Passus

Passus S.A. Achieves Record Revenues and Strengthens Cloud & Cybersecurity Leadership in 2025

Passus S.A., a leading Polish IT integrator, reported a record-breaking year in 2025, with consolidated sales revenues reaching PLN 123.3 million, marking a 15% year-on-year growth. The Group’s EBITDA stood at PLN 14.8 million, and net profit from continuing operations was PLN 11.3 million, confirming sustained profitability amid expanding operations.

The company’s performance was driven by robust demand for cybersecurity and cloud solutions, especially in regulated sectors. Passus continued to adapt its cybersecurity portfolio to meet new GRC and NIS2 requirements, with increased focus on audits, risk analysis, and advanced XDR, SIEM, and SOC solutions. The integration of AI into security offerings was highlighted as both an opportunity and a new risk area, prompting investments in AI-driven threat detection and infrastructure protection.

In 2025, Passus maintained top-tier partner statuses with global vendors, including Cisco (Splunk), Riverbed, ManageEngine, Broadcom, Tenable, Google, Trellix, Fidelis Security, Fortra, Fudo Security, Sycope, and Digi. Notably, subsidiary Chaos Gears S.A. achieved AWS Premier Tier Services Partner status, the highest AWS partnership level, awarded to only about 1% of partners worldwide. This milestone confirms Passus’s capability to deliver large-scale cloud projects and strengthens its position in the AWS ecosystem.

Operational expansion was supported by investments in technical and sales teams, with a focus on cybersecurity, cloud, and AI competencies. The Group’s strategy aims for at least 15% annual revenue growth and EBITDA margin of 10% in 2026, targeting both Polish and international markets, especially in Western and Central Europe.

Financially, Passus’s assets increased by 25% to PLN 84.6 million, while equity decreased slightly due to dividend payouts and share buybacks. Liquidity and debt ratios remained stable, though the company noted longer receivables and payables cycles, reflecting the project-based nature of its business. The Group continued to secure major contracts with public sector and enterprise clients, including multi-million PLN and USD deals for cybersecurity, network monitoring, and cloud migration projects.

Corporate governance and compliance were confirmed by independent auditor KPW Audyt Sp. z o.o., which issued a positive opinion on the Group’s financial statements and ESEF reporting. Passus’s industrial security certificates from Polish, NATO, and EU authorities enabled ongoing participation in classified government and defense IT projects.

Looking ahead, Passus expects continued growth in IT and cybersecurity spending, driven by digital transformation, regulatory changes, and rising cyber threats. The Group’s strategic focus remains on expanding its cloud and AI-driven offerings, maintaining high partner statuses, and leveraging synergies across its business segments.

Relevance: This article is highly relevant as it demonstrates Passus S.A.’s strong financial performance, strategic positioning in cybersecurity and cloud, and its ability to secure top-tier partnerships and major public sector contracts, all core to its business profile.

Passus S.A. Faces Setback in Tender for IT Services

Passus S.A., a leading Polish IT integrator specializing in cybersecurity and IT infrastructure solutions, has lost a recent tender for IT services. The tender was awarded to a competitor who submitted a lower bid, securing the contract for a comprehensive IT infrastructure modernization project. Passus S.A.'s bid, while competitive, was ultimately higher than the winning offer, resulting in the company missing out on this opportunity.

The tender involved the implementation of advanced IT systems, including network performance monitoring and cybersecurity solutions, areas in which Passus S.A. has significant expertise. Despite its strong capabilities and reputation, the company was unable to secure the contract due to pricing considerations.

Relevance to Passus S.A.: This development highlights the competitive nature of the IT services market and underscores the importance of strategic pricing for Passus S.A. to secure future contracts in its core areas of expertise.

Passus S.A. Secures Major State Contract for Network Security Solutions

Warsaw-based IT integrator Passus S.A. has signed a significant agreement with a state-owned entity for the delivery and implementation of advanced network security solutions. The contract includes the supply of network probes and TAP devices for passive traffic interception and analysis, alongside software for monitoring and analyzing network incidents. The deal also encompasses technical assistance and warranty services.

The agreement is divided into two parts:

• Basic Order: Valued at up to PLN 8,870,000 gross, with a delivery timeline of 60 days for hardware and software, and 90 days for implementation and warranty services.
• Optional Order: Valued at up to PLN 9,135,000 gross, contingent on additional orders from the client. The optional order can be placed within 12 months for hardware/software delivery and up to 36 months for technical assistance services.

Payments will be made within 30 days of invoice submission, following the acceptance of completed work. The contract includes standard market penalty clauses, capped at 30% of the maximum gross remuneration.

This agreement is deemed crucial by Passus S.A. due to its substantial financial impact and alignment with the company’s expertise in cybersecurity and IT infrastructure solutions.

Relevance: The contract highlights Passus S.A.'s role in delivering cutting-edge network security solutions to government entities, reinforcing its position as a trusted partner in classified and high-value IT projects.

