RLF - RLG - PCBU 2025 (II) UIF P2

signed

An unfunded risk-sharing instrument partially covering the credit risk in newly originated subloans of ProCredit Bank JSC ("PCBU", the "PFI") in Ukraine with the total value of EUR 200 million equivalent (the "Covered Portfolio"). The Project is provided under the EBRD's Resilience and Livelihoods Framework to finance broad working capital and investment needs of Ukrainian private businesses operating in key sectors supporting the livelihoods of Ukrainian businesses. Up to EUR 40 million of risk shared sub-loans will finance SMEs' long-term investments under the EU4Business-EBRD Credit Line with Incentives (within a dedicated sub-limit assigned with a separate EBRD project number 56720). This will enable financing of long-term capital investments of SMEs to upgrade their technologies and equipment to EU standards, including investments in sustainable and green technologies (at least 70% of the sub-limit), thereby enhancing their competitiveness. Eligible sub-borrowers will also receive technical assistance funded by the EU and grant support in the form of investment incentives upon the completion of their investment projects.