Current Reports

RB 22/2025

The Management Board of PragmaGO S.A. (the “Issuer”) presents the estimated results of the Group in terms of turnover and number of clients for the first quarter of 2025. The final results will be provided in the content of the interim report scheduled for publication on May 29, 2025.

Q1 2025 results.

Turnover understood as the nominal value of financed receivables in Q1 2025 amounted to PLN 720.0 million, up 36% year-on-year, of which PLN 534.5 million was attributable to factoring (up 27% year-on-year) and PLN 185.4 million (up 69% year-on-year) to loans, including embeded finance products (Merchant Cash Advance and BNPL B2B).

Digital factoring achieved a 47% increase in the value of financed receivables compared to the first quarter of last year, reaching a turnover of PLN 335.3 million.

In Q1 2025, 14,320 entrepreneurs used PragmaGO Group’s services (up 39% year-on-year) to complete a total of 180,134 transactions (up 87% year-on-year). Factoring was used by 1,317 customers (up 2% year-on-year).

In the first quarter of 2025, 13,016 entrepreneurs used embedded finance services (a 44% increase over the first quarter of 2024), including:

– The Merchant Cash Advance service was used by 2,556 entrepreneurs (up 89% year-on-year), who received financing worth PLN 110.1 million (up 112% year-on-year),

– BNPL’s services (B2B deferred payments, including PragmaPay) were used by 10,811 entrepreneurs (up 35% y/y), who received financing worth PLN 73.3 million (up 26% from Q1 2024).

The above figures include the results of Telecredit IFN S.A. (Omnicredit), a Romanian fintech that was added to PragmaGO Group on December 5, 2024. In the first quarter of 2025, Telecredit provided financing worth EUR 18.8 million (up 53% year-on-year) in the form of factoring and business loans.

RB 21/2025

The Management Board of PragmaGO S.A. (“Issuer”) presents the financial data of Telecredit IFN S.A. (“Omnicredit”) – a PragmaGO Group company in terms of turnover, revenue, portfolio value and net profit for 2024.

Omnicredit is a leading Romanian fintech specializing in digital factoring. PragmaGO S.A. finalized the acquisition of a majority stake in Omnicredit in December 2024, and since then Omnicredit’s financial statements have been consolidated within the Issuer Group.

Omnicredit’s results for 2024 are as follows:

In 2024, Omnicredit’s total turnover, understood as the value of financed receivables, amounted to EUR 60.8 million (up 48% y/y). Omnicredit’s estimated revenues increased by 76% y/y reaching €3.5 million, and the value of the portfolio as of December 31, 2024 amounted to €10.2 million (+61% y/y). Omnicredit generated EUR 1.3 million in net profit in 2024.

The data presented are under audit by the auditor and are subject to change.

Legal basis – Article 17 (1) of Regulation (EU) No. 596/2014 of the European Parliament and of the Council (MAR).

RB 20/2025

The Management Board of the Issuer PragmaGO S.A. informs that on April 22, 2025, the Management Board of the Warsaw Stock Exchange adopted Resolution No. 547/2025 to introduce 500,000 series D3 bearer bonds with a nominal value of PLN 100 each, issued by PragmaGO S.A., to trading on the primary market on April 24, 2025. The bonds will be listed in the continuous trading system under the abbreviated name “PFR0429”. The resolution of the Management Board of the Warsaw Stock Exchange shall come into force on the date of adoption.

Legal basis: § 17 (1) (4) of the Regulation of the Minister of Finance dated March 29, 2018. On current and periodic information (…).

RB 19/2025

The Management Board of PragmaGO S.A. with its seat in Katowice (the “Company”, the “Issuer”), in reference to current report No. 16/2025 dated April 15, 2025. regarding the conclusion of agreements on registered pledges established on a set of receivables of the Issuer (the “Set”) securing the claims of bondholders entitled under the Company’s A1, A2, T, U, B1, C6 and D2 series bonds, presents a report on the status of the subject of the pledge securing the claims of bondholders entitled under the Company’s A1, A2, T, U, B1, C6 and D2 series bonds.

