Short name of the issuer: TALEX

Date of preparation: 2023-03-28

Subject: An analysis of the Company's development opportunities.

Legal basis: Art. 17 (1) of the proposed MAR – confidential information

Current report no.  2/2023

The contents of the report:

The Management Board of Talex S.A. hereby informs of the decision taken on 28 March 2023 on the initiation of the process of analysing the Company’s strategic opportunities for development. The aim of the undertaken actions is to assess the possible directions of the Company’s development and the increase in its value. The Management Board of the Company is open to various options and directions of strategic development of the Company, including the acquisition of a financial investor.

As at the date of this report, the Management Board of the Company does not prejudge the choice of a particular development model for the Company and does not declare a date for such a decision. The Company shall inform about important decisions with regard to the undertaken process by means of separate current reports.

TALEX SA declares that corporate documents and financial reports are published in English for information purposes only. TALEX SA is not liable for the accuracy of the translation of the original documents in Polish. The original versions of that documents are available at the Management Board Office in Poznan, at ul. Karpia 27d.