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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", the "Company"_, with reference to ESPI Current
Report No. 34/2026 of 5 June 2026 concerning the receipt of an
invitation to participate in international procurement procedures in the
defence sector and the commencement of preparations for the submission
of a bid, hereby announces that, following discussions, correspondence
and verification activities, the parties have established the framework
for future cooperation and a schedule of activities aimed at concluding
multi-stage commercial, technological and design agreements between the
Issuer and a partner from Bangladesh operating in the defence and
security market.The Issuer's partner is an entity registered
with the Directorate General of Defence Purchase _DGDP_ of the
Bangladesh Ministry of Defence and specialises in the coordination,
representation, integration and implementation of projects related to
defence, security, logistics, UAV and C-UAS technologies, surveillance
systems and supplies for the armed forces and entities carrying out
tasks related to United Nations missions.
During the discussions, the parties agreed that cooperation should not
be limited solely to participation in individual procurement procedures,
but should encompass broader activities related to the identification,
promotion, integration, technology transfer and supply of solutions for
the defence, security, critical infrastructure and logistics sectors.
The talks cover, among other things, potential cooperation in the areas
of unmanned aerial vehicle _UAV_ systems, counter-UAV systems,
surveillance and reconnaissance systems, command and control
technologies, the modernisation of military equipment, special-purpose
vehicles, dual-use technologies, research and development projects, and
other solutions falling within the remit of the Issuer and its
technology partners.
At the same time, the Issuer informs that the partner from Bangladesh
has presented MBF Group S.A. as a preferred foreign partner for the
implementation of joint ventures, including potential projects related
to supplies for the Bangladesh Armed Forces and units carrying out tasks
within the framework of United Nations missions. In the Management
Board's view, it is particularly significant that the initiative to
establish cooperation was taken by the foreign party, which
independently identified the Issuer as an entity possessing the
expertise, experience and organisational capacity to carry out projects
related to the defence, security and modern technology sectors.
The parties have also agreed on a preliminary schedule for further
activities, including the preparation and exchange of non-disclosure
agreements _NDAs_, the organisation of joint working meetings, the
preparation of documents governing commercial and technological
cooperation, and the commencement of work on joint export and tender
projects. In accordance with the agreed timetable, these activities
include the exchange of NDA drafts within 3-5 days, the holding of
working meetings, the preparation of a draft agreement governing the
cooperation by 12 June 2026, and the completion of the first stage of
formalising the cooperation by 14 June 2026. This timetable has been
accepted by the Issuer. At the same time, the parties confirmed their
intention to carry out organisational, technical and formal work in a
manner enabling the preparation of documentation relating to the
Issuer's participation in procurement procedures for which the deadline
for the opening of tenders has been set for 17 June 2026.
The Issuer's Management Board notes that Bangladesh belongs to a group
of countries undergoing an intensive process of modernising their armed
forces and developing technological capabilities as part of long-term
modernisation programmes. At the same time, the country remains one of
the largest contributors to United Nations peacekeeping missions, which
generates a constant demand for modern technical, logistical and
security solutions. In the Management Board's view, this creates
promising conditions for the development of international cooperation
and the Issuer's export activities.
In the opinion of the Management Board of MBF Group S.A., the
development of cooperation with foreign partners actively seeking the
Issuer's expertise, technology and experience currently represents one
of the most promising directions for the Company's development. A
particularly significant factor is that the cooperation was initiated by
a foreign entity, which approached the Issuer independently with a
proposal for joint activities. In the Management Board's view, this
confirms the growing recognition of MBF Group S.A. on international
markets and the Company's potential to participate in high value-added
export projects. The Management Board also believes that the development
of international cooperation currently represents one of the most
rational directions for the development of the Company's operations in
the defence sector, particularly given the high level of competition
from state-owned entities and entities with State Treasury shareholdings
on the domestic market.
In the Management Board's view, this cooperation may in future
contribute to increasing the Issuer's participation in international
research , export and technology projects, create opportunities for the
transfer of Polish technical solutions to foreign markets, support the
development of projects carried out by the Issuer and its partners, and
open new channels for the commercialisation of products and technologies
of interest to the Bangladeshi party.
The Issuer also informs that, due to the multi-stage nature of the
activities being carried out and the planned signing of several
interrelated documents governing the cooperation between the parties, it
is the Management Board's intention to issue a further current report
only after the negotiations have been concluded and the full set of
documents setting out the terms of cooperation has been signed. Should
the counterparty's consent be obtained and there be no adverse impact on
the parties' competitive position, the Issuer then intends to disclose
the partner's full details and information regarding key personnel
involved in the implementation of the cooperation.
The Issuer's Management Board has deemed the above information to be
confidential due to its potential impact on the further development of
the Company's operations, opportunities for international expansion, the
establishment of long-term business relationships, and the prospects for
participation in future commercial, technological and defence projects.
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RB_ASO: Ustalenie ram współpracy z partnerem z Bangladeszu oraz rozpoczęcie przygotowań do
zawarcia wieloetapowych porozumień handlowych i technologicznych
