WSE Conclusion by the Issuer of an agreement extending the maturity of loans specified in the Loan Agreement and the terms of the Restructuring Agreement.

Management Board of Work Service S.A. ("Issuer" or "Company") - with reference to current reports: (i) No. 10/2020 on the completion of negotiations with the Issuer's lending banks ("Banks") on changing the Issuer's financing conditions, (ii) No. 12/2020 and No. 12/2020/K on the conclusion with a company under the name Gi International S.R.L. with its registered office in Milan, Italian Republic, owned by Gi Group S.P.A. ("Investor"), the investment agreement of February 13, 2020 ("Investment Agreement") stating, inter alia, the terms and conditions for granting the Company financing by the Investor for the purpose of restructuring the existing debt of the Company towards the Banks and financing the ongoing operations of the Company's capital group, (iii) No. 27/2020 regarding the conclusion by the Issuer of a preliminary agreement with the Banks including the arrangements for the restructuring of the Issuer's debt, (iv ) No. 42/2020 on the conclusion of a cooperation agreement in the field of debt restructuring between the Company and the Banks ("Restructuring Agreement"), and (v) No. 43/2020 on the signing of Annex No. 8 to the loan agreement of 18 November 2015. (the conclusion of which the Company informed in the current report No. 43/2015) ("Loan Agreement") and other documents specified in the Restructuring Agreement - informs that today an agreement was concluded to the Restructuring Agreement and the Loan Agreement ("Agreement"). The conclusion of the earlier annexes to the Loan Agreement concerned, inter alia, current reports No. 34/2017, No. 7/2018, No. 82/2018, No. 86/2018, No. 15/2020, No. 17/2020, No. 28/2020 and No. 43/2020.
Under the Agreement, inter alia (i) The Final Repayment Day (as defined in the Loan Agreement), and (ii) the cut-off date for the fulfillment of the conditions precedent and the entry into force of the Restructuring Agreement, have been extended until August 14, 2020. As a result of the analysis carried out, the Issuer assumed that qualification of the above-mentioned information as confidential within understanding of Art. 17 sec. 1 MAR, subject to publication in the form of this report, is justified.