Subject of the contract: granting the Bieliny Commune a long-term loan for a total amount of PLN 16,732,000.00 (in words: sixteen million seven hundred thirty two thousand 00/100) to finance the planned budget deficit and repayment of liabilities due to previously incurred loans

1. Subject of the contract: granting the Bieliny Commune a long-term loan for a total amount

PLN 16,732,000.00 (in words: sixteen million seven hundred thirty-two thousand 00/100) to finance the planned budget deficit and repayment of liabilities due to previously taken loans

2. Expected loan repayment date: 30 September 2046.

3. The loan will be repaid in quarterly installments payable by the last day of the month closing the quarter.

If the repayment date falls on a Saturday or a public holiday, the repayment date is considered to be the next business day after that day.

4. Interest shall be paid in monthly instalments payable by the last day of each calendar month. If the repayment date falls on a Saturday or a public holiday, the repayment date is considered to be the next business day after that day.

5. Planned loan repayments:

LP. Term Installment size LP. Term Installment size

1 2024-03-31 zł75,000.00 47,2035-09-30 zł162,000.00

2 2024-06-30 zł75,000.00 48 2035-12-31 zł162,000.00

3 2024-09-30 zł75,000.00 49 2036-03-31 zł162,000.00

4 2024-12-31 zł75,000.00 50 2036-06-30 zł162,000.00

5 2025-03-31 zł50,000.00 51 2036-09-30 zł162,000.00

6 2025-06-30 zł50,000.00 52,2036-12-31,162,000.00 PLN

7 2025-09-30 zł50,000.00 53 2037-03-31 zł162,000.00

8 2025-12-31 zł50,000.00 54 2037-06-30 zł162,000.00

9 2026-03-31 zł50,000.00 55 2037-09-30 zł162,000.00

10 2026-06-30 zł50,000.00 56 2037-12-31 zł162,000.00

11 2026-09-30 zł50,000.00 57,2038-03-31,162,000.00 PLN

12 2026-12-31 zł50,000.00 58 2038-06-30 zł162,000.00

13 2027-03-31 zł50,000.00 59 2038-09-30 zł162,000.00

14 2027-06-30 zł50,000.00 60 2038-12-31 zł162,000.00

15 2027-09-30 zł50,000.00 61 2039-03-31 zł300,000.00

16 2027-12-31 zł50,000.00 62 2039-06-30 zł300,000.00

17 2028-03-31 zł50,000.00 63 2039-09-30 zł300,000.00

18 2028-06-30 zł50,000.00 64 2039-12-31 zł300,000.00

19 2028-09-30 zł50,000.00 65 2040-03-31 zł300,000.00

20 2028-12-31 zł50,000.00 66 2040-06-30 zł300,000.00

21 2029-03-31 zł135,000.00 67 2040-09-30 300,000.00 PLN

22 2029-06-30 zł135,000.00 68 2040-12-31 zł300,000.00

23 2029-09-30 zł135,000.00 69 2041-03-31 zł300,000.00

24 2029-12-31 zł135,000.00 70 2041-06-30 zł300,000.00

25 2030-03-31 148 500,00 PLN 71 2041-09-30 300 000,00 PLN

26 2030-06-30 zł148,500.00 72,2041-12-31,300,000.00 PLN

27 2030-09-30 zł148,500.00 73,2042-03-31,300,000.00 PLN

28 2030-12-31 zł148,500.00 74 2042-06-30 300,000.00 PLN

29 2031-03-31 zł162,000.00 75 2042-09-30 300,000.00 PLN

30 2031-06-30 zł162,000.00 76 2042-12-31 300,000.00 PLN

31 2031-09-30 zł162,000.00 77 2043-03-31 300,000.00 PLN

32 2031-12-31 162 000,00 PLN 78 2043-06-30 300 000,00 PLN

33 2032-03-31 162 000,00 PLN 79 2043-09-30 300 000,00 PLN

34 2032-06-30 zł162,000.00 80 2043-12-31 zł300,000.00

35 2032-09-30 zł162,000.00 81,2044-03-31,300,000.00 PLN

36 2032-12-31 zł162,000.00 82 2044-06-30 zł300,000.00

37 2033-03-31 162 000,00 PLN 83 2044-09-30 300 000,00 PLN

38 2033-06-30 zł162,000.00 84 2044-12-31 300,000.00 PLN

39 2033-09-30 zł162,000.00 85 2045-03-31 300,000.00 PLN

40 2033-12-31 162 000,00 PLN 86 2045-06-30 300 000,00 PLN

41 2034-03-31 zł162,000.00 87 2045-09-30 300,000.00 PLN

42 2034-06-30 zł162,000.00 88 2045-12-31 300,000.00 PLN

43 2034-09-30 zł162,000.00 89 2046-03-31 300,000.00 PLN

44 2034-12-31 zł162,000.00 90 2046-06-30 zł300,000.00

45 2035-03-31 162 000,00 PLN 91 2046-09-30 314 000,00 PLN

zł46,2035-06-30 zł162,000.00 Total zł16,732,000.00

6. The ordering party requires a grace period for repayment of the loan. Loan repayment start date – March 2024