INFORMATION ON DIVIDEND
When making the decision on dividend payment, the Management Board guides by the intention, declared in PHN S.A. strategy, to share the growth of the Company’s value with its shareholders in the form of dividend, and takes account of the Group’s present financial standing and planned cash flows, including the expected investment plans and the possibility of obtaining financing for their implementation.

DIVIDEND FOR 2021

On 28 June 2022, the Company's Annual General Meeting, pursuant to Resolution 7 on the distribution of profit for 2021, setting the record date and the dividend payment date, and the allocation of the supplementary capital (kapitał zapasowy), decided to:

1)      The Company's net profit for the year ended 31 December 2021 in the amount of PLN 72,675,254.35 shall be distributed as follows:

• • PLN 18,438,232.68 shall be used to pay dividends to the Company's shareholders,
  • PLN 54,237,021.67 shall be transferred to the supplementary capital.

2)      The dividend amount per share shall be PLN 0.36.

51,217,313 shares of the Company participate in the dividends. The Annual General Meeting of the Company, pursuant to the said Resolution, set the record date as 18 August 2022 and the dividend payment date as 31 August 2022.