Estimated impact of the change in accounting policy on the 2025 financial statements and on the Company's dividend capacity
Current Report No. 3/2026 dated 13 March 2026
Estimated impact of the change in accounting policy on the 2025 financial statements and on the Company's dividend capacity
Legal basis: Article 17 Section 1 of the MAR – confidential information
Content of Report:
The Management Board of Wirtualna Polska Holding S.A., with its registered office in Warsaw (the "Company", "Issuer"), hereby announces that it has adopted a resolution amending the Company's accounting policy regarding the valuation of investments in subsidiaries and associates presented in the separate financial statements. Beginning in the 2025 financial year, the Company will use the equity method to value these investments. In previous years, these investments were valued at cost.
As a result of the change in accounting policy, the Company has retrospectively restated its comparative data. Applying the new accounting policy results in an increase in the value of the Company's assets by approximately PLN 518 million and, correspondingly, an increase in equity by the same amount. Consequently, the amount available for distribution to shareholders according to art. 348 § 1 of the Commercial Companies Code (the Company's dividend capacity) will increase by approximately PLN 518 million, compared to the data presented in the financial statements for the year ended December 31, 2024.
The above amounts are estimates, unaudited, and subject to change. The final financial data and the exact value of the Company's individual equity assets will be presented in the separate annual financial statements for 2025, scheduled for publication on March 24, 2026.
The introduced change in accounting policy has no impact on the Group's consolidated financial statements, prepared in accordance with IFRS.
Legal basis: Article 17. 1 of European Parliament and Council Regulation No 596/2014 of 16 April 2014 on market abuse (Market Abuse Regulation) 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 the Company's representatives:
Jacek Świderski – President of the Management Board,
Elżbieta Bujniewicz-Belka – Member of the Management Board, Chief Financial Officer