The Management Board of Mostostal Warszawa S.A. (‘the Company’) announces that on 13 January 2025 the Company concluded an agreement with the State Treasury - General Directorate for National Roads and Motorways (‘the Principal’) on the performance of the task entitled: ‘Design and construction of the S8 Wrocław - Kłodzko expressway, task 5 - section Niemcza junction (without junction) - Ząbkowice Śląskie Północ junction (with junction), length approximately 7.94 km’.

- Contract value: PLN 305.79 million gross,

- Completion date: 39 months from the date of conclusion of the contract. Winter periods (i.e. from 16 December to 15 March) are not included in the duration of the works. Winter periods (i.e. from 16 December to 15 March) are included in the design time.

- Payment period: up to 30 days from the date of delivery to the Contracting Authority of VAT invoices issued for the amounts certified in the Certificates of Payment.

- Warranty period: up to a maximum of 15 years for the works specified in the Contract.

- Performance bond: 10% of the gross contract amount in the form of a bank guarantee.

In the opinion of the Management Board, the concluded Agreement, due to its significant value, may have a potentially significant impact on the Company's future financial results.