KERNEL HOLDING S.A. - ACQUISITION OF THE 5.85% INTEREST IN THE OILSEEDS PROCESSING BUSINESS

POLISH FINANCIAL SUPERVISION AUTHORITY

UNI - EN REPORT No 6 / 2019

Date of issue: 2019-02-19

Short name of the issuer

KERNEL HOLDING S.A.

Subject

ACQUISITION OF THE 5.85% INTEREST IN THE OILSEEDS PROCESSING BUSINESS

Official market - legal basis

art. 56. 1. 2 of Act on Public Offering.

Unofficial market - legal basis

Contents of the report:

Kernel Holding S.A. (herein “Kernel”) is pleased to announce that one of its subsidiaries acquired a 5.85% interest in ViOil Holding Ltd (herein “ViOil”) - a holding entity controlling two multiseed oil-extraction plants with annual crushing capacity of 1.1 million tons of sunflower seeds and a network of silos in Western Ukraine. As part of the transaction, Kernel entered into a customary shareholder agreement in relation to ViOil with its existing shareholders.

Annexes

File Description

Current report 06 2019 eng.pdf

KERNEL HOLDING S.A.

(fullname of the issuer)

KERNEL HOLDING S.A. Spożywczy (spo)

(short name of the issuer) (sector according to clasification of the WSE in Warsow)

L-1273 Luxembourg

(post code) (city)

rue de Bitbourg 19

(street) (number)

(phone number) (fax)

(e-mail) (web site)

(NIP) (REGON)

SIGNATURE OF PERSONS REPRESENTING THE COMPANY

Date Name Position / Function Signature