Current Reports
RB 31/2026
In accordance with the Terms and Conditions of the Issuance of Series B1, C6, D2, and D3 bonds, PRAGMAGO S.A. hereby presents a report on the status of the collateral securing the claims of the holders of these series of bonds. The nominal value of the receivables comprising the pool of receivables subject to the pledge for each series as of July 31, 2026, amounted to
for the B1 series: 15,712,474 PLN.
for the C6 series: 36,074,735 PLN.
for the D2 series: 48,139,573 PLN.
for the D3 series: 60,009,698 PLN.
Total value of the collection: 159,936,479 PLN.
There was no shortage condition
Total deposits into the bank account subject to a registered lien established to secure claims arising from Series B1, C6, D2, and D3 Bonds over the past 6 months amounted to 238,065,353 PLN.
The loss ratio as of July 31, 2026, is 0.17%
Legal basis – Article 17 (1) of Regulation (EU) No. 596/2014 of the European Parliament and of the Council (MAR).
RB 30/2026
The Management Board of PragmaGO S.A. (the “Issuer,” the “Company”) announces that on August 3, 2026, it adopted a resolution regarding the establishment of the 7th Public Bond Issuance Program (“7th PBIP”). The Issuer will be authorized to issue and conduct, as part of the 7th Public Bond Issuance Program, public offerings of bonds (“Bonds”) with a total par value not exceeding 500,000,000 (five hundred million) zlotys, based on a prospectus following its approval by the Polish Financial Supervision Authority. The Bonds will be dematerialized bearer bonds. Individual series of Bonds may have different specific terms and conditions of issuance, including rules regarding interest rates and their amounts, as well as the maturity of the Bonds (which shall not exceed 5 years from the date of allocation of the Bonds of each series). The bonds may be issued in Polish zlotys or in euros. The bonds will be admitted to and listed for organized trading on the Catalyst market, on a regulated market, or in an alternative trading system. Bonds issued under the 7th PEO may be secured or unsecured bonds. In the case of secured bonds, the details of the collateral will be specified in the prospectus and the final terms and conditions of the secured bond issuance.
Legal basis: Article 17(1) of Regulation (EU) No. 596/2014 of the European Parliament and of the Council (MAR).
RB 29/2026
The Management Board of PragmaGO S.A. (the “Issuer”) presents the Capital Group’s estimated results regarding revenue and the number of customers for the first half of 2026. The final results will be disclosed in the interim report, which is scheduled for publication on September 17, 2026.
The Group’s turnover, defined as the nominal value of financed receivables, amounted to PLN 1.6 billion in the first half of 2026, an increase of 9% compared to the same period in 2025. In the first half of 2026, 19,215 business owners used the services of the PragmaGO Group, carrying out a total of 464,764 transactions (a 23% increase year-over-year). In the area of B2B embedded finance, the Group provided financing totaling 504.4 million PLN (+30% year-over-year). Factoring services were used by 1,906 clients (a 10% increase compared to the same period in 2025). They financed receivables totaling PLN 1.1 billion (+2% year-over-year).
During this period, the value of financed receivables in Poland increased by 18% year-over-year (PLN 1.5 billion). The value of financed receivables in Romania and Spain amounted to the equivalent of PLN 69.9 million.
Legal basis – Article 17 (1) Regulation (EU) No. 596/2014 of the European Parliament and of the Council (MAR)
RB 28/2026
In accordance with the Terms and Conditions of the Issuance of Series B1, C6, D2, and D3 Bonds, PRAGMAGO S.A. hereby presents a report on the status of the collateral securing the claims of the holders of bonds in these series. The face value of the receivables comprising the pool of receivables subject to the pledge for each series amounted to as of June 30, 2026.
for the B1 series: 15,335,684 PLN.
for the C6 series: 36,002,402 PLN.
for the D2 series: 48,525,188 PLN.
for the D3 series: 60,047,496 PLN.
Total value of the collection: 159,910,770 PLN.
There was no shortage condition
Total receipts into the bank account subject to the registered lien established to secure claims arising from Series B1, C6, D2, and D3 Bonds over the past 6 months amounted to 239,466,332 PLN.
The loss ratio as of June 30, 2026, is 0.16%
Legal basis – Article 17 (1) of Regulation (EU) No. 596/2014 of the European Parliament and of the Council (MAR).
RB 27/2026
The Management Board of PragmaGO S.A. announces that on July 16, 2026, the Management Board of the Warsaw Stock Exchange S.A. adopted Resolution No. 1067/2026 to introduce, effective July 17, 2026, 800,000 Series E2 bearer bonds with a par value of 100 zlotys each, issued by PragmaGO S.A., to be admitted to trading on the main market effective July 17, 2026. The bonds will be listed in the continuous trading system under the abbreviated symbol “PRF0729.” This resolution of the Management Board of the Warsaw Stock Exchange S.A. shall take effect on the date of its adoption.
Legal basis: § 18 (1) of the Decree of the Minister of Finance dated June 6, 2025 on current and periodic information (…).
