Fabrity Holding S.A

Capital/Financing Update • Mar 26, 2019

Aforti Finance S.A. - the subsidiary, begins thenegotiations of the conditions of a final agreement on obtainingexternal financing

The Management Board of Aforti Holding S.A. with itsheadquarters in Warsaw (hereinafter: "Company", "Issuer"), in referenceto the current reports of ESPI: no. 32/2018 dated on 18/09/2018regarding the signing by the Issuer's subsidiary company: Aforti FinanceS.A. with its registered office in Warsaw (hereinafter: "AfortiFinance", "Subsidiary") of the special-purpose agreement and no. 6/2019dated on 13/03/2019 regarding a beginnig the negotations of the basicconditions of a transaction in order to obtaining external financing,hereby publishes that on March 25, 2019 it received information that theSubsidiary and a british investment fund (hereinafter: "Fund") finishedtheir negotations, and indeed they agreed on the terms of thepreliminary agreement (term sheet) of the parties, which the Subsidiatyreceived on March 12, 2019.Accordingto the accepted assumptions, the amount of the Fund's maximum commitmentto finance the Aforti Finance's loan campaign was kept at EUR 25 millionlevel.Signing a term sheet (adocument containing a proposal of pre-conditions for a transaction)means that Aforti Finance and the Fund in the coming days will beginnegotiations on the final terms of the financial agreement. One of thestages of these negotiations will be a due diligence, which will besubject to Subsidiary.It should benoted that, signing a term sheet does not constitute a final obligationto any of its parties. The obligation will be a financing agreement, inwhich the parties will determine the applicables conditions.Aninvestor who submitted the term sheet - the document containing theproposed preliminary terms of the transaction, is a British investmentfund (hereinafter: "the Fund") based in London, operating on theEuropean financial market since 2004. The Fund managed an assetportfolio valued at USD 4.3 billion on 31/12/2018.Incase of occurrence of new, significant circumstances regarding theabove-mentioned confidential information, the Issuer will publish therelevant current message.

Legal basis: Article 17 paragraph 1 of the MAR -confidential information