Comp S.A.

Comp S.A. Shareholders Propose New Incentive Program for 2026-2028

On June 8, 2026, Comp S.A. received a formal request from VALUE Closed-End Investment Fund, managed by AgioFunds TFI S.A., to include a new agenda item in the upcoming Ordinary General Meeting scheduled for June 30, 2026. The proposal seeks to introduce a new incentive program for key personnel for the years 2026-2028. This program aims to motivate and retain critical staff by granting conditional rights to acquire company shares, tied to achieving specific financial performance targets, such as EBITDA thresholds of PLN 157.5 million in 2026, PLN 200 million in 2027, and PLN 220 million in 2028.

The proposal also includes a modification to a prior resolution, reducing the number of shares to be canceled from 936,509 to 833,984, with 102,525 shares allocated for the incentive program in 2026. The remaining shares will be used for the program in subsequent years or canceled if unused. The program is designed to align employee incentives with the company’s long-term growth and shareholder value creation.

The proposal also outlines a lock-up period for 75% of the shares acquired under the program, ensuring long-term commitment from key personnel. The price for acquiring shares under the program will be tied to the average stock price over the past three months, with a minimum price of PLN 63 per share.

The final decision on the proposal will be made during the Ordinary General Meeting, where shareholders will vote on its adoption.

Relevance to Comp S.A.: This development aligns with Comp S.A.'s strategic focus on retaining top talent and driving long-term growth, which is critical for its high-margin IT and cybersecurity services and retail-oriented hardware and software business segments.

Comp S.A. Shares Surge Following Major Cybersecurity Contracts Worth PLN 910.5 Million

On Monday, Comp S.A. experienced a significant 12.8% surge in its stock price, making it one of the strongest performers on the sWIG80 index. The increase followed the announcement that its subsidiary, Enigma Systemy Ochrony Informacji, acting as the leader of a consortium with Atende, Siltec, and API Smart, signed two major contracts with the Cyber Space Resources Center of the Armed Forces. The total value of these contracts amounts to PLN 910.5 million net. The news also positively impacted Atende, whose shares rose by 15.3%.

Meanwhile, the broader market saw mixed performance, with the WIG20 and WIG indices declining by 0.6%, while the sWIG80 gained 0.4%. Energy and banking sectors underperformed, while select companies like Orlen and KGHM showed modest gains.

Relevance to Comp S.A.

This development underscores Comp S.A.'s strong position in the cybersecurity sector, aligning with its business focus on high-margin IT and cybersecurity services. The contracts highlight the company's ability to secure large-scale public procurement deals, a key growth driver in its business strategy.

Comp S.A. Subsidiary Secures Major Cryptographic Solutions Contract with Polish Ministry of Defense

Warsaw-based technology group Comp S.A. has announced that its subsidiary, Enigma Systemy Ochrony Informacji sp. z o.o., has signed a significant contract with the Cyber Resource Center of the Polish Armed Forces, an organizational unit under the Ministry of Defense. The agreement, part of the SAFE program, involves the delivery of advanced post-quantum IP encryptors developed by Enigma.

The contract, valued at a total of PLN 273.67 million net, includes an optional component worth PLN 113.55 million net, which can be activated at the discretion of the contracting authority. Deliveries under the agreement will be executed in phases between 2027 and 2030. The terms of the contract align with standard practices for agreements of this nature.

Relevance to Comp S.A.: This contract underscores Comp S.A.'s strength in providing high-margin cybersecurity solutions, particularly in cryptographic technologies, and aligns with the company's strategic focus on securing long-term, high-value public sector contracts in a growing cybersecurity market.

Comp S.A. Secures Strategic Defense Cybersecurity Contract, Strengthening Market Leadership

Comp S.A., a leading Polish technology group specializing in IT and cybersecurity solutions, has announced a significant milestone in its "Comp 2028 Security First" strategy. The company has secured a major defense sector contract, as detailed in its latest report, which reinforces its position as a leader in special-purpose security solutions in Poland. The agreement, built entirely on cryptographic solutions developed within the Comp S.A. group, is expected to have a substantial impact on the company’s financial performance and product portfolio.

The newly acquired contract, along with other ongoing agreements, extends beyond the strategic horizon of the "Comp 2028 Security First" plan. The financial benefits from this deal are projected to materialize starting in 2027, with the potential to exceed the company’s EBITDA forecasts for 2027 and 2028 by at least 10%. Despite macroeconomic uncertainties, Comp S.A. has adopted a cautious approach, planning to update its financial targets incrementally as the contracts progress. Additionally, the company anticipates further contract opportunities under the EU's SAFE (Security Action for Europe) program.

