Current Report 20/2020

Resolution of the Ordinary General Assembly of INPRO SA regarding the payment of dividend

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") with its registered office in Gdańsk informs The Management Board of INPRO S.A. (the "Company") with its registered office in Gdańsk informs that on 25 June 2020 the Company's Ordinary General Assembly (the "GA") adopted a resolution on the division of the Company's net profit for the financial year 2019 into the dividend and supplementary capital, on setting out the record date and the dividend date.

In conformity with Resolution No. 11, the Ordinary General Assembly of INPRO S.A. decided to allocate a part of the Company's net profit for 2019 in the amount of 6,006,000.00 (six million and six thousand 00/100) zlotys i.e. 0.15 zlotys (fifteen groszes) per share towards the dividend to the Company's shareholders and the remaining part of the Company's net profit in the amount of 22,080,013.60 (in words: twenty two million eighty thousand and thirteen 60/100) zlotys towards the Company’s supplementary capital.

The dividend concerns all the Company's shares i.e. 40,040,000 shares (30,030,000 series A and 10,010,000 series B shares).

The General Assembly set out 3 August 2020 as the record date and 17 August 2020 as the dividend date.

Detailed legal grounds: § 19 par. 2 of the Regulation of the Minister of Finance of 29 March 2018 on current and periodic information submitted by the issuers of securities and on the conditions for regarding information required by the law of a non-member state as equivalent (Dz.U. [Journal of Laws] 2018.757)