CR 17/2015 Information on dividend

Information on dividend

Current report no.: 17/2015

Date: 18.05.2015

The Management Board of LPP SA with its registered office in Gdansk hereby informs that on 18 May 2015 decided to submit to the Supervisory Board and the Annual General Meeting a proposal on the distribution of the net profit earned in the financial year ended on 31 December 2014, which recommends the payment of a dividend of amount PLN 57 988 640. 00 i.e PLN 32.00 per share.

The Management Board of LPP SA also states that the Company based on resolution No. 21 and 22 of the Annual General Meeting of the Company dated 27 June 2011 issued 21 300 warrants entitling to subscribe for the same number of shares in the share capital of the Company. In the case of the implementation of all these powers before the dividend day value of the dividend per share would be PLN 31.62.

The Management Board of LPP SA proposes in its request to establish the dividend date on 3 September 2015, and the dividend payment date on 24 September 2015.

The proposal will be submitted for opinion to the Supervisory Board of LPP SA, as required by the provisions of § 33 paragraph. 3 of the Statute and of art. 382 § 3 of the Commercial Companies Code and presented for consideration by the Annual General Meeting of the Company, in accordance with Art. 395 § 2 point 2 of the Commercial Companies Code and § 33 paragraph. 1 point 3 of the Statute of LPP SA.