RB 26/2026
The Management Board of PragmaGO S.A., with its registered office in Katowice (“the Company” or “Issuer”) hereby announces the completion of the subscription for Series E2 unsecured bearer bonds issued pursuant to Resolution No. 1/15.06.2026 of the Issuer’s Management Board dated June 15, 2026, as part of the 6th Public Bond Issuance Program, for which the Registration Document, the Secured Bonds Offering Document, and the Unsecured Bonds Offering Document were approved by the Polish Financial Supervision Authority on October 8, 2025. (“Bonds”):
- Subscription start date: June 17, 2026
- Subscription end date: July 2, 2026
- Bond allocation date: July 6, 2026; resolution on the conditional allocation of the Bonds,
- Number of Bonds subscribed for: 800,000,
- reduction rate for each tranche: the issue was not divided into tranches; reduction rate: 43.54%,
- Number of Bonds subscribed to during the subscription period: 1,473,774,
- Number of Bonds allocated as part of the subscription: 800,000,
- the price at which the Bonds were subscribed: 100.00 zlotys,
- the number of people who subscribed to the Bonds in each tranche: the issue was not divided into tranches; 1,844 people subscribed to the Bonds,
- the number of persons to whom Bonds were allocated as part of the subscription in individual tranches: the offering was not divided into tranches; Bonds were allocated to 1,709 persons,
- Name(s) of the underwriters who subscribed for the Bonds under the execution of underwriting agreements: The Company has not entered into underwriting agreements,
- The total amount of costs included in the costs of the Bond issuance was 2,132,415.75 PLN, including the following costs:
- preparation and execution of the Bond offering: 2,045,705.75 PLN,
- Underwriters’ remuneration, for each separately: did not occur,
- preparation of the Bond offering documentation, including advisory fees: 43,385.00 PLN,
- promotion of the bond offering: 43,325.00 PLN,
- Average cost of the bond subscription per security: 2.67 PLN.
- Financial liabilities arising from the issuance of the Bonds will be carried at amortized cost using the effective interest rate method. The costs incurred in preparing and conducting the offering, as well as advisory fees related to the issuance of the Bonds, will be included in the calculation of amortized cost, in accordance with the effective interest rate method, and as a result will be amortized through the income statement over the term of the Bonds. The Issuer also notes that, following the completion of the last bond offering conducted under the Sixth Public Bond Issuance Program, the Issuer will provide information in a separate current report regarding the total cost of conducting the bond offerings under the Sixth Public Bond Issuance Program,
- The total issue price of 11,167 Bonds, amounting to 1,116.700 zlotys was paid by way of a contractual setoff of the Company’s claim for payment by the investors of the issue price of these Bonds against the investors’ claims arising from the Company’s acquisition on July 13, 2026, purchase of 11,167 Series C3 bonds of the Company, designated by the code PLGFPRE00362 and listed on Catalyst under the abbreviated symbol PRF0327 (“Series C3 Bonds”), for the purpose of their redemption. The Company’s purchase of the Series C3 Bonds for redemption was made at a price of 100.53 zlotys per Series C3 Bond, for a total consideration of 1,122.618.51 zlotys, as a result of transactions concluded outside the regulated market pursuant to relevant agreements between the Company and the investors. The Company purchased the Series C3 Bonds for redemption from a total of 56 investors, who held Series C3 Bonds registered in a securities account maintained by a relevant investment firm and who submitted a subscription for the Bonds indicating their intention to cover the issue price of the Bonds through the set-off described above. 788,833 Bonds were subscribed for in exchange for cash contributions.
The Issuer announced the issuance of the Bonds in Current Report No. 18/2026 dated June 15, 2026, and regarding the conditional allocation of the Bonds in Current Report No. 22/2026 dated July 6, 2026.
Legal basis: § 17 (1) of the Decree of the Minister of Finance dated June 6, 2025 on current and periodic information (…).
RB 25/2026
The Management Board of PragmaGO S.A. (“the Issuer”) announces that on July 13, 2026, it adopted a resolution to redeem 11,167 Series C3 bonds and a resolution to repurchase the remaining 238,833 Series C3 bonds (“Bonds”).
The purchase of 11,167 Series C3 Bonds was effectuated through the Issuer’s execution of agreements to purchase Series C3 Bonds, in response to offers submitted by holders of Series C3 Bonds as part of the public offering of the Company’s Series E2 Bonds (“Series E2 Bonds”), which provided for the option to settle subscriptions for Series E2 Bonds through a contractual set-off of the Issuer’s claim against the investor (the holder of Series C3 Bonds) for payment of the issue price of the Series E2 Bonds against the investor’s claim against the Issuer for payment of the purchase price paid by the Issuer for the Series C3 Bonds.
The early redemption, however, covers all remaining outstanding 238,833 (two hundred thirty-eight thousand eight hundred thirty-three) Series C3 bonds with a total par value of 23,833,300 PLN. The bonds will be redeemed for the purpose of cancellation. The record date for determining the holders entitled to receive payments under the early redemption of Series C3 bonds has been set for July 21, 2026, and the early redemption date has been set for July 23, 2026. On the redemption date, the Issuer will pay the Early Redemption Amount, which consists of: the face value of the bonds, a premium, and interest. All settlements related to the early redemption of Series C3 bonds will be conducted through Krajowy Depozyt Papierów Wartościowych S.A.
