8/2024 – Information on the Conclusion of a Significant Agreement by Trakcja S.A.

The Management Board of Trakcja S.A. (the “Company,” the “Issuer”) announces that today it has signed an agreement in which the Company acts as the Contractor, and the City of Bydgoszcz – Municipal Roads and Public Transport Authority in Bydgoszcz acts as the Ordering Party, for work under the project entitled: “Reconstruction of the tram track on Toruńska Street from Kazimierza Wielkiego Street to the MZK depot” (the “Agreement”). The subject of the Agreement includes the design and execution of construction work, consisting of the preparation of project documentation (including author’s supervision) and the reconstruction of the tram track along Toruńska Street in Bydgoszcz, along with the road system, underground utilities, and the construction of street lighting.

The scope of the Agreement is divided into a base order and an optional order, which includes the execution of Package 1 and Package 2 by the Issuer. The Ordering Party reserves the right to use the option in whole or in part.

The conclusion of this Agreement follows the selection of the Company’s offer as the most advantageous in an open tender.

The total maximum value of the Agreement may amount to PLN 106,687,672.00 net. The total maximum value of the Agreement consists of:

1. Base order – PLN 59,965,320.00 net
2. Optional order, i.e.:
   • Package 1 – PLN 5,444,284.00 net,
   • Package 2 – PLN 41,278,068.00 net.

The work is to be completed within the following deadlines:

1. Base order – within 22 months from the date of signing the Agreement,
2. Optional order:
   • Package 1 – within 7 months from the date the Ordering Party activates the option,
   • Package 2 – within 16 months from the date the Ordering Party activates the option.

The Ordering Party is entitled to activate the options within the first 3 months from the date of signing the Agreement; after this period, the right to activate them expires. If the option for preparing project documentation is activated for Package 1 or Package 2, it will be activated for the entire scope covering Package 1 or Package 2, or both.

The project will be co-financed by the European Funds Operational Program for Pomerania and Kujawy 2021-2027.

The remaining terms of the Agreement do not differ from the conditions commonly applied for this type of agreement, considering the conditions resulting from co-financing from European Union funds.

The Issuer’s Management Board decided to publish this information because the execution of the aforementioned investment task constitutes a significant part of the Company’s order portfolio and impacts the maintenance of current and the increase of future revenues and results of the Company.

Legal basis: Article 17 of the MAR Regulation
Art. 17 MAR