Current report 12/2019

Resolution of the Supervisory Board on the dividend payment

The Management Board of INPRO S.A. (further the "Company") informs that on 16 May 2019 the Company's Supervisory Board adopted Resolution No. 7/2019 on the recommendation by the Management Board concerning the division of the Company's net profit for 2018, about which recommendation the Company advised in current report No. 11/2019 of 14/05/2019.

In conformity with the above-mentioned resolution, the Company has positively assessed and granted the Management Board's motion for a part of the Company's net profit for 2018 in the amount of PLN 10,010,000.00 ( ten million and ten thousand zlotys) i.e. PLN 0.25 (twenty five groszes) per share to be allocated towards the dividend to the Company's shareholders and the remaining part of the Company's net profit for 2018 in the amount of PLN 19,146,510.76 (nineteen million one hundred and forty six thousand five hundred and ten zlotys and seventy six groszes) to be allocated towards the increase of the Company's supplementary capital.

The Supervisory Board viewed positively and granted the motion by the Management Board to fix 16 August 2019 as the record date and 30 August 2019 as the dividend payment date.

The Company's Supervisory Board recommends the Company's General Assembly to grant the above-mentioned motion and adopt a resolution on the division of the Company's net profit for 2018, fixing the record date and dividend payment date as proposed by the Management Board.

Detailed legal grounds: Article 17 para. 1 of the 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)