With reference to the current report No. 13/2017 informing about the conclusion by the consortium of companies (Consortium) of UNIBEP SA (Consortium Leader, Issuer, Company) and Most Sp. z o.o., (Member of the Consortium) with the Podlaskie Voivodeship, i.e. Podlaskie Voivodeship Road Authority in Białystok (Ordering Party) of an agreement (Agreement) for implementation of the investment called "Construction and extension of the provincial road No. 673 with road engineering facilities and the necessary technical infrastructure along the Dąbrowa Białostocka - Sokółka section, including bypasses of towns and villages" (Investment); current report No. 14/2018 on Consortium's withdrawal from the Agreement participated by the Issuer; and the current report No. 20/2018, informing about the submission by the Ordering Party of a declaration of withdrawal from the Agreement. As well as, with reference to information on the events related to the dispute between the Consortium and the Ordering Party presented on the basis of subsequent periodic reports for the reporting periods in 2018-2019, including in particular, annual reports for 2018 and 2019, the Management Board of UNIBEP SA informs about the receipt on 14 August 2020 of information about the submission by the Ordering Party to the competent court of a pleading extending the claim, under which the Ordering Party demands the Issuer to pay the contractual penalty in the amount  of approx. PLN 8.3 million for withdrawal from the Agreement, with a demand for additional compensation on behalf of the Ordering Party exceeding, in the Ordering Party's opinion, the value of the above-mentioned contractual penalty, i.e. an amount of approx. PLN 104 million. As of the date of this current report, the Issuer has been waiting for the delivery of the above pleading by the Court.

Attachments:

Rb_42_2020.pdf