The estimated operational and sales data of subsidiaries Aforti Finance S.A., Aforti Exchange S.A., Aforti Exchange Romania S.A., Aforti Collections S.A. and Aforti Factor S.A. – May 2018 CR 54/2018

The board of Aforti Holding S.A. (the Company”, “the Issuer”) headquartered  in  Warsaw hereby  announces  to  the public  the estimated operational  and  sales  results  of  Aforti  Finance  S.A.,  Aforti  Exchange  S.A., Aforti  Exchange Romania S.A., Aforti Collections S.A. and Aforti Factor S.A. the Issuer’s subsidiaries for May 2018

1. The estimated operational and sales results of Aforti Finance S.A. for May 2018:
   In May  2018 Aforti Finance S.A. granted 53 loans (increase by 23,26% YoY) with a total value  of  PLN 6 682,59 thousand, which is an increase of 93,07% compared to the same month of 2017.
   The value of submitted applications amounted to PLN 47 774,31 thousand and that is a result higher by 213,80% compared to the same period of the previous year. In May 2018, there were filed 323 loan  applications,  an  increase of 71,81%  compared to the same month of 2017.
   Cumulatively, after the first five months of 2018, Aforti Finance SA granted 273 loans (60,59% more YoY) with total value PLN 29 202,79 thousand and it is an increase by 181,23% compared to 2017. In the period from January to the end of May 2018, there were filed 1570 loan applications with total value PLN 195 279,82 thousand. The quantity of the loans rose up by 98,23% and their total value by 300,43% in relation to the same period in the previous year.
2. The estimated operational and sales results of Aforti Exchange S.A. for May 2018:
   The currency  exchange  platform’s turnover in May 2018 reached 25 638,07 thousand EUR and  was higher by 272,84% compared to the same period of the previous year. At the same time, after five months of the current year, the turnover reached the level of 90 483,41 thousand EUR, an increase of 230,11% year-on-year.
3. The estimated operational and sales results of Aforti Exchange Romania S.A. for May 2018 :
   The value of trading on the currency exchange platform in Romania in May 2018 amounted to 5 573,42 thousand EUR. At the end of May 2018, Aforti Exchange Romania S.A. recorded 15 727,53 thousand EUR of the total turnover value.
   In connection with the registration the Company on June 2017, the comparative data are not available.
4. The estimated operational and sales results of Aforti Collections S.A. for May 2018:
   Nominal value of debt  collection commissions on May  2018 reached  PLN 816,45 thousand. This is a decrease of 53,44% YoY. The  number  of  recovery  orders  amounted  to 80 and  was  lower by 87,54% compared to May 2017.
   The company concluded 9 contracts in the indicated month, which is a decrease by 66,67% compared to the same period in the previous year.
   Cumulatively, at the end of May 2018, the nominal value of the debt collection orders amounted to PLN 8 621,48 thousand, which is a decline of 34,05% year-on-year. The number of orders also decreased by 92,44% from 13 487 to 1 019. At the same time, the number of debt recovery agreements concluded in the first five months of this year, decreased by 67,24% to 19.
5. The estimated operational and sales results of Aforti Factor S.A. for May 2018:
   In  May  2018  the  value  of  receivables  financed  by  Aforti  Factor  S.A.  amounted  to  PLN  1 792,28 thousand.  Further, at the end of May 2018 this value reached level of PLN 6 283,15 thousand.
   The  date comparative  are  not  available  because the  Company had started  its  operating  activities from  January 2018.

A  table  containing  estimated  additional  data,  reported  for May  2018  together  with  the  comparative  data,  can be found in an annex to the current report.

