PL

A decision by the Company’s Management Board to sign a working capital loan agreement with Bank PEKAO SA

The Management Board of Grupa Kęty SA hereby gives notification that on the 29th of October, 2018, it adopted a resolution regarding its acceptance of the borrowing terms being offered by Bank PEKAO SA and together with the subsidiaries: Alupol Packaging SA, Aluprof SA, Aluform Sp. z o.o., Alupol Packaging Kęty Sp. z o.o., Alupol Films Sp. z o.o., and Aluminium Kety Emmi Predelava aluminija, d.o.o. signed a credit agreement with Bank PEKAO SA for 300 mill. PLN for the period of 12 months. The credit amount constitutes a joint credit limit for the companies: Grupa Kęty SA, Alupol Packaging SA, Aluprof SA,  Aluform Sp. z o.o., Alupol Packaging Kęty Sp. z o.o., Alupol Films Sp. z o.o., and Aluminium Kety Emmi Predelava aluminija, d.o.o. The loan will be used to finance the companies’ current activities. In accordance with the detailed provisions of this agreement the companies are jointly and severally liable for the debt under this agreement. The loan is secured by the borrower’s blank promissory notes and a promissory note declaration.