Current Report 04/2022

25/03/2022 • 13:02

Subject:

Correction of the separate and consolidated annual report for 2021

Legal basis:

Art. 56 sec. 1 item 2 of the Act on Public Offering – current and periodic information

Content:


The Management Board of R22 S.A. with its registered office in Poznań, hereinafter referred to as the [“Company”], announces a correction to the separate and consolidated annual report for 2021 published by the Company on 24 March 2021.

The Company presents below the scope of the correction made to the Management Board Report on the Activities of R22 and the R22 Capital Group for the financial year beginning on 1 January 2021 and ending on 31 December 2021 [“Report”]:

1. On page 36, an incorrect value of hotel bookings made through the Profitroom platform in Q4 2021 was stated in error.

It was:

Q4 2021: PLN 50,7 million, +4% YoY

+60% for the whole of 2021

It should be:

Q4 2021: PLN 255,1 million, +408% YoY

+105% for the whole of 2021

The change has been reflected in the chart.

2. As a consequence, the description on page 37 of the Report was amended.

It was:

Q4, similarly to Q1, was also a period in which socio-economic restrictions were in force, which resulted in similar YoY sales results.

It should be:

In Q4, the company continued its dynamic growth in scale. The company achieved annual growth in booking value of 408%, while in Q4 2020 more extensive socio-economic restrictions related to the SARS-CoV-2 epidemic were in force. This translated into a 2,5-fold increase in revenue in Q4.

The corrected version of the Report is attached to this current report.

The remaining content of the Report and the other documents comprising the Separate and Consolidated Annual Report for 2021 remain unchanged.