Current Report No. 40/2021: Execution of annex to syndicated revolving credit facility agreement

Further to Current Report No. 35/2017 of July 3rd 2017 and Current Report 43/2019 of September 5th 2019, the Management Board of KRUK S.A. (the “Company”) announces that today the Company and its subsidiaries (jointly the “Borrowers”) have executed an annex (the “Annex”) to the revolving multi-currency credit facility agreement (the “Credit Facility”) entered into with a syndicate of banks, currently comprising DNB Bank ASA of Oslo, Norway, ING Bank Śląski S.A. of Katowice, Santander Bank Polska S.A. of Warsaw, and PKO BP S.A. of Warsaw (jointly the “Lenders”). The Annex provides for an increase in the Credit Facility limit, up to EUR 273m, and its extension by another 12 months, i.e. until July 2026. Prior to the execution of the Annex, the available amount of the Credit Facility was EUR 235m. No other terms of the Credit Facility agreement have been materially amended. Following the execution of the Annex, the amount of the surety provided by the Company and of its declaration of voluntary submission to enforcement will amount to EUR 447m each.