AGORA S.A.

Legal Proceedings Report • Mar 15, 2023

Regulatory filing

The Management Board of Agora S.A. with itsregistered seat in Warsaw ("Company", "Agora") informs that profit fromremeasurement of 400 shares in the share capital of Eurozet sp. z o.o.(_#8216;Eurozet") owned by the Company shall be recognized in the consolidatedprofit and loss account of the Agora Group for Q1 2023.

Upon settlement of acquisition of 110 shares inEurozet, which took place on February 27, 2023 (in accordance withregulatory filing No. 14/2023), Agora Groupremeasuredthe already owned 400 shares in Eurozet to its fair valueasat the acquisition date, i.e. February 27,2023, in line with IFRS 3. As a result, in Q1 2023 the Agora Group shallreport profit on the remeasurement of the already owned 400 shares inEurozet, which shall be recognized in financial income in theconsolidated profit and loss account of the Agora Group in Q1 2023.

Profit on the remeasurement in the initial amount ofPLN 45_#160;304k was calculated on the basis of the carrying amount of theinvestment in the associate Eurozet as of December 31, 2022.

The final revaluation ofacquired net assets, goodwill and profit on remeasurement of previouslyheld sharesshall be finally calculated as ofthe day of taking control over Eurozet and reported in the periodicreport for Q1 2023.

Legal basis: Art. 17 sec. 1 of Regulation (EU) No596/2014 of the European Parliament and of the Council of 16 April 2014on market abuse (market abuse regulation) and repealing Directive2003/6/EC of the European Parliament and of the Council and CommissionDirective 2003/124/EC, 2003/125/EC and 2004/72/EC - confidentialinformation.