Gloster wins software development contract worth more than €700,000 from German Audi

Extraordinary information

A Gloster Infocommunication Public Limited Company (company registration number: 13-10-042012; registered office: 2142 Nagytarcsa, Csonka János utca 1/A A/2. ép.; hereinafter referred to as the Company, Gloster) is the owner of the relevant legislation, in particular the Capital Market Act CXX of 2001.

Law ("Tpt.") and the General Business Rules of the Budapest Stock Exchange, the the following information to the Honoured Investors.

Software development contract worth more than €700 thousand won by Gloster from German Audi

A under the contract reporting related to Audi production system for the reporting of Audi subsidiary of the Company. Gloster will carry out the development entirely with its own staff, without the involvement of a subcontractor.

A The extension of the contract is linked to the information announced by Gloster in the summer of 2022, as it is again a long-term contract was renewed. The new phase will replace the old frontend with a modern, web-based application, the development of which has already started, and is now being put into productive use. With the migration to a web-based application more users will be able to access the functions and thus speed up the integration of older, obsolete systems.

The strategy will be implemented

A project fits in well with the Gloster 2024 Spring 2024 strategy, which states that focus on continuous growth in exports and recurring revenues.

Nagytarcsa, 2 July 2024.

Viktor Szekeres

Chairman of the Board of Directors

Gloster Infocommunications Plc.