Passus S.A. Secures State Contract for Privileged Access Management System

Warsaw-based IT integrator Passus S.A. has signed a significant contract with a state-owned entity for the delivery of a Privileged Access Management (PAM) system, including licenses, technical support, and a five-year warranty. The agreement, valued at PLN 2,089,770 gross, allocates PLN 1,107,369 for system licenses and PLN 982,401 for technical support services. Passus is committed to delivering the licenses and support documentation within 10 days of the contract signing, with payments to be made within 21 days of invoice submission following acceptance protocols. The contract includes standard market penalty clauses and is expected to positively impact the company’s financial standing.

This development aligns with Passus S.A.’s expertise in cybersecurity and IT infrastructure continuity, reinforcing its role as a trusted partner for government and defense projects.

Passus S.A. Secures Major Government Contract for IT Vulnerability Scanning Solution

Warsaw-based IT integrator Passus S.A. has signed a significant agreement with a Polish State Treasury institution to deliver and implement an advanced IT vulnerability scanning solution. The contract, valued at PLN 4,164,641.00 gross, includes the provision of software licenses, system implementation, documentation, and a 36-month technical support service.

Under the terms of the agreement, Passus will complete project documentation within 15 business days and deliver and implement the system within 45 business days. Technical support services will be provided in three equal installments over the 36-month period following the system's acceptance. The contract also includes standard market penalty clauses, capped at 20% of the total contract value.

This deal underscores Passus S.A.'s expertise in cybersecurity and IT infrastructure solutions, aligning with its core business focus on delivering high-end IT systems for threat detection and performance monitoring.

Passus S.A. Secures Major Contract for Vulnerability Management System Implementation

Warsaw-based IT integrator Passus S.A. has signed a significant agreement with a company in the energy sector for the delivery and implementation of a comprehensive vulnerability management system. The contract, valued at PLN 1,318,639 net, includes the provision of software licenses with technical support for 60 months (PLN 922,139 net), implementation services such as technical project design, post-implementation documentation, and workshops (PLN 126,500 net), development services (up to PLN 150,000 net), and technical assistance services (up to PLN 120,000 net).

Passus is committed to delivering the licenses by January 14, 2026, with full system implementation scheduled for completion by May 10, 2026. Payments will be made in installments based on the completion of specific project milestones, with development and technical assistance services billed quarterly. The agreement includes standard market penalty clauses and is expected to positively impact the company’s financial performance.

Relevance: This contract aligns with Passus S.A.'s expertise in cybersecurity and IT infrastructure solutions, showcasing its ability to deliver advanced systems to critical industries like energy, further strengthening its market position.

Passus S.A. Subsidiary Secures $405,000 Cloud Security Monitoring Contract

Passus S.A., a leading Polish IT integrator, has announced that its subsidiary, Chaos Gears S.A., in which it holds a 55.8% stake, has secured a significant contract with a medical industry client. The agreement, valued at $405,000 net, involves the delivery of a three-year license for a cloud security monitoring solution. The project is set to be completed by December 31, 2025, with payment to be made within 30 days of invoice issuance upon successful project acceptance.

The contract is expected to have a substantial impact on the financial performance of both Chaos Gears and the broader Passus Group. Additionally, it provides a valuable reference for future projects in the cloud security domain.

Relevance: This development aligns with Passus S.A.'s expertise in cybersecurity and cloud engineering, reinforcing its position in delivering advanced IT solutions and expanding its footprint in the healthcare sector.

Passus S.A. Secures $455,089 Software Licensing Deal with Energy Sector Client

Warsaw-based IT integrator Passus S.A. has announced the receipt of a significant order from an energy sector client for software licenses aimed at enhancing IT system security. The order, valued at $455,089.79 net, was placed under a framework agreement previously disclosed by the company. Passus will deliver the licenses within seven days, with payment expected within 60 days following the issuance of a VAT invoice. The company’s management has highlighted the financial importance of this deal, emphasizing its positive impact on Passus’s overall financial standing.

Relevance to Passus S.A.: This deal aligns with Passus S.A.'s expertise in cybersecurity solutions and its focus on delivering high-end IT systems to large enterprises, including critical sectors such as energy.

Passus Secures PLN 15.6 Million Contract with Ministry of Justice for ManageEngine Software Deployment

Passus S.A., a leading Polish IT integrator, has signed a contract worth PLN 15.6 million gross with the Ministry of Justice for the delivery of ManageEngine software or equivalent solutions to court systems across Poland. The agreement highlights Passus’s expertise in providing advanced IT systems and solutions tailored to large-scale public-sector projects. The deployment aims to enhance IT infrastructure performance and security within the judicial system, ensuring operational continuity and compliance with national standards.

This development underscores Passus’s strong position in public-sector digitalization initiatives and its strategic partnerships with global technology vendors like ManageEngine.