Legal basis – Article 17 (1) of Regulation (EU) No. 596/2014 of the European Parliament and of the Council (MAR).
RB 24/2026
The Management Board of PragmaGO S.A., with its registered office in Katowice (the “Company” or the “Issuer”), announces that on July 9, 2026, the Management Board of the Warsaw Stock Exchange S.A. adopted Resolution No. 1037/2026 regarding the admission to trading on the main market of up to 800,000 Series E2 bearer bonds issued by the Company (“Bonds”)—effective as of the date of registration of the Bonds by the National Depository for Securities S.A.
The Issuer announced the issuance of the Bonds in Current Report No. 18/2026 dated June 15, 2026, and regarding the conditional allocation of the Bonds in Current Report No. 22/2026 dated July 6, 2026.
Legal basis: § 18 (1) of the Decree of the Minister of Finance dated June 6, 2025 on current and periodic information (…).
RB 23/2026
The Management Board of PragmaGO S.A. (hereinafter: “the Issuer”) announces that on July 8, 2026, the National Depository for Securities S.A. issued a statement regarding the conclusion of an agreement with the Issuer for the registration in the securities depository of up to 800,000 Series E2 bearer bonds, which were assigned the ISIN code: PLGFPRE00487 (hereinafter: “Bonds”). Registration is based on settlement orders, as referred to in § 5 of the KDPW’s Detailed Operating Rules, submitted after the National Depository receives the decision admitting these bonds to trading on a regulated market.
Legal basis: § 18 (1) of the Decree of the Minister of Finance dated June 6, 2025 on current and periodic information (…).
RB No. 22/206
With reference to Current Report No. 18/2026 dated June 15, 2026, regarding the issuance of Series E2 bonds under the 6th Public Bond Issuance Program (hereinafter: “the Program”), the Management Board of PragmaGO S.A. (hereinafter: “the Company”) announces that on July 6, 2026, it adopted a resolution to determine the final number of Series E2 bonds (hereinafter: “Bonds”) offered as part of a public offering at 800,000 (eight hundred thousand) Bonds with a total par value of 80,000,000 (eighty million) zlotys, and to set the final yield on the Bonds at 3.55% (in words: three and fifty-five hundredths of a percentage point) per annum.
On July 6, 2026, the Company’s Management Board adopted a resolution regarding the conditional allocation of Bonds. The Company’s Management Board allocated 800,000 Bonds with a total par value of 80,000,000 PLN, subject to the registration of the Bonds with the National Depository for Securities under the transaction settlement procedure. The conditional allocation of the Bonds was made based on a preliminary allocation list prepared by Dom Maklerski BDM S.A., with its registered office in Bielsko-Biała.
As a result of a proportional reduction of 43.54%, the Company conditionally allocated the Bonds in response to subscriptions from 1,709 investors.
The Company’s Management Board also resolved, subject to the registration of the Bonds with KDPW, to purchase for redemption a total of 11.167 of the Company’s Series C3 Bonds, designated by the code PLGFPRE00362 and listed on Catalyst under the abbreviated symbol PRF0327, by partially accepting the offers submitted by Investors in the Bond subscription forms to enter into agreements for the purchase of for Series C3 Bonds and agreements to set off the Investors’ claims for payment of the purchase price of Series C3 Bonds against the Issuer’s claim for payment of the issue price of the Bonds.
The Bond Offering will be completed in an amount corresponding to the final number of Bonds allocated, which will be determined by the number of Bonds registered with KDPW as part of the settlement of the transaction scheduled for July 13, 2026.
At the same time, the Company informs that detailed information summarizing the Bond issue 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).
RB 21/2026
With reference to Current Report No. 55/2025 dated November 19, 2025, the Management Board of PragmaGO S.A. (“the Issuer” or “the Company”) announces that on June 24, 2026, it entered into, as Borrower, with ING Bank Śląski S.A. as Lender, amendments to two loan agreements, the current financing terms of which are as follows:
1) a revolving credit agreement for a total amount of 70,000,000.00 PLN (“Credit Agreement 1”) and
2) an overdraft agreement in the total amount of 40,000,000.00 PLN (“Loan Agreement 2”)
Under the terms of Loan Agreement 1, the final repayment date for the loan and interest is November 13, 2028, and under Loan Agreement 2, it is November 13, 2026.
The interest rate on both loans will be calculated at a rate equal to the sum of the Bank’s fixed margin and the WIBOR reference rate.
The repayment of obligations under Loan Agreement 1 and Loan Agreement 2 is secured by: a registered pledge on a separate set of current and future receivables constituting an economic whole, a registered and financial pledge on receivables arising from the bank account, and a statement of submission to execution.
Legal basis – Article 17 (1) of Regulation (EU) No. 596/2014 of the European Parliament and of the Council (MAR).
