Report No. 17/2019 - Resolution of the Ordinary General Meeting of Stalexport Autostrada Małopolska S.A. on apportionment of net profit for the turnover year 2018

With reference to the current report no. 16/2019 dated 23 April 2019, the Management Board of Stalexport Autostrady S.A. with its registered seat in Mysłowice hereby advises that on 26 April 2019 the Ordinary General Meeting of Stalexport Autostrada Małopolska S.A. with its seat in Mysłowice (a 100% subsidiary to Stalexport Autoroute S.à r.l. with its registered office in Luxembourg, which is, in turn, a 100% subsidiary of Stalexport Autostrady S.A.) adopted a resolution on apportionment of net profit for the turnover year 2018 as follows:

Resolution no. 9

of the Ordinary General Meeting of

STALEXPORT AUTOSTRADA MAŁOPOLSKA S.A

with its registered seat in Mysłowice

dated  26 April 2019

on apportionment of net profit for the turnover year 2018

Acting pursuant to Art. 395 § 2 point 2 of Commercial Companies Code, the Ordinary General Meeting of the Company herewith decides to apportion net profit for the turnover year 2018 of amount of PLN 175,127,665.34 (say: one hundred seventy five million one hundred twenty seven thousand six hundred and sixty five zlotys thirty four groszy) as follows:

1. on payment of the dividend amount of PLN 10,908,000.00 (say ten million nine hundred and eight thousand zlotys),
2. on supplementary capital amount of PLN 99,725,665.34 (say: ninety nine million seven hundred twenty five thousand six hundred sixty five zlotys thirty four groszy),
3. on reserve capital allocated for payment to the shareholders, in particular for payment of dividend or advance payment for dividend in the future amount of PLN 64,494,000.00 (say: sixty four million four hundred ninety four thousand zlotys).

 At the same time the Management Board of Stalexport Autostrady S.A. reminds you that dividend in the amount of PLN 10,908,000.00 (say ten million nine hundred and eight thousand zlotys), was paid by Stalexport Autostrada Małopolska S.A. (as the Interim Dividend) to its sole shareholder i.e. Stalexport Autoroute S.à r.l. with its seat in Luxemburg) on 5 February 2019, which was reported in the current report no. 4/2019 dated 5 February 2019.

Legal basis:

Article 17 (1) of European Parliament and of the Council of UE No. 596/2014 of 16 April 2014 on market abuse (Market Abuse Directive) and repealing directive 2003/6/WE of European Parliament and Council and Commission directives 2003/124/WE, 2003/125/WE and 2004/72/WE.