Conclusion of Reverse Factoring Agreement No. 2754/06/2022 with PKO Factoring SA

Title: The Management Board of Answear.com SA (hereinafter: _quot;the Company_quot;) informs that on June 28, 2022 the Company concluded the Reverse Factoring Agreement with PKO Faktoring SA with its registered office in Warsaw (hereinafter: _quot;Factor_quot;), on the basis of which the Factor undertakes to purchase - under the terms of the agreement - the Company's suppliers receivables up to the amount of PLN 15 million (PLN fifteen million).

Date: 2022.29.06

The Management Board of Answear.com SA (hereinafter: _quot;the Company_quot;) informs that on June 28, 2022 the Company concluded the Reverse Factoring Agreement with PKO Faktoring SA with its registered office in Warsaw (hereinafter: _quot;Factor_quot;), on the basis of which the Factor undertakes to purchase - under the terms of the agreement - the Company's suppliers receivables up to the amount of PLN 15 million (PLN fifteen million).

The limit was granted for a period of 24 months from the date of the conclusion of the Factoring Agreement, i.e. until June 27, 2024.

The Company may use the limit in the following currencies: PLN, EUR.

Agreement collateral are as follows:

1. Blank promissory note issued by the Company, with the Borrower's promissory note declaration

2. Power of attorney to the bank account maintained by PKO Bank Polski SA

3. Repayment guarantee granted by Bank Gospodarstwa Krajowego (hereinafter: _quot;BGK_quot;) in the amount of 80% of the limit amount, ie in the amount of PLN 12 million for the period of 27 months, ie until September 27, 2024.

4. The collateral for BGK is a blank promissory note issued by the Company, bearing the Borrower's promissory note declaration.