Grzegorz Socha, Senior Associate Adam Marszałek, Associate Kamil Nagawski and Associate Szymon Świerszcz, who were supported by Counsel Agnieszka Stopińska and Senior Associate Michał Kuratowski. Advice on US and English law was provided by lawyers from Greenberg Traurig's London office - Partner Dorothee Fischer-Appelt and Partner James Mountain.

Rex Concepts is the operator of a chain of quick service restaurants (QSR) in Poland, Czechia and Romania, and the master franchisee of the Burger King and Popeyes brands in those three markets. Founded in 2022, the company has built a network of more than 170 own restaurants in less than four years.

Greenberg Traurig is recognized as a longstanding leader in Poland with respect to capital markets. For many years, the Warsaw Capital Markets Practice has been consistently ranked at the very top by leading international directories: Chambers Global, Chambers Europe, Legal 500, as well as IFLR 1000. The Practice offers clients an unparalleled breadth of experience in all aspects of Polish securities law, allowing for the facilitation of all phases of securities transactions on Polish and international capital markets. Greenberg Traurig Warsaw's seasoned capital markets professionals are acknowledged leaders in Poland and together make up one of the most experienced teams amongst international law firms in the vibrant Central European market.