Medard S.A. Reports Earnings Results for the First Quarter Ended March 31, 2022

Medard SA, formerly Boomerang SA, is a Poland-based company active in the tourism sector. The Company offers its services to both individual as well as corporate clients. Its portfolio of services is comprised of offers under four brands represented by the Company’s subsidiaries: Plazuj.pl engaged in the rental of holiday self-catering apartments located in Bulgaria and Croatia; SAFPOL Travel engaged in the organization of cruses, Exiters Intencive Travel engaged in the organization of integration and motivation trips and focused on the incentive tours and Inovelti that provides Internet solutions. In addition, the Company manages also Internet portals Kruzy.pl, Nartuj.pl and NaNiebie.pl that provide clients with offer of tours and possibility of booking and purchasing chosen tours.