Sanwil Holding S.A.

Report Publication Announcement • Jul 21, 2025

Current report no. 11/2025

dated 21 July 2025

OPERATIONS UPDATE FOR THE THREE MONTHS ENDED 30 JUNE 2025

Kernel Holding S.A. informs that the Operations Update for the three months ended 30 June 2025 is published and available on the Company's website: https://www.kernel.ua/investorrelations/financial-reports/

Legal grounds: Art. 17 of REGULATION (EU) No 596/2014 OF THE EUROPEAN PARLIAMENT AND OF THE COUNCIL of 16 April 2014 on market abuse (market abuse regulation) and repealing Directive 2003/6/EC of the European Parliament and of the Council and Commission Directives 2003/124/EC, 2003/125/EC and 2004/72/EC.

Signatures of individuals authorized to represent the Company:

Anastasiia Usachova

Sergiy Volkov