INVESTOR RELEASE

Extraordinary disclosure

Budapest, June 14, 2018 - WABERER'S INTERNATIONAL Nyrt., in accordance with its disclosure obligation as stated in point 1.27 of Annex 4 of Decree No. 24/2008. (VIII. 15) of the Minister of Finance, announces that it has received a decision from Magyar Nemzeti Bank under the number H-PJ-III-B-30/2018, dated June 13, 2018 stating the following:1

"As a result of exercising its continuous supervision of WABERER'S INTERNATIONAL Nyilvánosan Működő Részvénytársaság (registered office at 1239 Budapest, Nagykőrösi út 351.; company registration number: 01-10-041375)(Issuer), Magyar Nemzeti Bank (registered office at 1054 Budapest, Szabadság tér 9.; site: 1013 Budapest, Krisztina krt. 39.)(MNB) issues the following

resolution.

I. MNB warns the Issuer to comply with the statutory provisions regarding regular disclosure obligations within the specified deadlines, in this regard to take measures to disclose the number of voting rights attached to its shares by series, the amount of treasury shares and the registered capital for the last calendar day of each month within the deadline and inform MNB of these information via disclosure.

II. In accordance with the reasoning Section III of this resolution for the infringement of the obligation of regular disclosure of information, MNB obliges the Issuer to pay a supervisory fine of HUF 150,000 that is one hundred and fifty thousand forints.

No procedural costs were incurred in establishing the facts of the decision.

The supervisory fine imposed shall be settled within 30 (thirty) days from the date on which the decision becomes final and binding, to the account of the MNB 19017004-01678000-30900002 with a designation "supervisory fine" and indicating the number of the resolution.

In case of failure to voluntarily pay the supervisory fine, the rules of administrative enforcement shall be applied. Failure to meet the deadline for payment of the supervisory fines shall be subject to late payment surcharge on the unpaid amount that is amounting to 1/365 of the double of the central bank base rate at the time of charging for each calendar day passed. No late payment surcharge shall be paid for the failure of the deadline of the late payment surcharge.

1 A complimentary translation of the original Hungarian text of the decision follows.

The late payment surcharge shall be paid to the account of the MNB, indicating the number of the resolution and including "late payment surcharge". If the liable does not meet its payment obligations within the deadline, the payment obligation shall be enforced without delay.

There is no appeal against this resolution, however, the client or those whose right or legitimate interest is directly affected by the administrative activity may file administrative proceedings within 30 (thirty) days from the date of notification of the decision on the ground of infringement of law.

Legal representation is required in the litigation. The application must be filed with the Budapest-Capital Regional Court, via using the relevant form at the MNB.

The filing of application has no suspensive effect on the enforcement or the effect of the resolution, but the client may request immediate legal protection.

The court will, in principle, adjudicate on the proceedings outside court. A court hearing can be requested by the client in the application. Failure to hold a request for a hearing has no place for attestation.

The MNB draws the Issuer's attention to the fact that, insofar as it does not fulfil its obligations under this Decision, or does not fully fulfil or fulfils late, the MNB is entitled to apply measures provided for by law, including the imposition of supervisory fine.

The MNB draws the Issuer's attention to the fact that the number, the operative part and the date of issuance of this resolution must be disclosed without delay, but no later than within one working day, pursuant to the rules of extraordinary disclosure obligation of the Issuer."

WABERER'S INTERNATIONAL Nyrt.

Attachments

Disclaimer

Waberer's International Nyrt. published this content on 14 June 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 14 June 2018 15:47:03 UTC