Relevance to Comp S.A.: This development aligns with Comp S.A.'s focus on high-margin cybersecurity services and highlights its ability to secure long-term, strategic contracts in the defense sector, which are critical for sustained growth and market leadership.

Comp S.A. Acquires 555,556 Shares in Share Buyback Program

Comp S.A., a leading Polish technology group, has successfully acquired 555,556 of its own shares at a price of PLN 63.00 per share as part of its ongoing share buyback program. The total nominal value of the acquired shares amounts to PLN 277,778, representing approximately 2.71% of the company’s share capital and voting rights at the General Meeting. Following this transaction, Comp S.A. now holds 936,509 shares, which constitute 4.57% of its share capital and voting rights.

The buyback program, initiated under resolutions passed during the Ordinary General Meetings in 2024 and 2025, received significant interest from shareholders, with offers submitted for a total of 18,149,584 shares. This resulted in a reduction rate of 96.94%. The company has indicated that the acquired shares may be subject to cancellation based on a future resolution by the General Meeting.

Comp S.A. clarified that the transaction did not require notification to the Polish Financial Supervision Authority, as it did not exceed the thresholds outlined in the Public Offering Act.

Relevance to Comp S.A.’s Business Profile: This share buyback program reflects Comp S.A.’s strategic financial management, potentially enhancing shareholder value and demonstrating confidence in the company’s long-term growth, which aligns with its focus on high-margin IT and cybersecurity services as well as retail-oriented solutions.

Comp S.A. Reports Share Disposal by Entity Linked to CEO Robert Tomaszewski

Warsaw-based technology group Comp S.A. has disclosed a notification regarding the disposal of its shares by JT Inwestycje Alternatywna Spółka Inwestycyjna sp. z o.o., an entity closely associated with Robert Tomaszewski, the company's CEO. The transaction, conducted outside the trading system as part of a share buyback program, involved the sale of 34,913 shares at a price of 63 PLN per share on April 24, 2026. The notification was submitted in compliance with Article 19(1) of the Market Abuse Regulation (MAR).

The transaction details, including the financial instrument's ISIN code (PLCMP0000017), were outlined in the official report, which is available as an attachment to the company's announcement.

Relevance to Comp S.A.: This development is significant as it reflects internal shareholder activity and could influence investor sentiment, particularly given the involvement of an entity linked to the company's CEO. Such transactions may also impact the company's share buyback strategy and overall market perception.

Comp S.A. Delivers Record Profitability and Strategic Transformation in 2025, Announces Ambitious Shareholder Returns

Comp S.A., a leading Polish technology group specializing in high-margin IT and cybersecurity services as well as retail-oriented hardware and software, reported robust financial results for the fiscal year 2025, marking the successful completion of its "Next Generation 2022-2025" strategy. The company achieved consolidated net sales revenue of PLN 846.5 million, with a net profit of PLN 76.5 million—nearly double the previous year’s result. EBITDA reached PLN 136.2 million, with an EBITDA margin of 16%, and EBIT stood at PLN 86.5 million, reflecting a margin of 10%. Notably, almost 80% of EBITDA was generated from sources other than fiscal hardware, including integration, specialized software, non-fiscal devices, and services.

The transformation strategy focused on simplifying the group structure, reducing debt, and shifting revenue streams toward recurring, high-margin services and proprietary solutions. As a result, Comp S.A. significantly reduced its reliance on regulatory-driven hardware cycles and improved cash flow management. The company also executed substantial shareholder returns, transferring PLN 45 million to shareholders in 2025 through share buybacks, and announced plans to transfer approximately PLN 70 million in 2026, with a cumulative target of PLN 250 million by 2028.

Key corporate actions in 2025 included a 1:5 stock split, a reduction in share capital through the cancellation of treasury shares, and further buybacks, enhancing liquidity and shareholder value. The group maintained a strong balance sheet, with equity of PLN 488.3 million and a net debt/EBITDA ratio of 0.13, indicating prudent financial management.

Operationally, Comp S.A. reinforced its leadership in special-purpose cybersecurity for the defense and public sectors and expanded its digital solutions for the retail market. The company’s subsidiaries, including Enigma Systemy Ochrony Informacji and NonStop SOC, continued to drive innovation in cryptography, electronic monitoring, and managed cybersecurity services, leveraging regulatory tailwinds such as the NIS2 directive and increased public funding for digital security.

