Investor Relations
Extraordinary Announcement of 4iG Plc.
On the execution of a binding Term Sheet regarding the recapitalisation of Colt CZ Hungary Zrt. and the planned acquisition
of sole ownership in Colt CZ Hungary Zrt.
4iG Public Limited Company hereby informs the participants of the capital market that yesterday its majority-owned indirect
subsidiaries, N7 Defence Holding Zrt. and ARZENÁL Fegyvergyár Zrt., together with its indirectly held minority subsidiary,
Colt CZ Hungary Zrt. have entered into a binding Term Sheet with Colt CZ Group International s.r.o.
The Term Sheet sets out the framework for the recapitalisation of Colt CZ Hungary Zrt., the contemplated restructuring of
its ownership structure, and the principal terms of the parties' future manufacturing and commercial cooperation.
Currently, Colt CZ Hungary Zrt. is owned 51% by Colt CZ Group International s.r.o. and 49% by N7 Defence Holding Zrt. Pursuant to the Term Sheet, the two shareholders have carried out a cash capital contribution in Colt CZ Hungary Zrt. in the
aggregate amount of HUF 3.42 billion, in proportion to their respective shareholdings. The capital increase is intended to
restore the equity position of Colt CZ Hungary Zrt., which was adversely affected by the company's operations during the period
preceding the acquisition of N7 Defence Holding Zrt. by the 4iG Group, and to strengthen the company's financial position.
Under the Term Sheet, N7 Defence Holding Zrt. will acquire the 51% shareholding held by Colt CZ Group International s.r.o. in Colt CZ Hungary Zrt. Upon completion of the transaction, N7 Defence Holding Zrt. will become the sole shareholder, holding 100% of the shares
in Colt CZ Hungary Zrt.
The ownership transfer has not yet been completed as of the date of this announcement. Closing of the transaction remains
subject to the fulfilment of the conditions precedent to be set out in the definitive share purchase agreement, including,
in particular, the receipt of the required merger control and other regulatory approvals. The parties intend to enter into the definitive share purchase agreement within 45 days following the execution of the Term
Sheet.
The Term Sheet further records the parties' intention to maintain and further develop their long-term manufacturing and commercial
cooperation following completion of the ownership transfer. In this context, the parties will negotiate the terms of a future
manufacturing and product offtake agreement. For N7 Defence Holding, the transaction creates a foundation for the further
development of Hungary's domestic defense industry by consolidating manufacturing activities under Hungarian ownership while maintaining a long-term strategic partnership with
Colt CZ. The agreed framework supports:
- continued industrial cooperation, future manufacturing opportunities and participation in selected European defense programs, contributing to the long-term competitiveness of the Hungarian defense sector.
- in addition, it also opens up opportunities for the technological development, industrialization and manufacturing of Hungarian-developed
weapons.
4iG Public Limited Company will keep investors informed of the further steps of the transaction—including the execution of
the definitive agreements, the receipt of the necessary regulatory approvals and the closing of the transaction—in accordance
with the applicable legal requirements.
Ownership structure of the companies involved in the transaction
The ownership structure of N7 Defence Holding Zrt. is indirectly backed by theHungarian State and the 4iG Group. N7 Holding Nemzeti Védelmi Ipari InnovációsZrt. holds 25% minus
one share, while 4iG Space and Defence Technologies Zrt.holds 75% plus one share in N7 Defence Holding Zrt.
ARZENÁL Fegyvergyár Zrt. is a wholly owned subsidiary of N7 Defence Holding Zrt.
Colt CZ Hungary Zrt. is currently jointly owned by N7 Defence Holding Zrt. (49%) and Colt CZ Group International s.r.o. (51%).
The objective of the present transaction is that, subject to the fulfilment of the required conditions precedent and completion
of the transaction, Colt CZ Hungary Zrt. will become the wholly owned subsidiary of N7 Defence Holding Zrt.
Budapest, 30 June 2026
4iG Plc.