The Management Board of MBF Group S.A., with its registered office inWarsaw ("the Issuer", "the Company") announces that on 22 May 2026, theIssuer entered into a contract with a counterparty based in the Varnadistrict of Lithuania for the sale of granulated sulphur packed inBig-Bag sacks, covering a planned volume of 720 tonnes. The agreementwas concluded under the FCA Polish Warehouse delivery terms, with theport of Riga in Latvia designated as the point of further unloading ofthe goods under the agreement. According to information provided to theIssuer, the goods are intended for further distribution to the marketsof the Scandinavian countries, Latvia and Estonia.
The agreement provides for deliveries to be made in batches, dependingon the current availability of the goods, the manufacturer's productionand loading capacity, and the buyer's acceptance of the commercial termson each occasion. Due to the limited supply of granulated sulphur andthe volatility of market conditions, the agreement does not specify asingle fixed price for the entire volume of 720 tonnes. The price,available volume and delivery date will be presented to the buyer forapproval on a case-by-case basis prior to the dispatch of each batch.The agreement also contains detailed provisions regarding the buyer'sresponsibility for the proper organisation of transport and thecompleteness and accuracy of transport documentation, in particular CMRdocuments.
At the same time, the Company's Management Board informs that prior tothe conclusion of the Agreement, the first test delivery comprising 24tonnes of granulated sulphur was completed and settled. The value ofthis delivery amounted to EUR 15,528.00 net, which, according to theexchange rate applied on the invoice, corresponds to PLN 65,976.92 net.The Issuer did not publish a separate current report regarding the firstdelivery prior to signing the Agreement, guided by the principle ofinformation prudence and the desire to confirm the operationalfeasibility of the cooperation, the settlement of the transaction andthe formalisation of the commercial relationship on a larger scale.
Assuming the unit price from the first completed delivery is maintained,the estimated value of the Agreement for a volume of 720 tonnes wouldamount to approximately EUR 465,840.00 net, which, according to theexchange rate applied to the first delivery, would correspond toapproximately PLN 1,979,307.60 net. The Issuer notes, however, that theindicated value is of an estimated and indicative nature, as the finalprices for subsequent batches will be determined on an ongoing basis,depending on the manufacturer's current conditions, productavailability, costs and the dynamics of price changes for granulatedsulphur on the market.
The Issuer's Management Board has classified the conclusion of theagreement as inside information within the meaning of Article 17(1) ofthe Market Abuse Regulation (MAR) due to the planned volume ofcooperation, the cross-border nature of the supplies, the potentialvalue of the contract and the significance of the agreement for thedevelopment of the chemical and fertiliser raw materials trading segmentwithin the Issuer's operations. The agreement is in line with theCompany's strategy of developing relationships with producers andcustomers of industrial raw materials and building repeatable saleschannels in foreign markets.