The Management Board of CIECH Spółka Akcyjna, with a registered office in Warsaw at ul. Wspólna 62 (the “Company”), entered in the Register of Entrepreneurs kept by the District Court for the Capital City of Warsaw, XII Commercial Division of the National Court Register, entry number KRS: 0000011687, tax identification number NIP: 118-00-19-377, with the share capital amounting to PLN 263,500,965.00 (paid-up in full), acting pursuant to Art. 395 and Art. 399 § 1 of the Commercial Companies Code and Art. 402¹, Art. 402² of the Commercial Companies Code and § 17 section 2 of the Articles of Association of the Company, hereby convenes

ANNUAL GENERAL MEETING OF SHAREHOLDERS OF CIECH S.A. 

The General Meeting will be held on 21 May 2020 at 09:00 a.m.

at the registered office of the Company in Warsaw at 62 Wspólna St.

AGENDA OF THE MEETING:

1. The opening of the Annual General Meeting of Shareholders.
2. Election of the Chairman of the Annual General Meeting of Shareholders.
3. Determination that the Annual General Meeting of Shareholders was duly convened and is capable of adopting resolutions.
4. Adoption of the agenda.
5. Consideration of the Report of the Management Board on the activity of CIECH Group and CIECH S.A. for 2019, together with the Non-Financial Report of CIECH Group for 2019.
6. Consideration of the Separate Financial Statements of CIECH S.A. for financial year 2019.
7. Consideration of the Consolidated Financial Statements of CIECH Group for financial year 2019.
8. Consideration of the Report of the Supervisory Board of CIECH S.A. on the activity in financial year 2019, including a report on the results of evaluation of reports on the activity of CIECH Group and CIECH S.A. for 2019, financial statements of CIECH S.A. and CIECH Group for 2019, taking into account the assessment of the internal control system and the system for the management of risks which are significant to the Company, as well as the proposal of the Management Board regarding the distribution of net profit of CIECH S.A. for 2019.
9. Adoption of a resolution on the approval of the Report of the Management Board on the activities of CIECH Group and CIECH S.A. for 2019, together with the Non-Financial Report of CIECH Group for 2019.
10. Adoption of a resolution on the approval of the Separate Financial Statements of CIECH S.A. for financial year 2019.
11. Adoption of a resolution on the approval of the Consolidated Financial Statements of CIECH Group for financial year 2019.
12. Adoption of a resolution on the approval of the Report of the Supervisory Board of CIECH S.A. on the activity in financial year 2019, including a report on the results of evaluation of reports on the activity of CIECH Group and CIECH S.A. for 2019, financial statements of CIECH S.A. and CIECH Group for financial year 2019, taking into account the assessment of the internal control system and the system for the management of risks which are significant to the Company, as well as the proposal of the Management Board regarding the distribution of net profit of CIECH S.A. for 2019.
13. Adoption of a resolution on the approval of the distribution of net profit for financial year 2019.
14. Adoption of a resolution on the granting to members of the Management Board of acknowledgement of the fulfilment of their duties in financial year 2019.
15. Adoption of a resolution on the granting to members of the Supervisory Board of acknowledgement of the fulfilment of their duties in financial year 2019.
16. Adoption of a resolution on the approval of the Remuneration Policy for Members of the Management Board and Supervisory Board.
17. Granting consent (i) to establish a registered pledge on the set of movable property and economic (property-related) rights of CIECH S.A. or to change the existing registered pledge and (ii) to raise debt financing and incur liabilities related to such financing in an amount not exceeding PLN 500,000,000.
18. Changes in the composition of the Supervisory Board of CIECH S.A.
19. Adoption of a resolution on the authorising the Management Board to buy back own shares.
20. Adoption of a resolution on the creation of a captial share redemption reserve for the purpse of the buy-back of own shares.
21. Closure of the General Meeting.

The Management Board of the Company encloses a notice convening the Ordinary Shareholders’ Meeting of the Company, made in accordance with article 402(2) of the Commercial Companies Code, containing information on the Shareholders’ Meeting.   

Legal basis: § 19 section 1 points 1 of the Regulation of the Minister of Finance of 29 March 2018 regarding current and periodic information delivered by issuers of securities and on conditions of recognition of information required under non-member state law regulations as equivalent.

Signatures of the Company’s representatives: