CR 23/2016 Opinion of the Supervisory Board of LPP SA on the distribution of net profit

Opinion of the Supervisory Board of LPP SA on the distribution of net profit         

Current Report No: 23/2016

Date: 11.05.2016

The Management Board of LPP SA (the “Company”) announces that on May 10, 2016, the Supervisory Board issued a positive opinion on the request of the Management Board referred to in Current Report 18/2016 regarding the distribution of the net profit achieved in the financial year ended on December 31, 2015, in which the Management Board has recommended payment of a dividend of PLN 59 935 557.00, i.e. PLN 33.00 per share, and set the dividend record date on September 5, 2016, and the dividend payment date on September 21, 2016.