Current report No. 27/2023: Claim assignment agreements executed on the Italian market

Further to Current Report No. 16/2023 of February 23rd 2023, the Management Board of KRUK S.A. (the Issuer) announces that today, the Issuer’s subsidiary Kruk Investimenti s.r.l. of Milan (the Buyer) has signed agreements (Agreements) with entities of the one of the primary financial institutions in Italy providing for the purchase of  unsecured retail debt portfolios with an aggregate nominal value up to EUR 196m (PLN 918m translated at the average exchange rate quoted by the National Bank of Poland for March 23 2023) comprising:
•    Stock portfolio with an aggregate nominal value up to EUR 124m (PLN 581m translated at the average exchange rate quoted by the National Bank of Poland for March 23 2023) and: 
•    Forward flows portfolio with an aggregate nominal value up to EUR 72m (PLN 337m translated at the average exchange rate quoted by the National Bank of Poland for March 23 2023) which will be purchased in tranches starting from June 2023.