Conclusion of an annex to the significant agreement

Legal basis: Article 17(1) of the Market Abuse Regulation (MAR) – confidential information.              

With reference to the following current reports: report No 30/2019 of 19 November 2019 and report No 33/2019 of 3 December 2019, the Management Board of Polimex Mostostal S.A. with the registered office in Warsaw (the “Company”, the “Issuer”) informs about the conclusion of an annex to the agreement of 3 December 2019 (the “Agreement”) between the City of Konin (the “Ordering Party”) and the consortium comprising the Company (as the consortium leader) and Polimex Infrastruktura Sp. z o.o. with the registered office in Warsaw (the subsidiary of the Issuer, the consortium partner) (jointly referred to as the “Contractor”) for the execution of the following investment: “Construction of the connection between the Paderewski street with the Wyzwolenia street in Konin in relation to the modernization of the E-20 railway line (the “Assignment”). The parties to the Agreement consented that the scope of work within the Assignment has been modified by the occurrence of replacement works, additional works and discontinued works and therefore, as stipulated by the Annex, the Contractor's remuneration for performing the Assignment will amount to PLN 68,895,983.17 gross. Other material provisions of the Agreement remain unchanged.