Proposal of the Management Board of Wirtualna Polska Holding S.A. on the allocation of the Company's net profit for year 2024 and a positive opinion of the Company's Supervisory Board
Current report No. 10/2025 dated 26 May 2025
Proposal of the Management Board of Wirtualna Polska Holding S.A. on the allocation of the Company's net profit for year 2024 and a positive opinion of the Company's Supervisory Board
Legal basis: art. 17 sec. 1 MAR
Contents of the report:
The Management Board of Wirtualna Polska Holding SA ("Company"), hereby informs that on May 26, 2025, it adopted a resolution regarding the motion to the Supervisory Board and the General Meeting of Wirtualna Polska Holding SA to adopt a resolution by the General Meeting regarding:
1. allocating the Company's total net profit shown in the Company's separate financial statements for the financial year 2024 in the amount of PLN 85,574,330.78 (in words: eighty-five million five hundred seventy-four thousand three hundred thirty zlotys 78/100) and the amount of PLN 774,030.52 (seven hundred seventy-four thousand thirty zlotys 52/100) from profits from previous periods to the payment of dividend to the Company's Shareholders in the amount of PLN 2.90 (two zlotys ninety groszy) per share, in the total amount of PLN 86,348,361.30 (eighty-six million three hundred forty-eight thousand three hundred sixty-one zlotys 30/100), while the amount of the dividend per share will be rounded down to full grosze, while the difference between the amount indicated above and the amount of the dividend payable to shareholders, taking into account such rounding, will be added to the Company's reserve capital;
2. the Management Board of the Company proposed the date of establishing the right to dividend on July 21, 2025 and the date of dividend payment on July 25, 2025.
The proposed profit distribution is in line with the Company's Dividend Policy adopted on December 20, 2016, according to which the Management Board of the Company will apply to the General Meeting for a dividend payment of more than PLN 1 per share, but not more than 70% of the consolidated net profit of the Capital Group Of the company disclosed in the financial statements for the given financial year.
At the same time, the Management Board of the Company informs that on May 26, 2025, the Supervisory Board of the Company adopted a resolution according to which it gave a positive opinion on the above-mentioned motion of the Management Board.
The final decision regarding the allocation of the profits of the Company from year 2024 will be made by the Ordinary General Meeting of the Company.
Legal basis: Article 17 para. 1 of Regulation No. 596/2014 of the European Parliament and of the Council of 16 April 2014 on market abuse (regulation on market abuse) and repealing Directive 2003/6 / EC of the European Parliament and of the Council and Commission Directive 2003/124 / EC , 2003/125 / EC and 2004/72 / EC
Signatures of persons representing the Company:
Jacek Świderski - President of the Management Board
Elżbieta Bujniewicz-Belka - Member of the Management Board