RB ESPI 22/2024 Decision on securing

The Management Board of AFORTI Holding S.A. in restructuring with its registered office in Warsaw (hereinafter referred to as the “Company”) hereby notifies that on October 14, 2024, it became aware of the decision of the District Court for the Capital City of Warsaw in Warsaw, 18th Commercial Division, of October 14, 2024 regarding a change in the method of securing the Company’s assets, in such a way that instead of appointing a temporary court supervisor, a compulsory administration was established over all assets. The function of the administrator was entrusted to Mr. Marcin Kubiczek (license number 244). The Company is analyzing the impact of the security on the Company’s situation.

The Company is conducting legal analyses related to the possibility of repealing the decision. On September 14, 2024, the Company filed an application for approval of the arrangement in the initiated restructuring proceedings. A significant part of the creditors voted in favor of the arrangement, in the amount of 83% in quantitative terms. The Company is conducting intensive work to implement the arrangement assumptions. In accordance with the content of art. 12 sec. 2 first sentence of the Restructuring Law, the bankruptcy court suspends the consideration of the bankruptcy application until a final judgment is issued on the restructuring application. In the Company’s opinion, the court’s decision is premature and unjustified, because it is against the public interest – the majority of the Company’s creditors voted in favor of the arrangement.

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

Klaudiusz Sytek
President of the Management Board

REPORT

RB ESPI 21/2024 Announcement on the arrangement date of the subsidiary Aforti Factor Group S.A.

On October 11, 2024, the Management Board of AFORTI Holding S.A. in restructuring with its registered office in Warsaw (hereinafter referred to as the “Company”) received information from the Management Board of Aforti Factor Group S.A. with its registered office in Warsaw (hereinafter referred to as the “subsidiary”) that Mr. Paweł Lewandowski – the arrangement supervisor in the restructuring proceedings (arrangement approval proceedings) of the subsidiary, pursuant to Article 226a section 1 of the Restructuring Law, made an announcement in the National Register of Debtors about setting the arrangement date at October 11, 2024.

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

Klaudiusz Sytek
President of the Management Board

REPORT

RB ESPI 20/2024 Disclosure of delayed confidential information

The Management Board of AFORTI Holding S.A. w restrukturyzacji (in restructuring) with its registered office in Warsaw (hereinafter referred to as the “Company” or “Issuer”), acting under Article 17 paragraph 1 in conjunction with Article 17 paragraph 4 of Regulation (EU) No 596/2014 of the European Parliament and of the Council of 16 April 2014 on market abuse and repealing Directive 2003/6/EC of the European Parliament and of the Council and Commission Directives 2003/124/EC, 2003/125/EC and 2004/72/EC (“MAR Regulation”), hereby makes public the content of the delayed inside information, the provision of which was delayed on 16 September 2024 and on 25 September 2024.

Content of confidential information whose publication has been delayed:

The Management Board of AFORTI Holding S.A. in restructuring with its registered office in Warsaw (hereinafter referred to as the “Company”) hereby informs that on September 16, 2024, it became aware of the conclusion by the subsidiary Aforti Factor Group S.A. (hereinafter referred to as the “subsidiary”) with Mr. Paweł Lewandowski, who holds a restructuring advisor license no. 735 and the title of qualified restructuring advisor, of an agreement dated September 16, 2024 to supervise the course of the proceedings for approval of the subsidiary’s arrangement pursuant to the Act of May 15, 2015 – Restructuring Law. The agreement was concluded for the purpose of conducting restructuring proceedings in the subsidiary in the form of proceedings for approval of the arrangement. In addition, on September 25, 2024, the Management Board of the Company became aware of the appointment of a temporary court supervisor for the subsidiary, Mr. Jan Hambura, license number 1325. On September 25, 2024, the subsidiary received a letter from the temporary court supervisor.

Reasons for delaying the publication of confidential information:

In the Management Board’s opinion, the delay in providing the above information met the conditions specified in the MAR Regulation at the time the decision on the delay was made.

