Current Report No. 14/2019: Management Board proposal for dividend distribution

The Management Board of KRUK S.A. (the “Company”) announces that on April 23rd 2019 the Management Board of the Company passed a resolution on a recommendation to the Annual General Meeting that a dividend of PLN 5 per share be distributed to shareholders in full from the Company's reserve capital. The proposal concerning the dividend payment and dividend amount was prepared taking into account the KRUK Group’s current financial standing, as well as its further growth strategy, plans and prospects. The Management Board may propose distribution of dividends in the future, but in each case the final decision in this respect will be made with due regard paid to the Group’s strategic plans, growth prospects, investment financing requirements, as well as its current debt level and
overall financial standing.