Conclusion of a key contract for the supply of table sugar toGołębiewski Holding Sp. z o.o.

The Management Board of MBF Group SA with its registered office inWarsaw (the 'Issuer', 'Company') hereby announces that on 17 July 2025,a contract was concluded with Gołębiewski Holding Sp. z o.o. with itsregistered office in Ciemne, branch TAGO, covering successive deliveriesof ICUMSA 45 food sugar in the period from 1 October 2025 to 31 March2026 ('Contract'). The total value of the Contract is approximately PLN4,450,000 (in words: four million four hundred and fifty thousandzlotys), which at the current exchange rate corresponds to approximatelyEUR 1,044,700 (one million forty-four thousand euros).

Deliveries will be made on DDP terms (Incoterms 2020) to a fixeddelivery location specified by the Buyer - the production plant of theTAGO confectionery brand. The Contract provides for a fixed unit pricethroughout its term and a 30-day payment term with a credit limit of upto 360 tonnes (15 x FTL). In matters not covered by the contract, theGeneral Terms and Conditions of Sale (GTCS) accepted by both Partiesshall apply.

The key provisions of the agreement and the GTCS include, among others:the Buyer's obligation to ensure efficient unloading conditions, theprinciple of immediate notification of any complaints (within 3 workingdays), the Seller's right to suspend further deliveries in the event ofpayment delays, and the transfer of risk to the Buyer upon delivery. Inaddition, the Goods remain the property of the Seller until full paymenthas been made, which secures the Issuer's interests in the event ofarrears.

Gołębiewski Holding Sp. z o.o. is a renowned capital group knownprimarily for operating a chain of four-star hotels and for implementingthe largest hotel project in Poland in Pobierowo. An integral part ofGołębiewski Holding is TAGO, a confectionery manufacturer based inCiemne near Warsaw, operating continuously since 1966. TAGO is one ofthe largest confectionery manufacturers in Poland, exporting itstraditional sweets, including biscuits, wafers, rolls and gingerbread,to over 60 countries on five continents.

Regardless of the signed Contract, by mutual agreement of both Parties,the Issuer began pilot deliveries two weeks ago. The purpose of thesedeliveries, which will continue until the end of September 2025, is toadjust the operational model of cooperation, optimise receipt anddocumentation procedures, and test the entire logistics chain using arecurring order system. The value of the pilot deliveries, whoseschedule and parameters have been agreed with the Counterparty, amountsto approximately PLN 521,500 (in words: five hundred and twenty-onethousand five hundred zlotys). The completion of the trial phase willenable a smooth transition to the regular performance of the maincontract in the fourth quarter of 2025.

At the same time, the Company informs that, in accordance with theprovisions of the contract, it is possible to extend its term by anothertwo quarters and increase the volume of deliveries to 4,500 tonnes. Inthe opinion of the Management Board, the scale and terms of thecooperation are of a strategic nature and will constitute the basis forthe Company's further operational development in the area of foodproduct trade.

The Management Board of MBF Group SA emphasises that the concludedContract is of a strategic nature and its implementation constitutes animportant step towards the implementation of the Company's ambitiousdevelopment strategy for 2024-2026 and beyond, both in terms of revenueand operating profitability. This agreement not only provides a stablesource of revenue in the fourth quarter of 2025 and the first quarter of2026, but also lays the foundation for the further expansion of MBFGroup SA in the food and industrial segments (also in cooperation withthe above-mentioned contractor).

The Issuer decided to publish this announcement due to the fact that theContract generates a solid financial basis that can be used to graduallydevelop new business segments with high barriers to entry (UAV, C-UAS,etc.), including those related to specialised technologies andinnovations with potential applications in the civil and industrialsectors. Furthermore, it will have a significant impact on revenuesalready in the first half of 2025.