The Management Board of Apator S.A. announces that it has decided to liquidate FAP PAFAL S.A. with its registered office in Świdnica and, therefore, recommends that the General Meeting of Apator S.A. repeal the resolution on the merger of Apator S.A. with FAP PAFAL S.A.

This decision was made in connection with the current business situation of FAP PAFAL S.A., including the loss of its source of revenue, resulting in a lack of market prospects for further development and coverage of its operating costs. After conducting detailed analyses, the Management Board decided that liquidation of this company is a more rational and commercially justified solution than the planned merger with Apator S.A. This solution will allow for cost optimisation and concentration of activities on other projects within the Group. The revenues generated by FAP PAFAL S.A. accounted for less than 2% of the Apator Group's revenues in 2024.

On 16 September 2025, the Supervisory Board issued a positive opinion on the Management Board's recommendation.

In connection with the above, the Management Board plans to convene an Extraordinary General Meeting of Apator S.A. in October 2025.