With reference to Current Report No. 29/2015 of October 14th 2015, Current Report No. 10/2016 of March 8th 2016 and Current Report No. 12/2016 of April 1st 2016, the Management Board of Grupa LOTOS S.A. (“Company”) announces that on July 20th 2016 the Provincial Administrative Court of Gdańsk dismissed the Company’s complaint against the decision of Director of Tax Chamber in Gdańsk dated February 29th 2016 concerning the settlement of VAT tax for individual months of 2011. The Company has the right to lodge a cassation complaint to the Supreme Administrative Court of Warsaw. After it reviews the written statement of reasons for the ruling, the Company will decide whether to lodge a cassation complaint.
The legal basis for the submission of this current report is Art. 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.