Current Report No. 81/2022: Subsidiary wins tender for a debt portfolio on the Spanish market

The Management Board of KRUK S.A. (the “Company”) announces that on 2nd December 2022 it was notified that its subsidiary, InvestCapital Ltd., of Malta, had won the tender to purchase an unsecured retail debt portfolio from Banco Bilbao Vizcaya Argentaria S.A.  The portfolio face value is approximately EUR 663m (or PLN 3,1bn at the mid-rate quoted by the National Bank of Poland for 2nd December 2022). The relevant agreement related to the tender will be announced by the Issuer promptly after its execution in a separate report.