CR 20/2024 Dividend Information

Current report no: 20/2024
Date: 12/07/2024
Time: 1:14 p.m.

The Management Board of LPP SA informs that today the Annual General Meeting of Shareholders has adopted a resolution on payment of a dividend for the financial year from 1 February 2022 to 31 January 2023 to shareholders according to the following assumptions:

• the amount of the dividend per share: PLN 610;
• the total amount of the dividend will depend on the number of shares on the dividend record date; according to the current number of 1,855,190 shares, the total amount of the dividend would be equal to PLN 1,131,665,900. If the shares of the latest issue (700 M series bearer shares) are authorised and placed on the market by the dividend record date, they will participate in the dividend payment on 30 October 2024, then the number of shares will amount to 1,855,890;
• the dividend record date (the date on which the number of eligible shareholders will be determined) – 11 October 2024;
• the dividend payment date – 30 October 2024.

The actual dividend paid per share will be reduced by the amount of the dividend advance previously paid for the financial year ended 31 January 2024 which amounted to PLN 528,729,150, i.e. PLN 285 per share. The advance was paid for 1,855,190 shares of A, B, C, D, E, F, G, H, I, J, K, L and M series and the record date for determining the eligible shareholders to participate in the advance dividend was 23 April 2024.