1. The subject of the order is:

Granting and servicing a PLN credit line in the amount of PLN 28,600,000 to cover the budget deficit (co-financing of investment tasks carried out by the Brwinów Commune in 2023) and repayment of loans and advances.

2. Characteristics of the subject of the contract

Funds from the credit line will be released after signing the contract in the period from 01.09.2023 to 28.12.2023. Funds from the credit line will be released each time on the basis of an application submitted by the Ordering Party, within 3 calendar days from the date of its submission to the bank and in the amount specified by the Ordering Party. The purchaser shall have the right not to use the full amount of the credit. In the above-mentioned situation, the credit line will be closed on 29.12.2023.

1. The subject of the order is:

Granting and servicing a PLN credit line in the amount of PLN 28,600,000 to cover the budget deficit (co-financing of investment tasks carried out by the Brwinów Commune in 2023) and repayment of loans and advances.

2. Characteristics of the subject of the contract

Funds from the credit line will be released after signing the contract in the period from 01.09.2023 to 28.12.2023. Funds from the credit line will be released each time on the basis of an application submitted by the Ordering Party, within 3 calendar days from the date of its submission to the bank and in the amount specified by the Ordering Party. The purchaser shall have the right not to use the full amount of the credit. In the above-mentioned situation, the credit line will be closed on 29.12.2023.

1) Repayment of funds from the credit line will take place 4 times a year on the last repayment day of each loan installment starting from 29/02/2024 to 31/10/2034. "Forecast of loan valuation and repayment" is prepared by the bank according to the model form – Annex 1 A.

The first interest on the loan will be repaid by 29/12/2023, and the next interest on the loan will be repaid on the repayment date of the principal installment, starting from 29/02/2024.

The repayment of the principal will take place on the last day of the relevant month.

2) Interest rate on funds from the credit line: at a variable interest rate determined on the basis of the WIBOR rate for one-month PLN interbank deposits calculated as the arithmetic average of the last 10 days preceding the accounting period for which the interest due on the loan is calculated and repaid (without capitalization of interest) + the bank's fixed margin during the term of the loan agreement, given in the offer. "Arithmetic average over the last 10 calendar days preceding the accounting period" means the average of WIBOR 1M rates over all 10 calendar days where for non-working days (in which WIBOR 1M quotes do not take place) the rate from the last preceding day on which the quotation took place is used.

3) The given margin will be fixed and non-negotiable.

The margin may be positive or 0 %.

4) The loan will be secured by a blank promissory note without protest together with a promissory note declaration.

5) The Ordering Party reserves the right to make early repayment of the loan, without the bank collecting the remaining interest and additional fees related to servicing the loan.

6) The Ordering Party reserves the right to resign from collecting part of the loan without incurring financial responsibility for it.

7) The Bank will not charge any additional fees and commissions for granting and servicing the loan other than those mentioned in this SWZ and the offer.

3. Additional information:

a) as of 2023. The municipality did not provide guarantees and sureties (off-balance sheet liabilities),

(b) as of 2023. The municipality does not have any liabilities under the issue of bonds,

c) financing structure of the project: own funds + bank loan,

d) interest on the loan will be repaid on the principal payment date from 29/02/2024,

with the exception of the first instalment of interest, which would be paid separately until 29.12.2023.

e) the repayment of capital will take place from 2024.

4. Characteristics of the local government unit.

a) area - 69km²

b) number of inhabitants as at 31.12.2022 - 25.095

c) value of property, plant and equipment as at 31.12.2022 – PLN 522,511,454.68.

5. Pursuant to Article 95 of the PPL, the Bank, in the performance of the contract in question, is obliged to employ, on the basis of an employment relationship within the meaning of the provisions of the Act of 26 June 1974 - Labour Code, persons directly servicing the performance of the subject of the contract, i.e. analyst employees

and a person designated to contact the Ordering Party.