Softline has completed the transfer of the Russian business to Igor Borovikov, the group's founder, in exchange for a portion of his stake in the company. As compensation, all GDR holders will receive approximately 0.6 bonus securities per GDR. However, due to the sanctions, the bonus securities of GDR holders in Russian depositories will be frozen and will not be available to them. In addition, the compensation payment is still subject to approval by shareholders at Softline's general meeting on October 25.