The Management Board of Budimex S.A. announces that on 11.04.2025 the General Directorate for National Roads and Motorways, Wrocław Branch, informed the Company that its bid was rated the highest in the tender procedure entitled: “Design and construction of the S8 Wrocław – Kłodzko expressway, task 4 – section Łagiewniki Zachód junction (without the junction) – Niemcza junction (with the junction), length approx. 9.34 km”.

The above does not mean that Budimex S.A.’s bid was selected as the most advantageous, as the bid evaluation procedure has not been finally completed.

Offer value: PLN 312,190,309.12 net

Date of commencement of works: From the date of conclusion of the contract by both parties

Date of completion of works: 39 months from the date of conclusion of the contract (winter periods are not included in the time of completion of the Works)

Warranty period: up to 15 years

Warranty period: 60 months from the date indicated in the Takeover Certificate

Down payment: from 1% to 10% of the Accepted Contract Amount

Payment terms: 30 days from the date of delivery of a correctly issued VAT invoice by the Contractor to the Ordering Party

Bank guarantee of good performance: 10% of the gross price stated in the offer

Maximum value of contractual penalty paid by the Contractor: 20% of the Accepted Net Contract Amount Maximum value of contractual penalty paid by the Employer: 15% of the Net Accepted Contract Amount

The Ordering Party reserves the right to demand supplementary compensation transferring the amount of contractual penalties to the amount of the actual damage suffered, arising or likely to arise in connection with non-performance or improper performance of the Contract by the Contractor.

Other contractual conditions do not deviate from market standards.

The value of the offering exceeds the threshold of PLN 182,357 thousand. PLN net.