Kernel Holding S.A. — Director's Dealing 2023

Sep 4, 2023

Current report no 33/2023

dated 04 September 2023

NOTIFICATION OF MANAGER'S TRANSACTION

Kernel Holding S.A., a company with registered office in Luxembourg (the "Company") hereby announces that on 04 September 2023 the Company received a notification of manager's transaction pursuant to Art. 19 of the Market Abuse Regulation from the legal entities closely associated with the persons discharging managerial responsibilities within the Company:

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Namsen Limited
2	Reason for the notification
a)	Position/status	A person closely associated with a person
		discharging management responsibilities, i.e. Mr.
		Andrii Verevskyi, in his position as a Chairman of
		the Board of Directors of Kernel Holding S.A.
b)	Initial notification/Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform,
	auctioneer or auction monitor
a)	Name	Kernel Holding S.A.
b)	LEI	5493003GR6L4DZOS2U12
4	Details of the transaction(s):
		section to be repeated for (i) each type of instrument; (ii) each type of transaction;
	(iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial	Shares in Kernel Holding S.A.
	instrument, type of instrument	ISIN: n/a (registered form of shares)
	Identification code
b)	Nature of the transaction	Subscription
c)	Price(s) and volume(s)	Price	Volume
		USD 0.2777	212,634,916
d)	Aggregated information
	- Aggregated volume		212,634,916
	- Price		0.2777 PLN
e)	Date of the transaction	01 September 2023
f)	Place of transaction	Outside the trading venue

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