Kruk S.A. — Capital/Financing Update 2021

Jun 28, 2021

Current Report No. 31/2021

Date: June 28th 2021

Subject: Bond allotment under First Bond Issue Programme withoutProspectus

Legal basis: Art. 17(1) of MAR - Inside information

Text of the report:

Further to Current Report No. 28/2021 of June 17th 2021 on the issue ofbonds under the First Bond Issue Programme without a Prospectus, theManagement Board of KRUK S.A. (the "Company") announces that on June28th 2021 it was notified that the issue of Series AL1 unsecured bearerbonds (the "Bonds") was paid up in full. Based on the notification, theCompany's Management Board concluded that the Bond issue was successfuland that 330.000 Bonds had been finally allotted, each with a nominalvalue equal to the issue price of PLN 1,000, with a total valueamounting to PLN 330m. The interest rate on the Bonds was set at 3MWIBOR plus 3.7 pp per year. The bonds have been recorded in the registermaintained by the issue agent within the meaning of Art. 7a.1 of the Acton Trading in Financial Instruments of July 29th 2005, with Bank PolskaKasa Opieki S.A. acting as the issue agent. In accordance with theapplicable regulations, the Bonds will be registered in the depositorymaintained by the Central Securities Depository of Poland.