Report No. 27/2022 - Motion of the Management Board of Stalexport Autostrada Małopolska S.A. on apportionment of net profit for the year 2021 and payment of dividend

The Management Board of Stalexport Autostrady S.A with its registered office in Mysłowice (hereinafter: “the Company” or “the Issuer”) hereby informs that on 11 May 2022 the Management Board of Stalexport Autostrada Małopolska S.A. with its registered office in Mysłowice (the Issuer’s subsidiary) adopted a resolution on apportionment of net profit for the year 2021 and payment of dividend.

In accordance with the resolution the Management Board of Stalexport Autostrada Małopolska S.A. (hereinafter: SAM S.A.) decided to present to the Supervisory Board of SAM S.A. and the Ordinary General Meeting of SAM S.A. a motion on apportionment of net profit  for the year 2021 and payment of dividend as follows:

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

1) distribute net profit for the financial year 2021 in amount of PLN 88,963,420.43 (say: eighty eight million nine hundred sixty three thousand four hundred twenty zlotys and forty three groszy) as follows:

 a) amount of PLN 42,305,036.80 (say: forty two million three hundred five thousand thirty six zlotys and eighty groszy) to allocate for payment of dividend to the shareholders of the Company,

 b) amount of PLN 46,658,383.63  (say: forty six million six hundred fifty eight thousand three hundred eighty three zlotys and sixty three groszy) to allocate to the reserve capital for payment to the shareholders, in particular for payment of dividend or payment of interim dividend in the future;

2) pay a dividend to the shareholder of the Company in the total amount of PLN 99,367,687.17  (say: ninety nine million three hundred sixty seven thousand six hundred eighty seven zlotys and seventeen groszy), less the interim dividend for 2021 in the amount of PLN 57,062,650.37 (say: fifty seven million sixty two thousand six hundred fifty zlotys and thirty seven groszy), which the Company paid out to shareholders from the funds allocated on the reserve capital pursuant to the Resolution of the Management Board No. 07/11/2021 of 24 November 2021 and the Resolution of the Supervisory Board No. 02/11/2021 of 24 November 2021. Payment of the remaining dividend in the amount of PLN 42,305,036.80 (say: forty two million three hundred five thousand thirty six zlotys and eighty groszy) will be made by 31 May 2022.”

The above mentioned motion of the Management Board of SAM S.A. requires evaluation by the Supervisory Board of SAM S.A.

The final decisions on the apportionment of net profit for turnover year 2021 and dividend payment to SAM’s shareholders, 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.