The Management Board of SimFabric S.A. with its registered office inWarsaw (hereinafter referred to as: the Company, the Issuer) informsthat, after analyzing the current financial situation of the Company,future investments and assumed revenues, on March 18, 2021, it made adecision to recommend to the nearest Ordinary General Meeting thedistribution of the net profit for 2020 :

a) proposes to allocate PLN 1,500,000.00 (in words: one million fivehundred thousand zlotys) to dividends for shareholders, i.e. PLN 0.24(in words: twenty four groszy) per share;

b) the amount of 1,931,072.58 (in words: one million nine hundred thirtyone thousand seventy two zlotys 58/100) is proposed to be allocated toincreasing the supplementary capital.

The recommendation of the Management Board of the Company will beapproved by the Supervisory Board of the Company. The final decision onthe distribution of the Company's net profit for 2020 will be made bythe General Meeting.

The Issuer's Management Board decided to publish the above informationin connection with its possible, significant impact on the valuation ofthe Issuer's financial instruments listed in the alternative tradingsystem on the NewConnect market.