Current report no 19 / 2017

Recommendation on dividend payment for 2016

The Management Board of Budimex SA would like to inform that it has recommended to the Annual General Meeting making a decision on dividend payment in 2017 in the amount of PLN 14.99 (say: fourteen zlotys, ninety nine grosz) gross for one share.

It proposes that the dividend be paid from the net profit for the period of 1 January 2016 to 31 December 2016, amounting to PLN 381,916,051.20 (say: three hundred and eighty one million nine hundred and sixteen thousand fifty one zloty, twenty grosz) increased by the amount of supplementary capital corresponding to the portion resulting from accumulated profits from previous years in the amount of PLN 780.117,82 (say: seven hundred and eighty thousand one hundred and seventeen zloty, eighty two grosz) resulting in a total amount of PLN 382,696,169.02 (say: three hundred and eighty two million six hundred and ninety six thousand one hundred and sixty nine zloty, two grosz). It is recommended to include all shares of Budimex SA, i.e. 25,530,098 (say: twenty-five million five hundred and thirty thousand ninety-eight) shares, in the dividend payment.

The Management Board of Budimex SA recommends that the dividend day, i.e. the day of determining the list of shareholders eligible to dividend for 2016, should be 19 May 2017, and the dividend payment day should fall on 5 June 2017.