21/2021 – Review of strategic options for the Trakcja S.A. Group

The Management Board of Trakcja S.A., having its seat in Warsaw (the “Company”, the “Issuer”), informs that the Company has concluded today a consulting agreement with KPMG Advisory Spółka z ograniczoną odpowiedzialnością sp.k., having its seat in Warsaw, which marks the beginning of a review of strategic options for the Trakcja S.A. Group.

This process shall concern the Issuer’s capital structure. The Management Board shall review the Company’s assets and areas of activity of the Issuer’s group with a view of divestments as regards the potential sale of shares held in subsidiaries.

The above-mentioned review of strategic options shall be conducted in parallel to the process of increasing the share capital as its alternative in the event of no capital injections for the Company (as informed by the Company in Current Report no. 20/2021).

The Management Board informs that as at today, no decisions have been taken as to the implementation of options in this regard.

The Management Board shall inform the public as to any material decisions and events which follow from the review process, in accordance with existing regulations.

Legal basis:

Article 17 (1) MAR