Legal basis: Article 17 paragraph 1 of the MAR  – confidential information

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The estimated operational and sales data of subsidiaries Aforti Finance S.A., Aforti Exchange S.A., Aforti Exchange Romania S.A., Aforti Collections S.A. and Aforti Factor S.A. – November 2018 CR 114/2018

The board of Aforti Holding S.A. (“the Company”, “the Issuer”) headquartered  in  Warsaw hereby  announces  to  the public  the estimated operational  and  sales  results  of  Aforti  Finance  S.A.,  Aforti  Exchange  S.A., Aforti  Exchange Romania S.A., Aforti Collections S.A. and Aforti Factor S.A. the Issuer’s subsidiaries for November 2018

1)    The estimated operational and sales results of Aforti  Finance S.A. for November 2018:
In November 2018 Aforti Finance S.A. granted 45 loans (decrease by 11.76%) with a total value of PLN 4 657.74 thousand, which is an decrease by 5.83% compared to the same month of 2017.
The value of submitted applications amounted to PLN 37 509.53 thousand and that is a result higher by 64.95% compared to the same period of the previous year. In November 2018, there were filed 321 loan  applications,  an  increase of 33.20%  compared to the same month of 2017.

Cumulatively, after eleven months of 2018, Aforti Finance SA granted 539 loans (25.35% more YoY) with total value PLN 54 680.43 thousand and it is an increase by 66.09% compared to 2017. In the period from January to the end of November 2018, there were filed 3584 loan applications with total value PLN 448 955.57 thousand. The quantity of the loans rose up by 70.34% and their total value by 169.21% in relation to the same period in the previous year.

2)    The estimated operational and sales results of Aforti Exchange S.A. for November 2018:
The currency  exchange  platform’s turnover in November 2018 reached EUR 29 562.96 thousand and was higher by  249.58% compared to the same period of the previous year. At the same time, after eleven months of the current year, the turnover reached the level of EUR 235 939.10 thousand, an increase of 206,51% year-on-year.

3)    The estimated operational and sales results of Aforti Exchange Romania S.A. for November 2018 :
The value of trading on the currency exchange platform in Romania in November 2018 amounted to EUR 10 340.59 thousand and in comparison to the same month in the previous year was higher by 49496957,51%.
At the end of November 2018, Aforti Exchange Romania S.A. recorded EUR 57 799.73 thousand EUR of the total turnover value. This value increased compared to the previous year by 2778251.51%.

4)    The total  estimated operational and sales data of Aforti Exchange for November 2018:
The total value of trading on the currency exchange platforms of Aforti Exchange operated in Poland and in Romania in November 2018 amounted to EUR 39 903.55 thousand, which in comparison to the same period in the previous year means an increase of 371.75%.

At the same time, cumulatively after the eleven months of this year the total value of turnover reached the level of EUR 293 738.83 thousand and it increased year-on-year by 281.59%

5)    The estimated operational and sales results of Aforti Collections S.A. for November 2018:
Nominal value of debt collection commissions on November 2018 reached PLN 3 745.40 thousand. This is a increase of 71.80% YoY. The number of recovery orders amounted to 1628 and was higher by 363.82% compared to November 2017. The company concluded 5 contracts in the indicated month, less by six than in the previous year.

Cumulatively, at the end of November 2018, the nominal value of the debt collection orders amounted to PLN 16 498.83 thousand, which is a decline of 29.02% year-on-year. The number of orders also decreased by 73.36% from 17 118 to 4 561. At the same time, the number of debt recovery agreements concluded after the eleven months of this year, decreased by 49.64% to 69.

6)    The estimated operational and sales results of LifeBelt Sp.  z o.o. for November 2018:
In November 2018, the nominal value of LifeBelt debt collection orders amounted to PLN 28 204.17 thousand and their number was equal to 6353. In addition, in November this year the company signed 3 new debt collection contracts.

In the period from January to the end of November 2018, the nominal value of the debt collection orders in the company’s portfolio reached the level of PLN 387 079.93 thousand. The number of collections was 83 460. In the indicated period, 6 new debt collection contracts were obtained.

The comparative data for the previous year are not available due to the fact that the company was not part of the Aforti Group.

7)    The estimated total operational and sales data of Aforti Collections S.A. and LifeBelt sp. o.o. for November 2018:
The total nominal value of the orders of Aforti Collections SA and LifeBelt sp. o.o. in November 2018 amounted to PLN 31 949.57 thousand and was higher by 1365.54% than in the corresponding period of the previous year. The total number of debt collection orders was equal to 7981 (increase by 2173.79%). In November, both companies concluded a total of 8 new debt collection agreements.

