Fabrity Holding S.A

Earnings Release • Jun 4, 2019

The estimated operational and sales data of subsidiaries AfortiFinance S.A., Aforti Finance Romania IFN S.A., Aforti Exchange S.A.,Aforti Exchange Romania S.A., Aforti Collections S.A. and Aforti FactorS.A. - May 2019The board of Aforti Holding S.A. ("theCompany", "the Issuer") headquartered in Warsaw hereby announces to thepublic the estimated operational and sales results of the Issuer'ssubsidiaries: Aforti Finance S.A., Aforti Exchange S.A., Aforti ExchangeRomania S.A., Aforti Collections S.A. and Aforti Factor S.A. - for May20191) The estimated operational and sales results of AfortiFinance S.A. for May 2019:In May 2019 Aforti Finance S.A. granted 15loans (decrease by 71.70%) with a total value of PLN 2 204.62 thousand,which is a decrease of 67.01% compared to the same month of 2018. Thevalue of submitted applications amounted to PLN 28 835.90 thousand andthat is a result lower by 39.67% compared to the same period of theprevious year. In May 2019, there were filed 159 loan applications, whatin relation to the same month of 2018 is a reduction of 50.77%.Cumulatively,after five months of 2019, Aforti Finance SA granted 84 loans (69.23%less YoY) with total value PLN 11 519.76 thousand and it is a decreaseby 60.55% compared to 2018. In the period from January to the end of May2019, there were filed 762 loan applications with total value PLN 115684.00 thousand. The number of submitted applications was reduced by51.46%, and their total value by 40.77% in relation to the same periodin the previous year.2) The estimated operational and salesresults of Aforti Finance Romania IFN S.A. for May 2019:In May 2019,Aforti Finance Romania IFN S.A. - an entity operating in Romania -accepted the next entrepreneurs' applications for non-banking loans.Last month, Romanian entrepreneurs submitted 4 applications with a totalvalue of RON 640.85 thousand.During the first two months Company'soperation, it received 7 applications in total. The value of thoseapplications was RON 1 454.05 thousand, which is an increase of 126.89%month to month.On 31/10/2018, the Company obtained a license ofa non-banking financial institution (IFN) allowing it to start operatingactivities.3) The estimated operational and sales results ofAforti Exchange S.A. for May 2019:The currency exchange platform'sturnover in May 2019 reached EUR 40 386.67 thousand and was higher by57.53% compared to the same period of the previous year.At the sametime, after five months of the 2019, the turnover reached the level ofEUR 178 605.88 thousand, an increase of 97.45% year-on-year.4)The estimated operational and sales results of Aforti Exchange RomaniaS.A. for May 2019 :The value of trading on the currency exchangeplatform in Romania in May 2019 amounted to EUR 11 920.86 thousand whichis an increase of 113.64% in relation to May 2018.In the period fromJanuary to the end of May 2019, Aforti Exchange Romania S.A. recordedEUR 53 680.82 thousand of the total turnover value, which in comparisonto the previous year is an increase of 241.18%.5) The totalestimated operational and sales data of Aforti Exchange for May 2019:Thetotal value of trading on the currency exchange platforms of AfortiExchange operated in Poland and in Romania in May 2019 amounted to EUR52 307.53 thousand, which in comparison to the same period in theprevious year means an increase of 67.56%.At the same time,cumulatively after the five months of 2019 the total value of turnoverreached the level of EUR 232 286.70 thousand and it increasedyear-on-year by 118.75%.6) The estimated operational and salesresults of Aforti Collections S.A. for May 2019:Nominal value ofdebt collection commissions on May 2019 reached PLN 48 019.30 thousand.This is an increase by 5781.49% YoY. The number of recovery ordersamounted to 10 334 and was higher by 12817.50% compared to May 2018. Thecompany concluded one contract in the indicated month.Cumulatively,after five months of 2019, the nominal value of the debt collectionorders amounted to PLN 189 743.93 thousand, which is an increase by2100.83% year-on-year. The number of orders also increased by 3542.79%to 37 120. At the same time, the number of debt recovery agreementsconcluded after the five months of 2019, increased by 36.84% to 26.7)The estimated operational and sales results of Aforti Factor S.A. forMay 2019:In May 2019 the value of receivables financed by AfortiFactor S.A. amounted to PLN 4 306.07 thousand and was higher by 140.26%than in the previous year.Further, after five months current year,this value reached level of PLN 16 331.15 thousand, recording anincrease of 159.93% year-on-year.

A table containing estimated additional data, reported for May 2018together with the comparative data, can be found in an annex to thecurrent report.

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