Current reports

Adoption by the Supervisory Board of OEX S.A. of documents and expression of opinion on the draft resolutions for the Ordinary General Meeting of Shareholders of the Company

Current report number: 21/2019

Data: 10 June 2019

Legal basis:

Art. 56 (1) (2) of the Offer Act – current and periodical information

Content of the report:

The Management Board of OEX S.A. with registered office in Warsaw (the ‘Company’), acting pursuant to §19 (1) (2) of the Regulation of the Minister of Finance on ongoing and periodical information to be disclosed by security issuers and on conditions of recognition of information required by the laws of a state that is not a member-state, in relation with the Ordinary General Meeting of Shareholders of the Company convened for 25 June 2019, hereby wishes to advise whom it may concern that on 10 June 2019 the Supervisory Board of the Company adopted and will submit to the Ordinary General Meeting of Shareholders the following:

  1. Report on the activities of the Supervisory Board in 2018 together with a report of the Audit Committee of the Supervisory Board.
  2. Assessment of the Company’s situation, taking into account the assessment of the internal control systems, the risk management, the compliance management, the way of discharging by OEX S.A. of information obligations concerning the corporate governance as well as the assessment of rationality of the Company’s policy concerning sponsorship, charity or similar activities,

– these documents constitute an annex to this report and are available at the  website of the Company in the section Investor Relations/Company/General Meeting of Shareholders 2019.

At the same time, the Supervisory Board, having read the agenda and draft resolutions of the Ordinary General Meeting of Shareholders convoked for 25 June 2019 as proposed by the Management Board, gave them its positive opinion and decided to recommend to the General Meeting of Shareholders that it adopted the resolutions in the phrasing as proposed.

With reference to the foregoing, in relation to the question of the distribution of profits, the Supervisory Board gave its positive opinion on the submission to the Ordinary General Meeting of Shareholders of the motion of the Management Board of the Company concerning the proposed distribution of the net profit for 2018 in the amount of PLN 10.760.459,31 (say: ten million seven hundred and sixty thousand four hundred and fifty-nine Polish zlotys and thirty-one Polish groszys) and recommended that the Ordinary General Meeting of Shareholders adopted a resolution on the distribution of the profit as proposed in the motion, i.e. that the profits in the whole amount indicated be allocated to the supplementary capital of the Company.

Signatures of Company’s representatives:

Tomasz Słowiński – Member of the Management Board

Robert Krasowski – Member of the Management Board