Passus S.A. Secures $4.12 Million Cybersecurity Contract with Energy Sector Client

Warsaw-based IT integrator Passus S.A. has signed a significant five-year contract worth $4.12 million USD with a major energy sector company. The agreement involves the delivery and implementation of advanced cybersecurity solutions for threat detection and response, alongside technical support services and training programs. The breakdown of the contract includes:

• $4,033,437.73 USD: Licensing, hardware delivery, and technical support services.
• $57,000 USD: Implementation and activation of the solution.
• $29,562.27 USD: Training services.

Key milestones include the delivery of licenses and hardware by December 31, 2025, completion of implementation by June 1, 2026, and training within one year of deployment. Payments will be made in installments upon completion of each project phase, with a 60-day payment term following invoice submission.

The contract includes standard market penalty clauses and is deemed significant due to its financial impact on Passus S.A.

Relevance: This contract aligns with Passus S.A.'s expertise in cybersecurity solutions and IT infrastructure continuity, reinforcing its position as a trusted provider for large enterprises in critical sectors like energy.

Passus S.A. Secures Public Sector Contract for Advanced Security Information and Event Management System

On November 18, 2025, Passus S.A., a leading Polish IT integrator specializing in cybersecurity and IT infrastructure solutions, signed a significant agreement with a public institution for the delivery and implementation of a Security Information and Event Management (SIEM) system enhanced by behavioral analysis capabilities. The contract's maximum value is PLN 1,422,130 gross, including a guaranteed order worth PLN 1,298,333 gross and an optional order valued at PLN 123,797 gross. The guaranteed portion of the project is expected to be completed within approximately 160 business days.

This development aligns with Passus S.A.'s expertise in cybersecurity and IT performance analytics, showcasing its ability to deliver cutting-edge solutions to public sector clients and strengthen its position in government and defense IT projects.

Passus S.A. Reports Robust Growth in Q3 2025 Driven by AWS Services and IT Integration

Passus S.A., a leading Polish IT integrator specializing in cybersecurity, cloud services, and IT infrastructure solutions, has reported a strong financial performance for Q3 2025. The company achieved a 30% year-on-year revenue growth, totaling PLN 62.75 million, with significant contributions from IT integration (PLN 46.28 million, +17% YoY) and AWS services (PLN 16.28 million, +89% YoY). Operating profit surged by 884% to PLN 5.85 million, while net profit reached PLN 4.49 million, reversing a loss of PLN 2.80 million in Q3 2024.

Key contracts included AWS-based IT solutions for medical research institutions (PLN 7.88 million) and IT security systems for government entities (PLN 2.22 million). Private sector agreements featured a USD 7.5 million/year SOAR system for the energy sector and database monitoring solutions for financial institutions valued at EUR 1.41 million. International revenue grew by 200% YoY, driven by expansion in Western Europe and CEE regions.

Strategic initiatives focused on expanding cybersecurity services, leveraging Generative AI, and increasing reliance on public sector contracts, which accounted for 41% of Q3 revenue. Despite macroeconomic risks such as inflation and geopolitical instability, Passus remains committed to growth through innovation and international expansion.

Relevance: This article highlights Passus S.A.'s alignment with its core business areas, including cybersecurity, cloud services, and IT integration, while showcasing its strategic focus on public sector contracts and international growth, which are central to its business profile.

Passus S.A. Secures Public Sector Contract for Advanced Security Information and Event Management System

Passus S.A., a leading Polish IT integrator specializing in cybersecurity and IT infrastructure solutions, has signed a significant contract with a public institution for the delivery and implementation of a Security Information and Event Management (SIEM) system enhanced with behavioral analysis capabilities. The total contract value amounts to PLN 1,422,130 gross, with a guaranteed order worth PLN 1,298,333 gross and an optional component valued at PLN 123,797 gross.

The guaranteed scope of the agreement includes the development and delivery of a technical design, implementation of the system with 36 months of technical support, post-implementation documentation, and technical workshops for system operation. The optional component covers additional technical assistance. The project will be executed in three phases—preparation, implementation, and knowledge transfer—over approximately 160 business days. Payments will be made within 14 days of invoice receipt, contingent on the approval of completion protocols for each phase. The contract also includes standard market penalty clauses, capped at 50% of the maximum gross remuneration.

The management of Passus S.A. has deemed this contract significant due to its financial impact on the company’s operations.

Relevance: This contract aligns with Passus S.A.'s expertise in delivering advanced cybersecurity solutions and highlights its role in supporting public-sector digitalization and security initiatives.

Passus S.A. Secures Key Contract with Polish State-Owned Entity for Advanced Cybersecurity Solutions

Passus S.A., a leading Polish IT integrator, has signed a significant implementation agreement with a state-owned entity under the Polish Treasury. The contract, valued at PLN 4,854,394.56 gross, involves the delivery of a cutting-edge Security Information and Event Management (SIEM) and Security Orchestration, Automation, and Response (SOAR) system, along with expert support services.

