54/2022 – Conclusion of annexes to long-term financing agreements

The Management Board of Trakcja S.A. (the “Company”) informs that on 12 August 2022, the Company has signed annexes to long-term financing agreements, which are within the framework of  implementing the provisions of the Term Sheet, as informed by the Company in Current Report No. 38/2022.

As a part of financial documentation, the Company has signed:  
1.    Annex no. 29 to the revolving credits and guaranty lines agreement  concluded on 13 June 2019 (as amended) between the Company and BTW sp. z o.o. (formerly “Bahn Technik Wrocław sp. z o.o.”), PRK 7 Nieruchomości sp. z o.o., Platforma Działalności Międzynarodowej S.A., Przedsiębiorstwo Produkcyjno-Usługowe „DALBA” sp. z o.o., Przedsiębiorstwo Eksploatacji Ulic i Mostów sp. z o.o., TOB Trakcja Ukraina (jointly “Affiliates”), and mBank S.A., Credit Agricole Bank Polska S.A., Bank Rozwoju Gospodarstwa Krajowego, as creditors, and Agencja Rozwoju Przemysłu S.A. [Industrial Development Agency JSC] (“ARP”) as the lender;
2.    Annex no. 18 to the agreement on joint conditions, concluded on 27 September 27 2019 (as amended) by the Company, Affiliates, mBank S.A., Credit Agricole Bank Polska S.A., Bank Polska Kasa Opieki S.A., Bank Gospodarstwa Krajowego and ARP,
3.    Annex no. 10 to the understanding on the consolidation of selected conditions of granting guaranty and surety agreements of 13 June 2019, concluded by the Company, Affiliates, UNIQA Towarzystwo Ubezpieczeń S.A., Credendo – Excess & Surety Societe Anonyme, operating in Poland through Credendo – Excess & Surety Spółka Akcyjna Oddział w Polsce {Polish Branch], Generali Towarzystwo Ubezpieczeń S.A., Korporacja Ubezpieczeń Kredytów Eksportowych S.A., Sopockie Towarzystwo Ubezpieczeń Ergo Hestia S.A., Powszechny Zakład Ubezpieczeń S.A.; and
4.    Annex no. 10 to the agreement between creditors dated 13 June 2019, concluded by the Company, Affiliates, COMSA and creditors, that is: mBank S.A., Bank Polska Kasa Opieki S.A., Credit Agricole Bank Polska S.A, UNIQA Towarzystwo Ubezpieczeń S.A., Credendo – Guarantees & Speciality Risks Societe Anonyme, operating in Poland through Credendo – Guarantees & Speciality Risks Spółka Akcyjna Oddział w Polsce, Sopockie Towarzystwo Ubezpieczeń ERGO Hestia S.A.,  Korporacja Ubezpieczeń Kredytów Eksportowych S.A., Generali Towarzystwo Ubezpieczeń S.A., Powszechny Zakład Ubezpieczeń S.A., Bank Gospodarstwa Krajowego, and ARP.
The conclusion of the foregoing annexes and retention of the to-date financing conditions of the Company was preceded by the taking over of Company shares by PKP PLK S.A., as informed by the Company in Current Report No. 49/2022.

Legal basis:
Article 17 (1) MAR