Kernel Holding S.A. — Director's Dealing 2022

Mar 18, 2022

Current report no 17/2022

dated 18 March 2022

NOTIFICATION OF MANAGER'S TRANSACTION

Kernel Holding S.A., a company with registered office in Luxembourg (the "Company") hereby announces that on 18 March 2022 the Company received a notification of manager's transactions pursuant to Art. 19 of the Market Abuse Regulation from the legal entity closely associated with the person discharging managerial responsibilities within the Company:

Instrument:	Shares of Kernel Holding S.A, ISIN code LU0327357389
Nature of transaction:	Disposal of shares
Price and volume:	Price PLN 32.00	Volume 6,601
Aggregated volume and price:	Price: PLN 32.00 per one share Volume: 6,601 shares
Date of transaction:	17 March 2022
Place of transaction:	XWAR – WSE stock market

Legal grounds: Article 19 of Regulation (EU) No 596/2014 of the European Parliament and of the Council of 16 April 2014 on market abuse (Market Abuse Regulation).

Signatures of individuals authorized to represent the Company:

Viktoriia Lukianenko

Anastasiia Usachova