Subject: Conclusion of loan agreement with GlattonSp. z o. o.

Legal basis: Article 17 (1) MAR - confidentialinformation.

Report content:

The Management Board of Mabion S.A. ("Company")hereby informs that on 15 July 2020 it concluded with Glatton Sp. z o.o.- a related party and shareholder holding directly and indirectly atotal share of 11.85%ofthe Company's share capital ("Lender"), a loan agreement in the amountof PLN 15 million ("Loan"), in order to refinance the renewable creditgranted to the Company in 2018 by Santander Bank Polska S.A.(respectively: "Credit" and "Bank").TheCompany announced the granting of the Credit in the current report No.55/2018of July 17, 2018, whereasby the date of publication of this current report, the Company has drawndown only PLN 15 million in the framework of the Credit. The loanagreement enters into force on July 16, 2020. The Company's SupervisoryBoard approved the conclusion of the loan agreement.

The Company emphasizes that the Loan in question isadditional financing not included in the financing declared by theCompany's main shareholders who intend to provide the Company withadditionalcapital amounting to not lower than PLN 15 million in 2020, inaccordance with the supporting documents they presented, as referred toin current report No.16 / 2020 of March 16, 2020.

Pursuant to the loan agreement concluded, the Companyis obliged to repay the Loan by December 31, 2020, whereby the partiesallow the possibility of extending the above-mentioned deadline. Theinterest rate on the Loan was set based on market conditions as avariable interest rate based on the 3M WIBOR rate plus a margin. Theloan is secured by: an unsubordinated contractual mortgage up to anamount not exceeding PLN 45 million established on the Company'sownership rights to the real estate in Konstantynów Łódzkianda statement of willingness to submit to legal enforcement by means of anotarial deed. Except for the mortgage, the security on the debt mustamount in total at all times to a sum equal to or higher than 150% ofthe amount of Loan.