The Management Board of Comarch S.A. announces that on the 30th of June, 2020 Comarch S.A. signed a non-revolving credit agreement with CaixaBank, S.A. branch in Poland with its registered office in Warsaw (hereinafter: "the Bank") to finance general corporate expenditures. The credit amounts to EUR 2,300,000.00, i.e. PLN 10,271,800.00  according to the euro exchange rate as of the date of signing the agreement. The crediting period lasts until the 30th of June, 2025, the interest rate on the credit is based on the variable rate. The credit should be used until the 30th of June, 2021. The credit collaterals:
a) power of attorney granted to the Bank by Comarch S.A. to dispose of funds on settlement accounts operated by the Bank;
b) statement by Comarch S.A. on submission to enforcement up to 150% of the credit amount.