Selvita S.A. (WSE:SLV) agreed to acquire PozLab sp. z o.o from YouNick Mint Sp. z o.o. for PLN 25 million on March 27, 2024. The consideration PLN 21 million will be paid on the day of acquisition of the Shares and PLN 4 million will be retained by the Issuer for a period of up to 12 months from the date of closing the Transaction as security for any, specifically enumerated in the Agreement, events or claims by third parties against PozLab, as well as to secure settlements related to price adjustments. The acquisition of shares will be financed from the issuer's own funds. The Issuer will consider refinancing the Transaction with debt in the future. Upon the fulfillment of the following conditions: i) obtaining the consent of the National Centre for Research and Development (in Polish: Narodowe Centrum Badan i Rozwoju), granted in at least documentary form, for the acquisition of all Shares by the Issuer; and ii) completion of the capital restructuring process of the Seller's group by concluding, between PozLab and a third party designated by the Seller, an agreement for the sale of 100% of the shares in Applied Manufacturing Science sp. z o.o., a subsidiary of PozLab. The parties may agree on a different closing date. In the event of non-fulfillment of the Suspensive Conditions by September 30, 2024, the Issuer is entitled to withdraw from the Preliminary Agreement. In 2023, PozLab recorded revenues of PLN 15.3 million and estimated EBITDA of PLN 1.7 million. The completion of the transaction is dependent on obtaining consent from the National Centre for Research and Development for the acquisition. The transaction is expected to be closed on 30th business day.

Selvita S.A. (WSE:SLV) completed the acquisition of PozLab sp. z o.o from YouNick Mint Sp. z o.o. on May 7, 2024.