11/2025Initiation of consultation procedure on downsizing at Wyborcza sp. z o.o.

Regulatoryfiling

The ManagementBoard of Agora S.A. hereby informs that on June 26, 2025, the ManagementBoard of Wyborcza sp. z o.o. ("Company"), subsidiary of Agora S.A., inaccordance with the Act of March 13, 2003 on Special Rules forTermination of Employment for Reasons Not Attributable to Employees,resolved to initiate the consultation on group layoffs with the tradeunion operating in the Company. Additionally, in accordance with the Actof April 7, 2006 on informing and consulting employees, the Company'sworks council shall also be consulted on the group layoff process.

The intention ofthe Company is to lay off up to 49 employees of the Company in thefields of Print and Print and Distribution Operational Support (whichconstitutes ca. 9.7% of employees of the Company as of June 26, 2025)between July 21 and August 31, 2025.

The reason for theintended group layoffs is the process of ceasing the printing businessconducted by the Company, of which Agora S.A. informed in regulatoryfilings Nos. 9/2025 and 10/2025 dated June 26, 2025.

The Company shallgo through these changes in a thought out manner and with care for itsemployees, offering the dismissed employees statutory severance paymentsand additional protective and supportive initiatives, which shall be thesubject of consultations with the trade union.

On June 26, 2025the Management Board of the Company shall request the trade unionoperating at the Company and the Company's works council to join in theconsultation on collective redundancy process and shall provide therelevant Labor Office with information on the intention to execute grouplayoffs in the Company.

Agora S.A. shallpublish a regulatory filing on collective redundancies after the processof consultation with trade union and works council operating at theCompany, as required by the law, is finalized. This regulatory filingshall also include information on the estimated amount of provisionrelated to the restructuring of employment in the Company. The finaldata regarding the effect of employment restructuring on the financialresults of the Agora Group shall be published in the consolidatedfinancial statements of the Agora Group for the financial year endingDecember 31, 2025.

Legal basis:article 17, paragraph 1 of the Regulation of the European Parliament andCouncil Regulation (EC) No. 596/2014 of April 16th, 2014 on market abuse(Regulation on Market Abuse) and repealing Directive 2003/6/EC of theEuropean Parliament and of the Council and the Commission Directive2003/124/EC, 2003/125/EC and 2004/72/EC (Acts. Office.EC L 173, 06.12.2014).