The Executive Board of Apator S.A. announces that acting based on the authorisation resulting from the Resolution no. 23/VI/2021 of the Ordinary General Shareholders Meeting of Apator S.A. dated 29th June 2021 regarding the Programme for buy-back of own shares for their redemption and reduction of share capital and establishment of the Fund for redemption of shares to be used for financing of the Programme for buy-back of own shares ("the Programme"), adopted the resolution on 24th November 2021 regarding the commencement of the performance of the Programme.

The share buyback will be carried out through Erste Securities Polska S.A. with its registered office in Warsaw.

Implementation of the Share Buyback Programme will be in compliance with the applicable provisions of Polish and European Union law, as well as with the principles set out in Resolution No. 23/VI/2021 of the Ordinary General Meeting of the Company, according to which:

• under the performed programme, Apator S.A. cannot purchase shares at the price higher than the price of the last independent transaction or if it is higher - the highest current independent purchase offer in the trading system where the purchase is performed,
• Apator S.A. cannot purchase for each trading day more than 25% of average daily volume of trading in shares in the trading system where the purchase is made. The average daily volume is based on the average daily volume traded in the last 20 trading days preceding the day of purchase of shares,
• maximum number of own shares to be purchased under the Programme is 333,333 shares, it is 1.02% of share capital of Apator S.A.

Other conditions for the implementation of the share buyback are included in the Programme adopted by the AGM, which is attached to this report.