Tatry mountain resorts : Re. Item 4 of the agenda – Approval of the Individual Financial Statements as of 31 October 2022

Proposal of the Board of Directors of the

Tatry mountain resorts, a.s. company

with the registered office at Demänovská Dolina 72, 031 01 Liptovský Mikuláš, Company number: 31 560 636, registered in the Commercial Register of District Court Žilina, Section: Sa, Insertion No.: 62/L

to adopt the annual individual financial statements as of 31st October 2022 and the proposal to distribute the profit made in the financial year beginning on 01/11/2021 and ending on 31/10/2022

The Board of Directors of the Tatry mountain resorts, a.s. company with the registered office at Demänovská Dolina 72, 031 01 Liptovský Mikuláš, Company number: 31 560 636, registered in the Commercial Register of District Court Žilina, Section: Sa, Insertion No.: 62/L (hereinafter referred to as "Company") hereby

proposes to the Annual General Meeting of the Company,

which is going to be held at Holiday Village Tatralandia, Ráztocká 21, 031 05 Liptovský Mikuláš on 31st May 2023 from 11:00 a.m. (hereinafter referred to as the "Annual General Meeting"), that the following

resolution of the Annual General Meeting

should be adopted

according to item 4 of the agenda:

"The Annual General Meeting hereby adopts:

1. decision on approval the annual individual financial statements as of 31st October 2022;
2. decision on distribution of profit made in the financial year starting on 1st January 2021 and ending on 31st October 2022 in the amount of = 3 287 469,82 EUR (in words: Three million two hundred eighty seven thousand four hundred sixty nine Euro and eighty two cents) (hereinafter referred to as the "Profit") in accordance with the proposal of the Board of Directors as follows: part of the Profit in the amount of = 328 746,98 EUR shall be used to fund the Reserve Fund of the Company, part of the profit in the amount of = 16 437,35 EUR shall be used to fund the Social Fund of the Company and part of the profit in the amount of = 2 942 285,49 EUR shall be allocated to the account of Retained earnings of previous periods."

In Demänovská Dolina on 25th April 2023

Tatry mountain resorts, a.s.	Tatry mountain resorts, a.s.
Ing. Igor Rattaj, m.p.	Ing. Jozef Hodek, m.p.
Chairman of the Board of Directors	Member of the Board of Directors