Notification of the Results from the Initial Public Offering of Shares from the Capital Increase of „Webit Investment Network“ AD

With this notice, “Webit Investment Network” AD – a joint-stock company registered in the Commercial Register at the Registry Agency, UIC 206870298, with its seat and registered office at: Republic of Bulgaria, Varna, “Odessos” District, 53-55 “Vladislav Varnenchik” Blvd., hereinafter referred to as the “Company” or the “Issuer”, informs investors about the results of the initial public offering of shares from the Company’s capital increase (the “Offering”). The Offering was conducted in accordance with Section III of Chapter Five, Part III – Rules for the Admission of Financial Instruments to the SME Growth Market BEAM (BEAM Market), adopted by “Bulgarian Stock Exchange” AD, and in compliance with the Admission Document reviewed under Decision Protocol No. 04/04.04.2025 by the BEAM Market Management Committee.

Offering Period and Closing Date

The subscription period for new shares from the Company’s capital increase as part of the Offering began at 9:00 a.m. on April 22, 2025, and ended at 6:00 p.m. on May 12, 2025. During this period, the issue value of 9,723,722 new shares from the Company’s capital increase was paid into the Company’s fundraising account.

Total Number of Subscribed Shares from the Company’s Capital Increase Resulting from the Offering

As a result of the Offering, 9,723,722 (nine million seven hundred twenty-three thousand seven hundred twenty-two) new shares from the Company’s capital increase were subscribed and fully paid. Accordingly, the capital increase and the Offering are considered successfully completed.

Funds Raised from the Offering: As a result of the Offering and the subscription of new shares from the Company’s capital increase, a total of BGN 12,154,652.50 (twelve million one hundred fifty-four thousand six hundred fifty-two leva and fifty stotinki) was raised.

Amount of Commission Fees and Other Offering-Related Expenses

The Company’s total expenses related to the Offering amount to approximately BGN 255,997.50.

This amount includes fees paid to the “Bulgarian Stock Exchange” AD for reviewing the application for trading rights participation in the capital increase, the fee for the authorized investment intermediary – “Karoll” AD, registration fees for the rights issue, and other administrative charges and costs.

This amount does not include planned post-offering expenses for registering the Company’s capital increase in the Commercial Register and the Register of Non-Profit Legal Entities at the Registry Agency, with the “Central Depository” AD, and for the admission of the new shares to trading on the BEAM Market of the “Bulgarian Stock Exchange” AD.

The Company and the authorized investment intermediary – “Karoll” AD encountered no difficulties, disputes, or similar issues in trading rights or share subscriptions.

Sofia, May 13, 2025

Plamen Simeonov Russev – representing the Executive Director of “Webit Management” EOOD

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