Motion of the Management Board regarding the method of distribution of the profit generated in the year ended on December 31, 2022 and assessment of this motion by the Supervisory Board

Date  2023-05-12, 4:44 pm

The Management Board of Grupa Pracuj S.A. with its registered office in Warsaw (“Company”) informs that on May 12, 2023, adopted a resolution regarding the recommendation to the Ordinary General Meeting of the distribution of the net profit for the year ended on December 31, 2022 in the amount of PLN 164,766,117.07, as follows:

1)           the amount of PLN 102,397,539.00 to be allocated to the payment of a dividend to the Company's shareholders, i.e. in the amount of PLN 1.50 per share;

2)           the amount of PLN 62,368,578.07 to be allocated to the Company's supplementary capital.

In the resolution, the Management Board proposed the dividend day to be set for June 30, 2023, as well as to determine July 14, 2023 as the dividend payment date.

The motion of the Management Board regarding the recommendation of the distribution of the Company's profit was adopted taking into account Company’s dividend payment policy and, inter alia, the financial position and liquidity of the Company, existing and future liabilities and assessment of the Company's development prospects, as well as applicable provisions of law.

At the same time, the Company informs that the motion of the Management Board was positively assessed by the Supervisory Board of the Company at the meeting of May 12, 2023, which decided to recommend to the Ordinary General Meeting to adopt a resolution on the method of distribution of the net profit generated in the year ended on December 31, 2022, pursuant to the Management Board’s motion. 

The final decision regarding the distribution of profit for the year ended on December 31, 2022, including the possible payment of dividend and its amount, will be made by the Ordinary General Meeting.

Legal basis: Article 17 sec. 1 of MAR - confidential information