This report presents the status of the Collection after exclusion from the Collection of the Issuer’s existing and future receivables arising from the Issuer’s financing agreements for purchases made by businesses through the Allegro platform.pl, designated by the Issuer in the “Navi” system as the type “Loan”, category “Deferred Payment”, common name “Allegro Pay Business (EPT)”, and exclusion of the possibility of entering the Collective of Separate Receivables.
The nominal value of the receivables included in the Collective (after exclusion of Separate Receivables) covered by the registered pledge for each series of the Company’s bonds was as of March 31, 2025:

For the A1 series, PLN 19,201,784.

for the A2 series, PLN 20,653,754.

For the T series, PLN 19,257,650.

for the U-series PLN 12,031,815.

for the B1 series PLN 15,372,066.

for the C6 series PLN 36,005,644.

for the D2 series PLN 42,018,534.

Total value of the collection: PLN 164,541,246.

There was no shortage condition

Total receipts to the pledged bank account established to secure receivables from Series A1, A2, T, U, B1 and Series C6 Bonds for the last 6 months amounted to PLN 230,092,856.

The value of the Loss Ratio as of 31/03/2025 is 0.37%

Legal basis – Article 17 (1) of Regulation (EU) No. 596/2014 of the European Parliament and of the Council (MAR).

RB 18/2025

In accordance with the Terms and Conditions of Issuance of bonds of series A1, A2, T, U, B1, C6 and D2, PRAGMAGO S.A. presents a report on the status of the subject of the pledge securing the claims of bondholders of these series. As of March 31, 2025, the nominal value of the claims included in the set of pledged claims for each series amounted to.

For the A1 series, PLN 19,201,784.

for the A2 series, PLN 20,653,754.

For the T series, PLN 19,257,650.

for the U-series PLN 12,031,815.

For the B1 series, PLN 15,377,904.

for the C6 series PLN 36,073,087.

for the D2 series PLN 42,064,228.

Total value of the collection: PLN 164,660,221.

There was no shortage condition

Total receipts to the pledged bank account established to secure receivables from Series A1, A2, T, U, B1 and Series C6 Bonds for the last 6 months amounted to PLN 230,094,185.

The value of the Loss Ratio as of 31/03/2025 is 0.37%

Legal basis – Article 17 (1) of Regulation (EU) No. 596/2014 of the European Parliament and of the Council (MAR).

RB 17/2025

The Management Board of PragmaGO S.A. with its seat in Katowice (the “Company”, the “Issuer”), in reference to current report No. 16/2025 dated April 15, 2025. regarding the conclusion of agreements on registered pledges established on a set of receivables of the Issuer (the “Set”) securing the claims of bondholders entitled under the Company’s bonds of series A1, A2, T, U, B1, C6, D2 and D3, presents a report on the status of the subject of pledges securing the claims of bondholders entitled under the Company’s bonds of series A1, A2, T, U, B1, C6, D2 and D3.

This report presents the status of the Collection after excluding from the Collection the Issuer’s existing and future receivables arising from financing agreements for purchases made by entrepreneurs via the Allegro.pl platform, marked by the Issuer in the “Navi” system as type “Loan”, category “Deferred Payment”, common name “Allegro Pay Business (EPT)” (“Segregated Receivables”) and to exclude the possibility of entering the Segregated Receivables Collection.

As of February 28, 2025, the nominal value of the receivables included in the Collection (after excluding the Separated Receivables) covered by the registered pledge for each series of the Company’s bonds amounted to:

for the A1 series, PLN 19,262,476.

for the A2 series PLN 20,800,423.

For the T series, PLN 19,240,144.

For the U series, PLN 12,094,476.

for the B1 series PLN 15,344,128.

for the C6 series PLN 36,002,187.

for the D2 series PLN 42,006,034.

Total value of the collection: PLN 164,749,867.

A state of shortage did not exist.

Total receipts to the pledged bank account established to secure receivables from Series A1, A2, T, U and B1 Bonds for the last 6 months amounted to PLN 232,329,022.

