Allterco : Inside Information

ALLTERCO JSCo

103 Cherni Vrah Blvd.

1404 Sofia Bulgaria tel: [phone]

www.allterco.com

PRESENTATION OF THE INTERNAL INFORMATION UNDER ART 7 OF ПРЕДСТАВЯНЕ НА ВЪТРЕШНА ИНФОРМАЦИЯ ПО ЧЛ. 7 ОТ REGULATION (EU) No 596/2014 OF THE EUROPEAN PARLIAMENT AND OF THE COUNCIL OF 16 APRIL 2014 ON MARKET ABUSE (Market Abuse Regulation)

About the circumstances occurred during the 6-months period 01.01.2021 - 30.06.2021

	On consolidated basis
Date	NOTIFICATION
14.01.2021	The Company has disclosed to the FSC and the Public the following information:
	We hereby inform you that in 2021 ALLTERCO JSCo is starting a registration process of
	ALLTERCO JSCo shares for trading on the Frankfurt Stock Exchange. The reason behind the
	company's decision is the great investor interest from consumers, partners and institutional
	investors abroad. The listing aims to make the shares of ALLTERCO JSCo accessible for more
	investors outside Bulgaria, as well as to provide the company with access to more
	opportunities for financing and business development. ALLTERCO JSCo envisages the
	process to be completed within the next 12 to 18 months, taking into account that the
	registration is associated with a long and complex administrative and organizational
	process. Consultants of the listing are Еxpat Capital SA.
14.01.2021	The Company has disclosed to the FSC and the Public the following information:
	In accordance with Art. 148b in relation to Art. 100t POSA, we hereby inform you that the
	following notification for significant share participation has been received in the office of
	Allterco JSCo: Notification under Art. 145 of the POSA by the shareholder Viktor Georgiev
	Atanasov, regarding a change of his share participation from the thresholds under Art. 145,
	para. 1 of the Public Offering of Securities Act (falling of his voting right below 5 per cent),
	namely - to 2.09%, as a result of disposition (sale) of 744 000 shares of the 1 120 500 shares
	held by him in the capital of Allterco JSCo, ISIN BG1100003166, done on 08.01.2021 and
	registered with the Central depository on 12.01.2021
26.01.2021	Тhe Company has published Notification of the Financial Position of ALLTERCO JSCo fourth
	quarter of 2020 on individual basis
02.02.2021	The Company has disclosed to the FSC and the Public the following information:
	Herewith and within the legally established term we inform you that the following
	notifications under Art. 19, para. 1 of Regulation (EU) № 596/2014 of the European
	Parliament and of the Council were received at the office of Allterco JSCo: Notification by
	Allterco Robotics EOOD of а transaction performed by the company on 28.01.2021 outside
	the regulated market - through the investment intermediary Karoll AD and namely -
	disposal of 3 883 shares (ISIN BG1100003166) of Allterco JSCo - additional remuneration of
	employees of Allterco Robotics EOOD, at average price of BGN 6.925 per share. The
	notification was submitted by Allterco Robotics EOOD as a person closely associated with a
	person discharging managerial responsibilities and namely - Mr. Svetozar Iliev, who is a
	manager of Allterco Robotics EOOD and CFO of Allterco JSCo; Notification by Mr. Svetozar
	Iliev, as a person discharging managerial responsibilities, of а transaction performed by him
	on 28.01.2021 outside the regulated market - through the investment intermediary Karoll
	AD and namely - acquisition of 652 shares (ISIN BG1100003166) of Allterco JSCo - additional

