RB: 5/2025
Date: 23 January 2025
Information on the establishment of a bond program and the contemplated bond issue
Legal basis: Art. 17 item 1 of MAR – inside information

Text of the report:

The Management Board of Benefit Systems S.A. (the “Issuer”, “Company”) hereby informs about establishing of a bond issuance programme (the “Programme”), under which the Issuer will be allowed to undertake multiple bond issues up to maximum joint nominal amount issued under the Programme and not redeemed up to PLN 1,000,000,000 (one billion zloty) in a period. The establishment of the Programme was approved by the Supervisory Board of the Issuer.
The Programme was established on the basis of a programme agreement signed by the Issuer, Bank Polska Kasa Opieki S.A. and Santander Bank Polska S.A. on 23 January 2025 (the “Programme Agreement”). According to the Programme Agreement, bonds can be issued under the Programme for an indefinite period.
At the same time, the Issuer informs that it is considering starting work on the first bond offering under the Program addressed to qualified investors in the first half of 2025. The Company's final decision on the issue and its detailed terms and conditions will be made at the stage of adoption of relevant resolutions by the Company's Management Board . The Issuer will inform about the adoption of possible resolutions in this regard in a separate current report.