Position of the Issuer’s Management Board regarding rumors of alleged deterioration of the Issuer’s subsidiary status.

Position of the Issuer’s Management Board regarding rumors of alleged deterioration of the Issuer’s subsidiary status.

Today, the Management Board of Poznańska Korporacja Budowlana Pekabex S.A. _ “Issuer” _ received information that it was rumored that a report released to clients by Coface Poland _ “Coface” informs that a customer of Pekabex had filed for bankruptcy of Pekabex Bet S.A._100% subsidiary of the Issuer and the alleged financial deterioration of Pekabex Bet S.A. from this title.

As a result of the verification of this information, it was found that the request was indeed made by the former contractor of Pekabex but was submitted in bad faith, without any formal or substantive grounds. The application has not been paid or contains annexes and therefore has no legal effect. It should also be added that the size of the amounts indicated in the application is PLN 75 667.87, which with the monthly turnover of Pekabex at about 50 million does not meet any material criteria, these amounts have already been settled or not yet due. The contractor who submitted the application was a dispute which was concluded with the signing of an agreement and the imposition of a contractual penalty of PLN 90 thousand on the contractor. The penalty was recognized by this contractor.

By publishing this information, Coface did not verify the above information and therefore the Issuer requested Coface to provide immediate clarification in this regard, subjecting it to possible further legal steps. The issuer makes this fact available to the public in the form of a current report to clarify and cut any rumors and rumors related to the publication.

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