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Proguns Group S.A..

Report Publication Announcement • Jan 16, 2026

9676_rns_2026-01-16_5a9632f3-cadd-4e24-a55b-589eca495888.html

Report Publication Announcement

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Report Content The Management Board of Proguns Group S.A., with itsregistered office in Warsaw (the "Issuer"), announces that on 16 January2026 the Issuer entered into an agreement with Forum 119 Closed-EndInvestment Fund, with its registered office in Kraków, for thesubscription of the Issuer's Series G shares. Pursuant to thisagreement, Forum 119 Closed-End Investment Fund subscribed for 4,519,167Series G bearer shares of the Issuer in exchange for a cash contributionin the total amount of PLN 20,019,909.81.

The Issuer explains that the subscription by Forum119 Closed-End Investment Fund for the Issuer's Series G sharesconstitutes the implementation of the provisions of the investmentagreement concluded by Forum 119 Closed-End Investment Fund, NiewiadówPolska Grupa Militarna S.A., Zakłady Sprzętu Precyzyjnego Niewiadów sp.z o.o., Fabryka Amunicji Pocisk S.A., and the Issuer, which the Issuerreported in current report ESPI No. 3/2026 on 16 January 2026.