Legal basis: Article 17 paragraph 1 of MAR - confidential information
Subject: Conclusion of definitive agreements concerning the acquisition project of companies from the Lilou group
The Management Board of VRG S.A. with its registered office in Krakow (the “Company,” the “Issuer”) hereby announces that on January 8, 2026, the Issuer's subsidiary, W.KRUK S.A. with its registered office in Krakow (“W.KRUK”), and its subsidiary WK SPV 1 Sp. z o.o. with its registered office in Krakow (“WK SPV”), signed with MYVOG Family Foundation with its registered office in Warsaw, Retail sp. z o.o. with its registered office in Warsaw, Online Shop sp. z o.o. with its registered office in Warsaw, and Santa Catalina sp. z o.o. with its registered office in Warsaw, in performance of the transaction documentation concerning the acquisition of the Lilou group, about which the Issuer informed in current report No. 18/2025 of July 8, 2025, and in Current Report No. 24/2025 of August 13, 2025, i.e. in performance of the preliminary conditional agreement concluded on July 8, 2025 concerning the acquisition by W.KRUK and WK SPV of shares and the rights and obligations of partners in the following entities: Lilou spółka z ograniczoną odpowiedzialnością, Bellver MYVOG Fundacja Rodzinna spółka komandytowa, Lilou Online Shop spółka z ograniczoną odpowiedzialnością spółka komandytowa, Lilou Retail spółka z ograniczoną odpowiedzialnością spółka komandytowa, and Logistics Retail spółka z ograniczoną odpowiedzialnością spółka komandytowa. The amount due for shares and rights and obligations of partnerships comprising the Lilou group amounts to PLN 116,332 thousand as at the closing date and will be subject to adjustment resulting from the final recalculation of net working capital and net debt after the closing of the transaction.
The transaction also includes an earn-out clause, dependent on the future performance of the Lilou group, providing for the obligation to pay the MYVOG Family Foundation an amount not exceeding PLN 30,000,000. The transaction is part of the Company's Capital Group's development vision through acquisitions of brands complementary to the Company's Capital Group's portfolio. The transaction is co-financed from funds under a loan agreement, the conclusion of which was announced by the Issuer in current report No. 22/2025 of July 23, 2025.