Current Report 14/2022
Resolution of the Supervisory Board 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. (further the "Company") informs that on 18 May 2022 the Company's Supervisory Board adopted Resolution No. 14/2022 on the recommendation by the Management Board concerning the division of the Company's net profit for 2021, about which recommendation the Company advised in current report No. 13/2022 of 17/05/2022.
In conformity with the above-mentioned resolution, the Company's Supervisory Board has positively assessed and granted the Management Board's motion for a part of the Company's net profit for 2021 in the amount of PLN 10,010,000.00 (in words: ten million and ten thousand zlotys), that is PLN 0.25 (in words: 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 2021 in the amount of PLN 19,041,598.30 (in words: nineteen million forty one thousand five hundred and ninety eight and 30/100 zlotys) 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 29 July 2022 as the record date and 12 August 2022 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 2021, fixing the record date and dividend payment date as proposed by the Management Board.
Detailed legal grounds: Article 17(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).
