Legal basis
The Article 17 item 1 of the MAR – confidential information.

Current report No. 2 / 2020

The Board of Directors of the Zakład Budowy Maszyn “ZREMB-CHOJNICE” S.A. (Joint Stock Company) with its registered office in Chojnice (“Issuer”), with reference to the current report No. 47/2019 as of September 2, 2019, informs that since September 3, 2019, until January 23, 2020, it has received from a company operating on the Polish market the next purchase orders for manufacturing the housing elements to be used as covering elements for control cabinets in high-duty oil / fuel systems supplying fuel to various types of turbines, compressors and high-pressure drives, for the total value of PLN 644,487.50

The lead times for individual purchase orders are set successively until the end of June 2020.

The purchase orders processing provides for the possibility of contractual penal action in an amount not exceeding 0.5% of the net value of any purchase order for each day of the non-fulfilment of obligations agreed in the purchase order confirmation.

Any other detailed purchase order conditions and associated risks does not differ from those commonly used on the market for this kind of purchase orders.

The information about received purchase orders has been considered important for the Company due to the continuation of existing cooperation with the Customer as part of purchase order processing in a new area, the value of received purchase orders, and the possible prospect of further cooperation with the processing the next orders.

SIGNATURES OF PERSONS ACTING ON BEHALF OF THE COMPANY
Date Name and Surname Position/Function Signature
2020-01-23 Krzysztof Kosiorek-Sobolewski Chairman of the Management Board
2020-01-23 Marcin Garus Deputy Chairman of the Management Board