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

The Board of Directors of Zakład Budowy Maszyn “ZREMB-CHOJNICE” S.A. (Joint Stock Company) (“Issuer”, “Company”), with reference to the current report No. 59/2019 of December 13, 2019, informs that on July 28, 2020 it was informed on the issuance by the District Court in Chojnice, 5th Land Registry Division on July 2, 2020, a decision in the case DZ.KW./SL1C/00003049/20 regarding a change in the amount of security in the form of a mortgage established on a property belonging to the Issuer as security for a loan granted to Navimor-Invest S.A. (Joint Stock Company) by the Bank Handlowy w Warszawie S.A. (“Bank”) based on a credit agreement in current account as of July 11, 2014, as amended, as amended, from PLN 2,000,000.00 to PLN 600,000.00 and on deletion of the Bank’s receivables under promissory notes. The above changes to the mortgage and the deletion of receivables from promissory notes were made on the basis of the declaration by the Bank Handlowy w Warszawie S.A.

SIGNATURES OF PERSONS ACTING ON BEHALF OF THE COMPANY
Date Name and Surname Position/Function Signature
2020-07-28 Krzysztof Kosiorek-Sobolewski Chairman of the Management Board
2020-07-28 Marcin Garus Deputy Chairman of the Management Board