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

The Board of Directors of the Zakład Budowy Maszyn “ZREMB-CHOJNICE” S.A. (Joint Stock Company) with its registered office in Chojnice (“Issuer”, “Company”) informs that on October 1, 2020, it received an order from an entity operating on the Polish market for designing and manufacturing some specialized steel frames being built of European or Imperial profiles that are a base of an auxiliary lubrication system or lubrication modules that will be used on the Australian continent, for a total value of PLN 602,700.00. The order requires that the materials must be new-designed from imperial dimensions and series (inches) to their European counterparts.

The deadline for the execution of individual batches of this purchase order was set successively from November 2020 to February 28, 2021.

The purchase order processing provides for the possibility of contractual penal action in an amount that not exceeds 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 conditions of this purchase order and risks associated with it does not differ from those commonly used on the market for this kind of purchase orders.

The information about this purchase order was considered as to be important for the Issuer, due to the receipt of a purchase order in the segment and geographical area where our Company has not been operating so far, as well as due to possible expectancies for further cooperation in processing more such purchase orders.

SIGNATURES OF PERSONS ACTING ON BEHALF OF THE COMPANY
Date Name and Surname Position/Function Signature
2020-10-01 Krzysztof Kosiorek-Sobolewski Chairman of the Management Board
2020-10-01 Marcin Garus Deputy Chairman of the Management Board