Looking ahead, Comp S.A. launched its new "Security First 2026-2028" strategy, targeting EBITDA growth to PLN 180 million by 2028 and emphasizing resilience, recurring revenues, and continued leadership in regulated markets. The company remains vigilant regarding external risks, including the timing of public tenders, regulatory changes, and geopolitical uncertainties, but reports no material impact from current global conflicts.

Relevance: This article is highly relevant to Comp S.A.’s business profile as it highlights the company’s successful strategic shift toward high-margin, recurring IT and cybersecurity services, strong financial performance, and proactive capital allocation—all of which align with the group’s core strengths and market opportunities.

Audit Report Confirms Compliance and Financial Transparency of Comp S.A. for 2025

The independent auditor's report for Comp S.A. and its Capital Group for the fiscal year ending December 31, 2025, has confirmed the company's compliance with International Financial Reporting Standards (IFRS) and Polish accounting regulations. The audit, conducted by Misters Audytor Adviser Sp. z o.o., concluded that the consolidated financial statements provide a fair and clear representation of the Group's financial position, performance, and cash flows. The report also highlighted the company's adherence to corporate governance standards and the proper implementation of the European Single Electronic Format (ESEF) for financial reporting.

Key areas of focus during the audit included the valuation of intangible assets, such as goodwill, trademarks, and costs of ongoing development projects, which accounted for 31% of the Group's total assets. The auditors assessed the management's assumptions, methodologies, and sensitivity analyses related to these valuations and found no material misstatements. Additionally, the report confirmed that the Group's financial statements were free from significant errors or fraud and that the company has maintained robust internal controls.

The audit also addressed the potential impacts of external factors, such as inflation and geopolitical conflicts, on the company's operations. No significant issues were identified that would require adjustments to the financial statements. Furthermore, the report affirmed that the services provided by the auditing firm were in compliance with Polish law and EU regulations, with no prohibited non-audit services rendered.

The audit findings reinforce Comp S.A.'s strong financial governance and compliance with regulatory standards, aligning with its business profile as a leading provider of IT and cybersecurity services, as well as retail-oriented hardware and software solutions. This transparency and adherence to standards bolster the company's credibility and position in securing public and private sector contracts.

Comp S.A. Misses Out on Major Cybersecurity Tender Due to Higher Bid

In a recently concluded public tender for a large-scale cybersecurity project aimed at enhancing municipal IT infrastructure, Comp S.A. was outbid by a competing firm that offered the lowest bid. The tender, which was part of an EU-funded initiative to bolster cybersecurity across public institutions, was awarded to a foreign competitor. While Comp S.A. submitted a competitive proposal, its bid was ultimately higher than the winning offer, leading to the loss of this significant contract.

The project, valued at approximately €15 million, included the implementation of advanced cybersecurity systems and ongoing maintenance services. This loss highlights the challenges faced by Comp S.A. in securing public procurement contracts, particularly in a competitive landscape where pricing plays a decisive role.

Despite this setback, the company remains well-positioned to benefit from upcoming opportunities driven by the NIS2 directive and increased public funding for cybersecurity initiatives. However, the outcome underscores the importance of strategic pricing and timing in public tenders.

Relevance to Comp S.A.: This development is directly tied to Comp S.A.'s core business in IT and cybersecurity services, emphasizing the competitive pressures in public procurement and the critical role of pricing in securing contracts.

Comp S.A. Announces Share Buyback Program Worth PLN 35 Million

Comp S.A., a leading Polish technology group specializing in IT and cybersecurity services as well as retail-oriented hardware and software solutions, has announced a share buyback program. The company plans to repurchase up to 555,556 shares, representing approximately 2.71% of its total voting rights, at a price of PLN 63 per share. The total value of the buyback is capped at PLN 35,000,028. The buyback will be conducted through a public invitation for shareholders to submit offers for the sale of their shares, with the process set to conclude by April 24, 2026. Trigon Dom Maklerski S.A. will act as the intermediary for the transaction. The primary purpose of the buyback is to potentially cancel the repurchased shares, as per the resolution passed by the company’s General Meeting in 2024 and amended in 2025.

The buyback program aligns with Comp S.A.'s strategic focus on enhancing shareholder value and optimizing its capital structure, which is consistent with its business profile as a technology leader in IT and cybersecurity services and retail solutions.