Investor Relations
Extraordinary Announcement of 4iG Plc.
On concludingsigning a non-binding Term Sheet for the establishment ofbetween 4iG and Condor
to establish a joint venture in Hungary
4iG Public Limited Company (hereinafter referred to as: “4iG”) hereby informs the participants of the capital market that today, its majority-owned subsidiary, 4iG Space and Defence
Technologies Private Limited Company (hereinafter referred to as “4iG S&D”) and the Brazilian Condor S.A. Indústria Química – CONDOR Non-Lethal Technologies, a member of EDGE Group (hereinafter
referred to as “CONDOR”) signed a non-binding term sheet (hereinafter referred to as the “Term Sheet”) at the Eurosatory 2026 international defence
and security exhibition in Paris.
The purpose of the cooperation is to establish a joint venture in Hungary, as well as a regional expertise and testing centre
serving selected European countries and the Balkan region in the field of non-lethal defence technologies. The planned joint
venture would focus on the development, manufacturing and commercialization of non-lethal defence solutions and would also
support capability development activities of military and law enforcement organisations, including related training and testing
activities.
The cooperation aims to further elaborate the objectives set out in the memorandum of understanding signed between the parties
in August 2025.
The implementationestablishment of the contemplated transactionjoint venture and cooperation between the partiesis subject
to the execution of definitive agreements and signing the receipt offinal documentation and securing the necessarycustomarycorporate
and regulatory approvals.
PreviousThe previous related extraordinary announcements relating to the cooperation between 4iG SDT and CONDOR areannouncement
is available at the following link:
Extraordinary Announcement of 4iG Plc. on concluding non-binding Memorandums of Understanding - Bet site
Budapest, 616 June 2026
4iG Plc.