Special announcement - Gloster on a stable growth path: financial performance expected to improve again in 2024

Extraordinary information

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Gloster Infocommunications Public Limited Company (company registration number: 13-10-042012; registered office: 2142 Nagytarcsa, Csonka János Street 1/A, Building A/2; hereinafter: the Company, Gloster) in accordance with applicable laws, in particular Act CXX of 2001 on the Capital Market.

In accordance with the Act (“Tpt.”) and the General Rules of the Budapest Stock Exchange, we hereby inform our esteemed investors of the following.

Gloster on a Steady Growth Trajectory: Financial Performance Expected to Improve Again in 2024 The projected growth in revenue and EBITDA under IFRS is in line with strategic goals

Based on the Company’s preliminary financial data, the management of Gloster Infokommunikációs Nyrt. expects significant growth in both its consolidated revenue under IFRS and its EBITDA under IFRS in 2024.

Consolidated revenue under IFRS is expected to range between 13,300 and 13,450 million forints, representing a 48–50% increase compared to the 2023 revenue of 8,995 million forints under IFRS. EBITDA under IFRS is also expected to rise, ranging from 850 to 1,100 million forints, representing a 16–51% increase compared to the 2023 IFRS revenue of 730 million forints.

*Consolidated, unaudited annual figures in millions of forints

Respected Investors may find detailed financial data for 2024 in the Company’s Annual Report.

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Nagytarcsa, February 10, 2025

Gloster Infocommunications Plc.

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Further information:

Dr. Adrienn Karlovich-Szabó

investor relations officer

karlovich.szabo.adrienn@gloster.hu

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About Gloster

Gloster is a broad-spectrum international IT service provider listed in the BSE’s Standard category. Over the course of its more than 20-year history, it has evolved from a hardware-focused garage startup into a software-focused company with an international presence. Thanks to Gloster’s aggressive growth strategy, it has completed eleven transactions since 2018 and expanded its operations into the areas of systems integration, cloud solutions, and international software development services. The group currently operates in two business segments (software development and cloud-based services); according to its audited consolidated financial statements for 2023, its revenue (in accordance with Hungarian standards) was 10.3 billion forints, its adjusted EBITDA (in accordance with Hungarian accounting standards) was 976 million forints, and its net income was 414 million forints.

This prospectus was prepared by Gloster Infokommunikációs Nyrt. (headquarters: 2142 Nagytarcsa, Csonka János u. 1/a). This prospectus contains only factual information and reasonable conclusions based on reasonable calculations, which have been disclosed by the authorized parties in accordance with applicable legal obligations. Pursuant to Section 5(1)(9) of the Capital Markets Act (Act CXX of 2001 on the Capital Market), this prospectus does not constitute an “investment recommendation,” and pursuant to the Securities Act (Act CXXXVIII of 2007 on Investment Firms and Commodity Exchange Service Providers and the Rules Governing Their Activities), does not contain any analysis, recommendation, or other information regarding investment analysis, financial instruments, exchange-traded products, or their issuers, the disclosure of which, on its own or in any other way, could influence an investor to make their own or another person’s money or other assets, in whole or in part, dependent on the effects of the capital market. Gloster Infokommunikációs Nyrt. and its representatives assume no liability for investment decisions based on conclusions drawn from the information contained in this prospectus, nor for any adverse legal consequences or financial losses resulting therefrom.