ELEKTROTIM S.A. company (hereinafter: the Company) informs that on May 13, 2022 it concluded a multi-product line agreement (Agreement) with Bank Millennium S.A.

Management Board of ELEKTROTIM S.A. (hereinafter: the Company), informs that on April 28, 2022, the Management Board of the Company, acting pursuant to Art. 382 § 3 of the Commercial Companies Code, assessed the Board of Director's application regarding the distribution of profit, according to which the Management Board requests that the entire net profit for 2021 be allocated to reserve capital.

ELEKTROTIM S.A. company informs that on April 7, 2022, it obtained a package of nine advance payment refund guarantees. The guarantees in question are the advance payment refund guarantees to secure the claims of the State Treasury - Commander in Chief of the Border Guard against the Company under the contract concluded on March 24, 2022 between ELEKTROTIM and the Beneficiary, the subject of which is the design and construction of an electronic barrier along with the accompanying infrastructure on the Polish-Belarusian border, on the section of the Podlasie Border Guard Unit.

Company ELEKTROTIM S.A. based in Wrocław informs that on March 24, 2022 it concluded with the Exchequer - Commander in Chief of the Border Guard a contract for the design and construction of an electronic barrier along with accompanying infrastructure at the 202 km section of the border. The task is carried out in the "design and build" formula.