Information on new trade agreements

Management Board of QuarticOn S.A. informs that today, ie January 8, 2021, they have received confirmation of signing a contract with Nexterio, operating in the building materials industry, for the delivery of technology based on artificial intelligence that automates sales in its online stores. The contract was concluded for a period of 12 months. The total estimated value of the abovementioned contracts with other annual contracts concluded with clients from the various industries (clothing, cosmetics or zoology), such as the Bolf (Denley), Eveline and Rikoland group, and customers from the Czech Republic for marketing automation services and product recommendations provided for their e-stores in many European markets, is approx. 200 thousand PLN (45 k EUR).

The conditions for the implementation of the above-mentioned contracts, including the possibility of withdrawing from them or breaching their terms, do not differ from the terms commonly used for this type of contract.

Conclusion of the above-mentioned contracts are the result of the development of the “direct” sales channel and the sales strategy based on the partnerships agreements, including partnership cooperation with Orange Polska, about which the Company informed in the current report ESPI No. 9/2020.

In the opinion of the Company, the above the contracts will have an impact on the further improvement of the Company’s results in the current financial year.

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