Shoper strengthens Management Board. Piotr Biczysko appointed as Board Member for Finance

Piotr Biczysko, a manager with more than 20 years of experience in finance, has become a Board Member of Shoper S.A.

Piotr Biczysko is a respected manager and finance expert. For the past 8 years he has served as a member of the board of directors and chief financial officer of home.pl S.A. - a leading provider of Internet services for small and medium-sized businesses in Central and Eastern Europe. At Shoper S.A. he will be responsible for managing the areas of finance, mergers and acquisitions and investor relations.

- The addition of Piotr Biczysko is a significant strengthening of the Company's management team. He is well acquainted with the Internet services segment for SMEs and the specifics of the SaaS model. He has many years of experience in financial management and has a great understanding of their role in business development. His extensive knowledge of mergers and acquisitions and international expansion will also be of great value to us," comments Marcin Kuśmierz, CEO of Shoper.

In his more than 20-year career, Piotr Biczysko has been involved in corporate financial management, controlling and obtaining financing. As a member of the board of directors and financial director of home.pl S.A. for 8 years, he co-created the success of this company, which in recent years has made a number of investments in the development of its product offerings, technology platform and processes for servicing customers in the SME segment. In the past, he also served as CFO of PC Factory S.A., MSL Sp. z o.o. and Barlinek S.A.

- I am delighted to be joining a team whose ambition is to become a leading e-commerce platform in Europe. I will use my experience in financial management to support business development and strengthen the market position of Shoper ," says Piotr Biczysko, board member of Shoper.

Shoper S.A. is a leader in the Polish market of e-commerce software providers in the SaaS model. It has a market share of about 45% in terms of the number of customers served, and including stores sold on a private label basis, this share rises to about 57%. It enables entrepreneurs to conveniently, quickly and easily set up their own online store and conduct sales in the online channel. The Company's comprehensive offer consists of a subscription-based platform Shoper, which allows for flexible adjustment to the needs of a given client, and a range of services sold in the pay-as-you-grow (PAYG) model, correlated directly to the number of orders or the volume of turnover (GMV) generated by stores on the platform.

On July 9 this year. Shoper S.A. made its debut on the main floor of the Warsaw Stock Exchange. The opening share price was PLN 54.1, up 15 percent from the maximum offering price of PLN 47.00. The value of the entire offering Shoper was approximately PLN 363 million.