1.The subject of the contract is the service of granting a long-term loan in the amount of PLN 34,000,000.

2.The long-term loan is planned to be taken out in the fourth quarter of 2022 with an expected repayment date in the years 2023 – 2030 (i.e. for a period of 8 years) monthly repayments starting from January 2023.

3.Funds in the amount of PLN 34,000,000 are planned to be allocated to:

a) financing the planned budget deficit in the amount of PLN 22 975 000.00,

b) covering liabilities planned in the budget expenditures due to repayment of loan installments and bonds issued in previous years in the amount of PLN 11,025,000.00,

4.The loan will be mobilised in tranches of different amounts in the fourth quarter of 2022.

5.Collateral for the loan: blank promissory note with a declaration, countersigned by the City Treasurer.

1. The loan funds will be released after obtaining the collateral (referred to in point II.1.4) point 5 and after submitting a positive opinion of the Regional Chamber of Accounts on the possibility of repayment of the loan, at the written request of the Ordering Party on the basis of a separate instruction, in the form of a transfer to the account indicated by the Ordering Party. If the Ordering Party does not submit a separate application for the launch of the loan tranche, the contract is terminated, and the Contractor will not pursue any claims in this respect against the Ordering Party, nor will it charge any fees and commissions in this respect.

2. The credit funds are released in whole or in part of the credit placed at the disposal of the Ordering Party, depending on his instructions and on the date indicated by him.

3.The Contractor shall not charge any fees or commissions except those referred to in the specification.

4. The bank margin is fixed throughout the duration of the contract and constitutes the Contractor's remuneration for the loan granting service. The Contractor may not charge any other additional fees or commissions. The margin is expressed in p.p. and is added to the WIBOR 1M rate. Interest will be charged on the loan actually used and not placed at the disposal of the Ordering Party.

5. The loan bears interest at variable interest rates applied by the Contractor in the periods for which interest is calculated according to the rules set out below:

(a)the interest rate on the credit used shall be calculated at the WIBOR 1M variable rate for one-month deposits plus a fixed margin;

(b)the WIBOR rate shall be determined monthly as the arithmetic mean of the WIBOR rate for one-month deposits established for the preceding calendar month. Where the base rate is negative, the base rate shall be 0,00 %;

c) interest on the credit used shall be calculated on a monthly basis and shall become due to the Contractor on the last day of the month of the interest period concerned, and in the case of its full repayment on the date of its repayment. If the repayment date falls on a public holiday or which is not a working day for the Ordering Party, the repayment will take place the day before;

(d)when accruing interest, the month shall be deemed to have the actual number of calendar days and the year to have 365 days.

6. The Ordering Party undertakes to pay interest on the credit used - without prior request from the Contractor.

7. The Contractor shall inform the Ordering Party about the amount of accrued interest due for repayment, each month no later than 10 days before the date of their payment. Information on the amount of interest shall be prepared by the Contractor in writing and sent electronically to the indicated e-mail addresses.

8. Repayment of interest accrued and due to the Contractor for a given monthly interest period will be made in the form of a transfer on payment dates, i.e. by the last day of the month to the credit service account belonging to the Contractor.

9.The loan will be repaid monthly in 96 unequal installments (subject to point 11).

10.Za the date of repayment of the receivables shall be considered as the date of recognition of the amount paid by the account indicated by the Contractor or the date of payment at the Contractor's cash desk. If the repayment date falls on a public holiday or not a working day for the Ordering Party, the repayment will take place the day before.

11. The Ordering Party has the right to make an early repayment of the loan or its part. The Ordering Party shall notify the Contractor about early repayment of the loan 7 calendar days in advance. The Contractor may not charge any fees for early repayment of the loan or part of it

12.Ca the subject of the contract is described in the specifications.