Allegro.eu S.A. — Board/Management Information 2022

Jan 24, 2022

21 January 2022

Current report No. 3/2022

Title: Recommendation of the Board of Directors regarding the candidatefor a new independent Director

Legal basis: Article 17 sec. 1 of MAR - inside information

The board of directors (the "Board") of the Allegro.eu (the "Company")resolved to submit to the approval of the forthcoming general meeting ofthe shareholders of the Company (the date of which is yet to bescheduled) the appointment of Mr Pedro Arnt as an independent directorupon recommendation of the remuneration and nomination committee of theCompany (the _quot;Remuneration and Nomination Committee_quot;).

Mr Arnt has been identified and nominated by the Remuneration andNomination Committee as a suitable candidate for appointment by thegeneral meeting of the Company. Mr Arnt will meet the criteria set forthin the WSE Code of Best Practice and the protocol of the Remunerationand Nomination Committee and has expressed his consent to be appointedas an independent director of the Company.

A dual Brazilian and British national, Pedro Arnt has been working forover 20 years in various senior leadership capacities in the consumerinternet industry, serving since 2011 as the Chief Financial Officer ofMercadoLibre (MELI), one of the largest and most-respected globalmarketplaces. Since joining in 1999 (the year of MELI's founding), hehas been instrumental in the growth and international expansion of thebusiness.

Over his career, he has held roles in various capacities gainingmulti-year experience leading a variety of teams, from early-stagecorporate development and marketing, through managing the company'scustomer experience operations, continuing as Vice President ofStrategic Planning, Treasury _amp; Investor Relations and activelyparticipating in the transition from a private to a public company.Today Mercado Libre has over 30,000 employees and is Latin America'smost popular ecommerce site by number of visitors, having attracted over300 million registered users.

Prior to joining MercadoLibre, Pedro worked for The Boston ConsultingGroup in the Buenos Aires and S_#227;o Paulo offices. He holds a bachelor'sdegree, magna cum laude, from Haverford College and a master's degreefrom the University of Oxford.

The Board believes that the appointment of Mr Arnt as an independentdirector would be in the best interests of the Company, being a steptowards the announced target of a majority of Board Members beingindependent.

Allegro.eu is a Luxembourg public limited liability company (soci_#233;t_#233;anonyme), registered office: 1, rue Hildegard von Bingen, L - 1282Luxembourg, Grand Duchy of Luxembourg, R.C.S. Luxembourg: B214830.