The Management Board indicates that the conclusion of an agreement on supervision over the course of the proceedings for approval of the arrangement of the subsidiary pursuant to the Act of 15 May 2015 – Restructuring Law was not tantamount to opening the restructuring proceedings. Financial and legal analyses were ongoing and the possibility remained real that the subsidiary would resign from conducting the restructuring. Therefore, premature disclosure of delayed confidential information at the stage of its classification would be misleading and would be detrimental to the Company. The Issuer and the subsidiary decided to announce the arrangement date due to the initiated restructuring process of the Issuer and due to the introduction of a two-pillar strategy in the group, consisting in focusing the activity on two operating lines. In the remaining scope, the Issuer’s restructuring plan assumes reducing to a minimum the operating activity of the corporate finance division and limiting it to the collection of own receivables. As part of this strategy, it is necessary to restructure the subsidiary. As regards the appointment of a temporary court supervisor for the subsidiary, the Issuer indicates that it has refrained from publishing this information due to ongoing legal analyses to determine the impact of the established supervision on the initiated and planned restructuring process of the subsidiary.

Disclosure of this confidential information is due to the impossibility of further ensuring its confidentiality due to the announcement of the arrangement date of the subsidiary.

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

Klaudiusz Sytek
President of the Management Board

REPORT

RB ESPI 19/2024 The estimated operating and sales data for the AFORTI Capital Group – September 2024

The Management Board of AFORTI Holding S.A. based in Warsaw (hereinafter: “Company”, “Issuer”) hereby publishes the estimated operating and sales figures of the AFORTI Capital Group for September 2024.

1) Currency exchange on online platforms
The trading value on the currency exchange platform in September 2024 amounted to approximately PLN 41,58 million and was 76,71% lower compared to the same period of the previous year.

On a cumulative basis, after a nine months of 2024, the total value of trading on the foreign exchange platform reached approximately PLN 822,83 million, representing a year-on-year decrease of 73,63%.

2) Recovery orders
The nominal value of recovery orders in September 2024 amounted to approximately PLN 28,92 million and was 19,93% lower year-on-year.

On a cumulative basis, after the nine months of 2024, the nominal value of collection orders reached approximately PLN 288,48 million, registering a year-on-year decrease of 66.71%.

3) Total sales
In September 2024, total sales in the AFORTI Group amounted to approximately EUR 16.81 million, down 67.31% year-on-year.

On a cumulative basis, after the nine months of 2024, the total value of sales in the AFORTI Group reached approximately EUR 265,21 million, an decrease of 72,17% year-on-year.

4) Total number of customers
In September 2024, the total number of customers in the AFORTI Group was 7.684 and was 1.15% higher than in the same period of the previous year.

A table containing the reported estimates for September 2024 together with comparative data is attached to this current report.

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

Klaudiusz Sytek
President of the Management Board

REPORT

RB EBI 19/2024 Change of the date of publication of the Annual Report for 2022 and 2023

Management Board of Aforti Holding S.A. in restructuring based in Warsaw (“Company”) informs about changing the date of publication of the Company’s annual report for 2022 and 2023.

In accordance with the Company’s EBI current report No. 16/2024 of June 27, 2024, the date of publication of the Company’s annual report for 2022 and 2023 was declared as September 30, 2024.

The Management Board of the Company, in current report EBI No. 26/2023 of November 3, 2023, informed about the conclusion of an agreement to audit the separate and consolidated financial statements of the Company for 2022 and 2023. The audit of the financial statements for 2022 and 2023 will not be completed before September 30, 2024 year.

In this situation, the Company’s Management Board informs that it is changing the date of publication of the Company’s annual report for 2022 and 2023 and indicates November 29, 2024 as the new date for publication of the annual report for 2022 and 2023, and this date is currently indicated as a new date as part of the change. schedule.

Legal basis: § 6 section 14.2 of Appendix No. 3 to the Regulations of the Alternative Trading System “Current and Periodic Information provided in the Alternative Trading System on the NewConnect market”.

Klaudiusz Sytek
President of the Management Board

REPORT