ALLTERCO JSCo

103 Cherni Vrah Blvd.

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

	remuneration in his capacity as an employee - general manager of Allterco Robotics EOOD,
	at price of BGN 6.90 per share.
05.03.2021	The Company has announced to the FSC and to the Public the following information:
	We hereby inform you that in connection with the announced plans of the company to
	enter the Asian market and for optimizing the logistics in the region, the Board of Directors
	of Allterco JSCo has decided to establish a subsidiary company in China. The Chinese
	company will have its headquarters and address in Shenzhen, Guangdong Province, where
	a large part of the manufacturing process of Allterco Robotics EOOD products is currently
	concentrated. The capital of the new company will be CNY 100 000 or BGN 25 124.30 under
	the BNB fixing as of March 4, 2021, where the participation of Allterco JSCo is 30% with the
	possibility of acquiring additionally up to 50 % and reaching a controlling stake of up to 80%
	at the discretion of the holding in the event of good development of the project. The rest
	of the capital is owned by a long-term partner of Allterco Robotics EOOD in China. The new
	company is subject of registration process according to the Chinese law.
08.03.2021	The Company has announced to the FSC and to the Public the following information:
	Based on the consolidated financial results of the company for the fourth quarter of 2020
	that were announced on 01.03.2021, the company notifies the following: As of the last
	quarter of 2020, Allterco JSCo reports on a consolidated basis a net profit of BGN 13 934
	thousand, which is an increase of 94.34% compared to the same period of 2019. Significant
	increase - by 91.27% marked the revenue from sales of IoT devices branded MyKi and
	Shelly, in the amount of BGN 40.2 million (revenue from sales of goods and production) out
	of BGN 46.8 million total sales revenue. In material aspect, these are 1.6 million devices
	sold in more than 100 countries around the world. The reported sales are indicative of the
	growing popularity of the products of the subsidiary Alterco Robotics EOOD, as according
	to its data one new device is activated every 20 seconds. The company is to announce final
	data on an annual basis with its annual consolidated financial statements by 05.05.2021.
26.03.2021	The Company has announced to the FSC and to the Public the following information:
	In connection with the previously announced intention of Allterco JSCo to sell the
	telecommunication business of the company in Asia, we hereby inform you that on March
	26, 2021 an indicative offer for the acquisition of the participations of Allterco JSCo in the
	subsidiaries ALLTERCO PTE (Singapore), ALLTERCO SDN (Malaysia) and ALLTERCO Co., Ltd.
	(Thailand) was made to the company. The offer was sent by the Singaporean company
	Skylight Venture Capital Pte. Ltd. and the proposed price of EUR 2 100 000 is indicative and
	subject to negotiations after a detailed due diligence. The company will disclose any
	additional information regarding the progress of the negotiations and the possible
	transaction in accordance with the legal requirements.
05.04.2021	The Company has announced to the FSC and to the Public the following information:
	Based on preliminary consolidated data for the first quarter of 2021, we hereby inform you
	of the following: As of the end of the first quarter of 2021, Allterco JSCo reports on a
	consolidated basis revenue from sale of devices in the amount of BGN 13.8 million, which
	is an increase of 91% compared to the same period in 2020. The data are based on sales of
	IoT devices by the subsidiary companies and do not include revenue from sale of
	telecommunications services in the Asian market. The main part of this revenue is formed

ALLTERCO JSCo

103 Cherni Vrah Blvd.

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

	by sale of devices from the product line for home automation Shelly, which reported an
	increase of 114% compared to the same period in the previous year. The brand registered
	sales of in total 610 664 devices worldwide, of which 594 251 in the European and 16 413
	in the American market, amounting to a total of 12 696 thousand BGN. The company is to
	announce its final results for the first quarter of 2021 on a consolidated basis within the
	statutory period - by the end of May 2021
21.04.2021	The Company has announced to the FSC and to the Public the following information:
	Herewith and within the legally established term we inform you that at the office of Allterco
	JSCo there was received a notification under Art. 19, para. 1 and para.8 of Regulation (EU)
	№ 596/2014 of the European Parliament and of the Council, from Albena Ilieva about
	transactions performed on 16.04.2021 personally by her and on her own account on a
	regulated market - Bulgarian Stock Exchange and namely - purchasing of 759 shares (ISIN
	BG1100003166) of Allterco JSCo at average price of BGN 13.10 per share. The notifying
	person is а person closely associated with a person discharging managerial responsibilities
	and namely - Mr. Svetozar Iliev, CFO of Allterco JSCo.
29.04.2021	The Company has announced to the FSC and to the Public the Notification of the Financial
	Position of the Company on an individual basis for the first quarter of 2021.
05.05.2021	The Company has announced to the FSC and to the Public the annual consolidated financial
	report of the Company for 2020.
27.05.2021	The Company has announceд to the FSC and to the Public the publishing of an Invitation
	for the Ordinary Annual General Meeting of the Shareholders together with agenda and
	materials.
08.06.2021	The Company has announced to the FSC and to the Public the following information:
	We hereby inform you of the following: On the basis of the exemption from the obligation
	to publish a prospectus under Article 1, paragraph 5, point(j) of REGULATION (EU)
	2017/1129 of the European Parliament and of the Council of 14 June 2017 on the
	prospectus to be published when securities are offered to the public or admitted to trading
	on a regulated market, and repealing Directive 2003/71/EC (the "Prospectus Regulation"),
	Allterco JSCo has published an Exemption Document for the purpose of admission to
	trading on a regulated market -the Frankfurt Stock Exchange - of 17 999 999 ordinary
	dematerialized shares of Allterco JSCo, ISIN BG1100003166. On the basis of the said legal
	exemption is seeking for admission to trading on the Frankfurt Stock Exchange without a
	Prospectus, for which purpose a document with the content of in compliance with Article
	7 ("Prospectus summary") of the Prospectus Regulation has been prepared, which
	document is intended to provide the key information that investors need in order to
	understand the nature and the risks of the Issuer and the securities which admission to
	trading on the regulated market in Germany is sought, and that is to be read to aid investors
	when considering whether to invest in these securities. The document is prepared in
	Bulgarian, English and German language and is available on the website of Allterco JSCo on
	the following address: - In Bulgarian at https://allterco.com/за-инвеститорите/публично-
	предлагане/2021-година/ - In English and German at https://allterco.com/en/for-
	investors/public-offering/year-2021/ The admission to trading on the Frankfurt Stock
	Exchange is subject to an administrative procedure.

