Current report number 29/2023 from the July 14, 2023.

Management Board of VIGO Photonics S.A. (“Company”, “Issuer”) informs that on  July
31, 2023, between the Issuer and a company from the Caterpillar Company Inc. capital group. (“Counterparty”) a purchase and sale agreement was concluded with a value of EUR 3,672,250.00 (i.e. PLN 16 252 277 according to the average exchange rate announced by the National Bank of Poland on the day preceding the date of conclusion of the agreement).

The subject of the agreement is the sale of infrared detectors by the Company in the period until May 30, 2025, with the possibility of postponing the delivery date to August 30, 2025 at the latest.

The value of the concluded contract exceeds 10% of the Company’s equity and thus constitutes a criterion for recognizing it as a significant contract.

The agreement does not contain provisions on contractual penalties and does not stipulate any conditions or termination or suspensive dates.

In the contract, the parties included provisions on the possibility of withdrawing from the contract or suspending the delivery. The contractor has the right to terminate the contract in the event of failure to meet certain quality parameters or significant delays in delivery. The Company has the right to withdraw from the contract in the event of non-payment by the Counterparty above the limit agreed in the contract.

Other arrangements do not differ from generally applicable market conditions.

Legal basis: art. 17 sec. 1 of Regulation (EU) No. 596/2014 of the European Parliament and of the Council of 16 April 2014 on market abuse (Market Abuse Regulation) and repealing Directive 2003/6/EC of the European Parliament and of the Council and Commission Directive 2003/124 /EC, 2003/125/EC and 2004/72/EC (“MAR Regulation”).