Current Report No.: 27/2024

Date: September 20, 2024

The Management Board of Vigo Photonics S.A. with its registered office in Ożarów Mazowiecki (the "Company", "Issuer"), hereby announces that on September 20, 2024, it decided to commence a review of strategic options regarding the further development of the Company. The purpose of the review of strategic options is to analyze and assess possible courses of action for the further development of the Company, including financing the development of photonic integrated circuit (PIC) technology, as well as infrared (IR) detectors and modules and other products of the Company.

The Company will consider possible strategic options, which may include acquiring a financial or strategic investor, or conducting another transaction that may result in a change in the shareholder structure of the Company. In the course of the review of strategic options, the Company may engage in talks with various entities, and selected entities, to the extent permitted by applicable law, may be provided with additional information about the Company and its activities.

The Company has engaged a financial advisor - PWC Advisory and a legal advisor - DLA Piper to support the activities of the Company's Management Board in connection with the review of strategic options.

At the same time, the Management Board of the Company informs that no decision regarding the selection of any strategic option has been made and it is not certain whether and when such a decision will be made. The Company will provide public information on the progress of the process of reviewing strategic options in accordance with applicable legal regulations.

During the review of strategic options, the Company will continue to implement the adopted strategy and operational plan.

Legal basis: Article 17 section 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 Directives 2003/124/EC, 2003/125/EC and 2004/72/EC.