Changing the agenda of the Ordinary General Meeting of Shareholders of PHN S.A. convened for June 22, 2016 at the request of an authorized shareholder

Legal basis: Article 56.1.2 of the Act on Public Offering – current and periodical information

The Management Board of Polski Holding Nieruchomości S.A. (the “Spółka”) hereby informs that the Company today received a request from the Treasury regarding adding to the agenda of the Ordinary General Meeting of the Company, under Article 401.1 of the Commercial Companies Code, an item providing for adopting resolutions on changes to the composition of the Company’s Supervisory Board.

The Company therefore presents the amended agenda, in which item 11 is added entitled “Adopting resolutions on changes to the composition of the Supervisory Board”. The existing item 11 entitled “Closing the General Meeting” is renumbered to 12.

Amended agenda:

1. Opening the General Meeting.
2. Electing the Chairperson of the General Meeting.
3. Validating the convention of the General Meeting and its capacity to adopt resolutions.
4. Adopting the agenda.
5. Examining the Management Board’s report on the Company’s activities in 2015, the Company’s financial statements for 2015 and the Management Board’s motion on 2015 profit distribution.
6. Examining the Company Supervisory Board’s review of the financial statements for 2015, the Management Board’s report on the Company’s activities in 2015, and the Management Board’s motion on 2015 net profit distribution.
7. Examining the Management Board’s report on the activities of the Polski Holding Nieruchomości S.A. Group in 2015, and the consolidated financial statements of the Polski Holding Nieruchomości S.A. Group for 2015.
8. Examining the Company Supervisory Board’s review of the consolidated financial statements of the Polski Holding Nieruchomości S.A. Group for 2015, and of the Management Board’s report on the activities of the Polski Holding Nieruchomości S.A. Group in 2015.
9. Examining the report on the activities of the Company’s Supervisory Board in 2015.
10. Adopting the resolutions concerning:
    a)   approval of the Company’s financial statements for 2015;
    b)  approval of the Management Board’s report on the Company’s activities in 2015;
    c)   approval of the consolidated financial statements of the Polski Holding Nieruchomości S.A. Group for 2015;
    d)  approval of the Management Board’s report on the activities of the Polski Holding Nieruchomości S.A. Group in 2015;
    e)  distribution of FY2015 profit and setting the dividend record date and dividend payment date;
    f)   granting discharge to Members of the Company’s Management Board for 2015;
    g)  granting discharge to Members of the Company’s Supervisory Board for 2015.
11. Adopting resolutions on changes to the composition of the Supervisory Board.
12. Closing the General Meeting.

In relation to the above, the Company’s Management Board attaches to this report the additional draft resolutions to the new agenda including justification.

Legal basis:
Art. 38.1 of the Regulation of the Minister of Finance of February 19, 2009 on current and periodical information published by issuers of securities and the conditions of recognizing information required by the regulations of non-member states as equivalent (Journal of Laws [Dz.U.] 33, item 259).]

Signatures of the Company’s representatives:
Zbigniew Kulewicz – Vice-President of the Management Board
Piotr Staroń – Member of the Management Board for Finance