Finalization of the transaction concerning increase of Grupa Pracuj S.A.’s involvement in the Ukrainian companies running businesses under the names Work.ua and Robota.ua

With reference to the current report no. 11/2024 dated November 04, 2024 the Management Board of Grupa Pracuj S.A. with its registered office in Warsaw (the “Company” or “Grupa Pracuj”) informs that on May 13, 2025 the Company entered into a share purchase agreement with Mr Andriy Borovyk, based on which Grupa Pracuj acquired from Mr Andriy Borovyk (i) indirectly 29.4% of the shares in Ukrainian company Gravitatciya-U TOV (“Gravitatciya-U”) and directly 29.4% of shares in Cypriot company GVT Ltd (“GVT”) for the total purchase price of USD 7,644,000. At the same time, the other actions necessary to finalize the transaction were made.

Gravitatciya-U holds 33% of the shares in Robota International TOV (Robota.ua) and 67% of the shares in Work Ukraine TOV (Work.ua), whereas GVT holds 33% of shares in Snowless Global Ltd and 67% of shares in WorkIP Ltd. 

As a result of the transaction, Grupa Pracuj holds:

-          directly 100% of shares in Onorat Holdings Ltd with its registered seat in Cyprus (“Onorat”);

-          indirectly 29.4% shares in Gravitatciya-U TOV (through Onorat);

-          directly 29.4% shares in GVT Ltd;

-          in total (directly and in directly) 76.7% (of which 67.0% directly) in Robota International TOV;

-          in total (directly and in directly) 76.7% (of which 67.0% directly) in Snowless Global Ltd;

-          in total (directly and in directly) 52.7% (of which 33.0% directly) in Work Ukraine TOV; and

-          in total (directly and in directly) 52.7% (of which 33.0% directly)  in WorkIP Ltd.

The transaction does not change the way both businesses are run or the existing approach for consolidating financial results.