Current Report No. 49/2019: Subsidiary wins tender for a debt portfolio on the Polish market

The Management Board of KRUK S.A. (the „Company”) announces that on October 25th 2019 it was notified that PROKURA Niestandaryzowany Sekurytyzacyjny Fundusz Inwestycyjny Zamknięty (“PROKURA NS FIZ” or the “Buyer”), a subsidiary of the Company, won an auction held on the Polish market by one of Poland’s largest banks (the “Bank”) to purchase a portfolio of secured and unsecured debt, with a nominal value of approximately PLN 1,4bnThe transaction will be completed following approval by the Bank’s Management Board of the selected Buyer. Upon conclusion of the relevant portfolio purchase agreement, the Company will promptly release a separate report to announce it.