The value of the Loss Ratio as of February 28, 2025 is 0.43%.

Legal basis – Article 17 (1) of Regulation (EU) No. 596/2014 of the European Parliament and of the Council (MAR).

RB 16/2025

The Management Board of PragmaGO S.A. (“Issuer”, “Company”) announces that on April 15, 2025. The Issuer has entered into an agreement with CK LEGAL Chabasiewicz Kowalska i Wspólnicy Spółka Komandytowo-Akcyjna, seated in Krakow, Poland (the “Collateral Administrator”), acting as a pledge administrator for the registered pledges established on the Issuer’s collection of receivables (the “Collection”), constituting security for the receivables of bondholders entitled under the Issuer’s bonds:

– A1 series, marked with ISIN code PLGFPRE00222, in a total number of 160,000;

– A2 series, marked with ISIN code PLGFPRE00230, in a total number of 170,000;

– T series designated with ISIN code PLGFPRE00248 in a total number of 160,000;

– U series designated with ISIN code PLGFPRE00271 in a total number of 100,000;

– B1 series marked with ISIN code PLGFPRE00289 in a total number of 127,792;

– C6 series marked with ISIN code PLGFPRE00404 in a total number of 300,000;

– D2 series marked with ISIN code PLGFPRE00420 in a total number of 350,000;

– D3 series marked with ISIN code PLGFPRE00446 in a total number of 500,000.

(collectively referred to hereafter as the “Bonds”), agreements to register pledges on the Collection regarding changes to the contents of the Collection and the rules for entering claims into the Collection.

The amendment to the Collection consists in the exclusion from the Collection of the Issuer’s existing and future receivables arising from financing agreements for purchases made by entrepreneurs via the Allegro.pl platform, marked by the Issuer in the “Navi” system as type “Loan”, category “Deferred Payment”, common name “Allegro Pay Business (EPT)” (“Segregated Receivables”). In addition, the Agreements excluded the possibility of entering the Separated Receivables Collection (“Collection Change”). The basis for the Change of Collection is the mechanism for the Change of Collection provided for in the terms and conditions of issuance of the Issuer’s Series A1, A2, T, U, B1, C6, D2 and D3 bonds and in the agreements of registered pledges on the Collection.

The change in the Collection will not result in a Deficiency Condition on the Collection within the meaning of the terms and conditions of issuance of each series of Bonds, details of the Collection Condition will be provided in Current Report No. 17/2025 dated April 15, 2025.

The possibility of making a Change to the Set is provided for both in the terms and conditions of issue of each series of Bonds (Section 10.10 of the terms and conditions of issue of bonds of series T, U, Section 2.7.1. of the minimum scope of information with respect to collateral contained in the Basic Prospectus of the Issuer’s Second Public Bond Issuance Program, under which bonds of series A1 and A2 were issued, Section 2.7.1. the minimum information with respect to collateral contained in the Offering Document for Secured Bonds, which is part of the Base Prospectus for Secured Bonds of the Issuer’s Public Bond Issuance Program III, under which Series B1 bonds were issued, item 2.7.1. the minimum scope of information with respect to collateral contained in the Offering Document for Secured Bonds, forming part of the Base Prospectus for Secured Bonds of the Issuer’s Fourth Public Bond Issuance Program, under which the Series C6 bonds were issued, Section 2.7.1. minimum information with respect to collateral contained in the Offering Document for Secured Bonds, which is part of the Base Prospectus for Secured Bonds v of the Issuer’s Public Bond Issuance Program, under which Series D2 and D3 bonds were issued), as well as in the individual contracts for registered pledges established on the Pool. The amendment of the Collection will not constitute an amendment to the terms and conditions of the Bond issue.

The amendment of the Collection is made for the purpose of securing bank loan financing.

Legal Basis – Article 17 (1) of Regulation (EU) No. 596/2014 of the European Parliament and of the Council (MAR).

RB 15/2025

The Management Board of PragmaGO S.A. with its seat in Katowice (the “Company” or the “Issuer”) informs that on April 11, 2025, the Management Board of the Warsaw Stock Exchange adopted Resolution No. 518/2025 on the admission of 500,000 series D3 bearer bonds issued by the Company (the “Bonds”) to trading on the primary market – as of the date of registration of the Bonds by the National Depository for Securities.

