Announcement.

FERRO SA (26/2017) Adoption of a resolution on payment of a dividend by a subsidiary

Legal basis: Article 17 paragraph 1 of the Regulation of the European Parliament and the EU Council No. 596/2014 of 16 April 2014 on market abuse and repealing Directive 2003/6 / EC of the European Parliament and of the Council and Commission Directive 2003/124 / EC, 2003/125 / EC and 2004/72 / WE (Journal of Laws UE.L No. 173, page 1). Management Board of FERRO SA ("Company") informs that the General Meeting of the company's subsidiary, ie NOVASERVIS spol. S r.o. with its registered office in Brno, Czech Republic (the "Subsidiary"), adopted on December 14, 2017 a resolution on dividend payment to the Company in the amount of CZK 40,000,000.00 (which is PLN 6,576,000.00, according to the average NBP exchange rate of December 14, 2017) to the Company. The dividend will be paid out of profits from previous years. The payment of the abovementioned amount will take place within 5 months from the date of adopting the resolution. The company has 100% shares in the Subsidiary. The acquired funds will increase the Company's current assets.

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Company information
Company name:Ferro SA
ISIN:PLFERRO00016
NIP:944-20-51-648
Adress: ul. Przemysłowa 7 32-050 Skawina
Phone:+48 12 2562100
website:www.ferro.pl

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