Current reports

The Management Board of Apator SA hereby announces that the following shareholders held at least 5% of the voting rights at the Ordinary General Meeting of Shareholders of Apator SA held on 25 June 2025:

1) Tadeusz Sosgórnik, together with the subsidiary STELLA AMP Family Foundation (in the process of being established), holding jointly at this AGM 1,799,000 shares entitling them to cast 6,614,000 votes, representing 18.37% of all votes at that meeting and 12.11% of the total number of votes,

2) Mariusz Lewicki, holding 2,340,000 shares at this AGM, entitling him to cast 5,902,128 votes, representing 16.40% of all votes at this meeting and 10.80% of the total number of votes,

3) PTE Allianz Polska S.A. (Allianz Polska Open Pension Fund and Allianz Polska Voluntary Pension Fund), holding 4,545,864 shares at this AGM, entitling them to cast 4,545,864 votes, representing 12.63% of all votes at this meeting and 8.32% of the total number of votes,

4) Danuta Guzowska, holding 1,512,311 shares at this AGM, entitling her to cast 4,374,953 votes, representing 12.15% of all votes at this meeting and 8.01% of the total number of votes,

5) Zbigniew Jaworski, holding 1,545,548 shares at this AGM, entitling him to cast 3,844,592 votes, representing 10.68% of all votes at this meeting and 7.04% of the total number of votes,

6) Kazimierz and Zdzisława Piotrowski, holding 823,955 shares at this AGM, entitling them to cast 2,818,277 votes, representing 7.83% of all votes at this meeting and 5.16% of the total number of votes.

Legal basis: Article 70(3) of the Act of 29 July 2005 on Public Offerings and the Conditions for Introducing Financial Instruments to Organised Trading and on Public Companies.

Apator SA announces that on 26 June 2025, the Issuer’s Supervisory Board appointed the Management Board of Apator SA, with effect from 26 June 2025, for a new joint three-year term of office, ending on the date of the Ordinary General Meeting of Shareholders of Apator SA in 2028.

The Management Board of Apator SA will consist of the following two members:

• Maciej Wyczesany – Chairman of the Management Board, Chief Executive Officer of the Apator Group,
• Łukasz Zaworski – Member of the Management Board, Director of Product Development.

Below, the Issuer provides the CVs of the appointed Members of the Management Board.

Biographical note on Maciej Wyczesany

Maciej Wyczesany is a graduate of Economics at Nicolaus Copernicus University in Toruń and the IMD programme – Digital Disruption in Business. Mr Wyczesany is a manager with over 25 years’ experience gained in industrial companies with both Polish and international capital. Between 2009 and 2022, he served as Chief Financial Officer and Member of the Management Board at DOVISTA Polska Sp. z o.o., part of the Danish VKR Group, which manufactures window and door joinery and includes, among others, Velux. Between 2006 and 2009, he served as CFO and Chief Accountant at Gunnebo Industries, a company in the construction sector owned by a Swedish capital group. He was responsible, among other things, for mergers and acquisitions and investment processes aimed at increasing the company’s value. He directly managed the finance, controlling, HR and IT departments. He carried out tasks related to the development and implementation of corporate strategies, team building and organisational culture change processes. In previous years, Maciej Wyczesany gained professional experience as a finance and accounting manager and financial controller.

Since March 2023, he has been at the helm of Apator S.A., which forms an international capital group; he also sits on the Supervisory Boards of Apator Group companies in order to exercise closer ownership supervision.

Areas of responsibility:

• setting the direction and operationalising the strategy of Apator S.A. and the Apator Group,
• supervising the Apator Group companies and the consolidated financial results,
• managing the affairs of the Management Board of Apator S.A. and directing its work in accordance with the Commercial Companies Code, the Articles of Association of Apator S.A. and the internal regulations in force at Apator S.A.,
• overseeing the following areas at Apator S.A.: finance, procurement, production, technology, marketing and sales, as well as investor relations, communications and PR.

Maciej Wyczesany does not engage in any business activities competitive to Apator S.A., does not participate in a competing company as a partner in a civil law partnership or a partnership, is not a member of a governing body of a competing limited company, nor does he participate in any other competing legal entity as a member of its governing body.

Maciej Wyczesany is not entered in the Register of Insolvent Debtors maintained pursuant to the Act on the National Court Register.