The Issuer announced the issuance of the Bonds in Current Report No. 9/2025 dated March 20, 2025, and the allocation of the Bonds in Current Report No. 12/2025 dated April 4, 2025.

Legal basis: § 17 (1) (2) of the Regulation of the Minister of Finance dated March 29, 2018. On current and periodic information.

RB 14/2025

The Management Board of PragmaGO S.A. (hereinafter: “Issuer”) informs that on April 11, 2025. The National Depository for Securities (Krajowy Depozyt Papierów Wartościowych S.A.) has issued a statement that it has entered into an agreement with the Issuer for the registration in a securities depository of i.e. 500,000 series D3 bearer bonds, which have been assigned ISIN code: PLGFPRE00446 (hereinafter: “Bonds”). The registration will take place within 3 days of receipt by the NDS of the decision to admit the Bonds to trading on the regulated market.

Legal basis: § 17 (1) (1) of the Regulation of the Minister of Finance dated March 29, 2018. On current and periodic information.

RB 13/2025

The Management Board of PragmaGO S.A., based in Katowice, Poland (the “Company” or the “Issuer”) announces the completion of the subscription for secured bearer bonds, series D3, issued on the basis of Resolution of the Issuer’s Management Board No. 1/20.03.2025 dated March 20, 2025. under the Fifth Public Bond Issuance Program, for which the Registration Document, the Secured Bond Offering Document and the Unsecured Bond Offering Document were approved by the Financial Supervision Authority on September 18, 2024 (the “Bonds”):
1) Subscription commencement date: March 21, 2025
2) subscription closing date: April 3, 2025
3) date of allotment of Bonds: April 4, 2025 resolution on allocation of Bonds,
4) number of Bonds subscribed: 500,000 units,
5) reduction rate per tranche: the issue was not divided into tranches, reduction rate: 21,64 %,
6) number of Bonds subscribed for: 638,113 units,
7) the number of Bonds that were allocated in the subscription:
500,000 units,
8) the price at which the Bonds were taken up: PLN 100.00,
9) the number of persons who subscribed for the Bonds subscribed for in each tranche: the issue was not divided into tranches, 1314 persons subscribed for the Bonds,
10) the number of persons to whom the Bonds were allotted in the conducted subscription in individual tranches: the issue was not divided into tranches, the Bonds were allotted to 1305 persons,
11) Name(s) of the underwriters who subscribed for the Bonds in the performance of underwriting agreements: The Company has not entered into underwriting agreements,
12) the total determination of the amount of costs that were included in the costs of issuing the Bonds amounted to
PLN 1,531,026.00, including costs:
a) preparation and conduct of the offering of the Bonds PLN 1,441,611.00,
(b) underwriters’ fees, for each separately: none,
(c) preparation of the issue documentation for the Bonds, including the costs of counsel:
PLN 62,515.00,
d) promotion of the Bonds offering: PLN 26,900.00,
13) average cost of conducting the subscription of Bonds per unit of security:
PLN 3.06;
14) financial liabilities from the issuance of Bonds will be recognized at amortized cost using the effective interest rate method. The incurred costs of preparing and conducting the offering and consulting services related to the issuance of the Bonds will be included in the calculation of amortized cost, in accordance with the application of the effective interest rate method, and as a result will be amortized to the income statement over the term of the Bonds. At the same time, the Issuer indicates that upon completion of the last bond offering conducted under the Fifth Public Bond Issuance Program, the Issuer will provide information on the total cost of conducting bond offerings under the Fifth Public Bond Issuance Program in a separate current report,
15) all Bonds were taken up for cash contributions.

The Issuer announced the issuance of the Bonds in current report No. 9/2025 dated March 20, 2025, and the allocation of the Bonds in current report No. 12/2025 dated April 4, 2025.
Legal basis: Article 16 (1) of the Regulation of the Minister of Finance dated March 29, 2018 on current and periodic information (…).

