The Management Board of Centrum Medyczne ENEL-MED Spółka Akcyjna (hereinafter: the Company) hereby informs that the lease agreement of 05/01/2004 entered into between the Company as a tenant and Blue City a limited liability company as a landlord. The subject of the above The lease agreement is a lease of space for the needs of the Blue City Branch located in Warsaw at Al. Jerusalem. The lease extension agreement and annex to the lease agreement were received by the Company on 13/02/2018 and are dated as at 12/02/2018. Br> Under the signed documents, the lease period has been extended until March 31, 2012. By virtue of the signed annex, the Company will be required to pay rent (specified in EUR) as well as operating fees and utility charges (specified in PLN). Payment of the liability expressed in euro will be made after converting its amount into Polish zlotys using the average NBP exchange rate on the last working day preceding the day of invoice or payment order. The rent is increased in proportion to the increase in the Monetary Union Index of Consumer Prices - set at the end of the calendar year in relation to the ratio established at the end of the previous year, with the amount expressed in EUR as the basis. In the case where the indexation is negative or equal to zero, rent rates remain the same as in the previous calendar year. br> In the annex to the lease agreement, the parties agreed that in the event of early termination of the lease due to reasons attributable to the Company, the Company will be required to pay a contractual penalty corresponding to a total of 12 monthly gross rents and 12 monthly advance payments determined according to the rates paid by the Company on the day of termination of the lease. A reserved contractual penalty does not exclude the possibility of claiming supplementary compensation on general terms. br> It is estimated that the total value of the Company's liabilities due to rental and operating charges will amount to PLN 12,154,911.89 net. This amount consists of the sum of PLN 3,961,273.02 and the sum of approximately EUR 1,961,699.28. The total value of the annex was converted at the average exchange rate of 13/02/2018 announced by the National Bank of Poland. At the same time in connection with the extensionfor the subsequent period the landlord undertook to pay to the Company an amount of PLN 2,150,000.00 net. br> Other provisions do not deprive you of market conditions. Br>
Source: company website, investor relations, current and periodic reports.