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Kruk S.A. Capital/Financing Update 2023

Apr 26, 2023

5678_rns_2023-04-26_46950fe6-c9c5-4204-92c7-19731737c16c.html

Capital/Financing Update

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Current report No: 33/2023

Date: April 25th 2023

Subject: Resolution of Management Board on issue of bonds under bondissue framework in EUR

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

Text of the report:

Further to Current Report No. 26/2023 of March 13th 2023 on the launchof the bond issue framework in EUR (the "Framework"), the ManagementBoard of KRUK S.A. (the "Issuer", "Company") announces that on April25th 2023 it passed a resolution on the first issue of senior unsecuredbonds in EUR under Swedish law (the "Bonds").

The interest rate of the Bonds shall be a floating rate of 3 monthsEURIBOR plus a margin of 6,5 percentage points per annum.

The Bonds will be redeemed at maturity, falling 60 months after theissue date.

The issue comprised up to 1,500 Bonds, offered at an issue price equalto the their nominal value of EUR 100,000 per Bond, with an aggregatenominal value of up to EUR 150m. The offer was accepted by Investors.The Bonds will exist in book-entry form. The Issuer will apply forlisting of the Bonds on the Nasdaq Stockholm regulated market in Sweden.