Allegro.eu announces the implementation of the Share Buyback Program (Phase 1) via open market transactions, for the purpose of share cancellation and reduction of the Company’s share Capital

The Board of Directors of Allegro.eu (the “Board”) hereby informs that, acting within the scope of the authorisation granted by the Annual General Meeting of the Company (“AGM”) on 25 June 2026, the Board resolved on 25 June 2026 to initiate the implementation of a share buyback program (the “Share Buyback Program”) and to adopt the first phase of its execution (“Phase I”) through open market transactions on the Warsaw Stock Exchange.

The Company hereby presents the details of Phase I of the Share Buyback Program:
1. the purpose of the share buyback: the cancellation of shares and subsequent reduction of the Company’s share capital;
2. the maximum pecuniary amount allocated to Phase I: PLN 800,000,000.00 (excluding brokerage commissions);
3. the maximum purchase price per share: PLN 45.00 (excluding expenses);
4. the maximum number of shares to be acquired under Phase I: 42,105,263 shares (subject to the overall AGM authorisation cap of 84,210,526 shares);
5. duration of Phase I: the programme is intended to commence no earlier than on 15 July 2026 and will end no later than 25 June 2027.

Phase I of the Share Buyback Program will be lead-managed by Erste Bank Polska S.A. – Erste Biuro Maklerskie (the “Lead Manager”), who will independently make trading decisions concerning the timing of the purchases of the Company’s shares independently of the Company.

The following trading restrictions shall be applicable to Phase I of the Share Buyback Program:
1. The shares will be acquired on the regulated market of the Warsaw Stock Exchange (the “WSE”). Buy orders shall not be placed during an auction phase, and orders placed before the start of an auction phase shall not be modified during that phase.
2. In order to comply with the safe-harbour framework of Article 3(2) of the Delegated Regulation, the Company shall acquire the shares at a price not higher than the higher of (i) the price of the last independent trade and (ii) the highest current independent purchase bid on the regulated market of the WSE.
3. The Company shall not purchase on any trading day more than 25% of the average daily volume of the shares on the regulated market of the WSE,which is within the limit stipulated in Article 3(3) of the Delegated Regulation.
4. Pursuant to the Luxembourg company law, the acquisitions may not have the effect of reducing the net assets of the Company below the amount of the subscribed capital plus the reserves which may not be distributed by virtue of law or its Articles of Association.

The Company will report transactions executed under the Share Buyback Program in weekly current reports (only in weeks during which any such transactions are executed), complying with the disclosure and reporting requirements set forth in Article 5(3) of the MAR and Article 2 of the Delegated Regulation.

Allegro.eu is a Luxembourg public limited liability company (société anonyme), registered office: 6, rue Eugène Ruppert, L-2453 Luxembourg, Grand Duchy of Luxembourg, R.C.S. Luxembourg: B214830.