Report no. 16/2021

With reference to the current report No. 13/2021 of 1 March 2021, the Management Board of Stalexport Autostrady S.A. (hereinafter: "the Issuer") informs that on 2 March 2021 the Supervisory Board of the Stalexport Autostrada Małopolska S.A. (SAM) - the Issuer’s subsidiary -  made an evaluation of the  Management Board’s motion on apportionment of net profit for the financial year 2020 and the payment of dividend and requests the Ordinary General Meeting of SAM to adopt resolutions in accordance with the motion of the Management Board of SAM.

In the motion the Management Board of SAM proposed:

1) distribute net profit for the financial year 2020 in amount of PLN 89,152,309.57 (say: eighty nine million one hundred fifty two thousand three hundred nine zlotys fifty seven groszy) as follows:

a) amount of PLN 38,730.29 (say: thirty eight thousand seven hundred thirty zlotys twenty nine groszy) to cover losses from previous years,

b) amount of PLN 22,319,444.69 (say: twenty two million three hundred nineteen thousand four hundred forty four zlotys sixty nine groszy) to allocate for payment of dividend to the shareholders of the Company,

c) amount of PLN 66,794,134.59 (say: sixty six million seven hundred ninety four thousand one hundred thirty four zlotys fifty nine groszy) to allocate to the reserve capital for payment to the shareholders, in particular for payment of dividend or advance payment for dividend in the future,

2) pay a dividend to the shareholder of the Company in the total amount of PLN 22,319,444.69 (say: twenty two million three hundred nineteen thousand four hundred forty four zlotys sixty nine groszy), provided however that the amount of dividend shall be equal to the amount of advance payment for interim dividend for 2020 paid to the shareholders on the basis of Resolution no. 02/12/2020 of the Management Board dated December 15^th, 2020 and Resolution no. 04/12/2020 of the Supervisory Board dated December 15^th, 2020.”

The final decisions on the apportionment of net profit for turnover year 2020 and dividend payment to SAM’s shareholder, including the determination of the dividend record date and the dividend payment date, will be made by the Ordinary General Meeting of SAM.

Legal Basis:

Article 17(1) of Regulation (EU) No 596/2014 of the European Parliament and of the Council 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.