RB 20/2026
The Management Board of PragmaGO S.A. The “Issuer” or “Company” hereby announces that on June 23, 2026, an Ordinary General Meeting of Shareholders was held, convened pursuant to Article 405 § 1 of the Commercial Code, which:
- approved the Company’s separate financial statements for the period from January 1, 2025, to December 31, 2025, and the Management Board’s report on the Company’s operations published in the interim report dated April 23, 2026,
- approved the consolidated financial statements of the PragmaGO S.A. Capital Group for the period from January 1, 2025, to December 31, 2025, as well as the Management Board’s report on the activities of the PragmaGO S.A. Capital Group published in the interim report dated April 23, 2026,
- allocated the entire profit earned in 2025 to retained earnings,
- granted discharge to all members of the Company’s Management Board for the performance of their duties in 2025,
- granted discharge to all members of the Company’s Supervisory Board for the performance of their duties in 2025.
At the same time, the Annual General Meeting of Shareholders adopted resolutions appointing the Supervisory Board of PragmaGO S.A. for another joint five-year term. The composition of the Supervisory Board is as follows:
- Dariusz Prończuk – Chairman of the Supervisory Board
- Bartosz Chytła – Member of the Supervisory Board
- Grzegorz Grabowicz – Member of the Supervisory Board
- Michał Kolmasiak – Member of the Supervisory Board
- Jakub Kuberski – Member of the Supervisory Board
- Piotr Lach – Member of the Supervisory Board
Legal basis: Article 17 (1) MAR – confidential information.
RB 19/2026
In accordance with the Terms and Conditions of the Issuance of Series U, B1, C6, D2, and D3 Bonds, PRAGMAGO S.A. hereby presents a report on the status of the collateral securing the claims of the holders of bonds in these series. The face value of the claims comprising the pool of claims covered by the pledge for each series amounted to as of May 31, 2026.
for the U series: 12,018,152 PLN.
for the B1 series: 16,726,995 PLN.
for the C6 series: 36,001,521 PLN.
for the D2 series: 43,297,160 PLN.
for the D3 series: 60,862,763 PLN.
Total value of the collection: 168,906,591 PLN.
There was no shortage condition
Total deposits into the bank account subject to a registered pledge established to secure claims arising from Series U, B1, C6, D2, and D3 Bonds over the past 6 months amounted to 269,940,704 PLN.
The loss ratio as of May 31, 2026, is 0.18%
Legal basis – Article 17 (1) of Regulation (EU) No. 596/2014 of the European Parliament and of the Council (MAR).
18/2026
The Management Board of PragmaGO S.A., with its registered office in Katowice (“the Company” or “the Issuer”) announces that on June 15, 2026, it adopted a resolution regarding the issuance and determination of the final terms and conditions of the Series E2 bonds (“the Bonds”). The Bonds are being issued as part of the 6th Public Bond Issuance Program, for which the Registration Document, the Secured Bond Offering Document, and the Unsecured Bond Offering Document were approved by the Polish Financial Supervision Authority on October 8, 2025.
The Bonds will be offered through a public offering based on the Base Prospectus for Unsecured Bonds (“Prospectus”). As part of the Bond issue, 600,000 (in words: six hundred thousand) Bonds with a par value of 100.00 (one hundred) zlotys each will be offered, and additionally no more than 200,000 (in words: two hundred thousand) Bonds, should the Company’s Management Board decide to increase the number of Bonds subject to the offering, under 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 shall amount to 60,000,000 (in words: sixty million) zlotys, and in the event the Company’s Management Board decides to increase the number of Bonds in the offering – PLN 80,000,000 (in words: eighty million). The issue price of the Bonds is equal to their nominal 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 July 13, 2029. The Issuer will have the right to redeem the Bonds early, in accordance with the terms set forth in the Final Terms of the Bond Issue. 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.
The bonds will be unsecured.
The Issuer announced the establishment of the 6th Public Bond Issuance Program through Current Report No. 36/2025 dated July 17, 2025.
Legal basis: Article 17 (1) MAR – confidential information.
RB 17/2026
The Management Board of PragmaGO S.A. (the “Issuer”) announces that on June 12, 2026, it adopted a resolution regarding the early redemption of Series C2 bonds. The early redemption covers all 250,000 (two hundred fifty thousand) Series C2 bonds with a total nominal value of PLN 25 million. The bonds will be redeemed for cancellation.
The record date for determining the entities entitled to receive payments in connection with the early redemption of Series C2 bonds has been set for June 22, 2026, and the early redemption date has been set for June 25, 2026. On the redemption date, the Issuer will pay the Early Redemption Amount, which consists of: the face value of the bonds, a premium, and interest.
All settlements related to the early redemption of Series C2 bonds will be conducted through the National Depository for Securities (Krajowy Depozyt Papierów Wartościowych S.A.).
Legal basis – Article 17 (1) of Regulation (EU) No. 596/2014 of the European Parliament and of the Council (MAR).
RB 16/2026
In accordance with the Terms and Conditions of Issuance of bonds of series U, B1, C6, D2 and D3, PRAGMAGO S.A. presents a report on the status of the pledged receivables securing the claims of bondholders of these series. As of April 30, 2026, the nominal value of the receivables included in the set of pledged receivables for each series amounted to.
