Selection of the offer of the Issuer’s consortium and its subsidiary

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

The Management Board of Polimex Mostostal S.A. with the registered office in Warsaw (the “Company”, the “Issuer”) informs that on 19 November 2019 the Company received a notification about the selection of the offer of the consortium comprising of the following entities: the Company (acting 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”) by the City of Konin as the most advantageous in the tender procedure for the implementation of the following assignment: “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 remuneration of the Contractor for the execution of the Assignment amounts to PLN 72,440,687.64 gross.

The Issuer will inform about the conclusion of the agreement for the performance of the Assignment and its conditions in a separate current report.