AGORA S.A.

M&A Activity • Sep 18, 2019

Determination of the final purchase price for the shares in Eurozet sp.z o.o. as a result of the price adjustment mechanismTheManagement Board of Agora S.A. with its registered office in Warsaw (the"Company", "Agora"), in addition to the Company's current report No.3/2019 of 20 February 2019, hereby announces that on 17 September, 2019Agora and SFS Ventures s.r.o. with its registered office in Prague, theCzech Republic, as the buyers, and Czech Radio Center a.s. with itsregistered office in Prague, the Czech Republic (the "Seller"), as theseller, determined the final purchase price for the shares of Eurozetsp. z o.o. with its registered office in Warsaw ("Eurozet") inaccordance with the provisions of the preliminary agreement on the saleof shares in the share capital of Eurozet, concluded on 20 February 2019("Preliminary Agreement").As a result of applying theprice adjustment mechanism set forth in the Preliminary Agreement, thefinal consideration for 400 shares in the share capital of Eurozet witha nominal value of PLN 50 each, representing 40% of the share capital ofEurozet and entitling to exercise 40% of the total number of votes atthe shareholders' meeting of Eurozet, acquired by Agora on 20 February2019, amounted to PLN 130,673,268 (whereas the amount originally paid bythe Company as initial consideration was PLN 130,754,689).Inconnection with the foregoing, pursuant to the provisions of thePreliminary Agreement and given the result of applying the priceadjustment mechanism, the Company is entitled to receive from the Sellera price adjustment (surplus) amounting to PLN 81,421, within fivebusiness days from the date of determining the amount of the finalconsideration.Legal basis: Article 17 Section 1 of Regulation (EU)No 596/2014 of the European Parliament and of the Council of 16 April2014 on market abuse (market abuse regulation) and repealing Directive2003/6/EC of the European Parliament and of the Council and CommissionDirectives 2003/124/EC, 2003/125/EC and 2004/72/EC - confidentialinformation.