For the U series, PLN 12,076,897.
For the B1 series, PLN 15,514,472.
for the C6 series PLN 36,085,851.
For the D2 series, PLN 42,002,319.
For the D3 series, PLN 60,462,060.
Total value of the collection: PLN 166,141,598.
There was no shortage condition
Total receipts to the pledged bank account established to secure receivables from Series U, B1, C6, D2 and Series D3 Bonds for the last 6 months amounted to PLN 284,822,031.
The value of the Loss Ratio as of 30/04/2026 is 0.19%
Legal basis – Article 17 (1) of Regulation (EU) No. 596/2014 of the European Parliament and of the Council (MAR).
RB 15/2026
The Management Board of PragmaGO S.A. (the “Company” or the “Issuer”) announces that on April 23, 2026, the Supervisory Board of PragmaGO S.A. passed resolutions to appoint the Management Board of PragmaGO S.A. for another joint five-year term. The composition of the Company’s Management Board has not changed and is as follows:
- Tomasz Boduszek – CEO;
- Danuta Czapeczko – Vice President of the Board;
- Jacek Obrocki – Vice President of the Management Board;
- Łukasz Ramczewski – Vice President of the Management Board
Mr. Tomasz Boduszek has served as President of the Management Board of PragmaGO S.A. since 2011. He co-founded PragmaGO Group from scratch and manages its member companies. He has experience in successful business development through M&A transactions. As a key manager at the Company, he is responsible for the strategic direction of the entire PragmaGO Group, overseeing the consistency of operations of all its constituent entities.
Mr. Tomasz Boduszek is not engaged in any activity competitive to the Issuer and is not listed in the Register of Insolvent Debtors maintained pursuant to the National Court Register Act.
Ms. Danuta Czapeczko has more than 18 years of experience in marketing and sales management. She has been with PragmaGO S.A. since 2005. She manages a team that markets innovative financial products in the partnership channel. As Vice President of the Management Board of PragmaGO S.A., she is responsible for further development of the embedded finance segment for business and foreign expansion.
Ms. Danuta Czapeczko is not engaged in any activities competitive to the Issuer’s business and is not listed in the Register of Insolvent Debtors maintained under the KRS Act.
Mr. Jacek Obrocki has served as Vice President of the Management Board of PragmaGO S.A. since 2021. He specializes in investment banking and financial and stock market analytics. At the Company, he serves as Chief Financial Officer and is responsible for the comprehensive financial management of the Company and the PragmaGO Group, including relations with the capital market and supervision of financial reporting.
Mr. Jacek Obrocki is not engaged in any activities competitive to the Issuer’s business and is not listed in the Register of Insolvent Debtors maintained under the KRS Act.
Mr. Lukasz Ramczewski is a manager with more than 15 years of experience in the area of financial markets, factoring and financing of the SME sector. Since 2010 he has been professionally connected with PragmaGO S.A., where he has been managing the sales area for ten years and taking an active part in the creation of financial products and solutions. As Vice President of the Management Board of PragmaGO S.A., he is responsible for the factoring segment and sales management.
Mr. Lukasz Ramczewski is not engaged in any activity competitive to the Issuer and is not listed in the Register of Insolvent Debtors maintained on the basis of the KRS Act.
Legal basis – Article 17 (1) of Regulation (EU) No. 596/2014 of the European Parliament and of the Council (MAR).
14/2026
The Management Board of PragmaGO S.A., based in Katowice (hereinafter: “the Company”), informs that on April 20, 2026. The Company obtained two certificates confirming compliance of implemented management systems with international standards:
1.
Certificate of compliance with PN-EN ISO/IEC 27001:2023-08 for online financial services for businesses. This certificate confirms that the Company has implemented an effective Information Security Management System (ISMS), which includes processes for identifying, assessing and managing information security risks in the provision of financial services.
2.
Certificate of compliance with the PN-EN ISO 22301:2020-04 standard for online financial services for businesses. This certificate confirms that the Company has implemented an effective Business Continuity Management System (BCMS) to ensure readiness to respond to disruptions in operations and maintain key business processes in emergency situations.
Obtaining the aforementioned certificates confirms the high level of maturity of the Company’s processes in terms of information security and business continuity. This is an important element in building a strategy of trust among customers and business partners, as well as evidence of compliance with the stringent regulatory requirements in the financial sector, including data protection and minimization of operational risks.
13/2026
In accordance with the Terms and Conditions of Issuance of bonds of series U, B1, C6, D2 and D3, PRAGMAGO S.A. presents a report on the status of the pledged receivables securing the claims of bondholders of these series. As of March 31, 2026, the nominal value of the receivables included in the set of pledged receivables for each series was.
for the U-series PLN 12,009,452.
for the B1 series PLN 15,362,783.
for the C6 series PLN 36,019,355.
For the D2 series, PLN 42,104,643.
For the D3 series, PLN 60,232,923.
Total value of the collection: PLN 165,729,156.
