Current reports

The Management Board of Apator SA hereby announces that on 15 September 2025, the District Court in Toruń, 7th Commercial Division of the National Court Register, registered amendments to the Articles of Association of Apator SA.

The amendments to the Articles of Association were made pursuant to Resolution No. 32/VI/2025 of the Ordinary General Meeting of Shareholders of Apator SA of 25 June 2025 and relate to changes in the scope of business activities (PKD), resulting from alignment with the new Regulation of the Council of Ministers of 18 December 2024 on the Polish Classification of Activities (PKD). The remaining registered amendments to the Articles of Association are of an administrative nature.

The Issuer hereby submits the following:

• the text of the new provisions of the Articles of Association,
• the consolidated text of the Articles of Association adopted by Resolution No. 33/VI/2025 of the Ordinary General Meeting of Shareholders of Apator SA of 25 June 2025.

The Management Board of Apator SA announces that its subsidiary, Apator Powogaz SA, has entered into a framework agreement for the supply of ultrasonic water meters with remote data reading capability within the city of Riga (Latvia). The maximum value of the contract is EUR 4.7 million, i.e. approx. PLN 20 million (based on the average exchange rate of the National Bank of Poland of EUR 1 = PLN 4.26 as at 3 September 2025). The contract term is a maximum of 5 years, with the possibility of shortening the supply period should the contract value be exhausted.

The contract was concluded with SIA “Rigas namu parvaldnieks” (“SIA”) – one of the largest Latvian property management companies in the Baltic States.

Under the terms of the contract, SIA is not obliged to place an order for the entire subject matter of the contract, but may purchase additional water meters not covered by the contract, the value of which shall not exceed 20% of the contract value. The contract will be performed in accordance with Latvian law and includes provisions regarding contractual penalties for late deliveries, whilst the warranty period is 6 years.

The contract has been classified as confidential information due to its significant value for the Water and Heat Segment, which offers the opportunity for long-term cooperation with a foreign partner, thereby opening up a new sales channel. At the same time, it creates the opportunity to obtain valuable references that may support further sales policy initiatives.

Further to Current Report No. 40/2025 of 3 September 2025, the Management Board of Apator SA hereby announces that it has received a correction to the notification made pursuant to Article 19(1) of the MAR Regulation from Tadeusz Sosgórnik, a member of the Supervisory Board. The amendment to the notification concerns an obvious clerical error regarding the total number of shares sold on 1 September 2025. Therefore, the total number of bearer shares in Apator SA sold by Mr Tadeusz Sosgórnik between 29 August 2025 and 2 September 2025 amounts to 27,000 shares.

Please find the correct text of the notification attached.

The Management Board of Apator SA hereby announces that it has received notifications pursuant to Article 19(1) of the MAR Regulation from members of the Supervisory Board – Janusz Marzygliński and Tadeusz Sosgórnik – and a person closely associated with him, namely Stella AMP Family Foundation (in the process of being established). The notifications relate to transactions in registered and bearer shares of Apator SA carried out between 29 August 2025 and 2 September 2025.

Attached is the full text of the notifications:
- from Janusz Marzygliński regarding the sale of 20,000 registered shares in Apator SA,
- from Tadeusz Sosgórnik regarding the sale of 26,800 bearer shares in Apator SA,
- from Stella AMP Family Foundation (in the process of being established) regarding the acquisition of 20,000 registered shares and 10,000 bearer shares in Apator SA.

The Management Board of Apator S.A. hereby announces that, acting pursuant to the authorisation granted by Resolution No. 36/VI/2025 of the Ordinary General Meeting of Shareholders of Apator S.A. of 25 June 2025 concerning the share buy-back programme for the purpose of their cancellation and reduction of the share capital, and the establishment of a share cancellation fund intended to finance the share buy-back programme (“Programme”), adopted a resolution of the Management Board on the commencement of the Programme.

