Allegro.eu S.A.

Transaction in Own Shares • Nov 27, 2023

Current report No. 26/2023

27 November, 2023

Title: Implementation of the share buyback programme by Allegro.eu tosatisfy awards under employee incentive plan

Legal basis: Market Abuse Regulation (EU) No 596/2014 of 16 April 2014,Commission delegated regulation (EU) 2016/1052 of 8 March 2016,Luxembourg companies law dated 10 August 1915, as amended from time totime, and Luxembourg law dated 11 January 2008 on transparencyrequirements in relation to information about issuers whose securitiesare admitted to trading on a regulated market.

The Board of Directors of Allegro.eu (the _quot;Board_quot;) hereby informs aboutthe resolutions it adopted on 27 November 2023 whereby the Boardresolved to initiate implementation of a share buyback programme inorder to meet Allegro.eu's obligations arising under its employeeincentive plan (approved by the shareholders of Allegro.eu on 20September 2020 and adopted by the Board on 7 October 2020) and tofacilitate the allocation of shares to the employees of Allegro.eu andthe employees of its subsidiaries in accordance with its employeeincentive plan.

The Board resolved to implement share buyback programme, after takingeconomic, legal, and financial parameters into consideration within theCompany's best interest.

The Company hereby presents the details of the Programme:

1. The purpose of the share buyback: the satisfaction of awards grantedunder Allegro's employee incentive plan;

2. The maximum pecuniary amount allocated to the share buyback: PLN86,900,920.00;

3. The maximum purchase price per share: PLN 40;

4. The maximum number of shares to be acquired: 2,172,523 ;

5. Duration of the Programme: over a period from 1 December 2023 anduntil 31 May 2024;

6. The Programme will be lead-managed by Santander Bank Polska S.A. -Santander Biuro Maklerskie, who will independently make tradingdecisions concerning the timing of the purchases of the Company's sharesindependently of the Company.

The following trading restrictions shall be applicable to the Programme:

1. The shares will be acquired on the regulated market of the WarsawStock Exchange, without canceling them, in order that such shares can bereallocated to the employees of the Company and of its subsidiaries.Pursuant to article 430-15 (3) of the Luxembourg Company Law, theCompany must distribute the shares for this purpose within twelve (12)months from the date of their acquisition. The orders shall not beplaced during an auction phase and the orders placed before the start ofthe auction phase shall not be modified during that phase.

2. The Company, in order to facilitate the operation of the Company'semployee incentive plan, shall acquire the shares at a price higher thanthe higher of (i) the price of the last independent trade and (ii) thehighest current independent purchase bid on the regulated market of theWSE.

3. The Company shall not purchase on any trading day more than 25 % ofthe average daily volume of the shares on the regulated market of theWSE in accordance with article 3(3) of the Delegated Regulation.

The Company will ensure adequate public disclosure of the information onthe transactions relating to the Programme no later than by the end ofthe seventh daily market session following the date of execution of suchtransactions and will also disclose a summary of the completion of theProgramme.

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.