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MASTERPLAST Nyrt. hereby informs the honorable Investors that the Company is starting a project to be implemented at the Company’s subsidiary, MASTERPLAST YU D.o.o. located at Subotica, with the subsidy of the Hungarian State, in order to further development of the production of fiberglass fabrics. With the Project, the glass fabric production capacity will be expanded by 25 percent, the existing weaving and coating machine park will be modernized, a modern warehouse base and a prefabrication department will be established. With the new machines based mainly on modern German technology and renewable manufacturing, logistics and assembly services, the Group will be able to serve the market of premium quality products with the highest quality.

MASTERPLAST Nyrt. hereby informs the honorable Investors that the acquisition of the 100% shares of Fidelis BAU Kft. was registered by the Court of Registration of Székesfehérvár.

MASTERPLAST Nyrt. hereby informs the honorable Investors that Masterplast Kft has successfully applied to the subsidy of HIPA National Investment Agency Non-profit Private Limited Company – under identification number VNT2020-1 - for competitiveness-enhancing support.

MASTERPLAST Nyrt. - by a share purchase agreement signed on 1 July 2020 - acquired the 100% share in the Fidelis BAU Építőipari Kft. With the acquisition of Fidelis BAU Kft the production technology required for the recycling of polystyrene waste and all official permits are available within the Masterplast Group, thus the Masterplast Group implements a circular production system called the “Hungarocell Green Program”.

MASTERPLAST Nyrt. hereby informs the honorable Investors that in connection with the agreement on acquiring a plant in Germany - which was announced on 21 May 2020 - the Company established the Masterplast Nonwoven GmbH (registered office: Daimlerstrasse 2, 06449 Aschersleben, Germany; hereinafter referred to as “the Subsidiary”) on 4 June 2020. In accordance with the previously announced agreement, the Company acquired a 50% stake and exclusive management rights in the Subsidiary.