Management Board of Comarch S.A. informs about the signing by Comarch S.A. on the 27th of December, 2023 an agreement for the provision of SaaS and Innovation services to KPN B.V. (hereinafter referred to as the: "Agreement"). Under the Agreement Comarch S.A. will provide support services to KPN B.V. in serving customers and employees of KPN B.V. using the Comarch S.A. solution for customer service and billing settlements (Customer Care and Billing Solution), with particular emphasis on the management of SaaS applications provided by Comarch S.A. and implementation of Innovation services consisting in providing configuration and changes in the way of working. 
During the 5-year period of the Agreement, the total amount of remuneration due to Comarch S.A. for the implementation of the subject of the Agreement will amount to approximately EUR 27,370,740.00, i.e. PLN 118,482,459.31 PLN at the exchange rate of the 26th of December, 2023. 
Terms of the Agreement and liability for damages of Comarch S.A. do not differ from market standards used in similar contracts. 
Management Board of Comarch S.A. considered this information as confidential due to meeting the criteria of a significant agreement, i.e. the value of the Agreement exceeds 10% of the Comarch S.A.'s equity. The Agreement obtained the status of significant on the day of its signing, i.e. the 27th of December, 2023.