Firma Oponiarska Debica S A : Information about dividend payment for 2019

POLISH FINANCIAL SUPERVISION AUTHORITY

Date: August 25, 2020

Abbreviated name of issuer:

DEBICA

Subject: Information about dividend payment for 2019

Legal grounds:

Art. 56 item 1 (2) of the Act on Public Offering Act

Report content:

The Management Board of Debica S.A. communicates to the general public the level of dividend, the value of dividend per share, the number of shares entitled to dividend, dividend entitlement acquisition date and dividend payment date.

The General Meeting of Shareholders of Tire Company Debica S.A. based in Debica resolved that the Company 2019 profit totaling PLN 112 739 473,10 (in words: one hundred twelve million seven hundred thirty nine thousand four hundred seventy three zlotys and 10/100) would be distributed as follows:

1. to allocate the amount of PLN 56 315 220,00 (in words: fifty-six million three hundred fifteen thousand two hundred twenty zloty 00/100) to dividend payment to shareholders in the amount of PLN 4.08 per share, establishing the day October 9, 2020 as the date of acquiring rights to this dividend (dividend date) and December 17, 2020 as the dividend payment date from Company's 2019 profit, due to the seasonal nature of the Company's business.
2. to allocate the amount of PLN 56 424 253,10 (in words: fifty-six million four hundred twenty-four thousand two hundred fifty-three zloty and 10/100) to the Company's reserve capital with an option of paying it out in subsequent years.

At the same time the Company's Management Board advises that the dividend covers all shares into which the Company's shareholders' equity is divided i.e. 13,802,750 (in words: thirteen million eight hundred and two thousand seven hundred fifty) shares.