LPP : CR 07/2018 The information on dividend

The information on dividend

Current report no.: 07/2018

Date: 24.04.2018; 1:37 pm

The Management Board of LPP SA with its registered office in Gdansk hereby informs that on 24 April 2018 decided to submitto the Supervisory Boardandthe Annual General Meetinga proposalon the distribution ofthe net profitearned inthe financial year endedon 31December 2017, whichrecommends thepayment of a dividendof amount PLN 73 342 480.00i.e PLN 40.00 per share.

At the same time, the Management Board of LPP SA informs that, as part of the incentive programme adopted by Resolution no 21 of the Ordinary General Meeting of Shareholders of 19 June 2017, if the Supervisory Board passes a relevant resolution, LPP SA will offer the participants of the incentive programme (managing officers) the acquisition from the Company of 117 shares in LPP SA in total (from treasury shares). If the said rights are exercised before the dividend date, 117 shares will be attached with the right to a dividend. However, the above will not affect the dividend's value per share (PLN 40.00).

The Management Board ofLPP SAproposesin its requestto establish the dividend date on 24 August 2018, and the dividend payment date on 14 September 2018.

The proposalwill be submittedfor opinion tothe Supervisory Boardof LPP SA, as required by the provisions of§33paragraph. 3 of the Statuteandof art.382§ 3 of theCommercial Companies Code andpresented for consideration bythe Annual GeneralMeeting of the Company, in accordance withArt.395 § 2point 2 of theCommercial Companies Code and§ 33paragraph. 1 point3 of the Statuteof LPP SA.

CR 07 2018 - The information on dividend