From the beginning of 2018 to the end of November, the total nominal value of debt collection orders reached PLN 403 578.76 thousand, which means an increase of 1636.33% year-on-year. At the same time, the total number of collection orders amounted to 88 021 (increase by 414.20%). In the indicated period, the companies concluded a total of 75 debt collection agreements.

The comparative data for 2017 do not include the financial data of LifeBelt sp. o.o. due to the fact that this company did not belong to the Aforti Group in that time.

8)    The estimated operational and sales results of Aforti Factor S.A. for November 2018:
In  November  2018  the  value  of  receivables  financed  by  Aforti  Factor  S.A.  amounted  to  PLN  4 670.95 thousand.  Further, at the end of November 2018 this value reached level of PLN 25 147.68 thousand.
The  date comparative  are  not  available  because the  Company had started  its  operating  activities from  January 2018.

A  table  containing  estimated  additional  data,  reported  for November  2018  together  with  the  comparative  data,  can be found in an annex to the current report.

Legal basis: Article 17 paragraph 1 of the MAR  – confidential information

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The estimated operational and sales data of subsidiaries Aforti Finance S.A., Aforti Exchange S.A., Aforti Exchange Romania S.A., Aforti Collections S.A. and Aforti Factor S.A. – September 2018 CR 96/2018

The board of Aforti Holding S.A. (“the Company”, “the Issuer”) headquartered  in  Warsaw hereby  announces  to  the public  the estimated operational  and  sales  results  of  Aforti  Finance  S.A.,  Aforti  Exchange  S.A., Aforti  Exchange Romania S.A., Aforti Collections S.A. and Aforti Factor S.A. the Issuer’s subsidiaries for September 2018

1) The estimated operational and sales results of Aforti Finance S.A. for September 2018:
In September 2018 Aforti Finance S.A. granted 43 loans (decrease by 4,88%) with a total value of PLN 4 026,55 thousand, which is an increase of 29,29% compared to the same month of 2017. The value of submitted applications amounted to PLN 33 179,31 thousand and that is a result higher by 76,48% compared to the same period of the previous year. In September 2018, there were filed 247 loan  applications,  an  increase of 15,96%  compared to the same month of 2017.

Cumulatively, after the nine months of 2018, Aforti Finance SA granted 437 loans (28,91% more YoY) with total value PLN 45 161,03 thousand and it is an increase by 91,03% compared to 2017. In the period from January to the end of September 2018, there were filed 2936 loan applications with total value PLN 373 902,00 thousand. The quantity of the loans rose up by 81,01% and their total value by 204,61% in relation to the same period in the previous year.

2) The estimated operational and sales results of Aforti Exchange S.A. for September 2018:
The currency  exchange  platform’s turnover in September 2018 reached 21 220,62 thousand EUR and was higher by 116,83% compared to the same period of the previous year. At the same time, after nine months of the current year, the turnover reached the level of 173 163,34 thousand EUR, an increase of 209,44% year-on-year.

3) The estimated operational and sales results of Aforti Exchange Romania S.A. for September 2018 :
The value of trading on the currency exchange platform in Romania in September 2018 amounted to 5 800.87 thousand EUR. At the end of September 2018, Aforti Exchange Romania S.A. recorded 34 486.03 thousand EUR of the total turnover value.

In connection with the registration the Company on June 2017, the comparative data are not available.

4) The total estimated operational and sales data of Aforti Exchange for September 2018:
The total value of trading on the currency exchange platforms of Aforti Exchange operated in Poland and in Romania in September 2018 amounted to EUR 27 021.50 thousand, which in comparison to the same period in the previous year means an increase of 176.10%.

At the same time, cumulatively after the nine months of this year the total value of turnover reached the level of EUR 207 649,37 thousand and it increased year-on-year by 271,06%

The total comparative data for 2017 include only the result generated by Aforti Exchange S.A. due to the fact that Aforti Exchange Romania S.A. was registered in June 2017.

