Current report No. 40/2022

Title: Allegro Pay sp. z o.o. extends its cooperation with AION Bank

Legal basis: Article 17 of MAR - inside information

With reference to the current report No. 12/2021 of 11 October 2021 the Board of Directors of Allegro.eu (the “Company”) hereby announces that starting from 6 December 2022 Allegro Pay sp. z o.o. – a wholly owned subsidiary, will extend the scope of its current cooperation under a Receivables Purchase Agreement of 11 October 2021 (the “RPA”) with Aion Bank SA / NV, a credit institution incorporated as a joint-stock company (société anonyme / naamloze vennootschap) under the laws of Belgium, with its registered office in Brussels, Belgium, acting through its Polish branch trading under the name "Aion Bank S.A. Spółka Akcyjna Oddział w Polsce" with its registered office in Warsaw (“AION”).

Cooperation is being extended such that Allegro Pay may also offer "Buy Now Pay Later" 30-day customer loans to AION for purchase. Until now AION's purchases had been limited to installment loans of various duration.

Through the sale of Buy Now Pay Later customer loans to AION within the extended cooperation, the Company expects that the value of outstanding customer loans that it needs to finance from its own capital resources will decline proportionately.

Allegro.eu is a Luxembourg public limited liability company (société anonyme), registered office: 1, rue Hildegard von Bingen, L – 1282 Luxembourg, Grand Duchy of Luxembourg, R.C.S. Luxembourg: B214830.