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Changes in the composition of the Management Board of sp. z o.o.

September 14, 2021

Legal basis: Art. 17 sec. 1 of MAR - confidential information.

The Board of Directors (the "Company") hereby informs that on 14 September 2021, sp. z o.o (""), a wholly-owned subsidiary of, was informed by Mr Seshashayee Sridhara (a.k.a. Mittu Sridhara) that he is unable to take up his responsibilities as a member of the Management Board of on 1 October 2021, as originally planned at the time of his appointment (see Current Report No. 7, dated 23 June 2021), and has resigned from his nomination to this position.

In his resignation letter, Mr Sridhara stated that he has made this decision solely for personal reasons.

Francois Nuyts, CEO of Allegro, commented: "We are saddened that personal factors have led Mittu Sridhara to step back from joining the Board as Chief Technology Officer (“CTO”) from 1 October and we are therefore continuing our search for a long term replacement for Piotr Szybiak, who resigned in June after many years in the role.  At the same time, I am very pleased to announce that Marcin Mazurek, one of the key directors in the Allegro Technology Team, will continue as Interim CTO and steer the Technology Leadership Team in delivering on its ambitious program of innovation."