5) The estimated operational and sales results of Aforti Collections S.A. for September 2018:
Nominal value of debt collection commissions on September 2018 reached PLN 1 176.32 thousand. This is a increase of 35.12% YoY. The number of recovery orders amounted to 697 and was higher by 106.68% compared to September 2017. The company concluded 5 contracts in the indicated month, which is a decrease by 54.44% compared to the same period in the previous year.

Cumulatively, at the end of September 2018, the nominal value of the debt collection orders amounted to PLN 11 657.88 thousand, which is a decline of 43.76% year-on-year. The number of orders also decreased by 87.22% from 16 194 to 2 070. At the same time, the number of debt recovery agreements concluded after the nine months of this year, decreased by 52.10% to 57.

6) The estimated operational and sales results of LifeBelt Sp. z o.o. for September 2018:
In September 2018, the nominal value of LifeBelt debt collection orders amounted to PLN 31 207.44 thousand and their number was equal to 7 803. In addition, in September this year the company signed 5 new debt collection contracts.
In the period from January to the end of September 2018, the nominal value of the debt collection orders in the company’s portfolio reached the level of PLN 318 285.37 thousand. The number of collections was 70 689. In the indicated period, 6 new debt collection contracts were obtained.

The comparative data for the previous year are not available due to the fact that the company was not part of the Aforti Group.

7) The estimated total operational and sales data of Aforti Collections S.A. and LifeBelt sp. z o.o. for September 2018:
The total nominal value of the orders of Aforti Collections SA and LifeBelt sp. o.o. in September 2018 amounted to PLN 32 383.76 thousand and was higher by 3619,80% than in the corresponding period of the previous year. The total number of debt collection orders was equal to 8500 (increase by 2444.91%). In September, both companies concluded a total of 10 new debt collection agreements.

From the beginning of 2018 to the end of September, the total nominal value of debt collection orders reached PLN 329 943.25 thousand, which means an increase of 1491.79% year-on-year. At the same time, the total number of collection orders amounted to 72 759 (increase by 349.30%). In the indicated period, the companies concluded a total of 63 debt collection agreements.

8) The estimated operational and sales results of Aforti Factor S.A. for September 2018:
In  September  2018  the  value  of  receivables  financed  by  Aforti  Factor  S.A.  amounted  to  PLN  2 678.69 thousand.  Further, at the end of September 2018 this value reached level of PLN 17 086.16 thousand.

The  date comparative  are  not  available  because the  Company had started  its  operating  activities from  January 2018.

A  table  containing  estimated  additional  data,  reported  for September  2018 together  with  the  comparative  data,  can be found in an annex to the current report.

Legal basis: Article 17 paragraph 1 of the MAR  – confidential information

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The estimated operational and sales data of subsidiaries Aforti Finance S.A., Aforti Finance Romania IFN S.A., Aforti Exchange S.A., Aforti Exchange Romania S.A., Aforti Collections S.A. and Aforti Factor S.A. – August 2019 CR 65/2019

The board of Aforti Holding S.A. (“the Company”, “the Issuer”) headquartered  in  Warsaw hereby  announces  to  the public  the estimated operational  and  sales  results  of  Aforti  Finance  S.A., Aforti Finance Romania IFN S.A., Aforti  Exchange  S.A., Aforti  Exchange Romania S.A., Aforti Collections S.A. and Aforti Factor S.A. the Issuer’s subsidiaries for August 2019

1) The estimated operational and sales results of Aforti Finance S.A. for August 2019:

In August 2019 Aforti Finance S.A. granted 12 loans (decrease by 74,47%) with a total value of PLN 2 110,74 thousand, which is a decrease of 58,43% compared to the same month of 2018.

The value of submitted applications amounted to PLN 18 575,92 thousand and that is a result lower by 60,18% compared to the same period of the previous year. In August 2019, there were filed 104 loan  applications, what in relation to the same month of 2018 is a reduction of 69,59%.

Cumulatively, after eight months of 2019, Aforti Finance SA granted 121 loans (69,29% less YoY) with total value PLN 18 191,07 thousand and it is a decrease by 55,78% compared to 2018. In the period from January to the end of August 2019, there were filed 1056 loan applications with total value PLN 166 298,76 thousand. The number of submitted applications was reduced by 60,73%, and their total value by 51,19% in relation to the same period in the previous year.