Under the agreement, Passus will supply the software and licenses within five business days of signing the contract, while expert support services will be provided over a maximum period of six months. The payment structure includes PLN 4,663,990.56 for software delivery and licensing, payable within 30 days of acceptance, and PLN 190,404.00 for expert support services, payable upon completion. The contract also includes standard market penalty clauses, capped at 30% of the gross contract value.

The Passus management has deemed this agreement significant due to its expected positive impact on the company’s financial performance.

Relevance: This contract aligns with Passus S.A.'s expertise in cybersecurity and IT infrastructure, reinforcing its role as a trusted partner for government and defense projects in Poland.

Passus S.A. Subsidiary Secures Major Public Sector Contract for AI-Driven Cloud Platform

Passus S.A., through its subsidiary Chaos Gears S.A., has signed a significant contract with a public sector institution specializing in medical education and scientific research. The agreement, valued at up to PLN 4,978,302 gross, involves the implementation and configuration of a Cloud Analytics Platform designed to support AI-based solutions. The project also includes FinOps services, training, technical support, and the purchase of cloud credits. The primary phase of the project is scheduled for completion by May 6, 2026, with service and support extending until June 6, 2028, and an optional extension to December 6, 2029.

The contract allows for additional development and technical advisory services, with payments tied to project milestones and optional services requested by the client. Standard market penalties are included in the agreement. This deal is expected to significantly impact the financial performance of Chaos Gears and the broader Passus Group, while also enhancing its credentials in cloud computing projects within the medical education and research sectors.

Relevance: This contract aligns with Passus S.A.'s expertise in IT infrastructure modernization, cloud engineering, and AI-driven solutions, further strengthening its position in the public sector and cloud computing market.

Passus S.A. Secures Key Service Contract with State-Owned Entity

Passus S.A., a leading Polish IT integrator specializing in cybersecurity and IT infrastructure solutions, has signed a significant service agreement with a state-owned entity. The contract, valued at PLN 2,221,390 gross, covers the maintenance and servicing of network traffic monitoring devices and software. The service will be provided over a two-year period, from January 1, 2026, to December 31, 2027. Payments will be made quarterly in eight equal installments, and the agreement includes standard market penalty clauses, capped at 30% of the total gross remuneration. The company has deemed this contract crucial due to its anticipated positive impact on Passus S.A.'s financial standing.

This development aligns with Passus S.A.'s expertise in network performance monitoring and its strategic focus on government and public-sector IT projects, reinforcing its position as a trusted partner in critical infrastructure services.

Passus S.A. Secures Key Contract with State-Owned Entity for Network Traffic Analysis and SSL/TLS Decryption Solutions

Passus S.A., a leading Polish IT integrator, has announced the signing of a significant agreement with a state-owned entity for the delivery of licenses for a network traffic analysis system and an SSL/TLS decryption solution. The contract, valued at PLN 1,286,580 gross, requires Passus to deliver the licenses within 30 days of signing and ensure their validity for 24 months. The network traffic analysis system license will be active from September 10, 2025, while the SSL/TLS decryption solution license will commence on November 1, 2025. Payment will be made within 30 days of invoice issuance, and the agreement includes standard contractual penalties capped at 60% of the total contract value.

This contract is considered significant for Passus S.A. as it will positively impact the company’s financial standing and aligns with its expertise in delivering advanced IT solutions for cybersecurity and network performance monitoring.

Passus S.A. Subsidiary Secures $547,721 AWS Project with International Client

Passus S.A., a leading Polish IT integrator, has announced that its subsidiary, Chaos Gears S.A., in which it holds a 55.8% stake, has secured a significant order from an international accounting and business services institution. The project, valued at $547,721 net, involves designing architecture, configuration, development, and optimization of a solution on the Amazon Web Services (AWS) platform. The project is scheduled for completion by June 30, 2026, with payments structured in two phases: $400,000 upon achieving specific milestones and $147,721 upon project completion. The agreement does not include contractual penalties.

The management of Passus S.A. highlighted the strategic importance of this order, noting its potential to enhance the financial position of the subsidiary and the broader capital group. Additionally, the project will serve as a valuable reference for securing similar contracts in the future.

Relevance: This development aligns with Passus S.A.'s expertise in cloud engineering and IT infrastructure modernization, while also strengthening its position in delivering advanced solutions on AWS platforms.

Passus S.A. Secures Framework Agreement with Energy Sector Client for IT Security Solutions

Warsaw-based IT integrator Passus S.A. has signed a three-year framework agreement with a key player in the energy sector to supply software licenses for IT system security. The agreement, effective from October 2, 2025, allows for the execution of individual orders as specified by the client. The maximum annual value of the contract is set at PLN 10 million net, though the actual remuneration will depend on the volume of orders placed. Payments will be made within 60 days of invoice submission and acceptance protocols. The agreement includes standard market penalty clauses and is deemed significant due to its potential financial impact on the company.

