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Kernel Holding S.A. Major Shareholding Notification 2023

May 1, 2023

5669_mrq_2023-05-01_922fc6a8-2535-43ac-97d4-515a3c4c10fc.pdf

Major Shareholding Notification

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Current report no 18/2023

dated 01 May 2023

CHANGE IN A SUBSTANTIAL BLOCK OF SHARES IN KERNEL HOLDING S.A.

Kernel Holding S.A. (herein "the Company") informs that on 28 April 2023 it received a notification of major holdings about crossing the 5% threshold of voting rights, pursuant to the provisions of articles 8 and 9 of the Law of 11 January 2008 on Transparency Requirements for Issuers of Grand Duchy of Luxembourg. The respective notice is published and available on Company's website: https://www.kernel.ua/investor-relations/ownership-structure/.

Legal grounds: Art. 11 of the Law of 11 January 2008 on transparency requirements for issuers of Grand Duchy of Luxembourg.

Signatures of individuals authorized to represent the Company:

Yuriy Kovalchuk

Anastasiia Usachova