Settlement of a Share Buyback

Huuuge, Inc. (the _quot;Issuer_quot; or the _quot;Company_quot;) hereby reports that, as aresult of the settlement of the acquisition and transfer of ownership ofthe shares offered in response to a time-limited invitation to submit tothe Company sale offers relating to shares in the Company, at apre-determined and fixed price per share, open to all shareholders ofthe Company (the _quot;Invitation_quot;) (the _quot;SBB_quot;) announced by the Company on30 May 2023 in the current report no. 19/2023 (as subsequently amendedand announced by the Company in current report no. 23/2023 on 19 June2023), the Company acquired 17,121,919 of its common shares thatrepresent 20.32% of the share capital of the Company and that entitledtheir holders to exercise 21.42% of the total number of votes at thegeneral meeting of the Company for a total consideration of USD149,999,996.

The settlement of the SBB took place on 4 July 2023 (the _quot;SettlementDate_quot;) outside the organized system of trading in financial instrumentsthrough IPOPEMA Securities S.A. The acquisition was made at a grossprice of USD 8.7607. Amounts due to investors, after withholding ofapplicable taxes, have been converted from USD to PLN in accordance withthe interbank exchange rate applicable as of 3 July 2023 (as the daypreceding the Settlement Date), which is 4.0735.

The shares were acquired on the basis of the Company's Board ofDirectors resolution dated 30 May 2023 launching the acquisition of theCompany's common shares listed on the Warsaw Stock Exchange by way of atime-limited Invitation to Sell, establishing detailed conditions andprocedures for participation in and execution of the SBB.

Prior to the SBB settlement, the Company owned 4,314,211 common sharesthat represented 5.12% of the Company's share capital and did notentitle the Company to voting rights. Following the settlement of theSBB, the Company owns a total of 21,436,130 shares that represent 25.44%of the Company's share capital and do not entitle the Company to votingrights. Consequently, following the settlement of the SBB, there are84,246,697 shares of the Company outstanding and conferring 62,810,567votes in total at the general meeting of the Company.

The Company acquired the shares under the SBB with the intention thatthe shares will be retired, other than those shares necessary, in theCompany's view, to satisfy its ongoing needs under the Company'semployee stock option plans. Treatment of the acquired shares will bedetermined in due course by the Issuer's Board of Directors, inaccordance with its Certificate of Incorporation.

Also, the Company hereby reports that several SBB acquisitiontransactions were concluded with related parties within the meaning ofthe IAS 24 (each a _quot;Related Party_quot;) and the Company's Related PartyTransactions Policy, published on the Company's website. As a result ofthe SBB, the Company concluded acquisition transactions with thefollowing Related Parties:

1. Big Bets O_#220; (as an entity controlled by Anton Gauffin, executivedirector, President and CEO), the transaction value of USD 48,697,087;

2. RPII HGE LLC (as an entity holding one Series A Preferred Share,giving RPII HGE LLC the right to appoint one director of the Company),the transaction value of USD 20,571,184;

together the _quot;Material Transactions_quot;.

The settlement of all Material Transactions took place together with theSBB settlement on 4 July 2023 outside the organized system of trading infinancial instruments through IPOPEMA Securities S.A.

Considering the fact that the shares in the SBB were offered in responseto a time-limited invitation to submit to the Company sale offersrelating to shares in the Company, at a pre-determined and fixed priceper share, open to all shareholders of the Company, the MaterialTransactions were concluded on an arm's-length basis and are justifiedin the interest of the Company and shareholders which are not RelatedParties, including minority shareholders, in particular considering theintention that the shares will be retired, other than those sharesnecessary, in the Company's view, to satisfy its ongoing needs under theCompany's employee stock option plans.

Legal basis: Article 17 (1) of the MAR.