QUALCO GROUP S.A. (the Company) informs the investment community as follows:
With a view to making effective and optimal use of available funds, and following the recommendation of its Audit Committee, the Company's Board of Directors unanimously decided, by resolution dated 29 October 2026, to further amend the use of the funds raised through the Company's cash share capital increase, pursuant to the resolution of the Company's Extraordinary General Meeting of 14 March 2025 and in accordance with the terms of the prospectus approved by the Hellenic Capital Market Commission on 6 May 2025 (the Proceeds), as follows:
(a) the unallocated balance of Use (A) in Section 17 of the Prospectus as at 21 October 2026, amounting to €1,239 thousand, representing 2.2% of the total Proceeds, is to be used for the purposes of Use (C), namely as working capital for the Company and its subsidiaries; and
(b) the period for deploying the total remaining amount of the Proceeds, amounting to €3,916 thousand, representing 6.8% of the total Proceeds, is to be extended by six (6) months, from 15 November 2026 to 15 May 2027, to allow sufficient time for the funds to be deployed effectively in line with the revised allocation.
The above amendment is considered beneficial to the Company, as it allows available funds to be used more efficiently, while strengthening its financial flexibility and supporting its current operational and broader business needs.
The above amendment does not constitute a material change within the meaning of Article 22 of Law 4706/2020 and therefore does not require approval by the Company's General Meeting of Shareholders.