Aktuální report č. 18 / 2015

Amendments to the Company Articles of Association

The Management Board of Budimex SA informs that the agenda of the Ordinary General Meeting for 2014 convened on 28 April 2015 includes the item concerning amendments to the Company Articles of Association. These amendments are proposed in connection with the conversion of 120 A series ordinary registered shares to ordinary bearer shares, and then with their assimilation and introduction to stock exchange trading, which took place on 19 July 2013. The amendments concern Article 9 par. 1 first indent as regards A series shares.

The current wording of Article 9 par. 1 first indent of the Articles of Association concerning A series shares:

Ҥ 9

The share capital is PLN 127,650,490 (one hundred twenty seven million six hundred fifty thousand four hundred ninety zloty) and is divided into 25,530,098 (twenty five million five hundred thirty thousand ninety eight) shares having a nominal value of PLN 5 (five) per share, issued in series:

A series (founding series) comprises 3,000,000 (three million) ordinary shares marked with numbers from 0000001 to 3000000, in the total amount of PLN 15,000,000 (fifteen million zloty), consisting of:

2,470 (two thousand four hundred seventy) ordinary registered shares,
2,997,530 (two million nine hundred ninety seven thousand five hundred thirty) ordinary bearer shares;”

The new wording of Article 9 par. 1 first indent of the Articles of Association concerning A series shares in accordance to the draft resolution No 245 of the Ordinary General Meeting of Budimex SA convened on 28 April 2015:

Ҥ 9

The share capital is PLN 127,650,490 (one hundred twenty seven million six hundred fifty thousand four hundred ninety zloty) and is divided into 25,530,098 (twenty five million five hundred thirty thousand ninety eight) shares having a nominal value of PLN 5 (five) per share, issued in series:

A series (founding series) comprises 3,000,000 (three million) ordinary shares marked with numbers from 0000001 to 3000000, in the total amount of PLN 15,000,000 (fifteen million zloty), consisting of:

2,350 (two thousand three hundred fifty) ordinary registered shares,

2,997,650 (two million nine hundred ninety seven thousand six hundred fifty) ordinary bearer shares;”

The remaining provisions of the Articles of Association shall remain unchanged.

The consolidated text of the Articles of Association incorporating the amendments referred to above is attached as an appendix to this report.