Current
reports

Share buyback

The Management Board of MERCOR S.A. (the “Company”, the “Issuer”) reports that the brokerage house Santander Bank Polska S.A. – Santander Biuro Maklerskie, acting for the account of the Issuer, executed the following transactions under the share buy-back programme approved by Resolution No. 5 of the Extraordinary General Meeting of the Company dated June 30th 2020 (the “Resolution”) (see Current Report No. 16/2020 of July 1st 2020):

• on March 8th 2023, it purchased 1,319 Company shares at an average price of PLN 17.35 per share. The total value of the purchased shares was PLN 22,884.65. The purchased shares represent 0.00842% of the Company’s share capital and total voting rights;
• on March 9th 2023, it purchased 1,350 Company shares at an average price of PLN 17.256 per share. The total value of the purchased shares was PLN 23,296.25. The purchased shares represent 0.00862% of the Company’s share capital and total voting rights;
• on March 10th 2023, it purchased 1,298 Company shares at an average price of PLN 17.457 per share. The total value of the purchased shares was PLN 22,658.85. The purchased shares represent 0.00829% of the Company’s share capital and total voting rights.

The total number of treasury shares held by the Issuer, including the shares purchased in those transactions, is 103,135. They represent 0.65865% of the Company’s share capital and total voting rights.

The Issuer publishes, attached hereto, a list with detailed particulars of the transactions executed under the share buy-back programme between March 6th and March 10th 2023.

Legal basis: Article 2 (3) of Commission Delegated Regulation (EU) 2016/1052 of March 8th 2016 supplementing Regulation (EU) No 596/2014 of the European Parliament and of the Council with regard to regulatory technical standards for the conditions applicable to buy-back programmes and stabilisation measures in conjunction with Article 5 of Regulation (EU) No 596/2014 of the European Parliament and of the Council of April 16th 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

Value of new orders in February 2023 and in September 2022 – February 2023

The Management Board of MERCOR S.A. reports that the value of new orders received by the Mercor Group in February 2023 was about PLN 43.0m, compared with PLN 35.2m in the same period last year, an increase of 22%.

In the period from September 2022 to February 2023, the Group secured new orders worth about PLN 296.4m, compared with PLN 241.0m in the same period a year earlier, an increase of 23%.

Legal basis: Article 17(1) of MAR – Inside information

Judgment given by Provincial Administrative Court in Gdańsk on February 28th 2023

The Management Board of MERCOR S.A. of Gdańsk (the “Company”) announces that on February 28th 2023 the Provincial Administrative Court in Gdańsk held hearings in cases initiated by the Company’s complaints against decisions issued by the Head of the Tax Administration Chamber in Gdańsk regarding corporate income tax for the tax year from April 1st 2012 to March 31st 2013 and default interest on advances for this tax.

Having reviewed the complaints filed by the Company, the Provincial Administrative Court in Gdańsk repealed the contested decisions and awarded the costs of the proceedings from the Head of the Tax Administration Chamber to the Company.

The judgment is not final.

The Company is currently awaiting delivery of the judgments, along with reasons.

Legal basis: Article 17(1) of MAR – Inside information

Share buyback

The Management Board of MERCOR S.A. (the “Company”, the “Issuer”) reports that the brokerage house Santander Bank Polska S.A. – Santander Biuro Maklerskie, acting for the account of the Issuer, executed the following transactions under the share buy-back programme approved by Resolution No. 5 of the Extraordinary General Meeting of the Company dated June 30th 2020 (the “Resolution”) (see Current Report No. 16/2020 of July 1st 2020):