RB 12/2025

With reference to current report No. 9/2025 dated March 20, 2025 regarding the issuance of Series D3 bonds under the Fifth Public Bond Issuance Program (hereinafter: “Program”), the Board of Directors of PragmaGO S.A. (hereinafter: “the Company”) informs that on April 4, 2025, it adopted a resolution on determining the final number of Series D3 bonds offered under the Program (hereinafter: “Bonds”) to be 500,000 (five hundred thousand) Bonds with a total nominal value of PLN 50,000,000 (fifty million) and a resolution on the allotment of 500,000 (five hundred thousand) Bonds with a total nominal value of PLN 50,000,000 (fifty million). As a result of proportional reduction, which amounted to 21.64%, the Company allocated the Bonds in response to the subscriptions of 1,314 Investors.
At the same time, the Company informs that detailed information summarizing the issuance of the Bonds will be provided in a separate current report.

Legal basis – Article 17 (1) of Regulation (EU) No. 596/2014 of the European Parliament and of the Council (MAR).

Current Report 11/2025

In accordance with the Terms and Conditions of Issuance of bonds of series A1, A2, T, U, B1, C6 and D2, PRAGMAGO S.A. presents a report on the status of the subject of the pledge securing the claims of bondholders of these series. As of February 28, 2025, the nominal value of the claims included in the set of pledged claims for each series amounted to.

for the A1 series, PLN 19,262,476.

for the A2 series PLN 20,800,423.

For the T series, PLN 19,240,144.

For the U series, PLN 12,094,476.

For the B1 series, PLN 15,338,497.

for the C6 series PLN 36,001,332.

for the D2 series PLN 42,018,792.

Total value of the collection: PLN 164,756,139.

There was no shortage condition

Total receipts to the pledged bank account established to secure receivables from Series A1, A2, T, U and Series B1 Bonds for the last 6 months amounted to PLN 232,330,769.

The value of the Loss Ratio as of 28/02/2025 is 0.43%

Legal basis – Article 17 (1) of Regulation (EU) No. 596/2014 of the European Parliament and of the Council (MAR).

Current Report 10/2025

The Management Board of PragmaGO S.A., based in Katowice (the “Issuer”), informs that on March 20, 2025. The Issuer has entered into an agreement with CK Legal Chabasiewicz Kowalska i Wspólnicy Spółka Komandytowo – Akcyjna, based in Krakow (“Pledge Administrator”) acting as a pledge administrator on its own behalf, but for the benefit of the bondholders entitled under the series D3 bonds issued by the Issuer under the Fifth Public Bond Issuance Program (the “Series D3 Bonds”), a registered pledge agreement on a set of rights with a variable composition (the “Set Pledge Agreement”) and a registered pledge agreement on receivables from a bank account (the “Account Pledge Agreement”), to secure the receivables of the bondholders entitled under the Series D3 Bonds.

The registered pledge on the set of floating rights, which is the subject of the Set Pledge Agreement, will be established up to the highest security amount of PLN 60,000,000.00 (sixty million).

Under the Collection Pledge Agreement, the Issuer undertook not to sell or encumber the object of the registered pledge as a whole, or the individual receivables included in the collection, before the expiration of the pledge. The Collection Pledge Agreement stipulates that the Pledge Administrator may, at its discretion, satisfy the Bondholders’ claims from the pledged object: through court enforcement proceedings, through sale by public tender conducted by a bailiff or notary public, by taking ownership of the collection of receivables as a pledged object.

The registered pledge on the Issuer’s present and future rights, receivables and claims against the bank maintaining the Issuer’s bank account, including, in particular, the claim for payment of amounts accumulated on the account together with all accrued interest, which is the subject of the Account Pledge Agreement, shall be established up to the highest security amount of PLN 60,000,000.00 (sixty million).

The Account Pledge Agreement provides that the Pledge Administrator may, at its option, satisfy the Bondholders’ claims from the pledged property: through judicial enforcement proceedings or by taking ownership of the pledged property.

