Current Report No. 33/2023: Resolution of Management Board on issue of bonds under bond issue framework in EUR

Further to Current Report No. 26/2023 of March 13th 2023 on the launch of the bond issue framework in EUR (the “Framework”), the Management Board of KRUK S.A. (the “Issuer”, “Company”) announces that on April 25th 2023 it passed a resolution on the first issue of senior unsecured bonds in EUR under Swedish law (the “Bonds”).

The interest rate of the Bonds shall be a floating rate of 3 months EURIBOR plus a margin of 6,5 percentage points per annum.

The Bonds will be redeemed at maturity, falling 60 months after the issue date.

The issue comprised up to 1,500 Bonds, offered at an issue price equal to the their nominal value of EUR 100,000 per Bond, with an aggregate nominal value of up to EUR 150m. The offer was accepted by Investors. The Bonds will exist in book-entry form. The Issuer will apply for listing of the Bonds on the Nasdaq Stockholm regulated market in Sweden.