This development aligns with Passus S.A.'s expertise in cybersecurity and IT infrastructure solutions, reinforcing its position as a trusted partner for critical industries like energy.

Passus S.A. Secures Major Contract with Financial Institution for Database Monitoring System

Passus S.A., a leading Polish IT integrator, has signed a significant contract with a financial sector institution for the delivery and implementation of a database monitoring system. The agreement, valued at a maximum of €1,410,964.98 and PLN 726,930 (gross), includes software licensing, implementation services, training, technical support, and additional service packages. The contract spans 60 months, with the system's acceptance scheduled for December 31, 2025, and support services extending until December 31, 2030, including optional extensions.

The deal outlines:

• Software licensing and manufacturer support from October 1, 2025, to December 31, 2028, worth €1,052,509.03 gross.
• Optional two-year manufacturer support extensions, valued at €358,455.95 gross.
• Implementation, training, and documentation services worth PLN 357,930 gross.
• An additional service package valued at up to PLN 369,000 gross, based on the client's needs.

Payments will be made in installments, contingent on the successful completion of project milestones, with penalties capped at 100% of the total contract value. The agreement is deemed significant due to its financial impact on Passus S.A.

Relevance: This contract aligns with Passus S.A.'s expertise in IT infrastructure continuity and performance monitoring, further solidifying its position as a trusted partner for large enterprises in the financial sector.

Passus S.A. Secures Key Contract with State-Owned Entity for Antivirus Software and Development Services

Passus S.A., a leading Polish IT integrator, has announced the signing of a significant agreement with a state-owned entity for the delivery of antivirus software and associated development services. The contract, valued at a total of PLN 1,335,087.51 gross, includes the supply of antivirus software with technical support from the manufacturer, as well as development services to be provided between December 31, 2025, and December 30, 2027.

Under the agreement, Passus S.A. will deliver the software within 10 business days of signing the contract, ensuring license validity and technical support for the specified period. The software delivery and support services are valued at PLN 1,261,287.51 gross, payable within 30 days of invoice issuance following acceptance. The development services, capped at PLN 73,800.00 gross, will be compensated upon completion of specific tasks. The contract includes standard market penalty clauses, with a maximum liability of 100% of the net contract value.

The company’s management has deemed this contract significant due to its expected positive impact on the financial standing of Passus S.A.

Relevance: This contract aligns with Passus S.A.'s expertise in cybersecurity and IT infrastructure continuity, reinforcing its role as a trusted partner for public-sector IT projects and its ability to deliver high-end solutions for critical government needs.

Passus S.A. Reports Revenue Growth and Strategic Expansion in H1 2025

Passus S.A., a leading Polish IT integrator specializing in cybersecurity, IT performance monitoring, and cloud services, has announced its financial and operational results for the first half of 2025. The company reported consolidated revenue of PLN 26.1 million, marking a 13% year-on-year increase. Key growth drivers included a 29% rise in AWS services revenue and a 6% increase in IT integration revenue. Despite a net loss of PLN 841,000, the company significantly reduced its losses compared to H1 2024, showcasing improved financial stability.

Operational highlights included the signing of major contracts, such as a PLN 15.1 million agreement for ManageEngine software for public institutions and a USD 493,000 contract for Riverbed software optimization. Additionally, Passus expanded its international presence, with 24% of revenue now generated outside Poland, up from 14% in H1 2024. The company also paid a dividend of PLN 3.5 million and initiated a share buyback program to enhance shareholder value and support employee incentives.

Passus continues to focus on strategic initiatives, including expanding its AWS services, developing Generative AI capabilities, and strengthening its position in cybersecurity and IT integration. The company aims to capitalize on growing demand for IT security and cloud solutions while addressing risks such as seasonality, currency fluctuations, and rising employee costs.

Relevance: This article highlights Passus S.A.'s financial performance, strategic contracts, and growth initiatives, aligning with its core business focus on IT integration, cloud services, and cybersecurity solutions.

Passus S.A. Secures Key Contract with State-Owned Entity for Riverbed Software Licensing and Training

Passus S.A., a leading Polish IT integrator, has signed a significant agreement with a state-owned entity to expand Riverbed software licenses. The contract, valued at PLN 1,791,040.39 gross, includes the delivery of licenses with manufacturer technical support within 10 business days and the provision of training workshops within 180 days of license acceptance. Technical support will be provided until January 3, 2027. The payment terms stipulate settlement within 21 days of invoice issuance, following the acceptance of deliverables and completion of training. The agreement also includes standard market penalty clauses, with a maximum penalty cap of 50% of the total contract value.

This contract is strategically relevant to Passus S.A. as it strengthens its position in IT infrastructure modernization and highlights its partnership with Riverbed, a key global technology vendor.

