Legal Proceedings Report • Dec 30, 2022
Legal Proceedings Report
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TheManagement Board of Agora S.A. with its registered office in Warsaw(_quot;Company_quot;, _quot;Agora_quot;), with reference to the regulatory filings no.35/2017 of December 21, 2017, 6/2018 of February 16, 2018, 40/2020 ofNovember 13, 2020, 43/2020 of December 11, 2020, 21/2021 of November 10,2021, 23/2021 of December 9, 2021 and 37/2022 of November 8, 2022informs that on December 30, 2022, Agora received the decision datedDecember 29, 2022 issued by the Head of the First Mazovian Tax Office inWarsaw on the registration of the agreement to extend the period ofoperation of the Agora Tax Capital Group (_quot;PGK_quot;), which includes Agoraand the following subsidiaries: Grupa Radiowa Agory Sp. z o.o., Agora TCSp. z o.o., Plan D Sp. z o.o., Helios S.A., AMS S.A., Yieldbird Sp. zo.o. and Plan A Sp. z o.o.Inthe agreement to extend the period of operation of the tax capitalgroup, Agora was indicated as a company representing PGK in the scope ofobligations under the Corporate Income Tax Act and the provisions of theTax Ordinance.Theagreement on extending the period of operation of the PGK was concludedfor the period until 31 December 2023. The Company estimates that theextension of the operating period of the tax capital group may result ina_#160;reduction of the group's tax liability by approx. PLN 7 million in2023.Legalbasis: Art. 17 sec. 1 of the Regulation of the European Parliament andof the Council (EU) No 596/2014 of 16 April 2014 on market abuse (marketabuse regulation) and repealing Directive 2003/6/EC of the EuropeanParliament and of the Council and Commission Directive 2003/124/EC,2003/125/EC and 2004/72/EC.
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