There was no shortage condition
Total receipts to the pledged bank account established to secure receivables from Series U, B1, C6, D2 and Series D3 Bonds for the last 6 months amounted to PLN 297,983,577.
The value of the Loss Ratio as of 31/03/2026 is 0.21%.
Legal basis – Article 17 (1) of Regulation (EU) No. 596/2014 of the European Parliament and of the Council (MAR).
12/2026
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 2026. The final results will be provided in the content of the interim report scheduled for publication on May 21, 2026.
The Group’s turnover understood as the nominal value of financed receivables in Q1 2026 amounted to PLN 782.2 million, up 9% year-on-year, and in Poland it reached PLN 753.2 million, up 18% year-on-year .
B2B embedded finance lending (Merchant Cash Advance and BNPL B2B), generated 248.3 million zlotys, up 35% year-on-year in Q1 2025, and factoring in Poland recorded a turnover of 504.8 million zlotys (+10% year-on-year)
In Romania, the value of financed invoices amounted to PLN 29 million, down 63% y/y. This was due to a lower supply of receivables resulting from construction work carried out under government infrastructure programs (an important source of high turnover in the first quarter of 2025).
In Q1 2026, 15,262 businesses used PragmaGO Group’s services (a 7% increase over the same period in 2025), completing a total of 227,052 transactions (a 26% increase over the same period in 2025). Factoring was used by 1,389 customers (a 5% increase over the same period in 2025).
Legal basis – Article 17 (1) Regulation (EU) No. 596/2014 of the European Parliament and of the Council (MAR)
11/2026
The Management Board of PragmaGO S.A. with its seat in Katowice (the “Company”, the “Issuer”), with reference to current report No. 10/2026 dated April 8, 2026. regarding the conclusion of agreements on registered pledges established on a set of receivables of the Issuer (the “Set”) securing claims of bondholders entitled under the Company’s series U, B1, C6, D2 and D3 bonds, presents a report on the status of the subject of pledges securing claims of bondholders entitled under the Company’s series U, B1, C6, D2 and D3 bonds.
This report presents the status of the Collection after excluding from the Collection the Issuer’s existing and future receivables arising from: (i) agreements entered into by the Issuer prior to January 1, 2019 (cut-off date) which are lump sum factoring agreements designated by the Issuer in the “Navi” system as “Lump Sum Factoring” or “Lump Sum Factoring + Advance, (ii)factoring agreements, designated by the Company in the “Navi” system as “Subscription Factoring” or “Subscription Factoring + Advance”, (iii) factoring agreements, designated by the Issuer in the “Navi” system as “Nanofactoring” (“Segregated Receivables”), and the exclusion of the possibility of entering the Segregated Receivables Collection.
As of February 28, 2026, 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 series U PLN 12,000,242.
For the B1 series, PLN 15,447,546.
for the C6 series PLN 36,375,095.
For the D2 series, PLN 42,785,526.
For the D3 series, PLN 60,010,315.
Total value of the collection: PLN 166,618,723.
A state of shortage did not exist.
Total receipts to the pledged bank account established to secure receivables from Series U, B1, C6, D2 and Series D3 Bonds for the last 6 months amounted to PLN 295,169,671.
The value of the Loss Ratio as of 28/02/2026 is 0.26%
Legal basis – Article 17 (1) of Regulation (EU) No. 596/2014 of the European Parliament and of the Council (MAR).
10/2026
The Management Board of PragmaGO S.A. (“Issuer”, “Company”) announces that on April 8, 2026. The Issuer has entered into an agreement with CK LEGAL Chabasiewicz Kowalska i Wspólnicy Spółka Komandytowo-Akcyjna, with its registered office in Kraków, 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:
– 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 excluding from the Collection existing and future receivables of the Issuer arising from: (i) agreements entered into by the Issuer prior to January 1, 2019 (cut-off date) which are lump sum factoring agreements designated by the Issuer in the “Navi” system as “Lump Sum Factoring” or “Lump Sum Factoring + Advance, (ii) factoring agreements, designated by the Company in the “Navi” system as “Subscription Factoring” or “Subscription Factoring + Advance”, (iii) factoring agreements, designated by the Issuer in the “Navi” system as “Nanofactoring (“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 U, B1, C6, D2 and D3 bonds and in the pledge agreements 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. 11/2026 dated April 8, 2026.
The possibility to amend the Collection was provided for both in the terms and conditions of issuance of each series of Bonds (Section 10.10 of the terms and conditions of issuance of Series U Bonds, Section 2.7.1. of 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 Third Public Bond Issuance Program, under which Series B1 Bonds were issued, Section 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 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 of the Issuer’s Fifth 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 Bonds.
The amendment of the Collection is made for the purpose of the Issuer obtaining financing, the disbursement of which is contingent on the Issuer establishing collateral on the Separated Claims.
Legal Basis – Article 17 (1) of Regulation (EU) No. 596/2014 of the European Parliament and of the Council (MAR).
