Management Board of Medinice S.A. on July 1, 2019, adopted a resolution on the Company’s dividend policy. In the event that the Company generates profit that can be allocated for distribution, the Management Board of the Company intends to submit to the Ordinary General Meeting of Shareholders every year a dividend payment proposal according to the following parameters:
| Amount of profit | Sum of the dividend |
|---|---|
| 15.000.000 – 50.000.000 PLN | at least 50% of the profit to be distributed |
| 50.000.000 – 100.000.000 PLN | at least 60% of the profit to be distributed |
| exceeds 100.000.000 PLN | at least 75% of the profit to be distributed |