RB 57/2018

Date: 21 June 2018

Subject: Loan agreement in Benefit Systems’ capital group

Legal basis:Art. 17 item 1 of MAR – confidential information

The Management Board of Benefit Systems S.A. with its registered office in Warsaw (the “Issuer”) informs that on 21 June the Issuer received a loan agreement dated 21 June 2018 ("Loan agreement"), concluded between the Issuer (“Lender”) and Fit Invest sp. z o.o. with its registered office in Warsaw ("Borrower"), in which the Issuer indirectly holds 100% stake, in the amount of PLN 5,0 million. As a result of this agreement the total value of loans concluded between the Lender and the Borrower in the last 12 months has reached PLN 44,9 million.

The loan amount may be distributed in tranches in accordance with the Borrower's needs. The interest rate on the loan is floating and was determined on market terms. The loan is to be repaid by 31 May 2024. The loan agreement does not include any conditions precedent, conditions subsequent and contractual penalties. Other terms of the Loan Agreement do not differ from those commonly used in this type of agreements.

The loan will enable the Borrower to finance its current operations, including those related to investments in the fitness segment.