The Issuer announced the issuance of the Series D3 Bonds in Current Report No. 9/2025 dated March 20, 2025.

Legal basis: Article 17 (1) MAR – confidential information.

Current Report 9/2025

The Board of Directors of PragmaGO S.A., based in Katowice, Poland (the “Company” or the “Issuer”) announces that on March 20, 2025, it adopted a resolution on the issuance and determination of the final terms and conditions of issuance of Series D3 bonds (the “Bonds”). The Bonds are issued under the Fifth Public Bond Issuance Program, for which the Registration Document, the Secured Bond Offering Document and the Unsecured Bond Offering Document were approved by the Financial Supervisory Commission on September 18, 2024.

The Bonds will be offered through a public offering on the basis of the Base Prospectus for Secured Bonds (the “Prospectus”).

As part of the Bond issue, 400,000 (in words: four hundred thousand) Bonds with a nominal value of PLN 100.00 (one hundred) each will be offered, and additionally no more than 100,000 (in words: one hundred thousand) Bonds will be offered, if the Board of Directors decides to increase the number of Bonds to be offered, on the terms and conditions set forth in the Prospectus and in the Final Terms of the Bond Issue.

The total par value of the Bonds will be 40,000,000 (in words: forty million) zlotys, and if the Management Board decides to increase the number of Bonds in the offering – 50,000,000 (in words: fifty million) zlotys. The issue price of the Bonds is equal to the par value.

The interest rate on the Bonds is variable, and will be set at the prime rate plus a fixed margin, subject to an increase in the margin if the Issuer’s Debt Index is exceeded under the terms described in the Final Terms of the Bonds. Detailed rules for determining the interest rate on the Bonds, including in particular the prime rate, are presented in the Prospectus and the Final Terms of the Bonds.

The Issuer will redeem the Bonds on April 4, 2029. The Issuer will have the right of early redemption of the Bonds, the rules for the exercise of which will be described in the Final Terms of the Bonds. The bonds will be dematerialized and the Issuer will apply for their introduction to trading on the Catalyst regulated market operated by the Warsaw Stock Exchange.

In particular, the Bonds will be secured by a registered pledge on a set of existing and future receivables of variable composition, constituting an economic whole, and a registered pledge on the Issuer’s bank account. Details of the collateral for the Bonds are presented in the Prospectus and the Final Terms of the Bonds.

The Issuer announced the determination of the Fifth Public Bond Issuance Program through current report No. 29/2024 dated June 7, 2024.

Legal basis: Article 17 (1) MAR – confidential information.

RB 08/2025

In accordance with the Terms of Issuance of bonds of series A1, A2, T, U, B1, C6 and D2, PRAGMAGO S.A. presents a report on the status of the subject of the pledge securing the claims of bondholders of these series. As of January 31, 2025, the nominal value of the claims included in the set of pledged claims for each series amounted to.

for the A1 series, PLN 19,201,632.

for the A2 series, PLN 20,451,523.

for the T series, PLN 19,210,736.

for the U-series PLN 12,006,297.

For the B1 series, PLN 15,437,268.

For the C6 series, PLN 36,100,560.

for the D2 series PLN 42,042,690.

Total value of the collection: PLN 164,450,705.

There was no shortage condition

Total receipts to the pledged bank account established to secure receivables from Series A1, A2, T, U and Series B1 Bonds for the last 6 months amounted to PLN 240,795,425.

The value of the Loss Ratio as of 31/01/2025 is 0.47%.

Legal basis – Article 17 (1) of Regulation (EU) No. 596/2014 of the European Parliament and of the Council (MAR).

RB 7/2025

With reference to current report No. 34/2022 dated 28/09/2022, the Management Board of PragmaGO S.A. (hereinafter: “the Company”) informs that due to the Company’s submission of an application to the Financial Supervision Commission for the deletion of a small payment institution (hereinafter: “MIP”) from the register of payment service providers, as of January 31, 2025. PragmaGO S.A. was deleted from the register of MIPs, where it was disclosed under the number MIP157/2022. The deletion from the register of MIPs took place at the Company’s request. Resignation from the status of a small payment institution will not affect the Company’s product offerings and results, as it has so far provided payment services on a small scale and their implementation is not necessary for the Company’s strategic development in the area of Embedded Finance.

