Report No. 10/2023 - Positive evaluation of the Supervisory Board regarding the Management Board's motion on apportionment of net profit for the year 2022 and payment of dividend

With reference to the current report No. 8/2023 of 27 February 2023, the Management Board of Stalexport Autostrady S.A. (hereinafter: "the Company") informs that on 3 March 2023 the Supervisory Board of the Company made an evaluation of the Management Board’s motion on apportionment of net profit for the financial year 2022 and the payment of dividend and requests the Ordinary General Meeting of Stalexport Autostrady S.A. to adopt resolutions in accordance with the motion of the Management Board of the Company.

In the motion the Management Board of Stalexport Autostrady S.A. proposed:

1. to allocate net profit for the financial year 2022 in amount of PLN 48,977,202.72 (say: forty eight million nine hundred seventy seven thousand two hundred two zlotys seventy two groszy) in total for payment of dividend;
2. pay dividend to Company's shareholders in the total amount of PLN 4452.404,60 (say: forty nine million four hundred fifty two thousand four hundred four zlotys and sixty groszy), which means that the dividend shall amount to PLN 0.20 (say: twenty groszy) per one share, whereas the amount of payable dividend consists of:

1. funds from distribution of net profit for the financial year 2022 in the amount of PLN 48,977,202.72 (say: forty eight million nine hundred seventy seven thousand two hundred two zlotys seventy two groszy),
2. funds accumulated on retained earnings derived from the profit generated by the Company in previous years, in the amount of PLN 11,234.78 (say: eleven thousand two hundred thirty four zlotys seventy eight groszy),
3. funds accumulated on supplementary capital in the amount of PLN 463,967.10 (say: four hundred sixty three thousand nine hundred sixty seven zlotys ten groszy).

The final decisions on the apportionment of net profit for turnover year 2022 and dividend payment including the determination of the dividend record date and the dividend payment date, will be made by the Ordinary General Meeting of the Company.

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.