CR 22/2020 Information on supplementing the agenda of the Ordinary General Meeting of LPP SA to be held on 18 September 2020 following a motion by the Company’s shareholder

Information on supplementing the agenda of the Ordinary General Meeting of LPP SA to be held on 18 September 2020 following a motion by the Company’s shareholder

Current report no: 22/2020

Date: 28 August 2020

Time: 6:28 p.m.

With reference to current reports nos 19/2020 and 20/2020 of 20 August 2020, following a motion (“Motion”) submitted by the Semper Simul Foundation, a shareholder (“Shareholder”), on 28 August 2020 to supplement the agenda of the Ordinary General Meeting of the Company to be held on 18 September 2020 (“OGM”), the Management Board of LPP Spółka Akcyjna with its registered office in Gdańsk (“Company”) informs of introducing changes in the agenda of the OGM, resulting from the Shareholder’s Motion:

• after item 16, a new item 17 “Amendment of §3(1) of the By-laws” has been added.

In consequence of the above, the previous item 16 of the agenda of the OGM has been moved respectively (one place upwards).

In consideration of the above, the changed agenda of the OGM to be held on 18 September 2020, at 10:00 a.m. in the Company’s registered office in Gdańsk, at ul. Łąkowa 39/44, shall be as follows:

1. Opening of the session and election of the Chairman of the Meeting.
2. Establishing whether the General Meeting has been duly convened and has the capacity to adopt resolutions, the drawing up of the list of attendance.
3. Adoption of the agenda.
4. Presentation of the resolutions of: the Supervisory Board on their opinion on matters put on the agenda of the Ordinary General Meeting; the Supervisory Board on its evaluation of the Management Board’s report on the operations of the Company’s Group (incorporating the report on the Company’s operations) in the financial year from01.2019 to 31.01.2020; the Supervisory Board on their evaluation of the Company’s financial statements for the financial year from01.2019 to 31.01.2020; the Supervisory Board on their evaluation of the consolidated financial statements of the LPP SA Group for the financial year from 01.2019 to 31.01.2020; the Management Board on the motion for the division of the Company’s profit generated in the financial year from 01.01.2019 to 31.01.2020; the Supervisory Board on their examination of the Management Board’s motion for the division of the Company’s profit generated in the financial year from 01.01.2019 to 31.01.2020; the Supervisory Board on the comprehensive evaluation of the Company’s standing in the financial year from 01.01.2019 to 31.01.2020, including, in particular: (i) evaluation of the financial reporting process, (ii) evaluation of the internal control system, internal audit and risk management system, (iii) evaluation of financial audit activities, (iv) evaluation of the impartiality of the statutory auditor reviewing financial statements of the Company and the LPP SA Group; the Supervisory Board on the approval of the Supervisory Board’s report on their activity in the financial year from 01.2019 to 31.01.2020; the Supervisory Board on the approval of the evaluation of how the Company fulfils its reporting duties concerning the application of corporate governance principles arising from good practices and regulations on current and interim information submitted by issuers of securities; the Supervisory Board on the evaluation of the rationale for charity and sponsorship policy followed by the Company.
5. Presentation, examination and approval of the Management Board’s report on the operations of the LPP SA Group and the Company in the financial year from 01.01.2019 to 31.01.2020.
6. Presentation, examination and approval of the Supervisory Board’s report on their activity in the financial year from 01.01.2019 to 31.01.2020.
7. Presentation, examination and approval of the financial statements of the Company for the financial year 01.01.2019 to 31.01.2020.
8. Presentation, examination and approval of the consolidated financial statements of the LPP SA Group for the financial year 01.01.2019 to 31.01.2020.
9. Discharging members of the Company’s Management Board for performing their duties in the financial year from 01.01.2019 to 31.01.2020.
10. Discharging members of the Company’s Supervisory Board for performing their duties in the financial year from 01.01.2019 to 31.01.2020.
11. Division of the Company’s profit generated in the financial year from 01.01.2019 to 31.01.2020.
12. Adoption of the Remuneration Policy for Management and Supervisory Bodies of LPP SA.
13. Dematerialisation of registered preferred shares and an authorisation for their registration in the securities depository kept by Krajowy Depozyt Papierów Wartościowych SA in Warsaw and consenting to the undertaking of any and all activities required for the performance of the said duty.
14. Establishment of a reserve capital with a view to purchasing treasury shares.
15. Granting an authorisation for purchasing treasury shares.
16. Adoption of the resolution on the change of the remuneration of the Chairman of the Supervisory Board.
17. Amendment of § 13(1) of the By-Laws.
18. Closing of the Meeting’s session.

Following the supplementation of the agenda of the OGM, the Company presents, as enclosure to this report, draft resolutions of the OGM referring to specific items of the changed agenda of the OGM, with due consideration of the draft submitted by the Shareholder.

Duly supplemented and changed information on the OGM and materials for shareholders, including a notice on convening the Meeting, a description of procedures for participating in the Meeting and exercising the rights to vote, including forms for exercising the said rights, are available at