The Management Board of Vivid Games S.A. (hereinafter referred to as:"the Company", "Issuer"), with reference to current report No. 24/2025of June 26, 2025, hereby announces that on August 8, 2025, the Issuercompleted a review of strategic options and decided to obtain debtfinancing from the Company's Shareholder.
On August 8, 2025, the Issuer entered into a loan agreement for EUR 4million with Gemini Grupe UAB (hereinafter referred to as:"Shareholder", "Lender") with its registered office in Vilnius(Lithuania). The loan amount will be paid to the Issuer in threetranches, the first of which, in the amount of EUR 2 million, will bepaid within 14 days of the date of conclusion of the agreement. Thedisbursement of subsequent tranches is conditional upon the Companyachieving the business objectives set by the Issuer in consultation withthe Shareholder, in accordance with the Issuer's strategy and theproduction schedule for the Real Boxing 3 game.
The loan was granted for a period of 3 years, the agreement provides forinterest subject to annual capitalization at a rate of 11.5% and thepossibility of early repayment. At the request of the Lender, the loanmay be repaid by deducting a cash contribution towards new sharesoffered to the Lender at a price of PLN 0.40 per share.
As security for the claim, the parties will enter into a registeredpledge agreement on the rights to the Real Boxing series of games.
Disclaimer: This English translation, including all attachments, hasbeen prepared solely for the convenience of English-speaking readers.Despite all efforts devoted to this translation, there may be somediscrepancies, omissions or approximations. In the event of anydifferences between the Polish and English versions, the Polish versionshall prevail. Vivid Games S.A., its representatives and employeesdisclaim all liability in this regard.