Acting pursuant to Art. 395, Art. 399.1 and Art 4021 of the Commercial Companies Code and Articles 8.1-4 and 8.7 of the Company's Articles of Association, the Management Board of Grupa LOTOS S.A. of Gdańsk, entered in the Business Register maintained by the District Court for Gdańsk-Północ in Gdańsk, 7th Commercial Division of the National Court Register, under KRS No. 0000106150, with a share capital of PLN 184,873,362 (paid in full), holding Tax Identification Number NIP 583-000-09-60, gives notice of the Annual General Meeting of Grupa LOTOS S.A., to be held at the Company's registered office at ul. Elbląska 135, Gdańsk, Poland, at 11:00 am on June 30th 2020.
The agenda for the Meeting is as follows:
- Opening of the Meeting.
- Appointment of the Chairperson of the Meeting.
- Confirmation that the Meeting has been properly convened and has the capacity to adopt resolutions.
- Adoption of the agenda.
- Consideration of the financial statements of Grupa LOTOS S.A. for 2019.
- Consideration of the consolidated financial statements of the LOTOS Group for 2019.
- Consideration of the Directors’ Report on the operations of Grupa LOTOS S.A. and the LOTOS Group in 2019.
- Consideration of the Supervisory Board’s report on the activities of the Supervisory Board in 2019, the Supervisory Board’s report on assessment of the separate and consolidated financial statements for 2019, the Directors’ Report on the operations of the Management Board and the LOTOS Group in 2019, and the Management Board’s proposal concerning allocation of profit or coverage of loss.
- Consideration of the report of the Grupa LOTOS S.A. Management Board on entertainment expenses, legal expenses, marketing costs, public relations and social communication expenses, and management consultancy fees in 2019.
- Authorisation of the financial statements of Grupa LOTOS S.A. for 2019.
- Authorisation of the consolidated financial statements of the LOTOS Group for 2019.
- Authorisation of the Directors’ Report on the operations of Grupa LOTOS S.A. and the LOTOS Group in 2019.
- Allocation of the Company’s net profit for 2019.
- Granting discharge from liability to members of the Company’s Management Board for the period January 1st – December 31st 2019.
- Granting discharge from liability to members of the Company’s Supervisory Board for the period January 1st – December 31st 2019.
- Adoption of the Remuneration Policy for Members of the Management Board and Supervisory Board of Grupa LOTOS S.A.
- Granting consent to Grupa LOTOS S.A.’s subscription for shares of Grupa Azoty Polyolefins S.A. of Police.
- Determination of the number of members of the Supervisory Board of the 11th term of office.
- Appointment of the members of the Supervisory Board of the 11th term of office.
- Closing of the Meeting.
Other information included in the notice of the Annual General Meeting is enclosed herewith.
Attached to this Current Report please find the draft resolutions of the Annual General Meeting of Grupa LOTOS S.A. along with grounds for resolutions no 13, 16 and 17.
Legal basis: Par. 19.1.1 and 19.1.2 of the Minister of Finance’s Regulation on current and periodic information to be published by issuers of securities, dated March 29th 2018.