RB 9/2018 
Date: 16 February 2018
Subject: Loan agreement within Benefit Systems Capital Group
Legal basis: Art. 17 item 1 MAR – inside information

The management of Benefit Systems S.A., with its registered seat in Warsaw (hereinafter the ‘Issuer’) informs that on 16 February 2018, a loan agreement (hereinafter ‘Loan agreement’) was concluded between the Issuer (hereinafter ‘Lender’) and Fit Invest sp. z o.o., with its registered seat in Warsaw (hereinafter ‘Borrower’), in which the Issuer indirectly holds a 100% stake, in the amount of PLN 19 500 000. As  result of the Loan Agreement, the total value of loan agreements concluded between the Lender and the Borrower in the last 12 months reached PLN 79 278 800.

The loan amount will be paid in tranches, according to the Borrower's needs. The interest rate on the loan is floating and has been determined on market terms. The loan amount is to be repaid by 31 October 2028. The Loan Agreement does not contain any conditions precedent, conditions subsequent and contractual penalties. The other terms and conditions of the Loan Agreement do not differ from those commonly used in in this type of agreements.

The loan is to enable the Borrower to pay for the shares of Zdrofit sp. z o.o. with its registered seat in Warsaw (hereinafter ‘Zdrofit’), in line with the agreements for the sale of shares in Zdrofit signed on 30 January 2018 by the Issuer, the Borrower and Mr. Jakub Raniszewski, Mr. Przemysław Szczęsny, Mr. Kamil Wróblewski, Ms. Aneta Katarzyna Warsinska, Ms. Monika Bronikowska, Mr. Daniel Tomasz Smajek, and Mr. Rafał Ludwik Klimczewski, shareholders of Zdrofit, as reported by the Issuer in Current Report No. 6/2018 of 30 January 2018.