CR /4/2019 Dividend information

Dividend information

Current report no: 04/2019

Date: 25 March 2019

Time: 5:03 pm

The Management of LPP SA with its registered office in Gdańsk informs that, on 25 March 2019, the Board decided to submit to the Supervisory Board and the Ordinary General Meeting of Shareholders the application for division of the Company’s net profit earned in the financial year ended 31 December 2018, in which the Board recommends a dividend to be disbursed in the amount of PLN 110 065 020.00, i.e. PLN 60.00 per share (the amount per share gives recognition to the assumed awarding by the Supervisory Board of LPP SA of shares as part of an incentive programme).

At the same time, in the said application, the Management Board of LPP SA suggests that the dividend date should fall on 18 June 2019, with the dividend payment date falling on 27 June 2019.

The above-mentioned application will be delivered to the Supervisory Board of LPP SA for opinion purposes as required under § 33(3) of the Company’s Articles of Association and Article 382(3) of the Commercial Companies Code and presented for consideration by the Ordinary General Meeting of Shareholders as required under Article 395(2)(2) of the Commercial Companies Code and § 33(1)(3) of the Articles of Association of LPP SA.