Management Board’s proposal regarding allocation of 2018 net profit endorsed by Supervisory Board
Report no. 122019-05-30

Further to Current Report No. 10/2019 of April 29th 2019, Grupa LOTOS S.A. (the "Company") announces that today, i.e. on May 30th 2019, the Management Board’s proposal regarding allocation of the net profit earned by Grupa LOTOS S.A. in the financial year 2018, i.e.:

  1. a dividend of PLN 554,620,086, or PLN 3 per share, to be paid,

  2. the remaining portion of the net profit, i.e. PLN 779,260,905.36, to be allocated to the statutory reserve funds,

  3. September 12th 2019 proposed as the dividend record date and September 27th 2019 as the dividend payment date,

was endorsed by Company's Supervisory Board.

A final decision on the allocation of the Company’s profit and payment of dividend will be made by the Annual General Meeting.


Legal basis: Article 17(1) of MAR – Inside information.