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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 36/2015 Concluding a significant contract and establishing a pledge on assets of significant value

The Management Board of Suwary S.A., pursuant to § 5 section 1 items 1 and 3, and § 7 and 9 of the Regulation of the Minister of Finance of 19 February 2009 on current and periodic information provided by issuers of securities and on conditions under which information required by legal regulations of a third country may be recognised as equivalent, hereby informs that today, i.e. on 23 December 2015, a subsidiary of the issuer - Suwary Tech Spółka z ograniczoną odpowiedzialnością in Pabianice (the Pledger) concluded a registered pledge agreement with mLeasing Spółka z ograniczoną odpowiedzialnością with its registered seat in Warszawa (the Pledgee), establishing a registered pledge on movable items of specified identity, i.e. on two blow molding machines. The highest amount secured with the pledge is: 4,262,329.80 PLN (in words: four million two hundred sixty two thousand three hundred twenty nine 80/100 PLN) – in total for the pledges. The Parties have agreed that the value of the pledged assets as on the date of the agreement amounts to 5,865,298.88 (in words: five million eight hundred sixty five thousand two hundred ninety eight 88/100 PLN). The agreement was concluded in connection with the conclusion of the agreement for the loan of 3,800,009.84 PLN dated 21 December 2015, under which the Pledgee is a creditor, while the Pledger is a debtor. In order to secure the receivables of the Pledgee on account of the loan agreement, until the legally binding entry of the registered pledge is made in the register of pledges, the Pledger has established a pledge on the two blow molding machines to the benefit of the Pledgee on the basis of the provisions of the civil code.

The Agreement does not provide for any contractual penalties or conditions.

The amount of Suwary S.A.’s own capitals constitutes the criterion for considering the agreement to be significant.

The amount of Suwary S.A.’s own capitals constitutes the criterion for considering the aforesaid assets to be of significant value.

According to the Company’s knowledge, there are no connections between Suwary S.A., its subsidiary, persons managing or supervising Suwary S.A., its subsidiary and the Pledgee, to the benefit of whom the pledge was established, and the Pledgee’s management.

2015-12-23

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