With reference to the report No. 19/2023, the Management Board of Apator S.A. announces that on 25 September 2023 the Company has entered into an agreement with Energa-Operator SA ("EOP") for the “Successive supply of remote reading meters with replacement communication modems.”

The total value of the agreement is PLN 160.4 million.

Deliveries will be made within 36 months from the date of the conclusion of the agreement.

Pursuant to the provisions of the agreement, EOP shall be entitled to charge contractual penalties, in particular for delay in the deliveries of batches of equipment or failure to rectify defects in a timely manner during the guarantee period. However, the terms and conditions of the agreement, including the regulation of penalties, liabilities and guarantees, shall not differ from the standard terms and conditions previously used in this type of agreement with EOP.

Legal basis: Art. 17 sec. 1 of MAR