Conclusion with Santander Bank Polska S.A. an annex to the loan agreement

With reference to the information contained in current report No. 18/2016 as regards the loan facility agreement executed with Santander Bank Polska S.A. [the Bank], the Management Board of Przedsiębiorstwo Przemysłu Spożywczego PEPEES S.A. [the Company, the Issuer] announces that on 6 July 2021 another annex to the multi-line loan agreement by and between the Issuer and its subsidiaries, i.e. Zakłady Przemysłu Ziemniaczanego "Lublin" Sp. z o.o. [Lublin] and Przedsiębiorstwo Przemysłu Ziemniaczanego Bronisław S.A. [Bronislaw] and the Bank [Annex] was signed.
Pursuant to the Annex to the Multiline Credit Agreement, the credit limit granted to the Issuer and its subsidiaries was raised to PLN 67.5 million in such a way that the revolving credit granted to the Issuer, Lublin and Bronisław is now PLN 36.5 million, PLN 6.5 million and PLN 17.8 million, respectively, with the repayment of this loan in equal monthly instalments starting from January 2023 the current loan amounting to PLN 4 million, PLN 2 million and PLN 0.7 million respectively.
In addition, the Annex to the Multiline Loan Agreement extended the repayment date to 31 August 2023.
The other terms and conditions of the Multiline Loan Agreement have not been materially altered to deviate from the standard provisions used in this type of agreement.



SIGNATURES OF INDIVIDUALS REPRESENTING THE COMPANY
Date Full name Position/Function Signature
2022/07/06 Wojciech Faszczewski President of the Management Board
2022/07/06 Tomasz Rogala Member of the Management Board