• on February 27th 2023, it purchased 248 Company shares at an average price of PLN 16.249 per share. The total value of the purchased shares was PLN 4,029.85. The purchased shares represent 0.00158% of the Company’s share capital and total voting rights;
• on February 28th 2023, it purchased 1,108 Company shares at an average price of PLN 16.297 per share. The total value of the purchased shares was PLN 18,057.05. The purchased shares represent 0.00708% of the Company’s share capital and total voting rights;
• on March 1st 2023, it purchased 1,130 Company shares at an average price of PLN 16.283 per share. The total value of the purchased shares was PLN 18,399.40. The purchased shares represent 0.00722% of the Company’s share capital and total voting rights;
• on March 2nd 2023, it purchased 1,206 Company shares at an average price of PLN 16.031 per share. The total value of the purchased shares was PLN 19,332.80. The purchased shares represent 0.00770% of the Company’s share capital and total voting rights;
• on March 3rd 2023, it purchased 1,229 Company shares at an average price of PLN 16.181 per share. The total value of the purchased shares was PLN 19,886.90. The purchased shares represent 0.00785% of the Company’s share capital and total voting rights.

The total number of treasury shares held by the Issuer, including the shares purchased in those transactions, is 99,186. They represent 0.63332% of the Company’s share capital and total voting rights.

The Issuer publishes, attached hereto, a list with detailed particulars of the transactions executed under the share buy-back programme between February 27th and March 3rd 2023.

Legal basis: Article 2 (3) of Commission Delegated Regulation (EU) 2016/1052 of March 8th 2016 supplementing Regulation (EU) No 596/2014 of the European Parliament and of the Council with regard to regulatory technical standards for the conditions applicable to buy-back programmes and stabilisation measures in conjunction with Article 5 of Regulation (EU) No 596/2014 of the European Parliament and of the Council of April 16th 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

Value of new orders in January 2023 and in August 2022 –January 2023

The Management Board of MERCOR S.A. reports that the value of new orders received by the Mercor Group in January 2023 was about PLN 57.7m, compared with PLN 31.4m in the same period last year, an increase of 84%.

In the period from August 2022 to January 2023, the Group secured new orders worth about PLN 301.7m, compared with PLN 234.2m in the same period a year earlier, an increase of 29%.

Legal basis: Article 17(1) of MAR – Inside information

Resolutions passed by Extraordinary General Meeting of MERCOR S.A.

The Management Board of MERCOR S.A. hereby publishes, as an appendix to this report, the contents of the resolutions passed by the Extraordinary General Meeting of the Company held on January 26th 2023.

The Extraordinary General Meeting did not leave any agenda items unaddressed.

No objections were raised for the record.

Legal basis: Par. 19.1.6–9 of the Minister of Finance’s Regulation on current and periodic information to be published by issuers of securities and conditions for recognition as equivalent of information whose disclosure is required under the laws of a non-member state

List of shareholders holding 5% or more of total voting rights in the Company participating in the Extraordinary General Meeting of MERCOR S.A.

The Management Board of MERCOR S.A. hereby publishes, as an attachment to this report, a list of shareholders holding 5% or more of total voting rights at the Extraordinary General Meeting of the Company held on January 26th 2023.

Legal basis: Art. 70.3 of the Act on Public Offering

Share buyback

The Management Board of MERCOR S.A. (the “Company”, the “Issuer”) reports that the brokerage house Santander Bank Polska S.A. – Santander Biuro Maklerskie, acting for the account of the Issuer, executed the following transactions under the share buy-back programme approved by Resolution No. 5 of the Extraordinary General Meeting of the Company dated June 30th 2020 (the “Resolution”) (see Current Report No. 16/2020 of July 1st 2020):

• on January 23rd 2023, it purchased 264 Company shares at an average price of PLN 14.00 per share. The total value of the purchased shares was PLN 3,696.00. The purchased shares represent 0.00169% of the Company’s share capital and total voting rights;
• on January 24th 2023, it purchased 265 Company shares at an average price of PLN 14.425 per share. The total value of the purchased shares was PLN 3,822,50. The purchased shares represent 0.00169% of the Company’s share capital and total voting rights.

The total number of treasury shares held by the Issuer, including the shares purchased in those transactions, is 94,247. They represent 0.60189% of the Company’s share capital and total voting rights.

The Issuer publishes, attached hereto, a list with detailed particulars of the transactions executed under the share buy-back programme between January 23rd and January 24th 2023.

