46/2023/K – Execution of a Series of Agreements Concerning Long-Term Financing – Correction of Report No. 46/2023

The Management Board of Trakcja S.A. (the “Company,” the “Issuer”) informs that it is correcting an error that appeared in the original version of current report No. 46/2023, published by the Company on December 27, 2023, regarding the terms specified in the Financing Documents mentioned in that report, which are required to be met for the continuation of the Company’s financing in subsequent periods.

In item d] of the current report in question, the Company stated: d] the adoption by the General Meeting of the Company by June 30, 2024, of a resolution regarding the recapitalization of the Company by PLK and the acquisition, no later than December 17, 2024, of shares in the increased share capital of the Company for cash in the amount of at least PLN 100,000,000.00, provided that if any stage of the recapitalization referred to above is not completed within the time frame set out in the Financing Documents, the Company will be obliged to begin the process of selling all shares held in AB Kauno.

However, it should be: d] the convening of the General Meeting of the Company for a date before June 30, 2024, to adopt a resolution regarding the recapitalization of the Company by PLK and the acquisition, no later than December 17, 2024, of shares in the increased share capital of the Company for cash in the amount of at least PLN 100,000,000.00. Additionally, if any stage of the recapitalization, including but not limited to the adoption of a resolution on recapitalization by the General Meeting of the Company no later than September 2024, is not completed within the timeframe set out in the Financing Documents, the Company will be obliged to begin the process of selling all shares held in AB Kauno. However, the initiation of this sales process does not replace the condition related to recapitalization.

The remaining content of the report remains unchanged.

Legal basis: § 15(2) of the Regulation of the Minister of Finance dated March 29, 2018, on current and periodic information disclosed by issuers of securities and the conditions for recognizing as equivalent information required by the laws of a non-member state.