We would like to inform that planned issuance of corporate bonds byUkraine based companies of KSG Agro SA is now formally completed. As aresult of the issuance, Ukraine Based KSG Dnepr LLC raised USD 2,920,000at annual interest rate of 7%. Management of the Group is pleased withthe results of the issuance and plans to use the proceeds as stipulatedby issuance prospectus. At the same time, the terms of financing withlocal financing partner - Taskombank, had also been improvedsignificantly, with UAH facilities rate decreasing by 5,5% in November2023 as compared to August 2023. As a result, effective interest ratefor total portfolio was reduced from 20,4% in August 2023 to 13,5% inNovember 2023. Part of the operational profits of the Ukraine basedcompanies of the Group were also deployed to reduce the loan componentof the portfolio, which has higher interest rate.