Allterco : Additional Information

ALLTERCO JSCo

103 Cherni Vrah Blvd.

1404 Sofia Bulgaria tel: [phone] www.allterco.com

ADDITIONAL INFORMATION

in accordance with Art. 33a in relation to Art. 33, para. 1, item 7 of Ordinance № 2 of FSC dated 17.09.2003 about the prospectus for public offering and the admission to trading on a regulated market of securities and the disclosure of information

as of the third quarter of 2021

on a consolidated basis

1. Information about the changes in the accounting policy during the reporting period, the reasons for their connection and how they affect the financial result and the equity of the issuer

During the reporting period there was no change in the accounting policy of ALLTERCO JSCo.

2. Information about changes in the economic group of the issuer, if it participates in such a

group

In March 2021 Allterco JSCo has established an associated company in China - Allterco Asia Ltd. with registered office in Shenzhen. The registered capital of the new company is CNY 100 000 and the participation of Allterco JSCo is 30 % with an option to acquire additional up to 50% and reach a controlling stake of 80%.

During the reporting period there was a change in the economic group of ALLTERCO JSCo as follows: the shares of Allterco JSCo in the subsidiary companies ALLTERCO PTE (Singapore), ALLTERCO SDN (Malaysia) and ALLTERCO Co., Ltd. (Thailand) were sold to Skylight Venture Capital Pte. Ltd. In accordance with the signed on September 27,2021 Share Purchase Agreement (SPA). The transfer of the shares is subject to registration according to the applicable legislation in the country of registration of the respective company.

During the reporting period the Board of Directors of Allterco JSCo has decided on the establishment of a subsidiary company in Germany - Allterco Europe GmbH. The German company will have its seat and registered office in Munich, Germany and registered capital EUR 500 000, 100 % owned by Allterco JSCo.

3. Information on the results of organizational changes within the issuer, such as transformation, sale of companies from the economic group, in-kind contributions from the company, rental of property, long-term investments, suspension of activity

• no organizational changes have been made within the issuer
  In compliance with Art. 34a of the Statute of the Company, the General Meeting of the Shareholders on 15.10.2021, the Board of Directors of Allterco JSCo has formed an Advisory Board chaired by Mr. Gregor Bieler
• no transformation proceedings have been initiated;
• no in-kind contributions have been made by the issuer;
• no property of the company has been leased;
• there are no suspended activities;
• long-terminvestments have been made - investment in associated company - In March 2021 Allterco JSCo has established a new company in China named Allterco Asia Ltd. with a seat at Shenzhen. The registered capital of the new company is CNY 100 000 and the participation of

Allterco JSCo is 30 % with an option to acquire additional up to 50% and reach a controlling stake of 80%.

• there was a sale of shares in subsidiary companies - the shares of Allterco JSCo in the subsidiary companies ALLTERCO PTE (Singapore), ALLTERCO SDN (Malaysia) and ALLTERCO Co., Ltd. (Thailand) were sold to Skylight Venture Capital Pte. Ltd. In accordance with the signed on September 27,2021 between the partied Share Purchase Agreement (SPA). The transfer of the shares is subject to registration according to the applicable legislation in the country of registration of the respective company.

4. Opinion of the management body on the possibilities for realization of published forecasts for the results of the current financial year, taking into account the results of the current half-year, as well as information on the factors and circumstances that will affect the achievement of the forecast results at least until the end of the current financial year. year:

As of the end of the reporting period ALLTERCO JSCo reported on consolidated basis a profit at the amount of BGN 10 046 thousand, which is an increase by 64,0 % compared to the same reporting period of the previous year.

The revenue from sale of devices (goods and won production) increased by 57,3% during the 9 months of 2021 compared to the same period of previous year. The revenue from services decreased by 99,6% during the period, which is due to the sale of the remaining daughter companies, which provided telco value-added services.

During the 9 months of 2021 the Company reported positive result from operations with financial instruments, which include:

• BGN 49 thousand from sale of shares of Link Mobility Group

BGN 201 thousand from the sale of its participation in 3 subsidiaries;

Allterco JSCo has published forecasts for 2021 on a consolidated basis as part of the Prospectus for public offering of shares from the capital increase of Allterco JSCo, together with the amendments thereto available on the official website of the Company at https://allterco.com/documents/IPO/2020/Registration%20document_consolidated%20version%2 02_EN.pdfBased on the financial results of the Company as of the end of the reporting period the management body of the Company considers that these forecastes will be achieved.

