Allegro.eu S.A. — Capital/Financing Update 2021

Dec 1, 2021

Date: 30 November 2021

Current Report No. 18/2021

Legal basis:

Article 17(1) of the MAR

Title: Establishment of bond issuance programme

The Board of Directors of Allegro.eu (the ''Company'') hereby reportsthat on 30 November 2021 the Board of Directors of the Company adopted aresolution on the establishment of a Polish law governed bond issuanceprogramme, up to the aggregate nominal value of outstanding bonds up toPLN 3,000,000,000 (three billion zloty) at any time under the programme(the ''Programme''). In connection with the establishment of theProgramme, on 30 November 2021 the Company signed the programmeagreement with Santander Bank Polska S.A. as, inter alia, arranger anddealer and Powszechna Kasa Oszczędności Bank Polski S.A. as, inter alia,dealer and technical agent.

Bonds issued under the Programme (the ''Bonds'') will be offered solelyto qualified investors (as defined in the Regulation (EU) 2017/1129 ofthe European Parliament and of the Council of 14 June 2017 on theprospectus to be published when securities are offered to the public oradmitted to trading on a regulated market, and repealing Directive2003/71/EC (the ''Prospectus Regulation'')) in accordance with Article33 point 1 of the Polish act on bonds (Ustawa o Obligacjach) dated 15January 2015 (as further amended) (the ''Act on Bonds''), without theobligation to publish a prospectus under the Article 1 point 4 (a) ofthe Prospectus Regulation.

The Bonds may be denominated in PLN or EUR and will be issued on asenior unsecured basis. The Programme will allow for the issuance ofplain vanilla Bonds, green Bonds and sustainability Bonds. The Bonds maybear a floating or a fixed interest rate.

The Company is considering issuing a first series of PLN denominatedBonds which will bear a floating or a fixed interest rate and will havea maturity of up to 5 years, provided that the final parameters will bedetermined in the book-building process and will be subject to anapproval of the Company's Board of Directors. The first series of Bondswill have no specific purpose under the Act on Bonds and the netproceeds of the issue shall be used to finance general corporatepurposes of the Company and its capital group.

The Company's decision on the issuance of the first series of Bonds willdepend on the market conditions on the Polish debt securities market.The Company has no obligation to issue any Bonds and the sole fact thatthe Programme has been established does not imply that the Companyintends to issue the Bonds up to the limit established therein.

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.