Passus S.A. Secures Key Contract with State-Owned Entity for Security and Data Analysis Platform

Passus S.A., a leading Polish IT integrator, has announced the signing of a significant agreement with a state-owned entity for the renewal and expansion of a software platform supporting security and operational data analysis. Under the terms of the contract, Passus will deliver the software within 10 business days and ensure the validity of the software license from September 1, 2025, to September 30, 2026. The total value of the contract amounts to PLN 1,832,617.59 gross, with payment due within 30 days of invoice issuance upon delivery. The agreement includes standard market penalty clauses, capped at 50% of the net contract value.

This contract is deemed critical by Passus S.A. due to its financial impact and alignment with the company’s expertise in cybersecurity and IT infrastructure solutions, particularly for government and defense sectors.

Passus S.A. Secures Key Contract with Polish Ministry of Justice

Passus S.A., a leading Polish IT integrator, has signed an executive agreement with a state-owned entity to deliver ManageEngine software or equivalent solutions to courts and the Ministry of Justice. The contract, valued at PLN 15,120,150 gross, includes accompanying services and is set to be completed within seven business days of signing. Payment will be made in full within 30 days of receipt of a correctly issued VAT invoice, following an approved acceptance protocol. The agreement also includes standard market penalty clauses, capped at 30% of the gross contract value.

This contract is significant for Passus S.A. as it aligns with its expertise in IT infrastructure modernization and public-sector digitalization, further strengthening its position in government and defense IT projects.

Passus S.A. Secures $7.5M Annual Framework Agreement with Energy Sector Client

Passus S.A., a leading Polish IT integrator specializing in cybersecurity and IT infrastructure solutions, has signed a three-year framework agreement with a major energy sector client for the delivery of enterprise-grade software licenses supporting data security and operational analytics. The agreement, effective from July 21, 2025, allows for the execution of individual orders under the framework, with a maximum annual value of $7.5 million net ($9.225 million gross). The total remuneration will depend on the volume of orders placed during the contract period.

Payments for completed orders will be made within 60 days of invoice submission and acceptance protocols. The agreement includes standard market penalty clauses and is deemed significant due to its potential financial impact on Passus S.A.

Relevance: This agreement aligns with Passus S.A.'s expertise in delivering advanced IT solutions for cybersecurity and data analytics, further strengthening its position in the enterprise and critical infrastructure sectors.

Passus S.A. Secures Key SOAR System Contract with State-Owned Entity

Passus S.A., a leading Polish IT integrator, has signed an executive agreement with a state-owned entity for the delivery of a Security Orchestration, Automation, and Response (SOAR) system. The contract, valued at PLN 1,818,916.13 gross, stems from a framework agreement previously announced in February 2024. The SOAR system will enhance automation and streamline IT processes for the client, with implementation scheduled within five business days of signing. Payment will be made within 30 days of the final acceptance protocol, and the agreement includes standard market penalty clauses capped at 30% of the gross contract value.

This contract is significant for Passus S.A. as it aligns with the company's expertise in delivering advanced cybersecurity solutions and strengthens its position in the public sector IT market.

Passus S.A. Secures Major Contract for Splunk Software Support and Consulting Services

Passus S.A., a leading Polish IT integrator, has signed a significant agreement with a state-owned entity to provide technical support and consulting services for Splunk software. The contract, valued at a total of PLN 3,134,850.57 gross, spans a 36-month period. Under the agreement, Passus will deliver technical support for the software, amounting to PLN 3,061,050.57 gross, paid in three equal annual installments. Additionally, consulting services will be provided on a quarterly basis, with a maximum remuneration of PLN 73,800.00 gross, calculated based on the hours of consultation delivered each quarter. The contract includes standard market penalty clauses, capped at 50% of the total gross remuneration. The company has deemed this agreement significant due to its positive impact on Passus S.A.'s financial standing.

Relevance: This contract aligns with Passus S.A.'s expertise in cybersecurity and IT performance monitoring, while also strengthening its partnership with Splunk and its position in the public sector IT market.

Passus S.A. Secures Key Contract Extension Worth PLN 4.74 Million

Warsaw-based IT integrator Passus S.A. has announced the receipt of a contract extension from a State Treasury entity for post-warranty service of its network and application performance monitoring system. The total value of the order is PLN 4,744,725 gross. The company is set to complete the order within 14 days of receiving the notification, with payment due within 30 days of order fulfillment upon issuance of a VAT invoice.

The management board of Passus S.A. has deemed the contract significant due to its financial impact on the company. This extension highlights the company's strong position in delivering critical IT infrastructure services to public-sector clients.

Relevance: This development aligns with Passus S.A.'s expertise in network performance monitoring and its strategic focus on government and public-sector IT projects, reinforcing its role as a trusted partner in critical infrastructure services.

