Asbis Enterprises PLC — M&A Activity 2022

Feb 11, 2022

Title: Disposal of AVECTIS ALC

Legal basis: Art. 17 ust.1 MAR - inside information

Message:The Board of Directors of ASBISc Enterprises Plc ("Issuer")hereby announces, that on the 11th of February, 2022, the Issuer wasinformed that the agreement, according to which Atlantech Ltd - asubsidiary company of ASBIS sold 100% shares of the company AVECTIS ALCwith its registered office in Minsk (Belarus), entered into force.

The total value of the transaction was USD 228,610.

The reason behind the sale of shares in AVECTIS ALC was the change ofstrategy of the Group.