Vigo Photonics S.A.

Capital/Financing Update • Mar 12, 2025

NO ENTRY INTO FORCEOF THE CONDITIONAL FINANCING AGREEMENT AND WARRANT AGREEMENT WITH THEEUROPEAN INVESTMENT BANK

Current report no.:4/2025

Date: 12.03.2025

The Management Boardof Vigo Photonics S.A. with its registered office in Ożarów Mazowiecki(the "Company", "Issuer"), in reference to current report no. 26/2024dated 12 September 2024, informs that on 12 March 2025 the deadline forthe Company to fulfil the conditions allowing for the implementation ofthe financing agreement concluded on 12 September 2024 with the EuropeanInvestment Bank ("EIB") (the "Financing Agreement" or "Agreement")expired.The Company has decided not to fulfil the above conditions. Inconnection with the above, the condition precedent resulting from theAgreement was not fulfilled, and consequently, no legal consequencesresulting from the Agreement arose. Therefore, the Financing Agreementdid not enter into force. At the same time, the agreement on the issueof subscription warrants to the EIB ("Warrant Agreement") did not enterinto force. Due to the lack of entry into force of the FinancingAgreement and the Warrant Agreement, cooperation with the EIB wasterminated. The lack of entry into force of the Financing Agreement andthe Warrant Agreement will not have any negative financial consequencesfor the Company. At the same time, the Company will continue itsactivities aimed at securing other sources of financing for itsoperations.Legalbasis: Article 17 section 1 of MAR - confidential information