2) The estimated operational and sales results of Aforti Finance Romania IFN S.A. for August 2019:

In August 2019, Aforti Finance Romania IFN S.A. – an entity operating in Romania – has granted 2 loans to entrepreneurs. Its total value amounted to RON[1] 168,25 thousand. In addition, Romanian entrepreneurs submitted 11 applications last month for a total amount of RON 1 614,08 thousand.

At the same time, after eight months of this year the Company accepted 41 loan applications with a total value of RON 7 517,64 thousand. In this time were granted 7 loans with total value of RON 747,80 thousand.

On 31/10/2018, the Company obtained a license of a non-banking financial institution (IFN) allowing it to start operating activities.

3) The estimated operational and sales results of Aforti Exchange S.A. for August 2019:

The currency  exchange  platform’s turnover in August 2019 reached EUR 42 239,12 thousand and was higher by 103,1% compared to the same period of the previous year.

At the same time, after eight months of the 2019, the turnover reached the level of EUR 292 850,34 thousand, an increase of 92,74% year-on-year.

4) The estimated operational and sales results of Aforti Exchange Romania S.A. for August 2019 :

The value of trading on the currency exchange platform in Romania in August 2019 amounted to EUR 19 814,17 thousand which is an increase of 409,62% in relation to August 2018.

In the period from January to the end of August 2019, Aforti Exchange Romania S.A. recorded EUR 100 335,46 thousand of the total turnover value, which in comparison to the previous year is an increase of 249,78%.

5) The total estimated operational and sales data of Aforti Exchange for August 2019:

The total value of trading on the currency exchange platforms of Aforti Exchange operated in Poland and in Romania in August 2019 amounted to EUR 62 053,28 thousand, which in comparison to the same period in the previous year means an increase of 151,38%.

At the same time, cumulatively after eight months of 2019 the total value of turnover reached the level of EUR 393 185,80 thousand and it increased year-on-year by 117,68%.

6) The estimated operational and sales results of Aforti Collections S.A. for August 2019:

Nominal value of debt collection commissions on August 2019 reached PLN 27 709,99 thousand. This is an increase by 7723,12% YoY. The number of recovery orders amounted to 9890 and was higher by 54844,44% compared to August 2018. The company concluded 3 contracts in the indicated month (lower by 50%).

Cumulatively, after eight months of 2019, the nominal value of the debt collection orders amounted to PLN 299 904,31 thousand, which is an increase by 2761,26% year-on-year. The number of orders also increased by 4345,08%  to 61031. At the same time, the number of debt recovery agreements concluded after the eight months of 2019, decreased by 13,46% to 45.

7) The estimated operational and sales results of Aforti Factor S.A. for August 2019:

In August 2019 the value of receivables financed by Aforti Factor S.A. amounted to PLN 3 600,86 thousand and was higher 2,36% than in the previous year.

Further, after eight months current year, this value reached level of PLN 28 508,05 thousand, recording an increase of 97,87% year-on-year.

A  table  containing  estimated  additional  data,  reported  for August  2019  together  with  the  comparative  data,  can be found in an annex to the current report.

Legal basis: Article 17 paragraph 1 of the MAR  – confidential information
[1] RON = Romanian currency

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The estimated operational and sales data of subsidiaries Aforti Finance S.A., Aforti Finance Romania IFN S.A., Aforti Exchange S.A., Aforti Exchange Romania S.A., Aforti Collections S.A. and Aforti Factor S.A. – July 2019 CR 56/2019

The board of Aforti Holding S.A. (“the Company”, “the Issuer”) headquartered  in  Warsaw hereby  announces  to  the public  the estimated operational  and  sales  results  of  Aforti  Finance  S.A., Aforti Finance Romania IFN S.A., Aforti  Exchange  S.A., Aforti  Exchange Romania S.A., Aforti Collections S.A. and Aforti Factor S.A. the Issuer’s subsidiaries for July 2019

1) The estimated operational and sales results of Aforti Finance S.A. for July 2019:

In July 2019 Aforti Finance S.A. granted 13 loans (decrease by 66.67%) with a total value of PLN 2 173,13 thousand, which is a decrease of 35.73% compared to the same month of 2018. The value of submitted applications amounted to PLN 20 476,53 thousand and that is a result lower by 59.08% compared to the same period of the previous year. In July 2019, there were filed 124 loan  applications, what in relation to the same month of 2018 is a reduction of 67.11%.

