Current Report No. 2/2023: Bond allotment under First Bond Issue Programme without Prospectus

Further to Current Report No. 89/2022 of December 19th 2022 on the issue of bonds under the First Bond Issue Programme without Prospectus, the Management Board of KRUK S.A. (the “Company”) announces that on January 4th 2023 it was notified that the issue of Series AL3 unsecured bearer bonds (the “Bonds”) had been paid up in full. 
Based on the notification, the Company’s Management Board concluded that the Bond issue was successful and that 120 thousand Bonds had been finally allotted, each with a nominal value equal to the issue price of PLN 1,000, with a total value amounting to PLN ...m. The interest rate on the Bonds was set at 3M WIBOR plus 4.5 pp per year. 
The Bonds will be redeemed at maturity, falling 72 months after the issue date. 
The Bonds have been recorded in the register maintained by the issue agent within the meaning of Art. 7a.1 of the Act on Trading in Financial Instruments of July 29th 2005, with Bank Polska Kasa Opieki S.A. acting as the issue agent. In accordance with the applicable regulations, the Bonds will be registered in the depository maintained by the Central Securities Depository of Poland.