AGORA S.A.

Legal Proceedings Report • Jan 18, 2023

Impairmentof assets

Regulatoryfiling

TheManagement Board of Agora S.A. with its registered seat in Warsaw("Company", "Agora") hereby informs that the Agora Group (_quot;the Group_quot;)is in the process of verifying the valuation of its assets in accordancewith the International Financial Reporting Standards, inter alia on thebasis of an analysis of long-term financial forecasts for all of thebusiness segments of the Group.

Theabove mentioned analyses show the necessity to_#160;incur impairment loss ofassets in the Digital and Printed Press segment. The amount of the abovementioned impairment has an impact on both, the net results of Agora SAand the Agora Group, in the fourth quarter of 2022.Theimpairment loss of assets concerns the amount of goodwill related to theDigital and Printed Press segment. Its impact on the net result of theAgora Group amounted to_#160;PLN 43.4 mio.

Theindividual value of the remaining impairment losses is not significantfrom the Company's and the Group's perspective.

Allof the above data are preliminary, non-audited estimates and may changeduring the finalization of work on financial statements for the fiscalyear 2022. The additional information will be provided in the financialstatements for the fiscal year 2022.

Atthe same time, the Company informs that the aforementioned impairmentloss is one-off and non-cash and does_#160;not affect the liquidity of both,the Company and of the Group, or the strategic intentions of Agora S.A._#160;

Legalbasis: Article 17, paragraph 1 of Regulation (EU) No. 596/2014 of theEuropean Parliament and of the Council of 16 April 2014 on market abuse(Market Abuse Regulation) and repealing Directive 2003/6/EC of theEuropean Parliament and of the Council and Commission directive2003/124/EC, 2003/125/EC and 2004/72/EC.