Vigo Photonics S.A.

M&A Activity • May 15, 2025

Report Content Legal basis: Art. 17 sec. 1 Market Abuse Regulation -confidential information

The Management Board of VIGO Photonics S.A.("Company", "Issuer") informs that yesterday a non-binding letter ofintent ("Letter of Intent") was concluded concerning the acquisition bythe Company of assets of a manufacturer of infrared detectors ("AcquiredAssets"). The Company reserves the right to change the structure of thepotential transaction from an asset purchase to a stock purchase, or anyother structure, following its due diligence.

The business of the company selling the AcquiredAssets consists of the design, production and sale of infrared detectorswithin American, Asian and European markets, to customers from theindustrial, scientific and arms sectors.

According to the Letter of Intent, the Company hasthe exclusive right to purchase the Acquired Assets for 90 days withthree twenty-day extension options provided the Company is meetingcertain milestones towards the completion of the acquisition, and itsfinal terms will depend and are conditioned upon, among others,satisfactory completion of the Company's due diligence and obtaining therequired corporate consents. The Company will communicate furtheractivities related to the implementation of the Letter of Intent inappropriate reports.

The Company is analyzing potential methods offinancing the acquisition of the Acquired assets, which may include theuse of the Company's own funds, obtaining debt financing, or issuing newshares.

The potential acquisition of the Acquired Assets isan element of the Strategy for 2021-2026, about which the Issuerinformed in the current report No. 12/2021 on 16.06.2021, includingprimarily the geographical expansion on the American market.