Fabrity Holding S.A

Earnings Release • Dec 3, 2019

The estimated operational and sales data of subsidiaries AfortiFinance S.A., Aforti Finance Romania IFN S.A., Aforti Exchange S.A.,Aforti Exchange Romania S.A., Aforti Collections S.A. and Aforti FactorS.A. - November 2019

The board of Aforti Holding S.A. ("the Company", "the Issuer")headquartered in Warsaw hereby announces to the public the estimatedoperational and sales results of Aforti Finance S.A., Aforti FinanceRomania IFN S.A., Aforti Exchange S.A., Aforti Exchange Romania S.A.,Aforti Collections S.A. and Aforti Factor S.A. the Issuer's subsidiariesfor November 2019

1) The estimated operational and sales results of Aforti Finance S.A.for November 2019:

In November 2019 Aforti Finance S.A. granted 20 loans (decrease by55,56%) with a total value of PLN 1 500,25 thousand, which is a decreaseof 67,79% compared to the same month of 2018.

The value of submitted applications amounted to PLN 5 966,23 thousandand that is a result lower by 84,90% compared to the same period of theprevious year. In November 2019, there were filed 83 loan applications,what in relation to the same month of 2018 is a reduction of 75,66%.

Cumulatively, after eleven months of 2019, Aforti Finance SA granted 161loans (70,13% less YoY) with total value PLN 22 346,75 thousand and itis a decrease by 59,13% compared to 2018. In the period from January tothe end of November 2019, there were filed 1 277 loan applications withtotal value PLN 191 272,68 thousand. The number of submittedapplications was reduced by 64,57%, and their total value by 57,59% inrelation to the same period in the previous year.

2) The estimated operational and sales results of Aforti Finance RomaniaIFN S.A. for November 2019:

In November 2019, Aforti Finance Romania IFN S.A. - an entity operatingin Romania - has not granted any loans to entrepreneurs. At the sametime, Romanian entrepreneurs submitted 7 applications last month for atotal amount of RON 1 754,90 thousand.

After eleven months of this year the Company accepted 75 loanapplications with a total value of RON

13 896,38 thousand. In this time were granted 14 loans with total valueof RON 1 466,33 thousand.

On 31/10/2018, the Company obtained a license of a non-banking financialinstitution (IFN) allowing it to start operating activities.

3) The estimated operational and sales results of Aforti Exchange S.A.for November 2019:

The currency exchange platform's turnover in November 2019 reached EUR30 441,74 thousand and was higher by 2,97% compared to the same periodof the previous year.

At the same time, after eleven months of the 2019, the turnover reachedthe level of EUR 396 915,17 thousand, an increase of 68,23% year-on-year.

4) The estimated operational and sales results of Aforti ExchangeRomania S.A. for November 2019 :

The value of trading on the currency exchange platform in Romania inNovember 2019 amounted to EUR 13 916,63 thousand which is an increase of34,58% in relation to November 2018.

In the period from January to the end of November 2019, Aforti ExchangeRomania S.A. recorded EUR 152 680,91 thousand of the total turnovervalue, which in comparison to the previous year is an increase of164,16%.

5) The total estimated operational and sales data of Aforti Exchange forNovember 2019:

The total value of trading on the currency exchange platforms of AfortiExchange operated in Poland and in Romania in November 2019 amounted toEUR 44 358,37 thousand, which in comparison to the same period in theprevious year means an increase of 11,16%.

At the same time, cumulatively after eleven months of 2019 the totalvalue of turnover reached the level of EUR 549 596,08 thousand and itincreased year-on-year by 87,10%

6) The estimated operational and sales results of Aforti CollectionsS.A. for November 2019:

Nominal value of debt collection commissions on November 2019 reachedPLN 82 663,90 thousand. This is an increase by 2107,08% YoY. The numberof recovery orders amounted to 5 329 and was higher by 227,33% comparedto November 2018. The company concluded two contracts in the indicatedmonth (lower by 60,00%).

Cumulatively, after eleven months of 2019, the nominal value of the debtcollection orders amounted to PLN 417 735,52 thousand, which is anincrease by 2431,91% year-on-year. The number of orders also increasedby 1594,10% to 77 268. At the same time, the number of debt recoveryagreements concluded after the eleven months of 2019, decreased by27,54% to 50.

7) The estimated operational and sales results of Aforti Factor S.A. forNovember 2019:

In November 2019 the value of receivables financed by Aforti Factor S.A.amounted to PLN 2 276,74 thousand and was lower by 51,26% than in theprevious year.

Further, after eleven months current year, this value reached level ofPLN 38 713,52 thousand, recording an increase of 53,94% year-on-year.

A table containing estimated additional data, reported for November 2018together with the comparative data, can be found in an annex to thecurrent report.

Legal basis: Article 17 paragraph 1 of the MAR - confidential information