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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 8/2012 Concluding a significant contract

The Suwary S.A. Management Board inform that today the Company has received a significant contract signed by Orlen Oil Sp z o.o. with its registered office in Kraków (“Customer”). The subject of the agreement is the manufacturing and supplying by Suwary S.A. of 5 L plastic packaging including caps. The agreement has been in force since September 2011. In accordance with the estimated order volumes the total value of the two-year contract shall exceed PLN 13.5 million. The contract provides for stipulated penalties, which may exceed 10% of the contract value in the following cases: - the non-performance of a delivery within the fixed period – PLN 2000 for each day of the delay - untimely removal of defects – PLN 1000 for each day of the delay - marketing the Customer’s packaging – PLN 1000 000 - unlawful use of the Customer’s trade marks – PLN 600 000 - if the amount of the above-mentioned stipulated penalties does not cover the damage amount, the Customer has a right to seek supplemental damages pursuant to the Civil Code. The remaining terms and conditions of the agreement are not different from the adopted market standards applicable to this type of agreements. The criterion for recognizing the agreement as a significant one is the amount of Suwary S.A. equity.

2012-03-21

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