Legal basis: Article 2 (3) of Commission Delegated Regulation (EU) 2016/1052 of March 8th 2016 supplementing Regulation (EU) No 596/2014 of the European Parliament and of the Council with regard to regulatory technical standards for the conditions applicable to buy-back programmes and stabilisation measures in conjunction with Article 5 of Regulation (EU) No 596/2014 of the European Parliament and of the Council of April 16th 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

Notice of full-year and interim results in 2023

The Management Board of MERCOR S.A. hereby publishes the schedule of its full-year and interim results to be released in 2023:

First and third quarter interim results:

• Q3 FY 2022/2023 consolidated report covering the period October 1st 2022–December 31st 2022: February 24th 2023;
• Q1 FY 2023/2024 consolidated report covering the period April 1st 2023–June 30th 2023: August 18th 2023.

The Company further announces that no separate quarterly results will be released and its consolidated quarterly reports will incorporate the information referred to in Par. 62.1 of the Minister of Finance’s Regulation on current and periodic information to be published by issuers of securities and conditions for recognition as equivalent of information whose disclosure is required under the laws of a non-member state, dated March 29th 2018 (Dz. U. of 2018, item 757).

Half-year interim results:

• H1 FY 2023/2024 consolidated report (with the condensed half-year financial statements and the auditor’s report) covering the period April 1st 2023–September 30th 2023: December 1st 2023.

Full-year results:

• FY 2022/2023 separate full-year report covering the period April 1st 2022–March 31st 2023: July 3rd 2023;
• FY 2022/2023 consolidated full-year report covering the period April 1st 2022–March 31st 2023: July 3rd 2023.

To recall an earlier announcement: pursuant to Resolution No. 7 of the Extraordinary General Meeting of MERCOR S.A. dated October 29th 2009, the Company’s financial year runs from April 1st to March 31st.

Legal basis:
Par. 80.1 of the Minister of Finance’s Regulation on current and periodic information to be published by issuers of securities and conditions for recognition as equivalent of information whose disclosure is required under the laws of a non-member state.

Share buyback

The Management Board of MERCOR S.A. (the “Company”, the “Issuer”) reports that the brokerage house Santander Bank Polska S.A. – Santander Biuro Maklerskie, acting for the account of the Issuer, executed the following transactions under the share buy-back programme approved by Resolution No. 5 of the Extraordinary General Meeting of the Company dated June 30th 2020 (the “Resolution”) (see Current Report No. 16/2020 of July 1st 2020):

• on January 18th 2023, it purchased 377 Company shares at an average price of PLN 14.05 per share. The total value of the purchased shares was PLN 5296.80. The purchased shares represent 0.00241% of the Company’s share capital and total voting rights;
• on January 19th 2023, it purchased 328 Company shares at an average price of PLN 13.85 per share. The total value of the purchased shares was PLN 4,542.80. The purchased shares represent 0.00209% of the Company’s share capital and total voting rights;
• on January 20ht 2023, it purchased 304 Company shares at an average price of PLN 13.95 per share. The total value of the purchased shares was PLN 4,240.80. The purchased shares represent 0.00194% of the Company’s share capital and total voting rights.

The total number of treasury shares held by the Issuer, including the shares purchased in those transactions, is 93,718. They represent 0.59851% of the Company’s share capital and total voting rights.

The Issuer publishes, attached hereto, a list with detailed particulars of the transactions executed under the share buy-back programme between January 18th and January 20th 2023.

Legal basis: Article 2 (3) of Commission Delegated Regulation (EU) 2016/1052 of March 8th 2016 supplementing Regulation (EU) No 596/2014 of the European Parliament and of the Council with regard to regulatory technical standards for the conditions applicable to buy-back programmes and stabilisation measures in conjunction with Article 5 of Regulation (EU) No 596/2014 of the European Parliament and of the Council of April 16th 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

Value of new orders in December 2022 and in July –December 2022

The Management Board of MERCOR S.A. reports that the value of new orders received by the Mercor Group in December 2022 was about PLN 44.0m, compared with PLN 46.8m in the same period last year, a decrease of 6%.

