Current report No. 2/2021

Date: March 31, 2021

Subject: Proposal of the Management Board regarding distribution of net profit for the 2020 financial year together with the assessment of the Supervisory Board

Legal basis: Art. 17 sec. 1 of MAR Regulation - confidential information

Contents of the report:

Mangata Holding SA Management Board ("Issuer", "Company") informs that on March 31, 2021, it adopted a resolution on distribution of the Issuer's net profit for 2020, according to which it decided to submit to the Ordinary General Meeting of the Issuer an application for allocation of the net profit for the financial year 2020 in the amount of PLN 18.471.867,52 for dividend payment.

At the same time, the Management Board decided to recommend to the Ordinary General Meeting to allocate an additional amount of PLN 11,573,975.48 from retained earnings from previous years for the payment of dividends. The total amount of the dividend would be PLN 30,045,843.00, which is a dividend of PLN 4.50 per share. The dividend would apply to all the Company's shares, i.e. 6,676,854 shares.

At the same time, on the basis of the above-mentioned resolution, the Management Board decided to submit to the Supervisory Board of the Issuer, for the purpose of assessment, a request for allocation of the net profit for the financial year 2020 in accordance with the above assumptions.

On March 30, 2021, the Supervisory Board, acting pursuant to art. 382 § 3 of the Code of Commercial Companies, § 14 para. 2 lit. d) of the Articles of Association of the Company, adopted a resolution on the positive assessment of the Management Board's proposal regarding the allocation of the net profit for the financial year 2020 in accordance with the above assumptions.

The final decision on the allocation of the net profit for the 2020 financial year will be made by the Ordinary General Meeting of the Issuer

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Mangata Holding SA published this content on 31 March 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 01 April 2021 13:41:07 UTC.