1. The subject of the order is to take out a long-term loan in the amount of 3,500.000zł (in words: three million five hundred thousand PLN 00/100).

2. The financial resources obtained from the loan are intended for: redemption of municipal bonds in the amount of PLN 1,000,000, repayment of loans in the amount of PLN 2,016.628 and financing the planned budget deficit of PLN 483,372 according to Resolution No. 0007.60.2021 of the Black City Council of 16 December 2021 year on taking out a long-term loan.

3. Loan Period: From the signing of the loan agreement until December 15, 2031.

4. The credit shall be triggered in the amounts and dates to be specified in the form of a written request for withdrawal submitted prior to each commissioning of the tranche electronically with a minimum of one day in advance, and the funds should be transferred on the following day after receipt of the application road electronic.

5. The commissioning of the loan will be made without cash transfer to the bank account of the municipal budget: BS Człuchów o/Czarne 77 9326 0006 0040 0116 2000 0100.

6. The grace period in repayment of capital will include the time from the date of payment to 30.01.2023r.

7. 0% commission for early loan repayment.

8. In case of non-implementation of expenditure planned for 2022, the Ordering Party reserves the possibility of reducing the amount of the loan.

9. Credit servicing costs:

1) The interest rate on the loan will be variable, based on a WIBOR rate of 1M, updated monthly, preceding the month of loan repayment and fixed, during the duration of the bank's margin agreement, not higher than 0.5%, to be determined to the second decimal place. The costs associated with the maintenance of the credit account and any charges related to the servicing of the credit the Contractor is obliged to include the margin in such a way as to calculate and present a single percentage rate, the amount of which is binding throughout the lending period, therefore the bank by the entire period of the contract will not additionally charge costs and fees for, among others, preparatory commission, commission for drawing up annexes, early repayment commission, commission on unused credit amount and the like in Pzp mode.

2) commission — calculated as% on the entire loan amount i.e. PLN 3,500.000. The commission must include all charges that are related to the commissioning of the credit — payable by the Contractor to the Contractor's bank account within 15 days of the first commissioning of the funds.

10. 365 days shall be accepted for the accounting year and in case of a leap year 366 days.

11. Credit collateral: blanco promissory note and promissory declaration.

12. The Ordering Party reserves the right to repay all or part of the loan in advance without incurring additional costs and charges.

13. In the credit agreement only the costs referred to in paragraph 9 shall be considered applicable.

14. Interest will be paid in monthly periods up to the 15th day of each month for the previous month from the date of the start of the loan until 15 December 2031. The last interest installment will be payable by December 15, 2031. Interest on the loan will be charged only on the amount of current actual debt and payable monthly.

15. Repayment of capital will be made in monthly instalments up to the 15th day of each month:

YEAR Total capital instalments in the year The amount of instalments The amount of annual repayment

2023 12 x 500 6,000.00

2024 12 x 6,000 72,000.00

2025 12 x 25,000.00 300.000.00

2026 12 x 13,000.00 156,000.00

2027 12 x 10,000.00 120.000.00

2028 12 x 20,000.00 240.000.00

2029 12 x 13,000.00 156,000.00

2030 12 x 20,000.00 240.000.00

2031 1 x 230.000.00 230.000.00

11 X 180.000.00 1,980.000.00

Total 3,500.000.00

16. The security of the credit will be in blanco promissory note with promissory declaration.

17. The Ordering Party informs that the Treasurer of the Municipality shall submit a countersign on the credit agreement, the promissory declaration and the promissory note in blanco.

18. Additionally, the Contracting Authority informs that it does not provide for the signing of a declaration of submission to execution with the Treasurer's countersignature.

19. The Ordering Party declares that it has no arrears against the Tax Office and Social Insurance Company.

20. The margin proposed in the tender offer will remain unchanged throughout the duration of the loan agreement.

In view of lack of space, other records of the description of the subject of the order can be found in SWZ available at: https://portal.smartpzp.pl/czarne.