In accordance with Sections 55 of Act CXX of 2001 on the Capital Market and to comply with the disclosure requirement set out in Annex 4 in PM Decree No. 24/2008. (VIII. 15.), AutoWallis Plc. (registered seat: 1055 Budapest, Honvéd utca 20.; hereinafter: “Company”) hereby informs market participants as follows.

Yesterday, the competent company registry court registered AW Marketing és IT Szolgáltató Korlátolt Felelősségű Társaság (company registration number: 01-09-421184), a company wholly (100%) owned by the Company.

The purpose of the establishment of the subsidiary was to facilitate the unified management of tasks related to data management, central marketing and IT developments, licenses.

Budapest, 22 September, 2023

AutoWallis Plc.