Subject:

Management Board proposals and Supervisory Board opinion on the distribution of profit for the financial year 01.07.2019 – 31.12.2020 and payment of a dividend to the Company’s shareholders

Legal basis:

Art. 17 sec. 1 MAR – inside information.

Content:

The Management Board of R22 spółka akcyjna (the “Company”) hereby announces that on 10 May 2021 it adopted a resolution on submitting to the Company’s Supervisory Board and Annual General Meeting proposals and recommendations concerning the distribution of net profit for the financial year covering the period from 01.07.2019 to 31.12.2020.

In these proposals, the Management Board of the Company proposes that the net profit for the financial year covering the period from 01.07.2019 to 31.12.2020, amounting to PLN 12 261 011,94 (twelve million two hundred sixty-one thousand eleven zlotys 94/100), be distributed as follows:

a) PLN 12 053 000,00 (twelve million fifty-three thousand zlotys 00/100) to be allocated to the payment of a dividend to the Company’s shareholders, which means that the dividend per share will amount to PLN 0,85 (eighty-five groszy).

b) PLN 208 011,94 (two hundred eight thousand eleven zlotys 94/100) to be allocated to the Company’s supplementary capital.

In the resolution, the Management Board recommended setting the dividend record date as 14 June 2021 and the dividend payment date as 21 June 2021.

Due to the fact that, pursuant to the Management Board resolution dated 25.08.2020 on the payment of an interim dividend from the profit for the financial year covering the period from 01.07.2019 to 31.12.2020 (Current Report No. 27/2020 dated 25 August 2020), an interim dividend of PLN 3 970 400 (three million nine hundred seventy thousand four hundred zlotys 00/100) was paid to shareholders on 06.10.2020, with the interim dividend per share amounting to PLN 0,28 (twenty-eight groszy), the amount payable as the remaining portion of the dividend will be PLN 8 082 600,00 (eight million eighty-two thousand six hundred zlotys 00/100), which means that the remaining dividend per share will amount to PLN 0,57 (fifty-seven groszy).

The dividend will cover 14.180.000 shares of the Company.

As H88 S.A. does not exercise rights attached to the Company’s shares, no dividend will be paid on those shares.

At the same time, the Management Board of the Company announces that on 10 May 2021 the Supervisory Board of the Company adopted a resolution and assessed the Management Board’s proposals concerning the distribution of net profit for the financial year covering the period from 01.07.2019 to 31.12.2020, amounting to PLN 12 261 011,94 (twelve million two hundred sixty-one thousand eleven zlotys 94/100), in which it issued a positive opinion on the distribution of net profit as follows:

a) PLN 12 053 000,00 (twelve million fifty-three thousand zlotys 00/100) to be allocated to the payment of a dividend to the Company’s shareholders, which means that the dividend per share will amount to PLN 0,85 (eighty-five groszy).

b) PLN 208 011,94 (two hundred eight thousand eleven zlotys 94/100) to be allocated to the Company’s supplementary capital

and requests that the Annual General Meeting of the Company adopt resolutions in accordance with the proposals submitted by the Management Board.

In its resolution of 10 May 2021, the Supervisory Board also issued a positive opinion on the Management Board’s recommendation to set the dividend record date as 14 June 2021 and the dividend payment date as 21 June 2021.

The final decision concerning the distribution of net profit for the financial year covering the period from 01.07.2019 to 31.12.2021 and the payment of a dividend to shareholders, including determination of the dividend record date and dividend payment date, will be made by the Annual General Meeting.