Annual General Meeting’s resolution on the allocation of the Company’s net profit for 2021
Report no. 13/20222022-06-17

Grupa LOTOS S.A. (the “Company”) announces that on June 17th, 2022 Grupa LOTOS S.A.’s Annual General Meeting (the “AGM”) passed a resolution on the allocation of the Company’s net profit for 2021. In particular, the AGM resolved to distribute PLN 647,056,767 as dividend to the shareholders.

The dividend per share will be PLN 3,5 before tax.

The number of Company shares in respect of which the dividend will be paid is 184,873,362. The Annual General Meeting also set the dividend record date for June 23rd, 2022 and the dividend payment date for July 29th, 2022.

The net profit for 2021 shall be distributed provided that the General Meeting of PKN ORLEN S.A. of Płock, entered in the National Court Register under No. 28860 (“PKN ORLEN”), and the General Meeting of Grupa LOTOS S.A. pass resolutions to merge PKN ORLEN S.A. with Grupa LOTOS S.A. through the transfer of all assets, equity and liabilities of Grupa LOTOS S.A. to PKN ORLEN in exchange for shares to be issued by PKN ORLEN to the shareholders of Grupa LOTOS S.A.

If the above-mentioned condition is not met, the entire net profit for 2021 in amount of PLN 2.519.835.199,42 shall be excluded from the division of profits in full and shall be allocated to the Company's supplementary capital.

Legal basis: Par. 19.2 of the Minister of Finance’s Regulation on current and periodic information to be published by issuers of securities and conditions for recognition as equivalent of information whose disclosure is required under the laws of a non-member state, dated March 29th, 2018 (Dz. U. of 2018, item 757).