Current report No. 40/2023: Positive assessment of Management Board's recommendation on allocation of net profit and dividend payment

Further to Current Report No. 38/2023 of May 17th 2023, the Management Board of KRUK S.A. (the “Company”) announces that on May 22nd 2023 the Supervisory Board passed a resolution to issue a positive opinion on the Management Board’s proposal regarding the allocation of the Company’s 2022 net profit and the recommendation that the Annual General Meeting allocate the Company’s 2022 net profit of PLN 804,982,752.25 as follows:
1. distribute PLN 289,781,850.00 as a dividend of PLN 15.00 per share to the Company’s shareholders;
2. transfer the remaining PLN 515,200,902.25 to statutory reserve funds.