Report 8/2023 Recommendation of the Management Board of STS Holding S.A. regarding the level of dividend payment for 2022
The Management Board of STS Holding S.A. with its registered office in Katowice (“Company”) – having regard to the interests of the Company’s shareholders – on 24 May 2023 adopted a resolution concerning recommendation to the Annual General Meeting of the distribution of net profit achieved by the Company for the financial year 2022 in the amount of PLN 128,609,243.89, less the advance on dividend in the amount of PLN 42,264,438.66 paid to the Shareholders on 31 October 2022 (current report 20/2022), i.e. the amount of PLN 86,344,805.23, in the following manner:
1) PLN 86,199,276.90 will be allocated to the payment of dividends for the Company’s shareholders, which means that the amount of the dividend per share is PLN 0.55;
2) PLN 145,528.33 to be allocated to the Company’s supplementary capital in accordance with the mandatory provisions of law.
The recommendation was approved by the Supervisory Board of the Issuer on 25 May 2023.
The final decision on the distribution of profit for the year ended 31 December 2022 will be taken by the Annual General Meeting of the Company.
In addition, the Management Board of the company will decide to pay to the shareholders of STS Holding S.A. an advance on dividends for 2023 upon publication and approval of the consolidated summary financial statements as on 30 June 2023.
Legal basis: Art. 17 sec. 1 MAR – confidential information