Announcement.

KBJ SA (8/2018) Recommendation of the Management Board of KBJ S.A. regarding the payment of the dividend for 2017

Legal attitude: Art. 17 para. 1 MAR - confidential information.
Board of KBJ S.A. ("Issuer", "Company") informs that today it has decided that it will recommend to the Ordinary General Meeting payment of the dividend from the profit for 2017.
The Management Board recommends a net profit achieved in the fiscal year 2017 in the amount of PLN 2 507 772.56 zlotys (in words: two million five hundred seven thousand seven hundred seventy two zlotys 56/100) divided as follows:
- PLN 292 750.48 (two hundred ninety two thousand seven hundred and fifty zlotys (48/100) net profit) to be used to pay dividends to shareholders, ie PLN 0.19 (say nineteen grosz) per share,
- the remaining amount, ie PLN 2 215 022,08 (in words: two million two hundred and fifteen thousand and twenty two zlotys 08 / 100) to be allocated to reserve capital.
The total number of shares entitled to the right to dividend is 1 540 792 shares. The dividend rate is 1.46% (according to the closing rate of on June 26), while the dividend payment rate is 11.67%.
The Management Board of the Issuer recommends that the dividend day, according to which the list of shareholders entitled to dividend for 2017 is set, is 28 August 2018, its payment as at December 3, 2018.
Regarding the dividend policy, the Management Board announces that it has decided to recommend a lower profit distribution than the dividend policy, due to the increased demand for working capital necessary to finance ongoing work and projects and financing of investment and development projects.
The final decision regarding the distribution of profit for the 2017 financial year will be taken by the Ordinary General Meeting on June 29, 2018.

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Company information
Company name:KBJ SA
ISIN:PLKBJ0000016
NIP:726-257-17-99
Adress: ul. Broniewskiego 3 01-785 Warszawa
Phone:+48 22 6523230
website:www.kbj.com.pl

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