Passus S.A. Secures Multi-Year Technical Support and Service Contract with State-Owned Entity

Passus S.A., a leading Polish IT integrator specializing in cybersecurity and IT infrastructure solutions, has signed a significant agreement with a state-owned entity to provide technical support and service for network monitoring software. The contract, valued at PLN 1,274,312.00 gross, includes two key components:

• Technical Support: Covering the period from May 5, 2025, to July 10, 2028, with a one-time payment of PLN 933,356.00 gross.
• Service Provision: Scheduled quarterly from July 10, 2025, to July 9, 2028, totaling PLN 340,956.00 gross.

The agreement also includes standard market penalty clauses, capped at 30% of the net contract value. The Passus S.A. management board has deemed this contract significant due to its positive impact on the company's financial standing.

Relevance: This contract aligns with Passus S.A.'s expertise in network performance monitoring and IT infrastructure continuity, reinforcing its position as a trusted partner for public-sector IT projects.

Passus S.A. Secures Major Public Sector Contract for Network Security and Application Monitoring Solutions

Passus S.A., a leading Polish IT integrator specializing in cybersecurity and IT infrastructure solutions, has announced the signing of a significant agreement with a state public entity for the delivery of network security and application performance monitoring software licenses and technical support. The contract, valued at PLN 2,217,939.69 gross, includes a guaranteed order worth PLN 1,613,678.82 gross for services until December 31, 2026, and an optional extension worth PLN 604,260.87 gross until December 31, 2027.

Under the agreement, Passus S.A. is committed to delivering the guaranteed order within 15 days of signing the contract, while the optional extension can be activated within 20 months of the agreement date. Payment will be made within 30 days of invoice issuance following the acceptance protocol. The contract includes standard market penalty clauses, capped at 25% of the maximum gross remuneration.

This agreement underscores Passus S.A.'s strong position in the public sector IT market and aligns with its expertise in delivering advanced cybersecurity and performance monitoring solutions for large enterprises and government entities.

Passus S.A. Secures Key Subcontract for Riverbed WAN Optimization Software Deployment

Passus S.A., a leading Polish IT integrator, has announced the signing of a subcontract agreement with an IT integrator for the delivery and implementation of Riverbed WAN optimization software. The contract, valued at a maximum of $493,720 USD net, includes the supply of software, development of project documentation, and implementation services. The agreement also covers a 60-month support service provided by Riverbed, with payments structured quarterly until January 2030.

The project will be executed in two phases: the delivery of software and project documentation within 60 days of signing the agreement, followed by post-implementation documentation and deployment within 90 days of software delivery. The contract also includes optional provisions for additional software orders worth up to $72,720 USD net. Penalty clauses are in place, capped at 100% of the gross value of the primary order.

This agreement is significant for Passus S.A. as it strengthens its position in the IT infrastructure optimization sector and aligns with its expertise in network performance monitoring and managed services.

Passus S.A. Subsidiary Secures Major AWS-Based Project in Medical Education and Research Sector

Passus S.A., a leading Polish IT integrator, has announced that its subsidiary, Chaos Gears S.A., has signed a significant agreement with a public-sector institution specializing in medical education and scientific research. Under the contract, Chaos Gears will develop, install, configure, implement, and launch production-grade software, databases, and software-hardware components within the Amazon Web Services (AWS) environment. The agreement also includes technical support services for a period of 36 months.

The total maximum value of the contract is PLN 7,878,150 gross, which includes:

• PLN 4,917,540 gross for the primary order, payable in installments upon completion of each project phase, with the final phase scheduled for completion within 11 months.
• PLN 2,458,770 gross for technical support services, payable in 36 equal monthly installments.
• PLN 501,840 gross for optional additional work.

The agreement includes standard contractual penalties and is expected to significantly impact the financial performance of Chaos Gears and the Passus Group. Furthermore, the project will provide valuable references for future cloud computing initiatives in the medical sector.

Relevance to Passus S.A.: This contract aligns with Passus S.A.'s expertise in IT infrastructure modernization and cloud engineering, while strengthening its position in the public sector and healthcare industry, particularly in AWS-based solutions.

Passus S.A. Secures Major Contract with Polish Ministry of Justice for IT Solutions

Passus S.A., a leading Polish IT integrator, has signed an executive agreement with a state-owned entity to deliver ManageEngine software or equivalent solutions to courts and the Ministry of Justice. The contract, valued at PLN 12,139,742.96 gross, includes accompanying services and is set to be completed within seven business days of signing. Payment will be made in full within 30 days following the submission of a correctly issued VAT invoice and an approved acceptance protocol. The agreement also includes standard market penalty clauses, capped at 30% of the gross remuneration.

This contract is significant for Passus S.A. as it aligns with its expertise in IT infrastructure modernization and public-sector digitalization, reinforcing its position as a trusted partner in government IT projects.

Passus S.A. Secures Key Contract for Cybersecurity Support in Automotive Sector

Passus S.A., a leading Polish IT integrator specializing in cybersecurity and IT infrastructure solutions, has signed a significant agreement with a major automotive company to extend technical support services for its email protection software. The contract, valued at PLN 995,142.57 gross, covers a 12-month period and aims to safeguard the client’s email systems against cyber threats. Passus has committed to initiating the service within 10 days of the agreement's signing, with payment due within 30 days of invoice issuance following service acceptance. The agreement includes standard market penalty clauses and is expected to positively impact Passus S.A.'s financial performance.

