The company ELEKTROTIM S.A. notifies about the correction of the forecast of the financial results of ELEKTROTIM S.A. and the ELEKTROTIM S.A. Capital Group for the year 2020.

The Board of ELEKTROTIM S.A. informs that on 01.10.2020 it received another Annexe to the Framework Agreement of 25.08.2015 (“the Agreement”) signed by mBank S.A. with its seat in Warszawa (“the Bank”); the subject of the Agreement is using by ELEKTROTIM S.A. the guarantees granted by the Bank as part of the provided Line for guarantees (date of the Annexe: 30.09.2020). The Company informed about the conclusion of the Agreement with a Current Report No. 52/2015 of 01.09.2015.

Acting pursuant to Articles 128 and 129 of the Act of 11.05.2017 on auditors, audit firms, and public supervision (Dz.U. of 2020, item 1415, consolidated text) and paragraph 19 section  8 of the Articles of Association of ELEKTROTIM S.A. in relation to the expiry on 30.06.2020 and in relation to the change of the composition of the Supervisory Board and appointing on 28.07.2020 by the Extraordinary General Meeting of Shareholders of ELEKTROTIM S.A. the new Members of the Supervisory Board.

The Board of ELEKTROTIM S.A. informs about the change of the publication of the consolidated and individual semi-annual report of ELEKTROTIM S.A. and the Group of Companies for the first six months of 2020.