Report No. 11/2024 - Positive evaluation of the Supervisory Board of Stalexport Autostrada Małopolska S.A. regarding the Management Board's motion on apportionment of net profit for the year 2023 and payment of dividend

With reference to the current report No. 8/2024 of 8 April 2024, the Management Board of Stalexport Autostrady S.A. (hereinafter: "the Issuer") informs that on 12 April 2024 the Supervisory Board of Stalexport Autostrada Małopolska S.A. (SAM S.A.) – the Issuer’s subsidiary -  made an evaluation of the  Management Board’s motion on apportionment of net profit for the financial year 2023 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

“The Management Board of Stalexport Autostrada Małopolska S.A. proposes herewith to:

1) apportion net profit for the financial year 2023 of amount of 96,677,384.92 zlotys (say: ninety six million six hundred seventy seven thousand three hundred eighty four zlotys ninety two groszy) as follows:

1. amount of 96,677,384.47 zlotys (say: ninety six million six hundred seventy seven thousand three hundred eighty four zlotys forty seven groszy) to allocate for covering loss from previous years,
2. amount of 45 zlotys (say: forty five groszy) to allocate for supplementary capital;

2) make payment of dividend to the shareholder of the Company from  funds accumulated in reserve capital in amount 126,713,258.58 zlotys (say: one hundred twenty six million seven hundred thirteen thousand two hundred fifty eight zlotys fifty eight groszy), provided that the above amount shall be decreased by previously paid advance payment for the expected dividend for 2023, in amount of  51,141,681.23 zlotys (say: fifty one million one hundred forty one thousand six hundred eighty one zlotys twenty three groszy). The amount of 75,571,577.35 zlotys (say: seventy five million five hundred seventy one thousand five hundred seventy seven zlotys and thirty five groszy) remains for payment to the shareholder. The payment to the shareholder shall be made by May 8^th, 2024.”

The final decisions on the apportionment of net profit for turnover year 2023 and dividend payment to SAM’s shareholder, including the determination of the dividend payment date, will be made by the Ordinary General Meeting of SAM S.A.

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.