Report no. 18/2023 - Motion of the Management Board of Stalexport Autostrada Małopolska S.A. on apportionment of net profit for the year 2022 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 13 April 2023 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 2022 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 2022 and payment of dividend as follows:

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

• distribute net profit for the financial year 2022 of the amount 70,469,637.81 zlotys (say: seventy million four hundred sixty-nine thousand six hundred thirty-seven zlotys eighty-one groszy) as follows:

              a) the amount of 47,372,326.36 zlotys (say: forty-seven million three hundred seventy-two thousand three hundred twenty-six zlotys thirty-six groszy) to allocate for payment of dividend to the shareholders of the Company,

             b)the amount of 23,097,311.45 zlotys (say: twenty-three million ninety-seven thousand three hundred eleven zlotys forty-five 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;

• pay a dividend to the shareholder of the Company in the total amount of 47,372,326.36 zlotys (say: forty seven million three hundred seventy two thousand three hundred twenty six zlotys thirty-six groszy) by May 5th, 2023.”

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 2022 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.