5. Data on the persons holding directly and indirectly at least 5 per cent of the voting shares in the General Meeting at the end of the respective quarter, and the changes in the number of voting shares held by the persons for the period from the end of the previous quarter

Shareholders holding at least 5 percent of the votes in the GMS of Allterco JSCo as of 30.09.2021

	NAME OF SHAREHOLDER			CAPITAL
			PERCENTAGE
	SvetlinTodorov			32,48 %
	Dimitar Dimitrov			32,48 %
	Other individuals and legal entities			35,04 %

Change in the number of votes held for the period 01.01.2021 - 30.09.2021

During the reporting period there was no change in the number of voting shares held by these shareholders.

6. Data on the shares held by the management and supervisory bodies of the issuer at the end of the respective quarter period, as well as the changes that have occurred for the period from the end of the previous quarter for each person separately

Members of the Board of Directors

	NAME OF SHAREHOLDER			CAPITAL
			PERCENTAGE
	SvetlinTodorov	32,48 %
	Dimitar Dimitrov	32,48 %
	Nikolay Martinov *	0 %

• Nikolay Martinov has no direct interest in the capital of the Issuer. The companies Unicom Consult EOOD, in which he is the sole owner of the capital and manager, Impetus Capital OOD and Impetus Partners OOD, in which he is a partner respectively with 50% and 43,75 % of the capital and manager, as well as ImVenture I KDA and ImVenture II KDA, in which he is a representative of the legal entity - "Impetus Capital" OOD, have respectively: "Unicom Consult "EOOD - 84,750 shares (0.47%), Impetus Capital OOD 27,000. shares and 162,000 voting rights (0.9%), Impetus Partners OOD 405,000 shares (2.25%) ImVenture I KDA 123,288 shares (0.68%), ImVenture II KDA - 68,493. shares (0.38%) in the capital of Allterco JSCo and a total 708,531 number of shares and 843,531 voting rights (4.686%) of the voting rights in its General Meeting.

No changes regarding these persons have occurred following the previous quarter period.

7. Information on pending court, administrative or arbitration proceedings concerning liabilities or receivables amounting to at least 10 percent of the issuer's equity; if the total value of the issuer's liabilities or receivables under all initiated proceedings exceeds 10 per cent of its own capital, information shall be provided for each proceeding separately

There are no pending court, administrative or arbitration proceedings concerning liabilities or receivables amounting to at least 10 percent of the issuer's equity.

Regarding the claims of Link Mobility Group AS (Link), which the Norwegian company made with an official letter dated July 6, 2020 in connection with the Share Purchase Agreement (SPA) concluded with Allterco JSCo for the acquisition of its telecommunications business in Europe, including EUR 1 561 535.80, which Link has stated that it will set off against the obligation to pay the balance of the price and the amount of EUR 1 337 210.20, payable by bank transfer or by return of the shares of the capital of the sole owner of Link Mobility Group AS acquired by Allterco JSCo as part of the price, as well as costs and other costs in connection with these claims - currently these claims are not subject to any legal or arbitration proceedings by Link.

In relation to the same transaction, in August 2021 the buyer did not fulfil its obligation of the buyer for payment of the remaining 20% of the price (BGN 3 053 thousand) was due and as of the date of this report has yet not been paid. The management of the company has initiated a procedure for the collection of the amount due under the terms of the contract but currently no legal or arbitration proceedings have been initiated by the Company.

8. Information on the loans granted by the issuer or its subsidiary, providing guarantees or assuming obligations in total to one person or its subsidiary, including related parties, indicating the nature of the relationship between the issuer and the person, the amount of outstanding principal, interest rate, payment deadline, amount of commitment, conditions and term

During the reporting period the Board of Directors of Allterco JSCo has approved the financing of the activity of the associated company Allterco Asia Ltd as follows: a loan amount upto a limit of EUR 250 000, for a period of 1 year against one-month EURIBOR, increased by 2,7 (two point seven) point of allowance per year, but not less than 2,7% (two point seven percent) total annual interest, which is accrued on a 3-months basis to the utilized amount of the loan limit. As of the date of the report, no cash have been transferred to the associated company in connection with the approved financing.

During the reporting period Allteco JSCo or its subsidiary company have not granted any other loans, provided guarantees or assumed obligations in total to one person or its subsidiary, including related parties.

Dimitar	Digitally signed by
Dimitar Stoyanov
Stoyanov
Dimitrov
Dimitrov	Date: 2021.11.25
19:04:25 +02'00'

…………………………………….

Dimitar Dimitrov

CEO, Allterco JSCo