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Conclusion of a significant contract by a subsidiary of Poznańska Korporacja Budowlana Pekabex S.A. | Pekabex - budownictwo prefabrykowane

Conclusion of a significant contract by a subsidiary of Poznańska Korporacja Budowlana Pekabex S.A.

Conclusion of a significant contract by a subsidiary of Poznańska Korporacja Budowlana Pekabex S.A.

The Management Board of Poznańska Korporacja Budowlana Pekabex S.A. (“the Issuer”) informs that the Issuer’s subsidiary – Pekabex Bet S.A. (“the Company”) has concluded a contract today with Dachland sp. z o.o., the detailed terms and conditions of which are set out below:

Subject of the contract: execution of a prefabricated reinforced concrete structure for the investment “Expansion of the hall of the Fluid Department” of the Reckitt Benckiser Production (Poland) Sp. z o.o. “, located in Nowy Dwór Mazowiecki

Contract value: 2% of the revenues of the Pekabex Group according to the last published annual consolidated financial statements (in full percentages)

Works/delivery start date: 15.11.2021 r.

Works/delivery completion date: 15.05.2022 r.

Warranty period: 60 months Statutory warranty period: 60 months

Performance bond: 5% of the net contract value

Retention bond: 2,5% of the net contract value

Limit of contractual penalties which may be imposed on the contractor/supplier: 10% of the net contract value

The possibility of claiming supplemental compensation: none

Other terms and conditions of the contract deviating from those typical for this contract type: none

The reason for considering the Information as material: The contract value exceeds 5% of the value of the Issuer’s consolidated equity according to the last published annual consolidated financial statements.

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