Poland – Credit granting services – Udzielenie i obsługa kredytu bankowego długoterminowego złotówkowego w kwocie 3 800 000,00 zł. (słownie: trzy miliony osiemset tysięcy złotych 00/100) na finansowanie: 1. planowanego deficytu budżetu gminy w kwocie 2 398 000,00 zł. 2. Na spłatę wcześniej zaciągniętych zobowiązań w kwocie 1 402 000,00 zł.

The grant and servicing of a long-term zloty-denominated bank loan in the amount of 3,800,000.00 zł (in words: three million eight hundred thousand 00/100) for financing:

1. the planned budget deficit of the municipality in the amount of 2,398,000.00 zł

2. the repayment of previously incurred liabilities in the amount of 1,402,000.00 zł.

The contractor will make the loan available to the contracting authority immediately upon conclusion of the contract, but no later than by 30.12.2026. The loan will be repaid in the years 2027-2040. The loan interest rate will be variable and will be set according to the average WIBOR 3M rate increased by a fixed margin for the duration of the loan. The contractor will not charge a commission for the loan disbursement. The average WIBOR 3M rate will be set as the monthly arithmetic average of the daily rates applicable in the month preceding the period for which interest will be calculated. The loan interest rate will be set on the last business day of each month and will be effective for the entire following month. Interest on the utilised loan will be calculated on a monthly basis and collected on a quarterly basis by the 15th of the month following the end of the quarter, with the repayment of the last instalment of interest taking place on the date of the repayment of the last instalment. The utilisation of the loan made available by the Bank will take place in the form of a loan transfer to an account indicated by the borrower, based on the borrower's instructions submitted to the bank one day before the loan disbursement. The contracting authority reserves the right to utilise the loan in a lesser amount, which will result in a reduction in the capital instalments in proportion to the loan utilisation. In such a case, the loan repayment schedule will be amended by agreement with the bank in the form of an annex to the contract. The contracting authority reserves the right to early repayment of part or all of the loan without incurring additional charges, and interest will only be calculated on the amount of the outstanding debt remaining to be repaid. The contracting authority reserves the right to renegotiate the amounts and the repayment terms of the capital instalments. The loan will be secured by a blank promissory note together with a promissory note declaration. The contracting authority will not submit a declaration of submission to enforcement in accordance with Article 777(1)(5) of the Civil Code. The contracting authority declares that it is a reliable Client and will meet its incurred liabilities on time. In the past cooperation with Banks maintaining credit and basic accounts, there have been no enforcement or administrative actions. The contracting authority does not have off-balance-sheet liabilities, liabilities to related parties, arrears to the Tax Office and the Social Insurance Institution. The contracting authority has not provided guarantees and sureties and does not utilise debt factoring. The contracting authority has not been an issuer of debt securities. The contracting authority does not utilise leasing, factoring, forfaiting. The contracting authority does not have any other liabilities as those listed in the RB-Z report, and we do not have any outstanding liabilities to banks. The contracting authority has not conducted a restructuring programme and does not intend to implement one under the Act of 27 August 2009 on Public Finances. The contractor selected to implement the contract is obliged to submit to the contracting authority a draft contract within the deadline set by the contracting authority. After the draft contract has been accepted by the contracting authority, the contract will be concluded within the deadline set by the contracting authority. The loan will be repaid in twenty-five instalments on the following dates and amounts:

1. 30.06.2027 – 50,000.00 zł;

2. 30.06.2028 – 50,000.00 zł;

3. 31.03.2029 – 200,000.00 zł;

4. 30.06.2030 – 200,000.00 zł;

5. 30.06.2031 – 100,000.00 zł;

6. 31.12.2031 – 200,000.00 zł;

7. 31.03.2032 – 200,000.00 zł;

8. 30.06.2033 – 200,000.00 zł;

9. 31.12.2034 – 200,000.00 zł;

10. 31.03.2035 – 100,000.00 zł;

11. 31.12.2035 – 100,000.00 zł;

12. 30.06.2036 – 300,000.00 zł;

13. 30.06.2037 – 200,000.00 zł;

14. 31.12.2037 – 200,000.00 zł;

15. 30.06.2038 – 300,000.00 zł;

16. 30.09.2038 – 100,000.00 zł;

17. 31.12.2038 – 100,000.00 zł;

18. 31.03.2039 - 100,000.00 zł;

19. 30.06.2039 – 100,000.00 zł;

20. 30.09.2039 – 150,000.00 zł;

21. 31.12.2039 – 100,000.00 zł;

22. 31.03.2040 – 100,000.00 zł;

23. 30.06.2040 – 100,000.00 zł;

24. 30.09.2040 – 100,000.00 zł;

25. 31.12.2040 – 2