Polish Financial Supervision Authority

Current Report No. 5/2021

Prepared on: 31/03/2021; 13:21

Subject:

Satisfaction of the conditions precedent related to the supplementary agreement to a loan agreement concluded by the Issuer and subsidiaries of BEST S.A.

Legal basis:

Article 17(1) MAR - inside information

Report contents:

In reference to the current report no. 38/2020 of 10 December 2020 disclosing that the Issuer, the Issuer's subsidiaries BEST II NSFIZ and BEST IV NSFIZ (Borrowers), and ING Bank Śląski S.A. (Bank) concluded a supplementary agreement (Supplementary Agreement 3) to a loan agreement mentioned by BEST II NSFIZ in current report no. 1/2016 of 19 July 2016, the Management Board of BEST S.A., with its registered office in Gdynia (Issuer), hereby discloses that today the Borrowers were informed by the Bank that all conditions precedent, as defined in Supplementary Agreement 3, have been satisfied. The conditions precedent were as follows:

  1. receipt by the Bank of all documents and representations provided in Supplementary Agreement 3 concerning cooperation;
  2. each Borrower must submit a statement of submission to enforcement proceedings under Article

777 § 1(5) of the Civil Procedure Code.

In view of the above, the provisions of Supplementary Agreement 3 have come into force as of today. BEST II NSFIZ and BEST IV NSFIZ are 100% owned subsidiaries of the Issuer. There are no relations between the Issuer, its managers and supervisors, and the Bank.

BEST S.A.

(full name of the issuer)

BEST

Other finance (fin)

(abbreviated name of the issuer)

(sector as per GPW (Warsaw Stock

Exchange) classification)

81-537

Gdynia

(postal code)

(city/town)

Łużycka

8A

(street)

(number)

(0-58) 76 99 299

(0-58) 76 99 226

(phone)

(fax)

best@best.com.pl

www.best.com.pl

(e-mail)

(www)

585-00-11-412

190400344

Tax ID (NIP)

Statistical No. (REGON)

SIGNATURES OF THE PERSONS REPRESENTING THE COMPANY:

Date

Given name and surname

Position/Function

Signature

31/03/2021

Marek Kucner

Vice-President of the Management Board

31/03/2021

Aleksandra Żylewicz

Proxy

Attachments

Disclaimer

BEST SA published this content on 31 March 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 06 April 2021 10:13:02 UTC.