Report No. 19/2021 - Resolution of the Ordinary General Meeting of Stalexport Autostrada Małopolska S.A. on apportionment of net profit for the turnover year 2020

With reference to current reports No. 13/2020 dated 1 March 2021 and No. 16/2021 dated 2 March 2021, the Management Board of Stalexport Autostrady S.A. with its registered office in Mysłowice (hereinafter: the Issuer) hereby informs that on 9 March 2021 the Ordinary General Meeting of Stalexport Autostrada Małopolska S.A. with its registered office in Mysłowice, (a subsidiary to the Issuer) adopted a resolution on apportionment of net profit for the turnover year 2020 as follows:

Resolution No. 10
of the Ordinary General Meeting of
STALEXPORT AUTOSTRADA MAŁOPOLSKA S.A
with its registered seat in Mysłowice
dated 9 March 2021
on distribution of net profit for the financial year 2020

Acting pursuant to Art. 348 and Art. 395 §  2 point 2 of Commercial Companies Code, the Ordinary General Meeting of the Company herewith decides to:

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:

1. amount of PLN 38,730.29 (say: thirty eight thousand seven hundred thirty zlotys twenty nine groszy) to cover losses from previous years,
2. 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,
3. 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.

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.