AmRest Holdings S.E. — Capital/Financing Update 2021

Dec 14, 2021

RB 19/2021 Extension of Credit Agreement with Bank Polska Kasa OpiekiS.A., Powszechna Kasa Oszczędności Bank Polski S.A., ING Bank Śląski S.Aand _#268;esk_#225; spo_#345;itelna, a.s.;AmRest Holdings, SE ("AmRest" or the"Group",) pursuant to the provisions of Article 227 of the restated textof the Securities Market Law and related provisions, issues thefollowing statement of Other relevant information:; AmRest, AmRest Sp. zo.o. ("AmRest Poland") and AmRest s.r.o. ("AmRest Czech") - jointly "theBorrowers" and Bank Polska Kasa Opieki S.A., Powszechna KasaOszczędności Bank Polski S.A., ING Bank Śląski S.A and _#268;esk_#225; spo_#345;itelna,a.s. - jointly "the Lenders", has signed on 13 December 2021 anamendment no. 3 providing an extension of the Senior Term and RevolvingFacilities Agreement dated 5 October 2017, as amended and restatedthereafter ("the Credit Agreement"). After evaluating the differentfunding alternatives available, the Group has assessed that extendingthe maturity of the current credit facilities with the club banks is themost optimal option. The effectiveness of the amendment is subject tocertain conditions precedent which are standard in this type oftransactions.;Based on the extended Credit Agreement, the amounts of thefacilities A, B, E and F ("Credit facilities") are equal to theoutstanding amounts of Credit facilities, after the scheduled repaymentsin September 2020 and September 2021, this is EUR 352mln and PLN 464mln.The repayment schedule is 10% on each 30 September anniversary of thenext three years and the remaining amount on 31 December 2024. TheRevolving facility D is available in the amount of up to PLN 450mln anddue on December 31st, 2024.;Additionally, a new uncommitted creditfacility G, up to a maximum amount of EUR 100mln, has been agreed. Thepurpose is the financing of the general corporate purposes of AmRestGroup. All Borrowers bear joint liability for any obligations resultingfrom the Credit Agreement.;All the credit facilities are provided atvariable interest rate.;AmRest is required to maintain certain preIFRS16 ratios at agreed levels, in particular, net debt/EBITDA is to beheld below 3.5x and EBITDA/interest charge is to stay above 3.5.