Further to Current Report No. 30/2021 dated 27 July 2021, the Management Board of Apator SA announces that its subsidiary, Apator Metrix SA, has entered into an agreement with Landis+Gyr for the supply of smart gas meters as part of a large-scale roll-out of smart meters in Belgium.

The tender announced by Belgian distribution network operators (Fluvius, ORES, RESA and Sibelga), which was won by Landis+Gyr (Belgium), concerns a comprehensive ‘Data-as-a-Service’ (DaaS), consisting of a central master system and smart utility meters.

Consequently, Apator Metrix SA, as a partner of Landis+Gyr under the contract resulting from the aforementioned tender, will supply between 2023 – 2031, approximately 1 million iSMART2 smart gas meters worth approximately EUR 65 million (i.e. approximately PLN 300 million, according to the average exchange rate of the National Bank of Poland as at 11 April 2022, 1 EUR = PLN 4.6451).

The terms of the contract concluded with Landis+Gyr, including provisions regarding responsibility, obligations and guarantees, do not deviate from market conditions applicable in this type of tender within the EU.

This project represents the largest comprehensive multi-energy solution currently being implemented in Europe. The iSMART2 gas meters covered by the contract are a new generation of smart gas meters, designed by Polish engineers and manufactured at the Apator Metrix production facility in Tczew using advanced robotization and automation of production processes. iSMART2 combines a new-generation electronic counter with a reliable bellows-type gas meter, offering a wide range of features, including remote, encrypted bidirectional communication, an integrated gas shut-off valve, a graphical user interface and the ability to update the software remotely.

Apator Metrix SA is one of the largest manufacturers and suppliers of high-end gas meters in Poland and Europe. Together with its subsidiaries, it forms one of the three business pillars of the Apator Group – the Gas segment. The company has maintained a strong position in export markets for years, generating over 70% of its revenue from exports and supplying its solutions to countries including the United Kingdom, Belgium, the Netherlands and Germany. The company’s track record includes nearly 22 million domestic gas meters and 340,000 industrial gas meters in operation across many regions of the world. Apator Metrix employs around 500 skilled staff and manufactures approximately 2 million gas meters annually at its modern, automated production facility. The company’s product range includes residential and industrial gas meters, both smart gas meters with remote reading and traditional, mechanical ones.

Legal basis: Article 17 of the Market Abuse Regulation (MAR)

The Management Board of Apator SA (the “Issuer”) hereby announces that, acting within the scope of the authorisation granted by Resolution No. 23/VI/2021 of the General Meeting of Shareholders of Apator SA held on 29 June 2021, the Issuer, between 28 March and 6 April 2022 during trading sessions on the Main Market of the Warsaw Stock Exchange, acquired:

• on 28 March 2022, 2,400 own shares with a nominal value of PLN 0.10 each, at an average unit price of PLN 18.84 per share, in transactions representing a total of 0.0073% of the share capital and 0.0044% of the votes at the general meeting of shareholders,
• on 30 March 2022, 2,500 own shares with a nominal value of PLN 0.10 each, at an average unit price of PLN 18.60 per share, in transactions representing a total of 0.0076% of the share capital and 0.0046% of the votes at the general meeting of shareholders,
• on 6 April 2022, 2,700 own shares with a nominal value of PLN 0.10 each, at an average unit price of PLN 18.70 per share, in transactions representing a total of 0.0082% of the share capital and 0.0049% of the votes at the general meeting of shareholders.

On 29 and 31 March and 1, 4 and 5 April 2022, the Issuer did not carry out any transactions.

The transactions were executed through Erste Securities Polska SA.

As a result of the above transactions, the Issuer acquired 7,600 own shares, representing 0.0232% of the share capital and conferring the right to 7,600 votes at the general meeting of shareholders, which constitutes 0.0139% of the total number of votes.

In total, since the start of the share buyback, the Issuer has acquired 87,334 own shares, representing 0.2664% of the share capital and conferring the right to 87,334 votes at the general meeting of shareholders, which constitutes 0.1594% of the total number of votes.

Detailed legal basis:

Article 2(3) of Commission Delegated Regulation (EU) 2016/1052 of 8 March 2016 supplementing Regulation (EU) No 596/2014 of the European Parliament and of the Council with regard to regulatory technical standards concerning the application of the conditions to buy-back programmes and stabilisation measures.

