Proposal of the Management Board of Wirtualna Polska Holding S.A. on the allocation of the Company's net profit for year 2023 and a positive opinion of the Company's Supervisory Board

Current report No. 5/2024 dated 26 March 2024

Proposal of the Management Board of Wirtualna Polska Holding S.A. on the allocation of the Company's net profit for year 2023 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 March 25, 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 amount of PLN 42,787,841.22 of the Company's net profits from year 2023 and the amount of PLN 17,212,158.78 from the retained profits for the payment of dividends to the Company's Shareholders in the amount of PLN 2.00 (two zloty 00/100) per one share, in the total maximal amount of PLN 60 mln where the amount of dividend for each share will be rounded down to full grosze, while the difference between the amount indicated above, and the amount of dividend due to the shareholders, taking into account such rounding, will be added to the Company's supplementary capital

2.      the Management Board of the Company proposed the date of establishing the right to dividend on July 22, 2024 and the date of dividend payment on July 26, 2024

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 March 25, 2024, 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 2023 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