Answear.com S.A. — Capital/Financing Update 2021

Nov 15, 2021

The Management Board ofAnswear.com SA (hereinafter: "Company") informs that on 13thofNovember2021 the Company concluded with Bank Handlowy w Warszawie SA a FrameworkAgreement for Revolving Credit Line (hereinafter: "Framework Agreement")for the following products:

- trade loan facility for thepurpose of financing the Company's liabilities to suppliers,-short-term bank guarantees,-import letters of credit with the possibility of rollover

and the Framework Agreement forthe Trade Loan Facility within the aforementioned Framework Agreement.

The total amount of credit limitgranted for the Company is PLN 15,000,000. The Framework Agreement hasbeen concluded for the period ended 30thof September 2022.TheCompany has agreed to make a statement on submission to executionpursuant to Article 777 § 1 point 5 of the Code of Civil Procedure, inthe form of a notarial deed, up to the amount of PLN 18,000,000.

Moreover, the Company is obligedto maintain quarterly inflows, directly from its business partners atthe minimum value being proportional to Bank Handlowy's stake in theCompany's financing when compared to other financing banks, but not lessthan PLN 10,000,000 and until the moment of full repayment of creditline.