Conclusion by the Company of a facility agreement

Hour: 12:32

Legal basis: Article 17 sec. 1 of MAR - confidential information

Content of the report:

The Management Board of Grupa Pracuj S.A. (the “Company”) informs about conclusion on June 14, 2022 of a term loan facility agreement between the Company as a borrower and BNP Paribas Bank Polska S.A., Santander Bank Polska S.A. and Powszechna Kasa Oszczędności Bank Polski S.A. as lenders (the “Banks”) (the “Facility Agreement”).

Based on the Facility Agreement the Banks undertook to make available to the Company a term loan up to the amount of PLN 400,000,000.00 for financing of the general corporate purposes, including planned future investments and further development of the Company. The Company will be able to draw down the loan within 6 months from the date of the execution of the Facility Agreement. The parties set the final repayment date of the loan for June 14, 2027. The loan bears interest at variable interest rate plus the Banks' margin.

The Company will be able to draw down on the loan once the standard conditions precedent for this type of financing are met.

The loan will be secured inter alia by: (i) Company’s statement of submission to enforcement, (ii) registered pledge over the collection of assets of the Company, (iii) registered pledges over trademark and domain (pracuj.pl) of the Company, (iv) registered and financial pledges over bank accounts of the Company, (v) powers of attorney to bank accounts.

The other terms of the Facility Agreement are standard for this type of agreements.