The Management Board of Apator SA hereby announces that it has received notification from parties closely associated (namely Technoplics Limited and Lexon sp. z o.o.) with Tadeusz Sosgórnik, a member of the Supervisory Board of Apator SA, regarding the following transaction:

• the purchase and sale of 100,000 shares in Apator SA as part of a block trade between Technoplics Limited (the seller) and Lexon sp. z o.o. (the buyer) on 1 April 2022,
• the sale of 26,136 shares in Apator SA by Technoplics Limited between 31 March 2022 and 4 April 2022.

Please find the full text of the notifications attached.

The Management Board of Apator SA (the “Issuer”) hereby announces that, acting within the scope of the authorisation granted by Resolution No. 23/VI/2021 of the General Meeting of Shareholders of Apator SA held on 29 June 2021, the Issuer acquired, between 15 and 24 March 2022 during trading sessions on the main market of the Warsaw Stock Exchange:

• on 15 March 2022, 2,500 own shares with a nominal value of PLN 0.10 each, at an average unit price of PLN 18.90 per share, in transactions representing a total of 0.0076% of the share capital and 0.0046% of the votes at the general meeting of shareholders,
• on 17 March 2022, 2,600 own shares with a nominal value of PLN 0.10 each, at an average unit price of PLN 18.75 per share, in transactions representing a total of 0.0079% of the share capital and 0.0047% of the votes at the general meeting of shareholders,
• on 21 March 2022, 2,700 treasury shares with a nominal value of PLN 0.10 each, at an average unit price of PLN 18.90 per share, in transactions representing a total of 0.0082% of the share capital and 0.0049% of the votes at the general meeting of shareholders,
• on 23 March 2022, 2,800 own shares with a nominal value of PLN 0.10 each, at an average unit price of PLN 18.55 per share, in transactions representing a total of 0.0085% of the share capital and 0.0051% of the votes at the general meeting of shareholders.

On 16, 18, 22 and 24 March 2022, the Issuer did not carry out any transactions.

The transactions were executed through Erste Securities Polska SA.

As a result of the above transactions, the Issuer acquired 10,600 of its own shares, representing 0.0323% of the share capital and conferring the right to 10,600 votes at the general meeting of shareholders, which constitutes 0.0193% of the total number of votes.

In total, since the start of the share buyback, the Issuer has acquired 79,734 own shares, representing 0.2433% of the share capital and conferring the right to 79,734 votes at the general meeting of shareholders, which constitutes 0.1455% of the total number of votes.

Detailed legal basis:

Article 2(3) of Commission Delegated Regulation (EU) 2016/1052 of 8 March 2016 supplementing Regulation (EU) No 596/2014 of the European Parliament and of the Council with regard to regulatory technical standards on the application of the conditions to buy-back programmes and stabilisation measures.

The Management Board of Apator SA (the “Issuer”) hereby announces that, acting within the scope of the authorisation granted by Resolution No. 23/VI/2021 of the General Meeting of Shareholders of Apator SA held on 29 June 2021, the Issuer, during trading sessions on the main market of the Warsaw Stock Exchange between 2 and 11 March 2022, acquired:

• on 2 March 2022, 102 own shares with a nominal value of PLN 0.10 each, at an average unit price of PLN 18.95 per share, in transactions representing a total of 0.0003% of the share capital and 0.0002% of the votes at the general meeting of shareholders,
• on 3 March 2022, 2,400 own shares with a nominal value of PLN 0.10 each, at an average unit price of PLN 18.85 per share, in transactions representing a total of 0.0073% of the share capital and 0.0044% of the votes at the general meeting of shareholders,
• on 4 March 2022, 2,400 own shares with a nominal value of PLN 0.10 each, at an average unit price of PLN 18.88 per share, in transactions representing a total of 0.0073% of the share capital and 0.0044% of the votes at the general meeting of shareholders,
• on 7 March 2022, 2,200 own shares with a nominal value of PLN 0.10 each, at an average unit price of PLN 18.65 per share, in transactions representing a total of 0.0067% of the share capital and 0.0040% of the votes at the general meeting of shareholders,
• on 9 March 2022, 2,400 treasury shares with a nominal value of PLN 0.10 each, at an average unit price of PLN 18.80 per share, in transactions representing a total of 0.0073% of the share capital and 0.0044% of the votes at the general meeting of shareholders,
• on 10 March 2022, 2,400 own shares with a nominal value of PLN 0.10 each, at an average unit price of PLN 18.80 per share, in transactions representing a total of 0.0073% of the share capital and 0.0044% of the votes at the general meeting of shareholders.