In the period from July to December 2022, the Group secured new orders worth about PLN 292.2m, compared with PLN 253.7m in the same period a year earlier, an increase of 15%.

Legal basis: Article 17(1) of MAR – Inside information

Share buyback

The Management Board of MERCOR S.A. (the “Company”, the “Issuer”) reports that the brokerage house Santander Bank Polska S.A. – Santander Biuro Maklerskie, acting for the account of the Issuer, executed the following transactions under the share buy-back programme approved by Resolution No. 5 of the Extraordinary General Meeting of the Company dated June 30th 2020 (the “Resolution”) (see Current Report No. 16/2020 of July 1st 2020):

• on January 4th 2023, it purchased 442 Company shares at an average price of PLN 13.35 per share. The total value of the purchased shares was PLN 5,900.70. The purchased shares represent 0.00282% of the Company’s share capital and total voting rights;
• on January 5ht 2023, it purchased 308 Company shares at an average price of PLN 13.438 per share. The total value of the purchased shares was PLN 4,138.80. The purchased shares represent 0.00197% of the Company’s share capital and total voting rights.

The total number of treasury shares held by the Issuer, including the shares purchased in those transactions, is 92,709. They represent 0.59207% of the Company’s share capital and total voting rights.

The Issuer publishes, attached hereto, a list with detailed particulars of the transactions executed under the share buy-back programme between January 4th and January 5th 2023.

Legal basis: Article 2 (3) of Commission Delegated Regulation (EU) 2016/1052 of March 8th 2016 supplementing Regulation (EU) No 596/2014 of the European Parliament and of the Council with regard to regulatory technical standards for the conditions applicable to buy-back programmes and stabilisation measures in conjunction with Article 5 of Regulation (EU) No 596/2014 of the European Parliament and of the Council of April 16th 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

Notification of exceeding 5% shareholding in Mercor

The Management Board of MERCOR S.A. publishes, attached as an appendix hereto, a notification, received pursuant to Art. 69 in conjunction with Art. 87.1.2b of the Act on Public Offering, Conditions Governing the Introduction of Financial Instruments to Organised Trading, and Public Companies, of an increase in the shareholding and percentage of total voting rights in MERCOR S.A. held jointly in Allianz OFE’s, Allianz DFE’s and Drugi Allianz OFE’s accounts above the 5% threshold.

Legal basis: Art. 70.1 of the Public Offering Act.

Share buyback

The Management Board of MERCOR S.A. (the “Company”, the “Issuer”) reports that the brokerage house Santander Bank Polska S.A. – Santander Biuro Maklerskie, acting for the account of the Issuer, executed the following transactions under the share buy-back programme approved by Resolution No. 5 of the Extraordinary General Meeting of the Company dated June 30th 2020 (the “Resolution”) (see Current Report No. 16/2020 of July 1st 2020):

• on December 27th 2022, it purchased 488 Company shares at an average price of PLN 13.40 per share. The total value of the purchased shares was PLN 6,539.20. The purchased shares represent 0.00312% of the Company’s share capital and total voting rights;
• on December 28ht 2022, it purchased 90 Company shares at an average price of PLN 13.40 per share. The total value of the purchased shares was PLN 1,206.00. The purchased shares represent 0.00057% of the Company’s share capital and total voting rights.

The total number of treasury shares held by the Issuer, including the shares purchased in those transactions, is 91,959. They represent 0.58728% of the Company’s share capital and total voting rights.

The Issuer publishes, attached hereto, a list with detailed particulars of the transactions executed under the share buy-back programme between December 27th and December 30th 2022.

Legal basis: Article 2 (3) of Commission Delegated Regulation (EU) 2016/1052 of March 8th 2016 supplementing Regulation (EU) No 596/2014 of the European Parliament and of the Council with regard to regulatory technical standards for the conditions applicable to buy-back programmes and stabilisation measures in conjunction with Article 5 of Regulation (EU) No 596/2014 of the European Parliament and of the Council of April 16th 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