Current report no 15 / 2022

Current report no 15 / 2022 - 24 March 2022 / 10:47

Recommendation on dividend payment for 2021

With reference to Report No 11/2022 of 23 February 2022, the Management Board of Budimex S.A. informs that in connection with the Company’s previous practice concerning the payment of dividend, as well as the conclusion in 2021 of a transaction of disposal of shares in Budimex Nieruchomości Sp. z o.o, as well as the payment on 18 October 2021 of an advance on the dividend expected for 2021 in the amount of PLN 14.90 gross per share, it decided to recommend that the Ordinary General Meeting decide in 2022 on the payment of the remaining part of the dividend in the amount of PLN 23.47 gross per share. Thus, the dividend per share for the year for 2021 would be PLN 38.37 gross.

It is recommended that the dividend be paid on all shares of Budimex SA, i.e. 25,530,098 shares.

The Management Board of Budimex SA will recommend that in 2022 the Ordinary General Meeting set a date of determining a list of shareholders entitled to the remaining part of the dividend for 2021 within 8 business days from the adoption of the resolution by the Ordinary General Meeting, and a date of payment of the remaining part of the dividend within 12 business days from the date of determination of the list of shareholders. The recommended calendar dates will be provided by the Management Board on the date of convening the Ordinary General Meeting.

The Management Board of Budimex SA presents this recommendation on the basis of the data contained in the above-mentioned report No 11/2022 of 23 February 2022 and points out that, according to earlier information, the statements for 2021, together with the audit report, will be published on 25 March 2022.