On 8 and 11 March 2022, the Issuer did not carry out any transactions.

The transactions were executed through Erste Securities Polska SA.

As a result of the above transactions, the Issuer acquired 11,800 treasury shares, representing 0.0360% of the share capital and conferring the right to 11,800 votes at the general meeting of shareholders, which constitutes 0.0215% of the total number of votes.

In total, since the start of the share buyback, the Issuer has acquired 69,134 own shares, representing 0.2109% of the share capital and conferring the right to 69,134 votes at the general meeting of shareholders, which constitutes 0.1262% of the total number of votes.

Detailed legal basis:

Article 2(3) of Commission Delegated Regulation (EU) 2016/1052 of 8 March 2016 supplementing Regulation (EU) No 596/2014 of the European Parliament and of the Council with regard to regulatory technical standards concerning the application of the conditions to buy-back programmes and stabilisation measures.

Further to Current Report No. 58/2020, the Management Board of Apator SA hereby announces that on 9 March 2022, Apator Powogaz SA entered into a final agreement for the purchase of a property, including a newly constructed production facility in Jaryszki (Kórnik municipality, Poznań county), to which the company’s operations will be relocated.

The final total value of the Agreement is PLN 52.3 million net, including:

• PLN 6.4 million net as the price for the land being acquired,
• PLN 45.9 million net as remuneration for the design, construction and transfer of ownership of the production hall together with the office section, as well as for the transfer of copyright and related rights to the design.

The transfer of the property to Apator Powogaz SA will take place no later than 16 March 2022.

The agreement contains provisions regarding:

• a contractual penalty in favour of Apator Powogaz in the event of a delay in the handover of the property,
• warranties and guarantees relating to the production facility.

The provisions listed above and the other provisions contained in the Agreement do not deviate from the terms and conditions commonly used in agreements of this type.

The relocation of Apator Powogaz (the production facility and the office and staff facilities) is a key factor influencing the development and future performance of the Water and Heat segment. The transfer of the company’s manufacturing operations to a modern factory will enable further automation of production processes, the implementation of the highest product quality standards, and a significant increase in efficiency and production capacity. The scale of production for the company’s largest product group – water meters – is set to reach 4 million units per year by 2025, representing an increase of approximately 40% compared to 2021. Volumes in the other product groups will also rise significantly.

Legal basis: Article 17(1) – MAR Regulation

The Management Board of Apator SA announces that it has received notification from Mariusz Lewicki, Deputy Chairman of the Supervisory Board of Apator SA, regarding the acquisition of 2,000 bearer shares in Apator SA on 1 March 2022.

The full text of the notification is attached.

The Management Board of Apator SA (the “Issuer”) hereby announces that, acting within the scope of the authorisation granted by Resolution No. 23/VI/2021 of the General Meeting of Shareholders of Apator SA held on 29 June 2021, the Issuer, during trading sessions on the main market of the Warsaw Stock Exchange between 15 and 25 February 2022, acquired:

• on 15 February 2022, 2,074 own shares with a nominal value of PLN 0.10 each, at an average unit price of PLN 19.40 per share, in transactions representing a total of 0.0063% of the share capital and 0.0038% of the votes at the general meeting of shareholders,
• on 16 February 2022, 2,400 own shares with a nominal value of PLN 0.10 each, at an average unit price of PLN 19.50 per share, in transactions representing a total of 0.0073% of the share capital and 0.0044% of the votes at the general meeting of shareholders,
• on 17 February 2022, 2,400 own shares with a nominal value of PLN 0.10 each, at an average unit price of PLN 19.55 per share, in transactions representing a total of 0.0073% of the share capital and 0.0044% of the votes at the general meeting of shareholders,
• on 23 February 2022, 2,000 treasury shares with a nominal value of PLN 0.10 each, at an average unit price of PLN 19.40 per share, in transactions representing a total of 0.0061% of the share capital and 0.0037% of the votes at the general meeting of shareholders,
• on 24 February 2022, 1,500 own shares with a nominal value of PLN 0.10 each, at an average unit price of PLN 17.60 per share, in transactions representing a total of 0.0046% of the share capital and 0.0027% of the votes at the general meeting of shareholders,
• on 25 February 2022, 958 treasury shares with a nominal value of PLN 0.10 each, at an average price of PLN 18.90 per share, in transactions representing a total of 0.0029% of the share capital and 0.0017% of the votes at the general meeting of shareholders.

