Dino Polska S.A.

Capital/Financing Update • Dec 14, 2021

Current Report No. 12/2021 - Execution of credit facilities by DinoPolska and a subsidiaries

Body of the report:

The Management Board of "DINO POLSKA" S.A. ("Company") reports thattoday, i.e. 14 December 2021 three investment loan agreements wereexecuted ("Loans"): i) between the Company and Powszechna KasaOszczędności Bank Polski Spółka Akcyjna with its registered office inWarsaw, ul. Puławska 15 ("PKO BP SA") for an amount of PLN 170 million;ii) between Centrum Wynajmu Nieruchomości Sp. z o.o. ("CWN"), a Companysubsidiary and PKO BP SA for an amount of PLN 91 million; and iii)between Centrum Wynajmu Nieruchomości 1 S.A. ("CWN1"), a Companysubsidiary and PKO BP SA for an amount of PLN 91 million ("Agreements").

The total value of the Loans is PLN 352 million. These Agreements havebeen signed to finance the ongoing network rollout of stores run by theCompany under the Dino brand and its logistics base.

These Loans were extended in the Polish currency for a period from 3January 2022 to 2 July 2025.

The interest on the Loans will be set using a a floating interest rateequal to the WIBOR 3M reference rate plus PKO BP SA's margin.

The collateral for the Loans is as follows:

-contractual mortgages: i) up to PLN 255 million on real estate owned bythe Company developed with the Company's stores; ii) up to PLN 136.5million on real estate owned by CWN developed with warehouses; up to PLN136.5 million on real estate owned by CWN1 developed with warehouses;

-transfer of cash accounts receivable from insurance agreements for thereal estate forming the collateral;

-in respect of the agreement signed by CWN and CWN1 a surety under civillaw issued by the Company.

The Company's Management Board has made the decision to publish theaforementioned information on account of the material total value of theAgreements.

Legal basis: Article 17 Section 1 of Regulation (EC) No 596/2014 of theEuropean Parliament and of the Council 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 2004/72/EC - confidential information