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MESSAGE _ENGLISH VERSION_
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The Management Board of MBF Group S.A. with its registered office in
Warsaw _the 'Issuer', "Company"_ hereby announces that on 4 March 2026,
the Issuer entered into a Letter of Intent with DEFENCE.HUB S.A. with
its registered office in Warsaw _the 'Partner'_ a Letter of Intent
regarding technological cooperation in the field of counter-unmanned
aerial vehicle _C-UAS_ systems and the integration of artificial
intelligence-based solutions _the 'Document'_.
The purpose of the Document is to define the framework for cooperation
in the development, integration and commercialisation of C-UAS
technology, in particular in the context of the IRYDA Plus project - an
unmanned hard-kill C-UAS interception system developed by the Issuer
-kill C-UAS, implemented in the form of an industrial and technological
consortium, in which the Issuer acts as the leader and system
integrator. The Document confirms the Parties' willingness to conduct
advanced technical analyses, interoperability tests and conceptual work,
which may form the basis for further stages of commercialisation of
solutions in Poland and abroad.
At the same time, the Issuer's Management Board informs that, regardless
of the above, the scope of potential cooperation also includes the
analysis of the integration of artificial intelligence algorithms,
computer vision systems, autonomous decision-making systems and
multi-modal sensor fusion solutions, including C2 _Command _ Control_
systems. The parties allow for the possibility of joint participation in
domestic and international projects, grant initiatives, research and
development programmes, and tender procedures in the security and
defence sector. If the analyses and tests yield positive results, the
cooperation may be extended by separate implementation agreements
specifying the commercialisation model, division of operational roles
and financial rules. The Company's Management Board believes that
cooperation with the Partner may strengthen the Issuer's design and
integration capabilities in the C-UAS systems segment.
In accordance with the provisions of the Document, each Party retains
the intellectual property rights it held prior to its signing, and any
solutions developed jointly will require separate arrangements. The
Document contains binding provisions on confidentiality and the
protection of sensitive information, taking into account the regulatory
obligations applicable to public companies and the specific nature of
projects related to security and critical infrastructure.
As at the date of publication of this report, the Document does not have
a direct impact on the Issuer's financial situation and does not create
any financial obligations for either Party. Any further stages of
cooperation that could be of significant operational or financial
importance will be subject to separate corporate decisions and
communicated in accordance with applicable law.
The Issuer's Management Board decided to publish this report pursuant to
Article 17_1_ of the MAR Regulation, considering that the conclusion of
the Letter of Intent with the Partner in the area of strategic C -UAS
and AI, constitutes confidential information that may have a potential
impact on investors' assessment of the Issuer's development prospects
and on the price of its financial instruments.
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RB_ASO: Zawarcie Listu Intencyjnego o współpracy technologicznej z DEFENCE.HUB S.A. w obszarze
systemów C-UAS i AI
