Current Report 11/2021

Decision and resolution of the Management Board of INPRO S.A. on the dividend payment

Only the Polish version of this document is legally binding.
This translation is provided for information only.
Every effort has been made to ensure the accuracy of this publication.

The Management Board of INPRO S.A. (the "Company") informs that it has made a decision to propose to the Ordinary General Assembly the payment of the dividend of PLN 0.50 (in words: fifty groszes) per share for 2021.
The Management Board also informs that today it adopted resolution No. 1/2021 on the motion of the Management Board regarding the division of the Company's net profit for 2020.
In conformity with the above-mentioned resolution, the Management Board of INPRO S.A. moves that part of the Company’s net profit for 2020 in the amount of PLN 20,020,000.00 (in words: twenty million and twenty thousand zlotys) i.e. PLN 0.50 (in words: fifty groszes) per share be allocated towards the dividend to the Company's shareholders and the remaining part of the Company's net profit for 2020 in the amount of PLN 34,146,610.48 (in words: thirty four million one hundred and forty six thousand six hundred and ten and 48/100 zlotys) be allocated towards the increase of the Company's supplementary capital.
The Company's Management Board suggests that 26 July 2021 should be fixed as the record date and 9 August 2021 as the dividend payment date.
The above-mentioned proposals regarding the dividend payment will be recommended to the Company's Ordinary General Assembly, which will make, in conformity with its powers, a final decision on that issue. The opinion on the recommendation put forward by the Management Board will also be issued by the Company's Supervisory Board in a relevant resolution.
Detailed legal grounds: Article 17 para. 1 of Regulation of the European Parliament and of the Council (EU) No 596/2014 of 16 April 2014 on market abuse (the 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 (also referred to as the MAR).