Vigo Photonics S.A.

Legal Proceedings Report • Jun 5, 2024

Report Content Entry of a registered pledge in the pledge register

The Management Board of VIGO Photonics S.A. with itsregistered office in Ożarów Mazowiecki (hereinafter referred to as the_quot;Issuer_quot;), hereby informs that on March 15, 2024, it received a decisionissued on March 6, 2024 by the District Court for the Capital City ofWarsaw in Warsaw, 11th Commercial Division - Register of Pledges(hereinafter referred to as the _quot;Decision_quot;) regarding the entry in thepledge register of a pledge on machines and devices used to implementthe technology for the production of detection chips developed as partof the _quot;Exposures_quot; project (hereinafter referred to as the _quot;Subject ofthe pledge_quot;). The book value of the Subject of the pledge as atSeptember 30, 2023 amounted to PLN 21,718,430.46. The registered pledgesecures receivables up to the maximum security amount of EUR8,250,000.00.

The registered pledge was established to secure thereceivables of ING Bank Śląski S.A. with its registered office inKatowice under the Agreement concluded with the Issuer for a foreigncurrency loan in a bank account with the number 881/2022/00002231/00dated March 21, 2022 up to the amount of EUR 5,500,000, extended byAnnex No. 4 dated December 15, 2023 and Annex No. 5 dated January 22,2024, and the Registered Pledge Agreement with the number881/2024/00002576/05 dated January 22, 2024.

In addition, the Issuer informs that there are nopersonal or property links between the Issuer and the bank in whosefavor the pledge is established.

The Issuer explains that due to an error, the currentreport containing the information disclosed in this current report wasnot published immediately after the Issuer received the Resolution.After the Issuer identified this circumstance, the Issuer published thiscurrent report immediately. At the same time, the Issuer will make everyeffort to ensure that similar errors do not occur in the future.