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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. 41/2026 of 17 June 2026 concerning the submission of tenders
in procurement procedures conducted by the Directorate General for
Defence Procurement _"DGDP"_ of the Ministry of Defence of Bangladesh,
numbered 221.583.25 and 221.584.25, as well as ESPI current report No.
42/2026 dated 22 June 2026 concerning the conclusion of a framework
cooperation agreement with The Blue Falcon, with its registered office
in Dhaka _"Partner"_, hereby announces that on 25 September 2026 it
received information from the Partner enabling it to update the status
of the aforementioned procedures and to determine the future direction
of the cooperation.
According to the information provided to the Issuer by the Partner,
acting as the Company's authorised local representative in the
proceedings in question, the tenders submitted under DGDP Tender No.
221.583.25 and DGDP Tender No. 221.584.25 were not admitted to the
financial evaluation stage. According to information provided to the
Issuer by the Partner, at the technical evaluation stage, the DGDP did
not accept the documentation relating to the required ISO certificate
submitted during the proceedings, which prevented the bids from
qualifying for the next stage of the procedure. The Partner also
informed the Issuer that it had not received from the DGDP any separate
formal written notification, minutes or decision setting out the outcome
of the tender evaluation.
Should the Issuer receive any further official documentation from the
DGDP concerning the proceedings in question in the future, it will
analyse it and, if the information contained therein meets the criteria
for confidential information, will disclose it in accordance with the
applicable regulations. Consequently, the Issuer assumes that the
Company's participation in both of the aforementioned procedures was
concluded at the technical evaluation stage and that these procedures
did not result in the conclusion of any contracts with the Issuer.
In addition, the Issuer's Management Board hereby states that the
termination of the Company's participation in the aforementioned
procedures does not affect the validity of the framework cooperation
agreement with The Blue Falcon, which the Issuer disclosed in ESPI
Report No. 42/2026. The parties maintain their intention to further
develop their cooperation, in particular in the defence and security
sectors, dual-use technologies, and in the field of military and
military-related solutions offered or developed by the Issuer in
conjunction with its technological and industrial partners.
As part of further discussions, the Partner confirmed its interest in
actively developing the Company's and its contractors' drone projects in
the Bangladeshi market, and in acting as a local partner in organising
presentations of the solution to the relevant representatives of the
armed forces and the state administration. In particular, the Partner
identified the Bangladesh Army Headquarters, the Directorate General of
Defence Procurement and the relevant technical departments of the
Bangladesh Ministry of Defence as potential institutions with which
discussions regarding the presentation and further evaluation of the
system could be initiated.
The Blue Falcon also confirmed its preliminary and non-binding interest
in up to 10 IRYDA+ X1 systems intended for testing and evaluation
purposes, and requested that the Issuer prepare a draft non-binding
Expression of Interest. The partner has also declared its readiness to
organise preliminary presentations and meetings with representatives of
the relevant institutions, and to coordinate activities aimed at
conducting a demonstration of the system for potential customers in
Bangladesh.
The Issuer will provide information in separate current reports
regarding the conclusion of binding agreements, the receipt of orders,
the commencement of formal procurement procedures, the conduct of
significant demonstrations or the occurrence of other events meeting the
criteria for confidential information.
The Issuer's Management Board has deemed the publication of this
information to be material due to the need to update the information
provided in ESPI Report No. 41/2026 concerning proceedings conducted by
the DGDP, as well as to confirm the continued validity and development
of the strategic cooperation with The Blue Falcon described in ESPI
Report No. 42/2026 and the potential to utilise this cooperation in the
commercialisation of the Issuer's future solutions.
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RB_ASO: Aktualizacja statusu postępowań DGDP w Bangladeszu oraz dalsza współpraca z The Blue
Falcon
