Kernel Holding S.A. — AGM Information 2022

Oct 26, 2022

Current report no 37/2022 dated 19 August 2022

NOTICE TO THE SHAREHOLDERS

Kernel Holding S.A. (the "Company") hereby notice you on the

CANCELATION OF THE EXTRAORDINARY GENERAL MEETING OF SHAREHOLDERS

Due to the occurred issue associated with the delayed publication of the four current reports in the ESPI system (including two current reports related to the convening of the extraordinary general meeting of shareholders to be held on 22 August 2022 (the "EGM")), which is explicitly covered in the published Current report no 36/2022 dated 19 August 2022, the Board of Directors acknowledges that the Company has not been in a position to comply with all of its obligations under the Luxembourg law of 24 May 2011 on the exercise of certain shareholders' rights at general meetings of listed companies and therefore the EGM may not be validly held on 22 August 2022 at 3 p.m. Luxembourg time, as contemplated.

As a result, the Board of Directors of the Company has decided to cancel the EGM and to convene the new Extraordinary General Meeting of Shareholders with the same agenda, with the convening notice to follow.

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Legal grounds: Art. 17 of REGULATION (EU) No 596/2014 OF THE EUROPEAN PARLIAMENT AND OF THE COUNCIL of 16 April 2014 on market abuse (market abuse regulation) and repealing Directive 2003/6/EC of the European Parliament and of the Council and Commission Directives 2003/124/EC, 2003/125/EC and 2004/72/EC.

Signatures of individuals authorized to represent the Company:

Anastasiia Usachova

Yuriy Kovalchuk