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GENERAL MEETING

THE SUWARY SPÓŁKA AKCYJNA MANAGEMENT BOARD NOTICE OF CONVENING AN ORDINARY GENERAL MEETING OF SHAREHOLDERS TO BE HELD AT 1 PM, ON MARCH 8, 2017 IN PABIANICE, PIOTRA SKARGI 45/47

15.02.2017

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Current report 52/2010 Concluding two co-funding agreements under Action 4.3 Technology Credit Priority Axis 4 Investment in Innovative Ventures of the Operational Programme Innovative Economy 2007 – 2013

The Management Board of Suwary S.A. in Pabianice (“the Company”) informs that yesterday, i.e. on December 28th 2010, following the receipt from Bank Gospodarstwa Krajowego S.A. (“BGK) a notification of granting a Technology Credit Commitment and concluding agreements for a technology credit from BRE Bank S.A., of which the Company had informed in their current report 50/2010 dated December 20th 2010 for the projects: - implementation of the innovative technology of a special blow mould cooling system in plastic packaging production - implementation of a new technology for the production of plastic packaging for use in ex-zones the Company concluded separately two corresponding independent agreements with BGK for co-funding under Action 4.3 Technology Credit Priority Axis 4 Investment in Innovative Ventures of the Operational Programme Innovative Economy 2007 – 2013. - The subject of the first agreement is co-funding by BGK the Company’s project: innovative technology of a special blow mould cooling system in plastic packaging production. The total project implementation costs amount to PLN 3 521 500.0. The funds committed by the Company which are the Company’s deductible in the technology investment constitute 25% of the total project cost. Following the conclusion of the agreement the Company will be granted co-funding in the maximal amount of PLN 1 584 675.00, which is 60% of the total eligible expenditures covered by support, i.e. PLN 2 641 125.00. The amount of PLN 2 641 125.00 is an amount in which the technology credit described by the Company in its Current Report 50/2010 dated December 20th 2010 was contracted. The eligibility period for expenditures on the project commenced on December 16 the 2010 and it expires on March 31st 2013. - The subject of the other agreement is co-funding by BGK the Company’s project: the implementation of a new technology for the production of plastic packaging for use in ex-zones. The total project implementation costs amount to PLN 3 511 800.00. The funds committed by the Company which are the Company’s deductible in the technology investment constitute 25% of the total project cost. Following the conclusion of the agreement the Company will be granted co-funding in the maximal amount of PLN 1 580 310.00, which is 60% of the total eligible expenditures covered by support, i.e. PLN 2 633 850.00. The amount of PLN 2 633 850.00 is an amount in which the technology credit described by the Company in its Current Report 50/2010 dated December 20th 2010 was contracted. The eligibility period for expenditures on the project commenced on December 16 the 2010 and it expires on September 30th 2012. Blank bill of exchange and a blank bill of exchange agreement constitute a security for a proper execution of the agreements. The provisions of the two co-funding agreements under Action 4.3 Technology Credit Priority Axis 4 Investment in Innovative Ventures of the Operational Programme Innovative Economy 2007 – 2013 do not diverge from the standards applied. The agreements mentioned hereinabove are not significant agreements as defined in § 5 section 1 point 3 of the Minister’s of Finance regulation dated February 19th 2009 on current and periodic information reported by the issuers of securities and the conditions for recognizing as equivalent the information required by the laws of a non-member state (Journal of Laws 2009, No. 33 pos. 259 as amended).

2010-12-29

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