Rafako S A : CR 3/2021 Court approval of arrangement made under RAFAKO’s simplified restructuring procedure 13 january 2021

CURRENT REPORT FILED WITH THE

POLISH FINANCIAL SUPERVISION AUTHORITY

IN WARSAW

DATE: January 13th 2021

Subject:Court approval of arrangement made under RAFAKO's simplified restructuring procedure [Current Report No. 3/2021]

Text of the report:

Further to Current Report No. 44/2020 of September 2nd 2020 announcing that a procedure to approve the arrangement had been opened and an application had been submitted to Monitor Sądowy i Gospodarczy in order to announce the opening of the procedure to approve the arrangement made under the Restructuring Law of May 15th 2015 (the "Restructuring Law"), as amended by the Act of June 19th 2020 on subsidies for interest payments on bank loans granted to businesses affected by the COVID-19 situation and on simplified procedure to approve arrangements due to COVID-19, Current Report No. 63/2020 of December 10th 2020 announcing the holding of a meeting of the Company's creditors which had approved the arrangement, and Current Report No. 67/2020 of December 30th 2020 announcing the submission by the Company to the District Court of Gliwice, 12th Commercial Division, of an application for court approval of the arrangement made under the simplified restructuring procedure, the Management Board of RAFAKO S.A w restrukturyzacji (in restructuring) (the "Company") hereby announces that on the date of this report the Company was notified orally, via a telephone call, by the secretary office of the District Court in Gliwice, 12th Commercial Division, that the Court had issued a decision to approve the arrangement made under the simplified restructuring procedure pursuant to Art. 223.1 of the Restructuring Law. The decision is not yet final.

Legal basis:

Art. 17.1 of the Market Abuse Regulation - inside information.

Mariusz Zawisza, President of the Management Board

Ewa Porzucek, Vice President of the Management Board