RESOLUTION OF COUNCIL OF MINISTERS OF THE REPUBLIC OF BELARUS

of November 15, 2022 No. 778

About acquisition of assets

Based on subitem 2.3 of Item 2 of the Presidential decree of the Republic of Belarus of October 15, 2021 "About stabilization of financial condition of the organizations" the Council of Ministers of the Republic of Belarus DECIDES: No. 391

1. To Asset Management Agency open joint stock company (further – the Agency) to acquire the assets created on the loans granted to Brest Electrolamp Plant open joint stock company by joint Belarusian-Russian open joint stock company "Belgazprombank" and Belagroprombank open joint stock company according to appendix (taking into account refining of outstanding amounts for date of transfer of assets).

2. Establish:

2.1. rate of interest income on the bonds emitted by the Agency for the purposes of acquisition of assets according to Item 1 of this resolution nominated in Belarusian rubles in the amount of 3 annual interest rates;

2.2. discount on the acquired Agency according to Item 1 of this resolution to assets in the amount of 50 percent from outstanding amount on principal debt of Brest Electrolamp Plant open joint stock company, and also in the amount of the interest for using the credits which is not paid for date of concession of the requirement and other payments according to credit agreements.

3. This resolution becomes effective after its official publication.

Appendix

to the Resolution of Council of Ministers of the Republic of Belarus of November 15, 2022 No. 778

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