The Management Board of Proguns Group S.A. with itsregistered office in Warsaw (the "Issuer") announces that on 9 January2026 the Issuer executed an annex to the agreement for the acquisitionof 330,000 shares in Fabryka Amunicji Pocisk S.A. with its registeredoffice in Warsaw, the conclusion of which was reported by the Issuer incurrent report ESPI No. 34/2025 of 11 December 2025.

Pursuant to this annex, the purchase price of theshares has been amended and now amounts to PLN 891,000 (in total for allthe shares). All other provisions of the agreement for the acquisitionof the 330,000 shares in Fabryka Amunicji Pocisk S.A. remain unchanged.

The Issuer explains that the acquisition of theshares in Fabryka Amunicji Pocisk S.A. constitutes an element of theimplementation of the Term Sheet concluded by Forum 119 Closed-EndInvestment Fund, Niewiadów Polska Grupa Militarna S.A., Zakłady SprzętuPrecyzyjnego Niewiadów sp. z o.o. and the Issuer, which the Issuerreported in current report ESPI No. 25/2025 of 21 October 2025.