Conclusionof a Framework Agreement by the Issuer with Polska Spółka Gazownictwasp. z o.o. with headquarters in Tarnów, Branch Zakład Gazowniczy inWrocław (city of Wrocław).ManagementBoard of G-Energy S.A. (GENERGY, the Company, the Issuer) with itsregistered office in Warsaw informs that today the Company has receivedan Agreement signed by both parties as part of the following procedure:FRAMEWORK AGREEMENT - Performing connections with gas consumption up to10 m3 / h in diameters from dn 25 PE to dn 63 PE from the existing gaspipelines on the basis of a framework agreement within the area of OZG'soperations in Wrocław, covering the area of the city of Wrocław,organized by Polska Spółka Gazownictwa sp. z o.o. based in Tarnów. TheIssuer informed about the expected signing of the Agreement in theCurrent Report No. 44/2020 of 8 December 2020.Thesubject of the Agreement is the successive implementation of individualtasks consisting in the comprehensive implementation of line facilitiesin the form of medium and low pressure gas connections with gasconsumption up to 10 m3 / h in diameters from dn 25 PE to dn 63 PE fromthe existing gas pipelines (Connections), in the area of ​city Wrocław).on the basis of individual orders, submitted as the Ordering Party'sneeds arise, including the preparation of project documentation forConnections (Projects) and the construction and commissioning of theConnection (Works) or only Works, which will jointly constitute thesubject of the Agreement.TheCompany will be entitled to remuneration depending on the actual scopeof the works performed, calculated on the basis of the unit ratesincluded in the Agreement, on the basis of the material scope performedand included in the final acceptance protocol. The value of the ordersmay not exceed the value of the task anticipated by the Ordering Party,i.e. the amount of PLN 7,023,478.00. (say: seven million twenty threethousand four hundred and seventy eight zlotys 00/100). The remunerationis expressed as a net amount and will be increased by VAT at the rateapplicable on the date of the Task or its part.TheIssuer is obliged to implement the Subject of the Agreement within 24months from the date of the Agreement.TheOrdering Party is entitled to demand from the Contractor the payment ofcontractual penalties, in particular: for delay in meeting the deadlinesfor the implementation of a given Task in relation to the deadlines fortechnical or final acceptance indicated in the Order, unless the Issueris not responsible for failure to meet the deadline - in the amount of0.2% the total estimated net remuneration specified in the Order foreach day of delay, but not more than 40% of this amount; for delay inremoving defects found upon receipt or during the warranty and guaranteeperiod, unless the Issuer is not responsible for failure to perform thisobligation on time - in the amount of 0.2% of the net remuneration forthe performance of a given Task specified in the Order Settlement, foreach day of delay , however, not more than 20% of this amount, due tofailure to provide the Employer with the geodetic documentation of thegas network completed, accepted for the state surveying resources - inthe case of connections carried out in accordance with Art. 29a and art.30 of the Construction Law within 3 monthsfromthe final acceptance of the Task - unless the Issuer is not to blame forfailure to perform this obligation on time - in the amount of 0.01% ofthe total net remuneration for each breach, in the event of the Employerwithdrawing from the implementation of the Task for reasons attributableto the Issuer (regardless of legal basis) - in the amount of 20% of thetotal estimated net remuneration specified in the Order,Thetotal amount of contractual penalties due to the Ordering Party underthe Agreement may not exceed 20% of the total net remuneration.Theother detailed terms and conditions of the above agreements do notdiffer from those commonly used in this type of agreement.Legalbasis:Art.17 sec. 1 of the Regulation (EU) No 596/2014 of the European Parliamentand of the Council of 16 April 2014 on market abuse (market abuseregulation) and repealing Directive 2003/6 / EC of the EuropeanParliament and of the Council and Commission Directive 2003 / 124 / EC,2003/125 / EC and 2004/72 / EC (also known as MAR).