Kalliwoda Research: Buy recommendation and a 12-month price target of HUF 230 for AutoWallis shares

PRESS RELEASE

Kalliwoda Research: Buy recommendation and a 12-month price target of HUF 230 for

AutoWallis shares

Budapest, January 6, 2022 - With a buy recommendation maintained, Kalliwoda Research Gmbh raised their 12-month target price on shares of AutoWallis Plc to HUF 230 in a recent analysis. The previous target price was HUF 218.

Kalliwoda Research Gmbh's detailed analysis is available here: http://kalliwoda.com/pdf/Autowallis_Kalliwoda_Comprehensive_Update_2021_Q3.pdf

AutoWallis Group

AutoWallis Plc., a company listed in the Premium category of the Budapest Stock Exchange, as well as in the BUX and BUMIX indices, aims to become a major vehicle trading company and mobility service provider in the Central and Eastern European region by the end of the decade, broadening its automotive investment portfolio through business developments and acquisitions. The AutoWallis Group is present in 14 countries of the Central and Eastern European region (Albania, Bosnia and Herzegovina, Bulgaria, Croatia, the Czech Republic, Hungary, Kosovo, Montenegro, North Macedonia, Poland, Romania, Serbia, Slovakia, Slovenia), where it is engaged in the retail and wholesale of vehicles, parts, and accessories, in repair and maintenance services, as well as in short- and long-term vehicle rentals. The brands represented by the Group include BMW cars and motorbikes, Dacia, Isuzu, Jaguar, Land Rover, Maserati, MINI, Nissan, Opel, Peugeot, Renault, SsangYong, Suzuki, and Toyota, as

well as Saab spare vehicle parts, and Sixt rent-a-car. AutoWallis received "The Share Capital Increase of the Year" award at the Best of BSE Award 2020 Gala. www.autowallis.huwww.facebook.com/AutoWallis

Further information:
Dániel R. Kovács, Financial Communications	Mobile: [phone]	E-mail:[e-mail]