ALLTERCO JSCo

103 Cherni Vrah Blvd.

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

09.06.2021	The Company has announced to the FSC and to the Public the following information:
	In reference to an indicative offer addressed to Allterco JSCo ("the Company") by the
	Singaporean company Skylight Venture Capital Pte. Ltd. for the the acquisition of the
	participations of Allterco JSCo in the subsidiaries ALLTERCO PTE (Singapore), ALLTERCO SDN
	(Malaysia) and ALLTERCO Co., Ltd. (Thailand), herewith we inform you the following: The
	Board of Directors of Allterco JSCo has approved and on 8 June 2021 the Company has
	signed with Skylight Venture Capital Pte. Ltd. a non-binding agreement (Term Sheet) where
	the parties determine the conditions for signing a share-purchase agreement and the terms
	of the purchase as follows: - Purchase price: EUR 2 100 000 on a cash-free/dept-free basis
	- Payment terms: i. 50% will be paid upon signing of a share-purchase agreements; ii. 25%
	will be paid 18 months following the signing of the share-purchase agreement; iii. 25% will
	be paid 36 months following the signing of the share-purchase agreements. The Term Sheet
	shall be valid for 6 months as of its signing. The signing of a share purchase agreement is
	subject to a due diligence and negotiations between the parties. The Company will disclose
	any further information about the development of the negotiations and the eventual
	transaction in accordance with the legal requirements.
18.06.2021	The Company has announced to the FSC and to the Public the following information:
	Herewith and within the legally established term we inform you that the following notices
	were received at the office of Allterco JSCo: Notification under Art. 19, para. 1 of Regulation
	(EU) № 596/2014 of the European Parliament and of the Council from IMPETUS CAPITAL
	OOD, in its capacity as a person closely associated with a person discharging managerial
	responsibilities and namely - Nikolay Angelov Martinov, who is a member of the Board of
	Directors of Allterco JSCo and managing director of IMPETUS CAPITAL OOD, of transactions
	conducted by IMPETUS CAPITAL OOD and on the own account of this entity as follows: repo
	(a closing transaction) for 135 000 shares of Allterco JSCo, (ISIN BG1100003166) at price of
	BGN 1.971, on 15.06.2021 through the investment intermediary Elana Trading AD; repo (a
	opening transaction) for 135 000 shares of Allterco JSCo, (ISIN BG1100003166) at price of
	BGN 1.90, on 15.06.2021 through the investment intermediary Elana Trading AD
28.06.2021	The Company has announced to the FSC and to the Public the following information:

