The Management Board of MBF Group S.A. with its registered office inWarsaw (the 'Issuer', 'Company') hereby announces that on 3 November2025, two framework agreements were signed with Spider UAV Co., Ltd.with its registered office in Hangzhou (China) - a mutual non-disclosureand non-circumvention agreement (Mutual NDA/NCNDA) and a letter ofintent / memorandum of understanding (LoI/MoU).
The Management Board announces that the parties have agreed that thecooperation will be conducted exclusively in the area of civil projects,including so-called dual-use projects, understood in this context assolutions with dual technological applications, which are primarilycivil in nature, but which can potentially be used in industrial,infrastructure or public safety sectors, without combat or military use.It has been agreed that all joint work, tests and demonstrations will beof a civil nature and will be carried out in accordance with EuropeanUnion law and the export regulations of the People's Republic of China.
Under the LoI/MoU, it was agreed that Spider UAV could act as a supplierof VTOL/heavy-lift platforms, together with technical support, trainingand advice on the configuration and operation of unmanned systems, whilethe Company would act as a leader and technology integrator in theEuropean Union. The parties agreed on a phased flow of information.Extended technical documentation will only be made available at laterstages of cooperation, under separate agreements and after meeting thelicensing requirements under export regulations.
Spider UAV has confirmed its intention to join the MBF Advisory Alliance(MAA) - an advisory and expert platform established by MBF Group S.A. -after completing the trial phase and delivering the first test unit. Thepartner's participation will be of a 'light-touch' nature, includingtechnical consultations, exchange of experiences and periodic expertmeetings without establishing exclusivity or permanent obligations onthe part of Spider UAV.
The Issuer considers this information to be confidential within themeaning of Article 17(1) of MAR due to its impact on the further stagesof development of the Company's UAV/C-UAS programmes, its potentialimpact on future revenues and on the development of the Issuer's supplychains and technological competences.