ZUE inform that they learnt on 28 January 2021 about the conclusion by the other party of the contract between the Company and the city of Grudziądz – Zarząd Dróg Miejskich w Grudziądzu (the “Contracting Authority”) for the project named: “Reconstruction of the tramway track from the Wiejska Street to the OM Rządz tram terminus” as part of the following project: “Reconstruction of tram infrastructure to improve public transport in Grudziądz”.

Contract net value: PLN 47.7m.

Contract gross value: PLN 58.6m.

Completion date: 31 October 2021.