Herewith we inform you that at his regular annual session, held on 28 June 2021, the General Meeting of the Shareholders of Allterco JSCo adopted the following decision: 1. Approval of the Annual Report of the Board of Directors on the business activities for the year 2020; 2. Approval of the Annual Consolidated Report of the Board of Directors on the business activities for the year 2020; 3. Approval of the Audited Annual Financial Report of the company for the year 2020 and the Report of the certified auditor; 4. Approval of the Audited Annual Consolidated Financial Report of the company for the year 2020 and the Report of the certified auditor; 5. Allocation of BGN 300 000 out of a total of BGN 5 702

946.09 Share emission reserves to the Reserve Fund, thus supplementing the fund to the amount of BGN 1 800 000, representing 1/10 of the registered capital, according to the requirements of the Commercial Law and the Statute of the Company; 6. Allocation of the company's profit after taxes reported for the year 2020 in the amount of BGN 2 330 453.66 as follows: BGN 607 960.34 to be allocated to the shareholders as a dividend, and the rest in the amount of BGN 1 722 493.32 to be referred to the retained earnings; 7. Distribution and payment of dividends from the retained earnings for previous years in the total amount

ALLTERCO JSCo

103 Cherni Vrah Blvd.

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

	of BGN 2 992 039.46, as follows: BGN 58 549.41 from the retained earnings for 2018 and
	BGN 2 933 490.05 from the retained earnings for 2019; 8. Allocation and payment of
	dividend to the shareholders under the following conditions: Total amount to be allocated
	as a dividend: BGN 3 599 999.8; Dividend per share: BGN 0,20 per share; Payment term: 60
	days as of the date of the session of the General Meeting of the Shareholders, on which the
	decision for distribution of dividend is adopted; Method of payment - through the Central
	Depository AD and in accordance with the requirements of the Public Offering of Securities
	Act and Ordinance 8 dated 12.11.2003 about the Central Depository, issued by the FSC;
	Entitled to receive a dividend are the persons, registered with the Central Depository AD as
	shareholders with right to dividend on the 14th day after the session of General Meeting
	of the Shareholders, on which the annual financial report of the company was approved.
	The terms for the dividend payment, including the choice of a commercial bank shall be
	determined by a decision of the Board of Directors. 9. Release from responsibility of the
	members of the Board of Directors for their activities during 2020; 10. Approvаl of the
	Annual Report on the activities of the IR director of Allterco JSCo for 2020 11. Election of a
	certified auditor for 2021 - Primorska Audit Company Ltd., UIC: 103599983, a certified
	auditor registered under number 086 and with leading auditor Mr. Marian Nikolov, licensed
	expert-auditor and certified auditor registered under number 0601; 12. Approval of the
	Report for the implementation of the Remuneration Policy of the members of the Board of
	Directors of Allterco JSCo for 2020; 13. Re-election of the members of the audit committee
	of the company for a new one-year mandate - Aneliya Petkova Angelova - Tumbeva,
	Kameliya Vassileva Filipova, Albena Benkova Beneva; 14. Approval of the Annual Report of
	the Audit Committee for 2020 15. Amendment of the remunerations of the members of
	the Audit Committee, as per the written materials; 16. Adoption of a new Remuneration
	Policy for the members of the Board of Directors as per the written materials; 17.
	Amendment of the remunerations of the members of the Board of Directors as per the
	written materials and supplement of the currently provided management guarantees to
	the total amount of 3 gross monthly remunerations. 18. Approval of remuneration scheme
	based on shares of the Company for the members of the Board of Directors for 2021, as
	per the written materials. 19. Approval of an Incentives Program for employees of the
	Company and its subsidiaries based on shares from the capital of the Allterco JSCo as an
	additional remuneration (annual bonus), as per the written materials. 20. Amendments and
	supplements to the Statute of the Company, as per the written materials The Company will
	publish the official Record of the General Meeting of the Shareholders within the legally
	provided term.
28.06.2021	The Company has announced to the FSC and to the Public a notice for distribution and
	payment of dividend.
30.06.2021	The Company has published to the FSC and to the Public Minutes of the General Meeting
	of the Shareholders from 28.06.2021;
07.07.2021	The Company has announced to the FSC and to the Public the following information:
	The Company has announced to the FSC and to the Public the following information:
	Based on preliminary consolidated data at the end of the second quarter of 2021, we
	hereby inform you of the following: Preliminary data as of June 30, 2021 show significant
	increase in revenue from sale of devices and thereto related services, compared to the
	same period in 2020, which is an increase of 74.8% compared to the same period in 2020.