On 18, 21 and 22 February 2022, the Issuer did not carry out any transactions.

The transactions were executed through Erste Securities Polska SA.

As a result of the above transactions, the Issuer acquired 11,332 treasury shares, representing 0.0346% of the share capital and conferring the right to 11,332 votes at the general meeting of shareholders, which constitutes 0.0207% of the total number of votes.

In total, since the start of the share buyback, the Issuer has acquired 57,232 own shares, representing 0.1746% of the share capital and conferring the right to 57,232 votes at the Company’s general meeting of shareholders, which constitutes 0.1045% of the total number of votes.

Specific legal basis:

Article 2(3) of Commission Delegated Regulation (EU) 2016/1052 of 8 March 2016 supplementing Regulation (EU) No 596/2014 of the European Parliament and of the Council with regard to regulatory technical standards concerning the application of the conditions to buy-back programmes and stabilisation measures.

Further to Current Report No. 8/2022, the Management Board of Apator SA hereby announces that on 24 February 2022, the company entered into an agreement with Enea Operator sp. z o.o. for the supply of static electricity meters complete with a GSM communication module.

The value of the contract is PLN 23 million; however, the terms of the contract provide for an option allowing Enea Operator sp. z o.o. to double the contract value. Consequently, the potential maximum value of the contract may amount to PLN 46 million.

Deliveries will be made within 24 months of the date of signing the contract.

The remaining terms of the contract do not differ from those commonly applied to contracts of this type.

Legal basis: Article 17(1) – MAR Regulation

The Management Board of Apator SA (the “Issuer”) hereby announces that, acting within the scope of the authorisation granted by Resolution No. 23/VI/2021 of the General Meeting of Shareholders of Apator SA held on 29 June 2021, the Issuer, between 1 and 10 February 2022 during trading sessions on the main market of the Warsaw Stock Exchange, acquired:

• on 1 February 2022, 1,296 own shares with a nominal value of PLN 0.10 each, at an average unit price of PLN 19.26 per share, in transactions representing a total of 0.0040% of the share capital and 0.0024% of the votes at the general meeting of shareholders,
• on 2 February 2022, 1,304 treasury shares with a nominal value of PLN 0.10 each, at an average unit price of PLN 19.20 per share, in transactions representing a total of 0.0040% of the share capital and 0.0024% of the votes at the general meeting of shareholders,
• on 4 February 2022, 2,600 own shares with a nominal value of PLN 0.10 each, at an average unit price of PLN 19.10 per share, in transactions representing a total of 0.0079% of the share capital and 0.0047% of the votes at the general meeting of shareholders,
• on 9 February 2022, 2,500 own shares with a nominal value of PLN 0.10 each, at an average unit price of PLN 19.35 per share, in transactions representing a total of 0.0076% of the share capital and 0.0046% of the votes at the general meeting of shareholders.

On 3, 7, 8 and 10 February 2022, the Issuer did not carry out any transactions.

The transactions were executed through Erste Securities Polska SA.

As a result of the above transactions, the Issuer acquired 7,700 of its own shares, representing 0.0235% of the share capital and conferring the right to 7,700 votes at the general meeting of shareholders, which constitutes 0.0141% of the total number of votes.

In total, since the start of the share buyback, the Issuer has acquired 45,900 own shares, representing 0.1400% of the share capital and conferring the right to 45,900 votes at the general meeting of shareholders, which represents 0.0838% of the total number of votes.

Attached, the Issuer provides a list of detailed data on share buyback transactions carried out between 1 and 10 February 2022.

Specific legal basis:

Article 2(3) of Commission Delegated Regulation (EU) 2016/1052 of 8 March 2016 supplementing Regulation (EU) No 596/2014 of the European Parliament and of the Council with regard to regulatory technical standards on the application of the conditions to buy-back programmes and stabilisation measures.