MANAGEMENT BOARD RESOLUTION ON COVERING THE LOSS FOR THE 2024 FINANCIALYEAR AND NOT PAYING A DIVIDENDCurrent report number 12 of May 15,2025.

The Management Board of the issuer VIGO Photonics S.A. with itsregistered office in Ożarów Mazowiecki (hereinafter referred to as the"Issuer") hereby announces that yesterday the Management Board adopted aresolution on recommending to the Ordinary General Meeting to cover theIssuer's net loss for the financial year 2024 covering the period fromJanuary 1, 2024 to December 31, 2024 in the amount of PLN 867,000.00(eight hundred sixty-seven thousand zlotys 00/100) in full from theIssuer's reserve capital.

At the same time, in accordance with the Issuer's Strategy for2021-2026, including in accordance with the dividend policy, theManagement Board adopted today a resolution to recommend to the OrdinaryGeneral Meeting of the Issuer not to pay dividends from profits earnedby the Issuer in previous years and allocated to the Issuer's reservecapital by resolutions of the General Meeting.

In connection with Article 382 § 3 item 2 of the Commercial CompaniesCode and § 21 section 2 item 3 of the Company's Articles of Association,the Issuer's Management Board submitted a request to the Issuer'sSupervisory Board to issue an opinion on the recommendations referred toabove.

Legal basis: Article 17(1) of Regulation (EU) No 596/2014 of theEuropean Parliament and of the Council of 16 April 2014 on market abuse(market abuse regulation) and repealing Directive 2003/6/EC of theEuropean Parliament and of the Council and Commission Directives2003/124/EC, 2003/125/EC and 2004/72/EC ("MAR Regulation").