Current Report 35/2017

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.

In relation to the adoption by the Company's Extraordinary General Assembly (the "GA") on 28 September 2017 of the resolution on the amendment of the Statutes and the resolution on the adoption of the consolidated text of the Statutes, the Management Board of INPRO S.A. (the "Company") informs that on 27 November 2017 the Company received a ruling issued by the Gdańsk-North District Court in Gdańsk, 7th Business Division of the National Court Register, on the registration of the amendment to the Statutes in conformity with the above-mentioned resolution of the GA, that is:

1)    the wording of §10 par. 9 of the Company's Statutes was amended in such manner that the dot after point "j" was replaced with a coma, after which new point "k" was added, reading as follows:

               "adopt the By-Laws of the Audit Committee"
and

2)    instead of the current wording of §10 par. 19 of the Company's Statutes reading as follows:

"In the event that the Supervisory Board is appointed in the bench consisting of not more than 5 (five) members, and at least one of them is an independent member referred to in par. 12 and holds qualifications in accounting or financial revision, the Supervisory Board shall perform the tasks of the audit committee in corpore."  the following wording of § 10 par. 19 was introduced:

"In a period when the Company's shares are quoted at the regulated market run by the Warsaw Stock Exchange or when it follows from the binding provisions of law or from a recommendation of the Supervisory Board, the Supervisory Board shall appoint, from among its members, the Audit Committee responsible for the supervision of the Company's financial matters. The detailed tasks and the way of operation of the Audit Committee shall be specified by the By-Laws of the Audit Committee adopted by the Supervisory Board."

The consolidated text of the Company's Statutes with the previous and new wording registered in the National Court Register constitute an appendix to this report. The Company also informs that the consolidated text of the Statutes was provided in the Company's current report No. 28/2017 of 28 September 2017 regarding the wording of the resolution of the Company's GA on the adoption of the consolidated text of the Statutes.

Detailed legal grounds: § 38 par. 1 item 2 point a of the Regulation of the Minister of Finance of 19 February 2009 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] of 2009, No. 33, item 259 of 28 February 2009, as amended).