Management Board of Mostostal Warszawa S.A. ("Company") informs that on 31 March 2020 the Company was notified by the General Directorate for Roads and Motorways Branch in Warsaw (GDDKIA) about the selection of the most advantageous offer of Mostostal Warszawa S.A. in the proceedings entitled: "Design and construction of the S7 expressway on the section Płońsk-Czosnów, Section II from the "Załuski" interchange (with node) to Modlin node (without interchange)"

The offer submitted by Mostostal Warszawa S.A. includes:

• Contract value: PLN 635.06 million gross.
• Completion date: 45 months.
• Payment deadline: 30 days from the date of invoice receipt.
• The maximum warranty period is 10 years.
• Performance bond: 10 % of the contract value.

The decision on the selection of the most advantages offer is subject to appeal, which may be lodged within 10 days of the date on which the circumstances giving rise to the decision were known or could be ascertained.