Selection of the bid submitted by the Consortium comprising of: Izostal S.A. (Consortium Leader), Ferrum S.A. (Consortium Partner) and Stalprofil S.A. (Consortium Partner), as the most favourable one for the supply of coated steel pipes DN700 to O.G.P. Gaz-System S.A.

Legal basis: Art. 17 Clause 1 MAR - confidential information.
 
CONTENT OF THE REPORT:
In connection to the current report no. 9/2022, the Management Board of Izostal S.A. (the Company, the Contractor) informs that on May 11, 2022 was informed that the Gas Transmission Operator Gaz-System S.A. with its registered office in Warsaw (the Orderer) selected the bid submitted by the Consortium comprising of: Izostal S.A. (Consortium Leader), Ferrum S.A. (Consortium Partner) and Stalprofil S.A. (Consortium Partner) as the most beneficial in the public procurement procedure conducted in an open tender mode for the performance of the task entitled: " Delivery of brand new, coated steel pipes for the needs of the Skoczów – Komorowice – Oświęcim – Tworzeń Gas Pipeline", proceedings number: ZP/2022/01/0009/SWI.

The value of the offer submitted by the Consortium is PLN 92.4 million net, which represents PLN 113.7 million gross.

The procedure's terms of reference provide for the supply of DN700 diameter coated steel pipes with a total length of approximately 40 km in the period from January 1, 2023 to June 30, 2023.

The Company will publish a separate current report with information on the conclusion of the contract with O.G.P. Gaz-System S.A.

SIGNATURES OF PERSONS REPRESENTING THE COMPANY:
Management Board President, Marek Mazurek  2022-05-11
Management Board Vice President, Michał Pietrek  2022-05-11

INFORMATION ON THE ENTITY:
Full name of the issuer: IZOSTAL SPÓŁKA AKCYJNA
Abbreviated name of the issuer:  IZOSTAL S.A.
Sector based on the classification of Warsaw Stock Exchange:  Other industry
Address: 47-113 Kolonowskie, Opolska 29
Telephone: +48 77 405 65 00
Fax: +48 77 405 65 01
e-mail: info@izostal.com.pl
www.izostal.com.pl
VAT No. [NIP]:756-00-10-641
Statistical No. [REGON]: 530884678