Announcement.

ESOTIQ & HENDERSON SA (13/2018) Initial consolidated revenues of the Esotiq & Henderson Capital Group S.A. in February 2018.

The Management Board of Esotiq & Henderson S.A. [Issuer] informs that the consolidated sales revenues achieved in February 2018 by the Capital Group amounted to approximately PLN 12 million and were lower by 13%. from the revenues earned in February 2017, the Issuer's Management Board informs that the negative sales dynamics have been significantly affected by the shift of order fulfillment in the wholesale channel. Consolidated sales revenues in the period January-February 2018 amounted to approximately PLN 22 million. This means a decrease of around 7 percent. compared to the same period last year. Revenues of the Capital Group from online sales in February 2018 amounted to approximately PLN 0.5 million and were higher by approximately 30%. Every year. Increasingly, in the period January-February 2018 consolidated revenues from online sales amounted to approximately PLN 1.1 million and were higher by approximately 45%. than in the corresponding period of 2017. The estimated gross sales margin of the Capital Group in February this year around 54 percent and was higher by about 2 pp compared to the margin realized in February of the previous year. On a growing basis, the consolidated sales margin in January-February 2018 amounted to around 56 per cent. and according to estimates it was higher by about 2 pp. compared to the margin achieved in the same period last year. The commercial space of the Capital Group at the end of February 2018 was 17,187 sq m and was higher by around 5 percent. than last year. The Management Board of Esotiq & Henderson S.A. emphasizes that the Capital Group, after separating the clothing part of the company EMG S.A. in July 2017, the parent company and subsidiaries Esotiq Germany GmbH and Luma sp. o.o. Data on consolidated sales for January-February 2017 were adjusted to comparability with the data for 2018. The amounts for internet sales and gross margin were calculated in a similar way to the consolidated sales data.

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Company information
Company name:Esotiq & Henderson SA
ISIN:PLESTHN00018
NIP:583-31-17-220
Adress: ul. Szybowcowa 8A 80-298 Gdańsk
Phone:+48 58 7284800
website:www.esotiqhenderson.com

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