Contracts for supply of steel products from ArcelorMittal Commercial Sections S.A.

On 7 January 2015 Stalprofil S.A. (recipient) received from ArcelorMittal Commercial Sections S.A. of Luxembourg (supplier) confirmation of complex commercial contracts for delivery in the month of January of steel produced by steel mills belonging to the ArcelorMittal Group, and thus entered into subsequent purchases steel products with a value of 6 488 thousand PLN.
As a result of these transactions, the total value of contracts concluded by Stalprofil with entities of the ArcelorMittal Group on 3 October 2014 (from the date of publication of the current report 25/2014) amounted to 36 911 thousand PLN. ArcelorMittal Group is the largest steel producer in the world, as well as in Poland, and also is a major supplier of steel products for Stalprofil S.A.
The highest value in the above-mentioned period between the parties is a transaction of purchase of steel products (orders confirmed by the supplier) concluded on 12 November 2014, the value of 30 422 thousand PLN, and for the supply of steel products manufactured by ArcelorMittal Ostrava AS, based in Ostrava, ArcelorMittal Esch-Belval, Differdange, Rodange in Luxembourg, ArcelorMittal Hunedoara and ArcelorMittal Poland SA with its registered office in Dąbrowa Górnicza. These deliveries were made to Stalprofil in November and December 2014.
Terms of the transaction in question do not provide for contractual penalties and do not differ from those commonly used for this type of trade agreements.
Purchase transactions of steel products contained with the contractor meet all of the criteria of a significant agreement because their total value exceeds 10% of the equity of the issuer.