ProService Agent Transferowy Sp. z o.o. signed an agreement to acquire bookkeeping services business of Skarbiec Holding SA for PLN 0.2 million on January 21, 2016. ProService will pay consideration within 90 business days from the effective date of the agreement. ProService AT will become party, as the employer, to the existing employment contracts with employees (who provide bookkeeping services as part of the organised part of business). As from the date of transfer of the organized part of Skarbiec's business to ProService, ProService will assume all of the Skarbiec's rights and obligations connected with the conduct of the Organised Part of Skarbiec Holding's business, in particular the rights and obligations arising under the accounting services agreements and the licence agreements. The transaction is expected to close no later than on January 31, 2016.

ProService Agent Transferowy Sp. z o.o. completed the acquisition of bookkeeping services business of Skarbiec Holding SA on January 26, 2016. The condition precedent under the agreement was fulfilled with the delivery by Skarbiec Holding SA of a tax clearance certificate to ProService AT on January 26, 2016.