On 17 July 2015, the Company and Zarząd Infrastruktury Komunalnej i Transportu w Krakowie (the “Contracting Authority”) entered into the contract whereby the Company would perform certain tasks in connection with the following project: “Maintenance and repair of tram infrastructure in Cracow in the period 2015 – 2018.”

Net value of the Contract: Up to PLN 42.3m.

Gross value of the Contract: Up to PLN 52.0m.

Term of the Contract performance: 1 August 2015 – 31 July 2018.