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

The implementation of the share buyback programme will comply with the relevant provisions of Polish law and European Union law, as well as with the rules set out in Resolution No. 36/VI/2025 of the Company’s general meeting of shareholders, pursuant to which:

- the maximum number of own shares to be acquired under the Programme is 500,000 shares, representing 1.53% of the share capital of Apator S.A.,
- the Programme will run until 30 April 2026,
- the unit price per Apator S.A. share acquired under the Programme may not exceed PLN 22.00.
- the funds allocated for the implementation of the Programme may not exceed the amount of the Share Redemption Fund, i.e. PLN 10,000,000.00,

- under the Programme, Apator S.A. may not acquire shares at a price higher than the price of the last independent transaction or, if higher, the highest current independent bid in the trading system in which the purchase is made, including in cases where the shares are traded in different trading systems,

- Apator S.A. may not acquire, on any trading day, more than 25% of the average daily trading size of the shares in the trading system in which the purchase is made. The average daily size is based on the average daily trading size over the last 20 trading days preceding the date of acquisition of the shares.

The remaining terms and conditions for the share buyback are set out in the Programme adopted by the General Meeting of Shareholders, which forms an annex to this report.

Legal basis: Article 2(1) 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 buy-back programmes and stabilisation measures, in conjunction with Article 5 of Regulation (EU) No 596/2014 of the European Parliament and of the Council (EU) No 596/2014 of 16 April 2014 on market abuse (Market Abuse Regulation) 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

Further to Current Report No. 4/2025, the Management Board of Apator S.A. announces that on 8 August 2025 it entered into an Annex to the Agreement on the Establishment of an Innovation Partnership with Enea Operator sp. z o.o. ("the Client") an Annex to the Agreement on the establishment of an innovation partnership, enabling the acceleration and increase in the volume of planned deliveries of 1- and 3-phase remote reading meters ("LZO") under the so-called first Call for Tenders.

Under the signed annex, Apator S.A. will carry out additional deliveries of RRM meters worth PLN 96.6 million. Consequently, the total value of deliveries to be carried out between December 2025 and December 2027 will amount to PLN 158.9 million.

Additionally, the Annex provides for the possibility of early completion of Phase II and Phase III, as well as the acceleration of deliveries under Phase IV. Apator S.A. is currently carrying out Phase II of the contract, which involves research and development work to achieve the features required by the Client.

The remaining terms of the Agreement remain unchanged.

The Management Board of Apator S.A. announces that Apator S.A.’s bid has been selected as the most advantageous for Lot 1 in the tender procedure launched by Energa - Operator S.A. for the “Gradual supply of remote-reading meters together with backup communication modems”.

The total value of this bid is PLN 127 million, of which the value of the main contract is PLN 123.5 million.
Deliveries will be made within 36 months of the date of contract conclusion.

Participants in the tender procedure have the right to appeal against the tender results in accordance with the rules of Energa - Operator S.A. The contract is expected to be concluded following the conclusion of any appeal proceedings.

The Issuer will announce the conclusion of the contract in a separate current report

The Management Board of Apator SA hereby announces that it has received a notification, pursuant to Article 19(1) of the MAR Regulation, from Janusz Marzygliński, a member of the Supervisory Board, regarding a transaction involving bearer shares of Apator SA carried out on 24 July 2025.

The full text of the notification is attached

The Management Board of Apator SA hereby announces that it has received a notification pursuant to Article 19(1) of the MAR Regulation from Janusz Marzygliński, a member of the Supervisory Board, regarding transactions in bearer shares of Apator SA carried out between
18 July 2025 – 22 July 2025

The full text of the notification is attached.

The Management Board of Apator SA hereby announces that it has received notifications pursuant to Article 19(1) of the MAR Regulation from a member of the Supervisory Board, Tadeusz Sosgórnik, and a person closely associated with him, namely Lexon sp. z o.o. The notifications relate to transactions in registered and bearer shares of Apator SA carried out between 4 July 2025 and 7 July 2025.

Attached is the full text of the notifications:
- from Tadeusz Sosgórnik,
- from Lexon sp. z o.o.