The Management Board of Mostostal Warszawa S.A. ("Company") informs that on 8 April 2019 the Company concluded with Przedsiębiorstwo Komunikacji Miejskiej Sp. z o.o. ("Employer") the contract for the implementation of the task "Comprehensive modernization of the bus depot of Przedsiębiorstwo Komunikacji Miejskiej Sp. Z o.o. Tychy at Towarowa 1 Street in Tychy - the second procedure".

Contract parameters:

• Contract value: PLN 58.20 million gross,

• Implementation period: 13 months,

• Payment terms: 30 days from the date of invoice issued and submitted to the Employer,

• The warranty period is - 60 months for construction works, 36 months for delivery, as counted from the final acceptance date,

• Due performance security: 10% of the contract value PLN 5.82 million gross 10% of the total price specified in the Offer.

Legal basis:

Article 17 paragraph 1 MAR - confidential information