This development aligns with Passus S.A.'s expertise in delivering advanced cybersecurity solutions and highlights its growing presence in critical industries such as automotive, further strengthening its market position.

Passus S.A. Secures Strategic Government Contract for Network Traffic Analysis Solutions

Passus S.A., a leading Polish IT integrator specializing in cybersecurity and IT infrastructure solutions, has announced the receipt of a significant order from a State Treasury entity. The contract, valued at PLN 2,333,000 gross, involves the delivery of an advanced network traffic analysis device with accompanying software and a 24-month warranty. This optional order, referenced in the company's earlier ESPI report, is set to be completed within 60 days of notification, with payment due 30 days post-delivery upon invoice submission.

The company’s management has deemed the contract crucial due to its positive impact on Passus S.A.’s financial standing.

Relevance: This development aligns with Passus S.A.’s core expertise in network performance monitoring and cybersecurity, while reinforcing its role as a trusted partner in government IT projects.

Passus S.A. Secures Major Public Sector Contract for Network and Application Monitoring Solutions

Passus S.A., a leading Polish IT integrator, has signed a significant contract with a public institution for the delivery and implementation of advanced network and application monitoring solutions. The agreement, valued at PLN 9,483,752.64 gross, includes the deployment of the solution within five months and a 36-month service period for technical support and consulting starting January 1, 2025. The contract outlines specific payment terms, with PLN 6,481,391.52 allocated for the solution implementation, PLN 2,877,270.12 for technical support, and PLN 125,091.00 for consulting services, all paid in installments. Standard market penalty clauses apply, capped at 20% of the gross contract value. The deal is expected to have a substantial impact on Passus S.A.'s financial performance.

Relevance to Passus S.A.: This contract aligns with Passus S.A.'s expertise in delivering high-end IT systems for network performance monitoring and consulting, reinforcing its position as a trusted partner for public-sector digitalization initiatives.

Passus S.A. Secures Major Cybersecurity Contract with Energy Sector Client

Warsaw-based IT integrator Passus S.A. has signed a significant contract valued at PLN 1,527,277.47 gross with a prominent energy sector company. The agreement involves the delivery and implementation of advanced cybersecurity solutions, including emulation traps, along with manufacturer warranty and technical support services. The breakdown of the contract includes PLN 540,423.87 for hardware delivery, PLN 749,709.60 for software and technical support services, and up to PLN 237,144.00 for project design and implementation.

The hardware and software are scheduled for delivery within 13 weeks of the contract signing, while technical support services will be provided for 24 months following deployment. Implementation work, including post-project documentation, is expected to be completed within 103 business days. Payments will be made within 30 days of invoice receipt, based on approved acceptance protocols. The contract includes standard market penalty clauses, capped at 100% of the total contract value.

This agreement is deemed significant by Passus S.A. due to its positive impact on the company’s financial position.

Relevance: This contract aligns with Passus S.A.’s expertise in delivering high-end cybersecurity solutions and reflects its strategic focus on supporting large enterprises, particularly in critical sectors like energy.

Passus S.A. Secures Key IT Contract with Polish State-Owned Entity

Passus S.A., a leading Polish IT integrator specializing in cybersecurity and IT infrastructure solutions, has announced the signing of a significant contract with a state-owned entity. The agreement, valued at PLN 2,580,992.10 gross, involves the delivery of advanced IT solutions to the contracting party. The project is set to be completed within six weeks from the signing date, with payment terms stipulating settlement within 30 days of invoice issuance, following acceptance protocols.

The contract includes standard market penalty clauses, capped at 30% of the gross contract value. The company’s management has deemed the agreement crucial due to its positive impact on Passus S.A.’s financial standing.

Relevance: This development aligns with Passus S.A.’s expertise in delivering high-end IT systems and its active participation in government and defense projects, reinforcing its position as a trusted partner in Poland’s public sector digitalization efforts.

Passus S.A. Secures Strategic State Contract Worth PLN 2.37 Million

Passus S.A., a leading Polish IT integrator specializing in cybersecurity and IT infrastructure solutions, has announced the receipt of a significant optional order from a State Treasury entity. The contract, valued at PLN 2,367,000, represents half of the maximum optional order value previously disclosed in ESPI report no. 25/2023. Under the agreement, Passus will deliver software within 10 business days of receiving the notification, with payment due within 30 days following the issuance of a VAT invoice.

The company’s management has deemed the order crucial due to its substantial impact on Passus S.A.’s financial standing.

This development underscores Passus S.A.’s strong position in government and defense IT procurement, aligning with its expertise in delivering high-end solutions for cybersecurity and IT infrastructure continuity.