Fabrity Holding S.A

Earnings Release • Jul 2, 2019

The estimated operational and sales data of subsidiaries Aforti FinanceS.A., Aforti Finance Romania IFN S.A., Aforti Exchange S.A., AfortiExchange Romania S.A., Aforti Collections S.A. and Aforti Factor S.A. -June 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 June 2019

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

In June 2019 Aforti Finance S.A. granted 12 loans (decrease by 65.71%)with a total value of PLN 2 387,45 thousand, which is a decrease of31.26% compared to the same month of 2018.

The value of submitted applications amounted to PLN 11 562,32 thousandand that is a result lower by 76.28% compared to the same period of theprevious year. In June 2019, there were filed 66 loan applications, whatin relation to the same month of 2018 is a reduction of 83.50%.

Cumulatively, after six months of 2019, Aforti Finance SA granted 96loans (68.83% less YoY) with total value PLN 13 907,21 thousand and itis a decrease by 57.44% compared to 2018. In the period from January tothe end of June 2019, there were filed 828 loan applications with totalvalue PLN 127 246,31 thousand. The number of submitted applications wasreduced by 57.97%, and their total value by 47.86% in relation to thesame period in the previous year.

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

In June 2019, Aforti Finance Romania IFN S.A. - an entity operating inRomania - has granted the first four loans to entrepreneurs. Their totalvalue amounted to RON 476,75 thousand. In addition, Romanianentrepreneurs submitted 7 applications last month for a total amount ofRON 1 474,46 thousand.

At the same time, at the end of the first half of this year the Companyaccepted 14 loan applications with a total value of RON 2 928,51thousand.

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 June 2019:

The currency exchange platform's turnover in June 2019 reached EUR 35164,96 thousand and was higher by 62.38% compared to the same period ofthe previous year.

At the same time, after six months of the 2019, the turnover reached thelevel of EUR 213 795,31 thousand, an increase of 90.70% year-on-year.

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

The value of trading on the currency exchange platform in Romania inJune 2019 amounted to EUR 9 009,66 thousand which is an increase of125.65% in relation to June 2018.

In the period from January to the end of June 2019, Aforti ExchangeRomania S.A. recorded EUR 62 689,13 thousand of the total turnovervalue, which in comparison to the previous year is an increase of217.79%.

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

The total value of trading on the currency exchange platforms of AfortiExchange operated in Poland and in Romania in June 2019 amounted to EUR44 174,62 thousand, which in comparison to the same period in theprevious year means an increase of 72.23%.

At the same time, cumulatively after first half of 2019 the total valueof turnover reached the level of EUR 276 484,44 thousand and itincreased year-on-year by 109.72%

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

Nominal value of debt collection commissions on June 2019 reached PLN 50782,49 thousand. This is an increase by 4739.39% YoY. The number ofrecovery orders amounted to 5144 and was higher by 1468.29% compared toJune 2018. The company concluded six contracts in the indicated month(low by 73.91%).

Cumulatively, after six months of 2019, the nominal value of the debtcollection orders amounted to PLN 240 528,03 thousand, which is anincrease by 2387.15% year-on-year. The number of orders also increasedby 3038.16% to 42 271. At the same time, the number of debt recoveryagreements concluded after the six months of 2019,decreased by 21.43% to33.

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

In June 2019 the value of receivables financed by Aforti Factor S.A.amounted to PLN 4 519,46 thousand and was higher 82.52% than in theprevious year.

Further, after six months current year, this value reached level of PLN20 886,53 thousand, recording an increase of 138.45% year-on-year.

A table containing estimated additional data, reported for June 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