CATALYST - ESPI system

Current Report No 2/2017

Made on 2017-02-15

The issuer's name Magellan S.A.

Subject Supervisory Board standpoint regarding distribution of profit achieved in 2016.

Legal grounds Art. 17 title 1 of MAR - confidential information

Report content:

Magellan S.A. hereby informs that Magellan S.A. Supervisory Board on 13th February 2017 gave positive opinion to standpoint presented by the Management Board regarding the distribution of the total net profit of the Company achieved in 2016 to the Company's supplementary capital.

President, Management Board Member, Management Board

Krzysztof Kawalec Rafał Karnowski

Magellan SA published this content on 15 February 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 15 February 2017 09:00:15 UTC.

Original documenthttp://www.magellansa.pl/Portals/1/Files/Raporty/Catalyst/ESPI/2017/ANG/002 Stanowisko RN w sprawie podzialu zysku 2016_ENG.pdf

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