Legal basis: Article 17 (1) of the EU Parliament and Council Regulation No. 596/2014 MAR.

RB 6/2025

The Management Board of PragmaGO S.A. (the “Issuer”) presents the estimated results of the Group in terms of turnover and number of clients for the fourth quarter of 2024 and for the year 2024. The final results will be provided in the content of the annual interim report scheduled for publication on April 24, 2025. The data presented do not include the data of the subsidiary Telecredit IFN SA, over which the Issuer acquired control on December 5, 2024.

Q4 2024 results.

Turnover understood as the nominal value of financed receivables in Q4 2024 amounted to PLN 677 million, up 32% year-on-year, of which PLN 512 million was attributable to factoring (up 25% year-on-year) and PLN 165 million (up 67% year-on-year) to embeded finance products (Merchant Cash Advance and BNPL B2B).

Digital factoring achieved a 37% increase in the value of financed receivables compared to the fourth quarter of last year, reaching a turnover of PLN 255 million.

In Q4 2024, 13,547 entrepreneurs used PragmaGO Group’s services (up 40% year-on-year) to complete a total of 163,867 transactions (up 66% year-on-year). Factoring was used by 1,234 clients (up 35% year-on-year).

In the last quarter of 2024, 12,334 entrepreneurs used embedded finance services(a 40% increase over the last quarter of 2023), including:

• The Merchant Cash Advance service was used by 2,145 entrepreneurs(up 78% year-on-year), who received financing worth PLN 91 million (up 115% year-on-year),
• BNPL ‘s services (B2B deferred payments) were used by 10,476 entrepreneurs(up 35% y/y), who received financing worth PLN 74 million (up 31% from Q4 2023).

2024 results

In 2024, PragmaGO Group’s total turnover amounted to PLN 2.4 billion (up 30% y/y), of which factoring generated PLN 1.9 billion (up 23% y/y). Factoring was used by 2,345 customers (26% more than in the same period last year). The value of financed receivables under digital factoring amounted to PLN 1.0 billion, an increase of 44% y/y.

The value of financing provided for embedded finance services amounted to PLN 0.5 billion (up 68% y/y), benefiting 19,245 companies (+29% y/y), including:

• The Merchant Cash Advance service was used by 3,981 entrepreneurs(up 58% y/y), who received financing worth PLN 278 million (up 112% y/y),
• BNPL ‘s services (B2B deferred payments) were used by 16,035 entrepreneurs(up 23% y/y), who received financing worth PLN 249 million (up 37% y/y).

During 2024, PragmaGO Group provided services to 21,518 traders, a 29% increase over the previous year. In total, they completed 501,022 transactions (up 27% year-on-year).

Legal basis – Article 17 (1) Regulation of the European Parliament and of the Council ( EU) No. 596/2014 (MAR)

RB 5/2025

Pursuant to § 80 section 1 of the Ordinance of the Minister of Finance dated March 29, 2018 on current and periodic information published by issuers of securities and conditions for recognizing as equivalent information required by the laws of a non-member state (hereinafter – the Ordinance), the Management Board of PragmaGO S.A. informs that periodic reports in 2025 will be made public on the following dates:

1. separate and consolidated annual report for 2024. – April 24, 2025.
2. Consolidated quarterly report for Q1 2025. – May 29, 2025
3. Consolidated report for H1 2025. – September 18, 2025
4. Consolidated quarterly report for Q3 2025. – November 20, 2025.

At the same time, the Company’s Board of Directors declares that:

1. in accordance with § 79(2) of the Ordinance, the Issuer will not provide a quarterly report for the fourth quarter of the 2024 fiscal year and a quarterly report for the second quarter of the 2025 fiscal year,
2. in accordance with § 62(1) of the Ordinance, the Issuer will provide consolidated quarterly reports for the first and third quarters of the 2025 fiscal year containing quarterly financial information and will not provide separate stand-alone quarterly reports for these reporting periods,
3. In accordance with Section 62(3) of the Ordinance, the Issuer, which is the Parent Company, will not publish a separate stand-alone semi-annual report, and therefore the consolidated semi-annual report for the first half of fiscal 2025 will include the Issuer’s condensed semi-annual financial statements together with the report of the auditing firm.

