Entering into a Company bank account financial pledge agreement

The Management Board of Polimex-Mostostal S.A. having its registered office in Warsaw (hereinafter referred to as the ‘Company’) hereby informs of entering into a financial pledge agreement applicable to all new bank accounts of the Company (hereinafter referred to as the ‘Agreement’).

The financial pledge is to secure all the receivables under the agreement regarding the principles of the Company’s financial debt management.

The financial pledge is set, with first priority of satisfaction, with respect to any and all monies held the by the Company on bank accounts being the subject matter of the pledge, and with respect to claims regarding payment of monies from such bank accounts.

The financial pledge has been set until 31 December 2027.

The Company is obliged to enter into agreements regarding financial pledges on the rights to monies upon opening any and all new bank accounts.

The Agreement is an element of organisational restructuring of which the Company informed in current report no. 130/2012 regarding the Company and its financial creditors entering into an agreement regarding the principles of financial debt management, and performance of the obligations of the Company arising from the annex to the contract regarding the financial debt management of which the Company informed in detail in current report no. 150/2013 dated 25 October 2013.