PL

The confirmation of the bank’s decision to extend and increase the loan amount

The Management Board of Grupa Kęty S.A. hereby informs that, on 28 October 2016, the Company received the confirmation of the decision of PEKAO S.A. to extend, for another 12 months, the working capital loan agreement and to increase the loan amount to PLN 200,000,000.00 (the loan agreement concluded by the Group companies on 31 October 2011). The financing also covers the following subsidiaries: Alupol Packaging S.A., Alupol Packaging Kęty Sp. z o. o., Alupol Films Sp. z o.o., Metalplast – Stolarka Sp. z o.o., Aluprof S.A.  and Aluform Sp. z o.o. The loan amount is the joint total debt of the aforementioned companies. The loan is to be used to finance the current operations of the companies. According to specific terms and conditions of the agreement, the companies are jointly and severally liable for the debt under the aforementioned agreement.