Grupa Pracuj S.A. — Capital/Financing Update 2022

Jun 14, 2022

Current report no. 11/2022

Dated 2022-06-14

Title: Conclusion by the Company of a facility agreement

Legal basis: Article 17 sec. 1 of MAR - confidential information

Content of the report:

The Management Board of Grupa Pracuj S.A. (the "Company") informs aboutconclusion on June 14, 2022 of a term loan facility agreement betweenthe Company as a borrower and BNP Paribas Bank Polska S.A., SantanderBank Polska S.A. and Powszechna Kasa Oszczędności Bank Polski S.A. aslenders (the "Banks") (the "Facility Agreement").

Based on the Facility Agreement the Banks undertook to make available tothe Company a term loan up to the amount of PLN 400,000,000.00 forfinancing of the general corporate purposes, including planned futureinvestments and further development of the Company. The Company will beable to draw down the loan within 6 months from the date of theexecution of the Facility Agreement. The parties set the final repaymentdate of the loan for June 14, 2027. The loan bears interest at variableinterest rate plus the Banks' margin.

The Company will be able to draw down on the loan once the standardconditions precedent for this type of financing are met.

The loan will be secured inter alia by: (i) Company's statement ofsubmission to enforcement, (ii) registered pledge over the collection ofassets of the Company, (iii) registered pledges over trademark anddomain (pracuj.pl) of the Company, (iv) registered and financial pledgesover bank accounts of the Company, (v) powers of attorney to bankaccounts.

The other terms of the Facility Agreement are standard for this type ofagreements.