Current Report 7/2018

The Management Board of INPRO S.A. (the "Company") informs that on 18/04/2018 it received a notice of entry by the Gdańsk-North District Court in Gdańsk, 3rd Land and Mortgage Division on 11/04/2018, in division IV of land and mortgage register No. GD1G/00285339/9, of a contractual real estate mortgage on the assets of INPRO S.A. That mortgage constitutes a legal security for the credit granted to the Company by mBank S.A. with its registered office in Warsaw (the "Bank") on the basis of working capital credit agreement No. 10/049/17/Z/OB of 05/07/2017 up to the amount of PLN 16,700,000.00.
The Company advised of the conclusion of the credit agreement in current report No. 18/2017 of 05/07/2017.
The mortgage entry was made in division IV of land and mortgage register No. GD1G/00285339/9 and concerns the following:
the established contractual real estate mortgage up to PLN 25,050,000 for mBank securing the principal with interest and other costs under credit agreement No. 10/049/17/Z/OB of 05/07/2017, encumbering the ownership right of INPRO S.A. to the perpetual usufruct right to land covered by the Harmonia Oliwska project, stage II, located in Gdańsk, Opacka Street, for which real estate the Gdańsk-North District Court keeps land and mortgage register No. GD1G/00285339/9. The mortgage will be finally established on real property constituting a plot belonging only to stage II of the Harmonia Oliwska project being financed by the Bank; this is because the Bank declared that it would issue consent to the unencumbered detachment from the register described above of plots to be set out and designated for the construction of the other stages of that property development project.
The value of the asset (land) on which the above security was established is, in the books of accounts of INPRO S.A., PLN 1,386,704.41.
There are no connections between the Company, its managers and supervisors and the Bank and its managers.
The Company's Supervisory Board gave its consent to establishing the above mortgage by way of resolution No. 19/2017 of 25 August 2017.
Detailed legal grounds: Article 17 par. 1 of the Regulation of the European Parliament and of the Council (EU) No 596/2014 of 16 April 2014 on market abuse (market abuse regulation) and repealing Directive 2003/6/EC of the European Parliament and of the Council and Commission Directives 2003/124/EC, 2003/125/EC and 2004/72/EC (also referred to as the MAR)