Vigo Photonics S.A.

AGM Information • Jun 29, 2023

Cancellationof the Extraordinary General Meeting of Shareholders of VIGO PhotonicsS.A. convened on July 10, 2023

TheManagement Board of the company under the name VIGO Photonics SpółkaAkcyjna with its registered office in Ożarów Mazowiecki at ul. Poznańska129/133, 05-850 Ożarów Mazowiecki, entered into the Register ofEntrepreneurs of the National Court Register by the District Court forthe Capital City of Warsaw in Warsaw, 14th Commercial Division of theNational Court Register under KRS number 0000113394, NIP 527-020-73-40,REGON 010265179, with share capital: PLN 729,000.00 fully paid up(hereinafter referred to as the _quot;Company_quot;), in reference to the ESPICurrent Report No. 25/2023 of June 13, 2023, in which it was announcedthat the Extraordinary General Meeting of the Company was convened forJuly 10, 2023 (hereinafter the _quot;General Meeting_quot;), hereby informs aboutthe cancellation of the General Meeting.

Thesubject of the General Meeting planned by the Management Board of theCompany was to increasing the Company's share capital by issuing seriesF shares in order to raise additional funds for the Company to supportfurther development of its core business as well as initiatives aimed atscaling up the Company's operations, including development of salesstructures, development of infrared detector matrix technology, and aswell as photonic integrated circuit (PIC) technology, including theinitial phase of the IPCEI ME/CT project. Information on the EuropeanCommission's decision approving the amount of state aid for theCompany's project implemented as part of the integrated European projectIPCEI ME/CT _quot;Important Projects of Common European Interest inMicroelectronics and Communication Technologies_quot; was provided by theCompany in Current Report No. 22/2023 of June 9, 2023.

Thereason for the cancellation of the General Meeting is the submission bya shareholder of the Company of a request to cancel the convened GeneralMeeting and to convene another General Meeting at a later date in orderto enable the current shareholders to make an in-depth analysis of theCompany's long-term financing strategy, with particular emphasis on thefinancial needs resulting from the development of the existing businessand related joining the IPCEI ME/CT project, as well as clarifying withthe Company the role of the current shareholders in the implementationof the Company's long-term financing strategy.

TheManagement Board of the Company recognizes that the decision of theGeneral Meeting regarding the increase of the Company's share capitalshould be made after the present shareholders have made theabove-mentioned analysis. Considering the above and for the good of theCompany, the Management Board decided to accede to the shareholder'srequest to cancel the General Meeting.

TheManagement Board indicates that it will convene the ExtraordinaryGeneral Meeting again, which will be announced in a separate currentreport and on its website.