9/2026
The Management Board of PragmaGO S.A., based in Katowice, Poland (the “Issuer”), informs that on April 3, 2026, it received information about the registration of PragmaGO d.o.o. in the Croatian Register of Entrepreneurs on April 2, 2026. PragmaGO d.o.o. is a company incorporated under Croatian law with its registered office in Zagreb, Croatia. The Issuer acquired 100% of the shares in the share capital of PragmaGO d.o.o., the amount of which is EUR 2,500.
The establishment of a foreign subsidiary is part of a long-term foreign expansion strategy to offer embedded finance in foreign markets. A local entity will enable effective adaptation of the financial product to regulatory and market requirements, as well as effective cooperation with business partners (including partner platforms). PragmaGO d.o.o. will operate largely on the basis of the Issuer’s technology and operational resources, which will allow for a significant reduction of initial expenditures and rapid scaling of revenues.
Appointed to its Board of Directors were: Vjaceslav Lipko and Joanna Budzik – Lister – persons responsible for the Issuer’s foreign expansion.
The Issuer considered the above information important due to the fact that the establishment of the company in Croatia is expected to expand the Issuer’s activities beyond Poland.
Legal basis: Article 17 (1) MAR – confidential information.
RB 8/2026
In accordance with the Terms and Conditions of Issuance of bonds of series U, B1, C6, D2 and D3, PRAGMAGO S.A. presents a report on the status of the pledged receivables securing the claims of bondholders of these series. As of February 28, 2026, the nominal value of the claims included in the set of pledged claims for each series amounted to.
For the U series, PLN 12,022,517.
for the B1 series PLN 15,337,055.
for the C6 series PLN 36,058,924.
For the D2 series, PLN 47,835,765.
For the D3 series, PLN 60,009,960.
Total value of the collection: PLN 171,264,222.
There was no shortage condition
Total receipts to the pledged bank account established to secure receivables from Series U, B1, C6, D2 and Series D3 Bonds for the last 6 months amounted to PLN 295,169,671.
The value of the Loss Ratio as of 28/02/2026 is 0.26%
Legal basis – Article 17 (1) of Regulation (EU) No. 596/2014 of the European Parliament and of the Council (MAR).
RB 7/2026
In accordance with the Terms and Conditions of Issuance of bonds of series U, B1, C6, D2 and D3, 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, 2026, the nominal value of the receivables included in the set of pledged receivables for each series amounted to.
for the U-series PLN 12,031,644.
For the B1 series, PLN 15,440,069.
for the C6 series PLN 36,277,038.
For the D2 series, PLN 42,114,193.
For the D3 series, PLN 60,045,588.
Total value of the collection: PLN 165,908,532.
There was no shortage condition
Total receipts to the pledged bank account established to secure receivables from Series U, B1, C6, D2 and Series D3 Bonds for the last 6 months amounted to PLN 282,061,888.
The value of the Loss Ratio as of 31/01/2026 is 0.25%.
Legal basis – Article 17 (1) of Regulation (EU) No. 596/2014 of the European Parliament and of the Council (MAR).
RB 6/2026
The Management Board of PragmaGO S.A. (the “Issuer”) announces that on February 20, 2026, it adopted a resolution on the early redemption of series C1 bonds. The early redemption covers all 200,000 (two hundred thousand) series C1 bonds with a total nominal value of PLN 20 million. The bonds will be redeemed for cancellation.
The date for determining the entities entitled to receive early redemption benefits for the series C1 bonds was set for March 2, 2026, and the early redemption date was set for March 4, 2026. On the redemption date, the Issuer will pay the Early Redemption Amount, which consists of the bond principal, premium and interest.
All settlements for the early redemption of series C1 bonds will be carried out through the National Depository for Securities.
Legal basis – Article 17 (1) of Regulation (EU) No. 596/2014 of the European Parliament and of the Council (MAR).
RB 5/2026
The Management Board of PragmaGO S.A., based in Katowice, Poland (the “Issuer”), informs that on February 11, 2026. The Issuer entered into the agreement of PragmaGO Spain, S.L. (“PragmaGO Spain”). PragmaGO Spain is a company incorporated under Spanish law with its headquarters in Barcelona, Spain. The Issuer subscribed for 100% of PragmaGO Spain’s share capital, which amounts to €3,000 and is divided into 3,000 undivided shares of €1 each.
The establishment of a foreign subsidiary is part of a long-term foreign expansion strategy to offer embedded finance in foreign markets. A local entity will enable effective adaptation of the financial product to regulatory and market requirements, as well as effective cooperation with business partners (including partner platforms). PragmaGO Spain will operate largely on the basis of the Issuer’s technology and operational resources, which will allow for a significant reduction in initial expenditures and rapid scaling of revenues.
PragmaGO Spain will begin operations after it is registered in the Register of Entrepreneurs. Appointed to its Board of Directors are: Vjaceslav Lipko and Joanna Budzik – Lister – persons responsible for the Issuer’s foreign expansion.
The Issuer considered the above information important due to the fact that the establishment of the company in Spain is expected to expand the Issuer’s activities beyond Poland.
Legal basis: Article 17 (1) MAR – confidential information.
