Opinion of the Supervisory Board of Izostal S.A. on the Management Board's recommendation concerning the payment of dividend for 2023

Legal basis: Art. 17 Clause 1 MAR - confidential information.
 
CONTENT OF THE REPORT:
The Management Board of Izostal S.A. (the Company) informs that the Supervisory Board during its meeting on March 26, 2024 adopted a resolution on approval of the request made by the Management Board to the General Meeting of Shareholders, regarding distribution of the net profit earned in 2023.

The Supervisory Board issued a positive opinion on the proposal of the Management Board regarding distribution of net profit for 2023, including allocation of the amount of PLN 2,946,960.00 for dividend for the Company’s shareholders, which gives PLN 0.09 of dividend per each share. The proposal includes covering by dividend of all the shares issued by the Company in the number of 32,744,000 pieces.

The Supervisory Board did not raise any objections as to the date for determining the right to receive a dividend falling as at July 4, 2024, and the date for payment of the dividend as at July 18, 2024 suggested by the Management Board.
 
 
SIGNATURES OF PERSONS REPRESENTING THE COMPANY:
Management Board President, Marek Mazurek  2024-03-26
Management Board Vice President, Michał Pietrek 2024-03-26
 
INFORMATION ON THE ENTITY:
Full name of the issuer: IZOSTAL SPÓŁKA AKCYJNA
Abbreviated name of the issuer:  IZOSTAL S.A
Sector based on the classification of Warsaw Stock Exchange:  Other industry
Address: 47-113 Kolonowskie  Opolska 29
Telephone: (77) 405 65 00
Fax: (77) 405 65 01
e-mail: info@izostal.com.pl
www.izostal.com.pl
VAT No. [NIP]:756-00-10-641
Statistical No. [REGON]: 530884678