Appeninn Vagyonkezelo Nyilvanosan Mukodo Reszvenytarsasag: RENDKVLI TJKOZTAS – Scope Ratings GmbH monitoring jelentse EXTRAORDINARY INFORMATION – Scope Ratings GmbH monitoring report

EXTRAORDINARY INFORMATION

Appeninn Vagyonkezelő Holding Nyilvánosan Működő Részvénytársaság (in English: Appeninn Asset Management Holding Public Limited Company) (registered office: 1118 Budapest, Kelenhegyi út 43/B. 5. emelet 1.; company registration number: 01-10-046538, hereinafter referred to as “Transmitter“) will hereby notify Esteemed Investors that Scope Ratings GmbH (registered office: Lennéstrasse 5. D-10785 Berlin, hereinafter the “Credit rating agency“) carried out the follow-up of the bonds of the Issuer “APPENINN 2029/I” issued under the Bond Funding for Growth Scheme of MNB (in English: the Hungarian National Bank). credit rating does not constitute a credit rating action.

The Credit Rating Agency’s monitoring report is based on the key figures included in the Issuer’s latest 2021 half-year report published on September 30, 2021 and on the data included in the Issuer’s previous strategy, in place during 2021 and focused only on this one. In its surveillance report published on March 2, 2022, the Credit Rating Agency assesses the Issuer’s commercial risk profile as unchanged. The credit rating agency also maintained its view on the issuer’s financial risk profile, but expects the 2021 strategy to have a negative effect.

The English language version of the credit rating agency’s report is available on the credit rating agency’s website by clicking on the link below:

https://www.scoperatings.com/#!search/research/detail/170331EN

Done in Budapest, March 2, 2022

Apennine Nyrt. (Appeninn Plc.)

board of directors

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Appeninn Vagyonkezelo Holding Nyrt. published this content on March 02, 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unmodified, on March 02, 2022 08:06:02 UTC.

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