Biographical note on Łukasz Zaworski

Łukasz Zaworski graduated in Engineering Physics from Nicolaus Copernicus University and obtained a PhD in Engineering Sciences in the field of electronics from Wrocław University of Technology. He also completed a postgraduate Executive MBA programme at the Warsaw School of Economics.
Mr Łukasz has been with Apator S.A. since 2011. Initially, he worked as an R&D project manager, and from 2018 he served as Director of Development of Measuring Equipment and Systems and as Research and Development Representative within the Apator Group. He has been a member of the Management Board of Apator S.A. since November 2023.

Mr Łukasz is an expert in the electricity metering industry and a co-creator of the development of the range of meters and related products; he has many years’ experience in managing R&D teams and conducting market analyses. He is responsible for product and market innovation and for improving the product range. He is also a long-standing member of the Supervisory Boards of Apator Group companies. He is also a member of the Board of Directors of the Danish company Apator Miitors ApS, which is a research and development unit working on ultrasonic technology in the field of water metering and heat metering.

Areas of responsibility:

• implementation of Apator S.A.’s strategy regarding the development of new and existing products,
• cooperation with sales departments regarding market needs, analyses and market trends, as well as product development and commercialisation plans,
• overseeing the development and implementation of new products into production and onto the market,
• coordination of product development strategy at Apator Group level,
• coordination of R&D budgets and optimisation of the Group’s resource utilisation,
• sustainability and oversight of the implementation of the ESG strategy.
  

Łukasz Zaworski does not engage in any business activities competitive to Apator SA, does not participate in a competing company as a partner in a civil law partnership or a partnership, is not a member of a governing body of a competing limited company, nor does he participate in any other competing legal entity as a member of its governing body.

Łukasz Zaworski is not entered in the Register of Insolvent Debtors maintained pursuant to the Act on the National Court Register.

Legal basis: § 5(6) of the Regulation of the Minister of Finance of 6 June 2025 on current and periodic information disclosed by issuers of securities and the conditions for recognising as equivalent information required by the laws of a non-member state.

The Management Board of Apator SA hereby attaches the text of the resolutions adopted by the Ordinary General Meeting of Shareholders of Apator SA on 25 June 2025.

The Management Board also informs that:

• The Ordinary General Meeting of Shareholders did not refrain from considering any of the items on the proposed agenda,
• there were no draft resolutions that were put to the vote but not adopted.
• during the proceedings of the Ordinary general meeting of shareholders, no objections were raised to the resolutions put to the vote by the general meeting of shareholders.

Legal basis: § 20(1)(6), (7), (8) and (9) of the Regulation of the Minister of Finance of 6 June 2025 on current and periodic information disclosed by issuers of securities and the conditions for recognising as equivalent information required by the laws of a non-Member State.

The Management Board of Apator SA announces that on 25 June 2025, the Company’s general meeting of shareholders resolved that the Supervisory Board of Apator SA, appointed for a new joint term of office from 2025 to 2030, shall consist of sevenmembers and elected the following persons to serve as Members of the Supervisory Board:
1) Janusz Niedźwiecki
2) Mariusz Lewicki
3) Janusz Marzygliński
4) Kazimierz Piotrowski
5) Monika Guzowska
6) Tadeusz Sosgórnik
7) Grażyna Sudzińska-Amroziewicz

The CVs of the appointed members of the Supervisory Board are attached to this report.

Legal basis: Section 5(6) of the Regulation of the Minister of Finance of 6 June 2025 on current and periodic information disclosed by issuers of securities and the conditions for recognising as equivalent information required by the laws of a non-member state.

The Management Board of Apator SA announces that on 25 June 2025, the general meeting of shareholders adopted a resolution to pay dividends from the profit for the 2025 financial year in the amount of PLN 0.90 gross per share. The total amount allocated to dividends, in accordance with the decision of the general meeting of shareholders, is PLN 29,382,365.70 from the profit for 2024.

Shareholders holding shares on 6 December 2024 received, on 12 December 2024, an interim payment towards the anticipated dividends from the 2024 profit totalling PLN 9,794,121.90, i.e. PLN 0.30 per share. A total of 32,647,073 registered Series A shares and bearer Series A, B and C shares were entitled to the interim dividends.

The remaining portion of the dividends, totalling PLN 19,588,243.80, i.e. PLN 0.60 gross per share, will be paid on 11 September 2025. Shareholders holding shares in Apator SA on 28 August 2025 will be entitled to this portion of the dividends. 32,647,073 registered Series A shares and bearer Series A, B and C shares are entitled to the payment of the remaining portion of the dividends.

