RB: 13/2020
Date: 17 April 2020
Proposed distribution of the Company's net profit for year 2019
Legal basis: Art. 17 item 1 of MAR – inside information.

Text of the report:

The Management Board of Benefit Systems S.A. with its registered seat in Warsaw the, "Company" hereby announces that on 16 April, 2020, adopted resolution concerning a proposal to the Ordinary General Meeting regarding appropriation of the entire profit reported in the financial statements of the Company for year 2019, in the amount of PLN 166 342 521.78 say: one hundred sixty-six million three hundred forty-two thousand five hundred twenty-one 78/100 in full for the supplementary capital of the Company.

The above proposal constitutes a departure from the Dividend Policy of Benefit Systems S.A. for the years 2020 - 2023 announced in report No. 44/2019 of December 9, 2019 'Dividend Policy'. This departure from the Dividend Policy is of one-off nature and is associated with the economic uncertainty caused by the COVID-19 coronavirus epidemic.

The above-mentioned proposal concerning distribution of 2019 profit received a positive opinion of the Supervisory Board of the Company.