GPW - Giełda Papierów Wartościowych w Warszawie S.A.

Related Party Transaction • Oct 11, 2022

Current Report No. 25/2022Date: 11 October 2022Topic:Granting of a revolving loan of up to PLN 100 million to Towarowa GiełdaEnergii S.A.Legal basis: Article 17(1) MAR - inside informationContent:TheManagement Board of the Warsaw Stock Exchange ("GPW", "Company","Exchange") announces that on 11 October 2022, GPW entered into anagreement with a related party, Towarowa Giełda Energii S.A. ("TGE"),whereby GPW shall grant TGE a revolving loan of up to PLN 100 million(in words: one hundred million zloty).The loan shall be granted inPLN. The interest rate on the loan is variable and equal to the baseinterest rate WIBOR O/N plus a margin. The loan shall be repaid by 30September 2023 (with the option of an extension for a further period,but no longer than 30 September 2024) depending on the situation on theinternational electricity market and the liquidity needs of TGE.TGEcan use the loan funds to the extent that the market situation requires.The loan is intended to finance VAT on settlements in the internationalelectricity market.100% of the shares of TGE are held by theWarsaw Stock Exchange. TGE is part of the GPW Group.Legal basis:Article 17(1) of Regulation (EU) No. 596/2014 of the European Parliamentand of the Council of 16 April 2014 on market abuse (market abuseregulation) and repealing Directive 2003/6/EC of the European Parliamentand of the Council and Commission Directives 2003/124/EC, 2003/125/ECand 2004/82/EC (Official Journal L No. 173) ("MAR").