Legal basis:

§ 19(2) of the Regulation of the Minister of Finance of 29 March 2018 on current and periodic information provided by issuers of securities and the conditions for recognising as equivalent information required by the laws of a non-member state (Journal of Laws, item 757).

The Management Board of Apator SA announces that on 24 June 2025, an addendum was signed to the Multi-Product Agreement of 22 June 2016 between ING Bank Śląski SA and the Apator Group companies:
- Apator S.A.,
- Apator Powogaz S.A.,
- Apator Metrix S.A.,
- Apator Rector Sp. z o.o.,
- Apator Telemetria Sp. z o.o. (hereinafter referred to as the “Companies”).

Under the signed amendment, the loan term was extended by a further three years and the revolving credit facility intended for the Companies’ day-to-day financing was reduced from PLN 250 million to PLN 210 million.

The credit limit may be utilised in the form of working capital loans, bank guarantees, letters of credit and the Bank’s purchase of receivables.

The interest rate on the facility is based on the 1M WIBOR/EURIBOR rate plus the Bank’s margin.

Following the conclusion of the amendment, the security for the Agreement has been updated and currently consists of:
- registered pledges on the Companies’ inventories,
- registered pledges on the Companies’ fixed assets,
- a mortgage on the property of Apator SA,
- assignment of rights under the insurance policy covering the above security,
- blank promissory notes together with promissory note declarations issued by the borrowers.

Liabilities arising from the granted credit facility are borne jointly and severally by the Companies, up to a maximum amount of PLN 210 million.

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 persons closely associated with them, namely Stella AMP Family Foundation (in the process of being established) and Lexon sp. z o.o. The notifications relate to transactions in registered and bearer shares of Apator SA carried out on 17 June 2025.

Attached is the full text of the notifications:
- from Janusz Marzygliński,
-from Tadeusz Sosgórnik,
-from Lexon sp. z o.o.,
- from Stella AMP Family Foundation (in the process of being established).

The Management Board of Apator SA (the “Company”) announces that on 18 June 2025, the Company received nominations for the following six candidates for the Supervisory Board of Apator SA:

1) Janusz Niedźwiecki
2) Mariusz Lewicki
3) Kazimierz Piotrowski
4) Tadeusz Sosgórnik
5) Monika Guzowska
6) Janusz Marzygliński

The notification was submitted by a shareholder of the Company – a natural person who did not consent to the publication of their personal data.

The nominations have been submitted for consideration under item 14 of the agenda of the Company’s general meeting of shareholders convened for 25 June 2025, concerning the appointment of members of the Supervisory Board for a new joint term of office.

The submission was accompanied by the candidates’ CVs, as well as their consents and declarations. The aforementioned documents are attached to this report.

Legal basis for the report: Section 19(1)(2) of the Regulation of the Minister of Finance of 29 March 2018 on current and periodic information disclosed by issuers of securities and the conditions for recognising as equivalent information required by the laws of a non-member state.

The Management Board of Apator SA hereby announces that it has received notification from Mariusz Lewicki – Deputy Chairman of the Supervisory Board of Apator SA – regarding the purchase of 10,000 bearer shares in Apator SA on 9 June 2025.

The full text of the notification is attached.

The Management Board of Apator SA hereby announces that Apator SA has received a nomination for Ms Grażyna Sudzińska-Amroziewicz as a member of the Supervisory Board. The nomination was submitted by a shareholder of the Company – Allianz Polska Open Pension Fund, with its registered office in Warsaw, represented by PTE Allianz Polska S.A., with its registered office in Warsaw at 4B Inflancka Street, 00-189 Warsaw, entered in the Register of Entrepreneurs maintained by the District Court for the Capital City of Warsaw in Warsaw, 13th Commercial Division of the National Court Register, under KRS number: 0000055443.

The nomination was submitted for consideration under item 14 of the agenda of the Company’s General Meeting of Shareholders convened for 25 June 2025, concerning the appointment of Members of the Supervisory Board for a new joint term of office. The nomination was accompanied by the candidate’s CV and a statement. The above documents are attached to this report.

Legal basis for the report: Section 19(1)(2) of the Regulation of the Minister of Finance of 29 March 2018 on current and periodic reports disclosed by issuers of securities and the conditions for recognising as equivalent information required by the laws of a non-member state.