RB 4/2026
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 and for 2025. The final results will be provided in the content of the interim report scheduled for publication on April 23, 2026.
Q4 2025 results.
Turnover understood as the face value of financed receivables in Q4 2025 amounted to PLN 838.6 million, up 24% year-on-year, of which PLN 583.7 million was attributable to factoring (up 14% year-on-year) and PLN 254.9 million to loans (up 55% year-on-year), including embedded finance products (Merchant Cash Advance and BNPL B2B).
The value of financed receivables under digital factoring amounted to PLN 372.5 million, up 35% from Q4 2024.
In Q4 2025, 15,761 businesses used PragmaGO Group’s services (a 16% increase over the same period in 2024), completing a total of 232,811 transactions (a 42% increase over the same period in 2024). Factoring was used by 1,338 customers (8% more than in the corresponding period of 2024).
In the fourth quarter of 2025, 14,470 entrepreneurs used embedded finance services(up 17% from Q4 2024), including:
- The Merchant Cash Advance service was used by 3,278 entrepreneurs(up 53% year-on-year in 2024), who received financing worth PLN 154.7 million (up 70% year-on-year in 2024),
- BNPL ‘s services (B2B deferred payments, including PragmaPay) were used by 11,751 entrepreneurs(up 12% y/y), who received financing worth PLN 98.4 million (up 33% from Q4 2024).
2025 results.
In 2025, the PragmaGO Group’s total turnover was PLN 3.1 billion (up 29% y/y), of which factoring generated PLN 2.2 billion (up 19% y/y) and loans PLN 877.6 million (up 67%). Factoring was used by 2,436 customers (up 2% year-on-year). The value of financed receivables under digital factoring amounted to PLN 1.4 billion, an increase of 40% y/y.
The value of financing provided for embedded finance services amounted to PLN 871.9 million (up 66% y/y), benefiting 23,921 companies (+24% y/y), including:
- The Merchant Cash Advance service was used by 6,626 entrepreneurs (up 67% y/y), who received financing worth PLN 539.8 million (up 95% y/y),
- BNPL’s services (B2B deferred payments) were used by 18,811 entrepreneurs (up 16% y/y), who received financing worth PLN 322.2 million (up 33% y/y).
During 2025, PragmaGO Group provided services to 26,297 traders, an increase of 22% over 2024. They completed a total of 823,219 transactions (up 64% year-on-year).
The above figures include the results of the PragmaGO Group, including Telecredit IFN S.A. (Omnicredit), a Romanian fintech that joined the PragmaGO Group on December 5, 2024.
Legal basis – Article 17 (1) Regulation of the European Parliament and of the Council ( EU) No. 596/2014 (MAR)
RB 3/2026
Pursuant to § 84 (1) of the Decree of the Minister of Finance dated June 6, 2025 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 Decree), the Management Board of PragmaGO S.A. informs that periodic reports in 2026 will be made public on the following dates:
1. annual report for 2025: April 23, 2026.
2. quarterly report for Q1 2026: May 21, 2026
3. Semi-annual report for H1 2026: September 17, 2026
4. Quarterly report for Q3 2026: November 19, 2026.
At the same time, the Company’s Board of Directors declares that:
1. in accordance with Paragraph 83(2) of the Ordinance, the Issuer will not provide a quarterly report for the fourth quarter of the 2025 fiscal year and a quarterly report for the second quarter of the 2026 fiscal year,
2. in accordance with Paragraph 63(1) of the Ordinance, the Issuer will provide consolidated quarterly reports for the first and third quarters of the 2026 fiscal year containing quarterly financial information and will not provide separate stand-alone quarterly reports for these reporting periods,
3. In accordance with Section 63(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 2026 will include the Issuer’s condensed semi-annual financial statements together with the report of the auditing firm.
RB 2/2026/K
The Issuer informs that the current report published on January 20, 2026 was mistakenly numbered 2/2026. The correct numbering of this report is 1/2026.
The correction described above does not affect the rest of the content of the corrected report, which remains unchanged.
Legal basis: § 16 (2) of the Decree of the Minister of Finance dated June 6, 2025 on current and periodic information (…).
RB 2/2026
In accordance with the Terms and Conditions of Issuance of bonds of series U, B1, C6, D2 and D3, PRAGMAGO S.A. presents a report on the status of the pledged receivables securing the claims of bondholders of these series. As of December 31, 2025, the nominal value of the claims included in the set of pledged claims for each series amounted to.
For the U series, PLN 12,477,517.
for the B1 series PLN 15,702,251.
for the C6 series PLN 36,041,767.
For the D2 series, PLN 45,283,984.
For the D3 series, PLN 61,127,212.
Total value of the collection: PLN 170,632,731.
A state of shortage did not exist.
Total receipts to the pledged bank account established to secure receivables from Series U, B1, C6, D2 and Series D3 Bonds for the last 6 months amounted to PLN 273,282,499.
The value of the Loss Ratio as of 31/12/2025 is 0.23%.
Legal basis – Article 17 (1) of Regulation (EU) No. 596/2014 of the European Parliament and of the Council (MAR).