Conclusion of a significant agreement

Management Board of VIGO Photonics S.A. (_quot;Company_quot;,_quot;Issuer_quot;) informs that on_#160;July31, 2023, between the Issuer and a company from the Caterpillar CompanyInc. capital group. (_quot;Counterparty_quot;) a purchase and sale agreement wasconcluded with a value of EUR 3,672,250.00 (i.e. PLN 16_#160;252_#160;277according to the average exchange rate announced by the National Bank ofPoland on the day preceding the date of conclusion of the agreement).

The subject of the agreement is the sale of infrareddetectors by the Company in the period until May 30, 2025, with thepossibility of postponing the delivery date to August 30, 2025 at thelatest.

The value of the concluded contract exceeds 10% ofthe Company's equity and thus constitutes a criterion for recognizing itas a significant contract.

The agreement does not contain provisions oncontractual penalties and does not stipulate any conditions ortermination or suspensive dates.

In the contract, the parties included provisions onthe possibility of withdrawing from the contract or suspending thedelivery. The contractor has the right to terminate the contract in theevent of failure to meet certain quality parameters or significantdelays in delivery. The Company has the right to withdraw from thecontract in the event of non-payment by the Counterparty above the limitagreed in the contract.

Other arrangements do not differ from generallyapplicable market conditions.

Legal basis: art. 17 sec. 1 of Regulation (EU) No.596/2014 of the European Parliament and of the Council of 16 April 2014on market abuse (Market Abuse Regulation) and repealing Directive2003/6/EC of the European Parliament and of the Council and CommissionDirective 2003/124 /EC, 2003/125/EC and 2004/72/EC (_quot;MAR Regulation_quot;).