Cumulatively, after seven months of 2019, Aforti Finance SA granted 109 loans (68.59% less YoY) with total value PLN 16 080,34 thousand and it is a decrease by 55.40% compared to 2018. In the period from January to the end of July 2019, there were filed 952 loan applications with total value PLN 147 722,84 thousand. The number of submitted applications was reduced by 59.44%, and their total value by 49.77% in relation to the same period in the previous year.

2) The estimated operational and sales results of Aforti Finance Romania IFN S.A. for July 2019:

In July 2019, Aforti Finance Romania IFN S.A. – an entity operating in Romania – has granted one loan to entrepreneurs. Its total value amounted to RON* 102,80 thousand. In addition, Romanian entrepreneurs submitted 16 applications last month for a total amount of RON 3 378,65 thousand.

At the same time, after seven months of this year the Company accepted 30 loan applications with a total value of RON 6 114,66 thousand. In this time were granted 5 loans with total value of RON 579,55 thousand.

On 31/10/2018, the Company obtained a license of a non-banking financial institution (IFN) allowing it to start operating activities.

3) The estimated operational and sales results of Aforti Exchange S.A. for July 2019:

The currency  exchange  platform’s turnover in July 2019 reached EUR 36 871,05 thousand and was higher by 93.71% compared to the same period of the previous year.

At the same time, after seven months of the 2019, the turnover reached the level of EUR 250 611,22 thousand, an increase of 91.09% year-on-year.

4) The estimated operational and sales results of Aforti Exchange Romania S.A. for July 2019:

The value of trading on the currency exchange platform in Romania in July 2019 amounted to EUR 17 832,17 thousand which is an increase of 251.69% in relation to July 2018.

In the period from January to the end of July 2019, Aforti Exchange Romania S.A. recorded EUR 80 521,30 thousand of the total turnover value, which in comparison to the previous year is an increase of 224.72%.

5) The total estimated operational and sales data of Aforti Exchange for July 2019:

The total value of trading on the currency exchange platforms of Aforti Exchange operated in Poland and in Romania in July 2019 amounted to EUR 54 703,23 thousand, which in comparison to the same period in the previous year means an increase of 126.94%.

At the same time, cumulatively after seven months of 2019 the total value of turnover reached the level of EUR 331 942,54 thousand and it increased year-on-year by 112.34%

6) The estimated operational and sales results of Aforti Collections S.A. for July 2019:

Nominal value of debt collection commissions on July 2019 reached PLN 31 595,00 thousand. This is an increase by 6820.88% YoY. The number of recovery orders amounted to 8 866 and was higher by 110725.00% compared to July 2018. The company concluded seven contracts in the indicated month (higher by 75.00%).

Cumulatively, after seven months of 2019, the nominal value of the debt collection orders amounted to PLN 272 123,11 thousand, which is an increase by 2587,01% year-on-year. The number of orders also increased by 3674.02%  to 51 138. At the same time, the number of debt recovery agreements concluded after the seven months of 2019, decreased by 8.70% to 42.

7) The estimated operational and sales results of Aforti Factor S.A. for July 2019:

In July 2019 the value of receivables financed by Aforti Factor S.A. amounted to PLN 4 020,65 thousand and was higher 88.73% than in the previous year.

Further, after seven months current year, this value reached level of PLN 24 907,18 thousand, recording an increase of 128.72% year-on-year.

A  table  containing  estimated  additional  data,  reported  for July  2018  together  with  the  comparative  data,  can be found in an annex to the current report.

Legal basis: Article 17 paragraph 1 of the MAR  – confidential information

*RON = Romanian currency

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