Current Report No. 48/2018: Execution of working capital facility agreement with Bank Pocztowy

The Management Board of KRUK S.A. (the “Company”) announces that on December 19th 2018 a credit facility agreement (the “Agreement”) was concluded with Bank Pocztowy S.A. The Agreement provides for a revolving working capital facility of up to PLN 50m to finance or refinance purchase of debt portfolios on the Polish market (the “Credit Facility”). The Credit Facility bears interest set on arm’s length basis based on 1M WIBOR. The Credit Facility is granted for a period ending on December 18th 2023.