The Management Board of Wawel S.A. (hereinafter referred to as the Issuer), hereby informs that the total value of the trade turnover between the Issuer and Euromar Commodities GmbH in the period from 14th August 2015 to the date of submitting this current report equalled PLN 54,021,355.28 net.

The subject matter of the transactions concluded by and between the Issuer Euromar Commodities GmbH, covers the raw materials to produce the couverture, which Issuer buy from the Euromar Commodities GmbH.

The highest value was noted for the sales invoice dated 16th November 2015 and it equalled PLN 465,932.58 net - after conversion to PLN.

The said transaction referred to the purchase of the raw materials to produce the couverture.

The remaining terms and conditions of sales do not deviate from the terms and conditions generally applied in the market in this scope.

The said transactions have been considered as significant because of the fact that the value of the trade turnovers by and between the entities exceeds the level of 10% of the Issuer's equity.

WAWEL SA issued this content on 2016-01-18 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 2016-01-18 16:40:04 UTC

Original Document: http://www.wawel.com.pl/relations.php/en/reports/reports/1-2016-significant-agreement-turnover-with-business-partner.html