PL

Decision of the Company Management Board on the acceptance of the terms amending the overdraft in the current account and foreign currency accounts agreement concluded with Powszechna Kasa Oszczędności Bank Polski S.A. and signing an annex to the agreement

The Management Board of Grupa Kęty S.A. (hereinafter referred to as the Company or the Issuer) informs that on 25 November 2021, it made a decision on the acceptance of the terms proposed by Powszechna Kasa Oszczędności Bank Polski S.A. (hereinafter referred to as the Bank) as regards amendment of the overdraft in the current account and foreign currency accounts agreement concluded with the Bank, about which the Issuer informed in the current report No. 22/2020 of 14 July 2020 (hereinafter referred to as the Agreement), and that an annex to the Agreement was signed together with the other borrowers under that Agreement.

Pursuant to the annex, the amount of the total debt limit will be increased for PLN 50 million, to PLN 180 million. The other terms and conditions of the amended agreement do not differ from the generally binding standards in that regard.