Regulatory Filings • Apr 4, 2025
Regulatory Filings
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Report Content Current report no. 5/2025 of April4, 2025
The Management Board of VIGOPhotonics S.A. with its registered office in Ożarów Mazowiecki(hereinafter referred to as the "Issuer"), hereby informs that on April4, 2025, the Issuer analyzed the impact of the Implementing Regulation"Regulation of imports by means of a reciprocal customs tariff in orderto remedy trade practices contributing to large and persistent annualdeficits in trade in goods with the United States" [Regulating Importswith a Reciprocal Tariff to Rectify Trade Practices that Contribute toLarge and Persistent Annual United States Goods Trade Deficitshttps://www.whitehouse.gov/presidential-actions/2025/04/regulating-imports-with-a-reciprocal-tariff-to-rectify-trade-practices-that-contribute-to-large-and-persistent-annual-united-states-goods-trade-deficits/]on April 2, 2025, issued by the President of the United States ofAmerica (hereinafter: USA). As a result of the analysis, the Issuerassesses that the changes introduced by the Executive Order will nothave a significant impact on the Issuer's revenues from the Americanmarket or will not affect the development of the Issuer's business inthe USA. Most of the products from the group of semiconductor productsand components that are significant from the point of view of theIssuer's revenues are included in Annex II to the Executive Order - andare excluded from the currently imposed customs duties.
In 2024, unit revenues from sales onthe US market amounted to PLN 10.2 million, of which revenues from salesof products covered by the current customs duties amounted to 13.9% oftotal revenues from this market, i.e. PLN 1.4 million.
Legal basis: Article 17(1) ofRegulation (EU) No 596/2014 of the European Parliament and of theCouncil of 16 April 2014 on market abuse (market abuse regulation) andrepealing Directive 2003/6/EC of the European Parliament and of theCouncil and Commission Directives 2003/124/EC, 2003/125/EC and2004/72/EC - confidential information.
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