RB 4/2025

In accordance with the Terms of Issuance of bonds of series A1, A2, T, U, B1, C6 and D2, PRAGMAGO S.A. presents a report on the status of the subject of the pledge securing the claims of bondholders of these series. As of December 31, 2024, the nominal value of the claims included in the set of pledged claims for each series amounted to.

for the A1 series, PLN 19,302,222.

for the A2 series PLN 20,407,778.

For the T series, PLN 19,840,547.

For the U series, PLN 12,001,956.

For the B1 series, PLN 15,350,542.

for the C6 series PLN 36,009,191.

for series D2 PLN 42,030,650.

Total value of the collection: PLN 164,942,887.

There was no shortage condition

Total receipts to the pledged bank account established to secure receivables from Series A1, A2, T, U and Series B1 Bonds for the last 6 months amounted to PLN 214,440,867.

The value of the Loss Ratio as of 31/12/2024 is 0.52%.

Legal basis – Article 17 (1) of Regulation (EU) No. 596/2014 of the European Parliament and of the Council (MAR).

RB 3/2025

The Management Board of PragmaGO S.A. “the Company” informs that on January 9, 2025, the District Court of Katowice-East in Katowice registered an increase in the Issuer’s share capital by the amount of PLN 1,180,129.00. The Issuer’s share capital was increased through the issuance of 1,180,129 series K bearer shares. After the registration of the increase, the Company’s share capital amounts to PLN 8,071,170.00 and is divided into 8,071,170 shares with a nominal value of PLN 1.00 each, including:

1) 703,324 series A registered shares preferred as to voting so that each share has 2 votes;
2) 1,200,000 series B bearer shares;
3) 662,586 series C bearer shares;
4) 186,257 series D bearer shares;
5) 1,657,459 series E bearer shares;
6) 154,889 series F bearer shares;
7) 35.123 bearer shares of series G;
8) 1,334,222 bearer shares of series H;
9) 511,967 bearer shares of series I;
10) 445,214 bearer shares of series J;
11) 1,180,129 bearer shares of series K.

The total number of votes from all issued shares of the Issuer is 8,774,494.

The share capital increase was carried out on the basis of Resolution No. 3 of the Extraordinary General Meeting of Shareholders dated December 2, 2024, which the Issuer announced in Current Report No. 70/2024 dated December 2, 2024.

Legal basis: § 5 para. 1 of the Regulation of the Minister of Finance of March 29, 2018 on current and periodic information (….).

RB 2/2025

The Management Board of the Issuer PragmaGO S.A. informs that on January 8, 2025, the Management Board of the Warsaw Stock Exchange adopted Resolution No. 22/2025 to introduce 350,000 series D2 bearer bonds with a nominal value of PLN 100 each, issued by PragmaGO S.A., to trading on the primary market on January 10, 2025. The bonds will be listed in the continuous trading system under the abbreviated name “PFR1228.” The Resolution of the Management Board of the Warsaw Stock Exchange shall come into force on the date of adoption.
Legal basis: § 17 (1) (4) of the Regulation of the Minister of Finance dated March 29, 2018. on current and periodic information (…).

RB 1/2025

The Management Board of PragmaGO S.A. (hereinafter: “Issuer”) informs that on December 31, 2024, the National Depository for Securities (Krajowy Depozyt Papierów Wartościowych S.A.) issued a statement on entering into an agreement with the Issuer for the registration in a securities depository of i.e. 350,000 series D2 bearer bonds, which have been assigned ISIN code: PLGFPRE00420 (hereinafter: “Bonds”). The registration will take place on January 03, 2025.

Legal basis: § 17 (1) (1) of the Regulation of the Minister of Finance dated March 29, 2018. On current and periodic information.