RB 36/2016

Date: 16 May 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 16 May 2018 a loan agreement ("Loan agreement") was concluded between the Issuer (“Lender”) and the company under Fitness Place s. r. o. with its registered office in Prague ("Borrower"), in which the Issuer indirectly holds 100% stake, in the amount of CZK 7 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 32 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 December 2022. 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.